Fidel Softech IPO vs Goel Food Products IPO

Comparision between Fidel Softech IPO and Goel Food Products IPO.

IPO Details

Fidel Softech IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Goel Food Products IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Fidel Softech IPO	Goel Food Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Shreni Shares Limited	Gretex Corporate Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Fidel Softech IPO is up to ₹13.51 Cr whereas the issue size of the Goel Food Products IPO is up to ₹7.21 Cr. The final issue price of Fidel Softech IPO is ₹37.00 per share and of Goel Food Products IPO is ₹72.00 per share.

	Fidel Softech IPO	Goel Food Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹37.00 per share	₹72.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	36,50,000 shares	5,00,800 shares
Fresh Issue Size (Amount)	up to ₹13.51 Cr	up to ₹3.61 Cr
OFS Issue Size		5,00,800 shares
OFS Issue Size (Amount)		up to ₹3.61 Cr
Issue Size Total	36,50,000 shares	10,01,600 shares
Issue Size Total (Amount)	up to ₹13.51 Cr	up to ₹7.21 Cr

IPO Timetable

Fidel Softech IPO opens on May 30, 2022, while Goel Food Products IPO opens on Jun 15, 2022. The closing date of Fidel Softech IPO and Goel Food Products IPO is Jun 02, 2022, and Jun 20, 2022, respectively.

	Fidel Softech IPO	Goel Food Products IPO
Anchor Bid Date
Issue Open	May 30, 2022	Jun 15, 2022
Issue Close	Jun 02, 2022	Jun 20, 2022
Basis Of Allotment (Tentative)	Jun 07, 2022	Jun 23, 2022
Initiation of Refunds (Tentative)	Jun 08, 2022	Jun 24, 2022
Credit of Share (Tentative)	Jun 09, 2022	Jun 27, 2022
Listing date (Tentative)	Jun 10, 2022	Jun 28, 2022
Anchor Lockin End date 1	Jul 07, 2022	Jul 23, 2022
Anchor Lockin End date 2	Sep 05, 2022	Sep 21, 2022

Financials

Fidel Softech IPO P/E ratio is 11.15, as compared to Goel Food Products IPO P/E ratio of 10.84.

Fidel Softech IPO

Goel Food Products IPO

Financial

Fidel Softech Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1005.5	2280.4	314.7	686.67	661.42
31-Mar-21	1758.1	2620.6	345	1031.68	1006.43
31-Mar-22	2010.3	2686.7	456.5	1488.01	477.93
Amount in ₹ Lakhs

Goel Food Products Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	2903.58	1386.7	148.38	741.93	660.19
31-Mar-20	3532.84	1606.84	63.1	754.48	672.74
31-Mar-21	2654.34	753.85	-0.76	753.73	671.99
31-Dec-21	4563.02	1200.68	187.65	941.38	859.64
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.98%

99.98%

Promoter Shareholding (Post-Issue)

72.72%

73.41%

P/E Ratio

11.15

10.84

Market Cap

₹50.88 Cr.

₹27.15 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Fidel Softech IPO retail investors (RII) are offered 17,31,000 shares while in Goel Food Products IPO retail investors are offered 17,31,000 shares. Qualified institutional buyers (QIB) are offered in Fidel Softech IPO and in Goel Food Products IPO.

	Fidel Softech IPO	Goel Food Products IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,86,000 shares	51,200 shares
QIB
NII	17,31,000 shares	4,75,200 shares
RII	17,31,000 shares	4,75,200 shares
Employee
Others
Total	34,62,000 shares	9,50,400 shares

Bids Received (Subscription)

Fidel Softech IPO subscribed 102.89x in total, whereas Goel Food Products IPO subscribed 1.64x.

	Fidel Softech IPO	Goel Food Products IPO
QIB (times)
NII (times)	138.34x	1.21x
Big NII (times)
Small NII (times)
RII (times)	67.44x	2.07x
Employee (times)
Other (times)
Total (times)	102.89x	1.64x

Compare with others

Fidel Softech IPO	Goel Food Products IPO
Pearl Green Clubs and Resorts IPO	Sailani Tours N Travels IPO
KCK Industries IPO	Mangalam Worldwide IPO
Goel Food Products IPO	Modis Navnirman IPO
Scarnose International IPO	Pearl Green Clubs and Resorts IPO
Silver Pearl Hospitality IPO	KCK Industries IPO
Globesecure Technologies IPO	Scarnose International IPO
Rachana Infrastructure IPO	Silver Pearl Hospitality IPO
Sonu Infratech IPO	Fidel Softech IPO
Nanavati Ventures IPO	Globesecure Technologies IPO
Fone4 Communications IPO	Rachana Infrastructure IPO

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