Fidel Softech IPO vs Fone4 Communications IPO

Comparision between Fidel Softech IPO and Fone4 Communications IPO.

IPO Details

Fidel Softech IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Fone4 Communications IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Fidel Softech IPO	Fone4 Communications 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	Finshore Management Services Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
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 Fone4 Communications IPO is up to ₹6.80 Cr. The final issue price of Fidel Softech IPO is ₹37.00 per share and of Fone4 Communications IPO is ₹10.00 per share.

	Fidel Softech IPO	Fone4 Communications IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹37.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	10000 shares
Fresh Issue Size	36,50,000 shares	68,00,000 shares
Fresh Issue Size (Amount)	up to ₹13.51 Cr	up to ₹6.80 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,50,000 shares	68,00,000 shares
Issue Size Total (Amount)	up to ₹13.51 Cr	up to ₹6.80 Cr

IPO Timetable

Fidel Softech IPO opens on May 30, 2022, while Fone4 Communications IPO opens on Apr 25, 2022. The closing date of Fidel Softech IPO and Fone4 Communications IPO is Jun 02, 2022, and Apr 27, 2022, respectively.

	Fidel Softech IPO	Fone4 Communications IPO
Anchor Bid Date
Issue Open	May 30, 2022	Apr 25, 2022
Issue Close	Jun 02, 2022	Apr 27, 2022
Basis Of Allotment (Tentative)	Jun 07, 2022	May 02, 2022
Initiation of Refunds (Tentative)	Jun 08, 2022	May 04, 2022
Credit of Share (Tentative)	Jun 09, 2022	May 05, 2022
Listing date (Tentative)	Jun 10, 2022	May 06, 2022
Anchor Lockin End date 1	Jul 07, 2022	Jun 01, 2022
Anchor Lockin End date 2	Sep 05, 2022	Jul 31, 2022

Financials

Fidel Softech IPO P/E ratio is 11.15, as compared to Fone4 Communications IPO P/E ratio of 142.86.

Fidel Softech IPO

Fone4 Communications 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

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	3162.46	4927.98	16577.39	14225.44
Total Revenue	2626.86	6380.25	5752.19	15242.89
Profit After Tax	-2.24	-10.00	-97.78	-155.34

Promoter Shareholding (Pre-Issue)

98.98%

95.12%

Promoter Shareholding (Post-Issue)

72.72%

57.18%

P/E Ratio

11.15

142.86

Market Cap

₹50.88 Cr.

₹17.05 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 Fone4 Communications IPO retail investors are offered 17,31,000 shares. Qualified institutional buyers (QIB) are offered in Fidel Softech IPO and in Fone4 Communications IPO.

	Fidel Softech IPO	Fone4 Communications IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,86,000 shares	3,40,000 shares
QIB
NII	17,31,000 shares	32,30,000 shares
RII	17,31,000 shares	32,30,000 shares
Employee
Others
Total	34,62,000 shares	64,60,000 shares

Bids Received (Subscription)

Fidel Softech IPO subscribed 102.89x in total, whereas Fone4 Communications IPO subscribed 14.75x.

	Fidel Softech IPO	Fone4 Communications IPO
QIB (times)
NII (times)	138.34x	7.43x
Big NII (times)
Small NII (times)
RII (times)	67.44x	22.07x
Employee (times)
Other (times)
Total (times)	102.89x	14.75x

Compare with others

Fidel Softech IPO	Fone4 Communications IPO
Pearl Green Clubs and Resorts IPO	Fidel Softech IPO
KCK Industries IPO	Globesecure Technologies IPO
Goel Food Products IPO	Rachana Infrastructure IPO
Scarnose International IPO	Sonu Infratech IPO
Silver Pearl Hospitality IPO	Nanavati Ventures IPO
Globesecure Technologies IPO	Le Merite Exports IPO
Rachana Infrastructure IPO	Shashwat Furnishing Solutions IPO
Sonu Infratech IPO	Global Longlife Hospital IPO
Nanavati Ventures IPO	Eighty Jewellers IPO
Fone4 Communications IPO	Sunrise Efficient Marketing IPO

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