Fidel Softech IPO vs Goel Food Products IPO

Comparison between Fidel Softech IPO and Goel Food Products IPO.

IPO Details

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

Issue Size and Price

The total issue size of Fidel Softech IPO is up to ₹12.81 Cr whereas the issue size of the Goel Food Products IPO is up to ₹6.84 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 IPOGoel Food Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹37.00 per share₹72.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1600 shares
Fresh Issue Size34,62,000 shares4,49,600 shares
Fresh Issue Size (Amount)up to ₹12.81 Crup to ₹3.24 Cr
OFS Issue Size0 shares5,00,800 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹3.61 Cr
Issue Size Total34,62,000 shares9,50,400 shares
Issue Size Total (Amount)up to ₹12.81 Crup to ₹6.84 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 IPOGoel Food Products IPO
Issue OpenMay 30, 2022Jun 15, 2022
Issue CloseJun 02, 2022Jun 20, 2022
Basis Of Allotment (Tentative)Jun 07, 2022Jun 23, 2022
Initiation of Refunds (Tentative)Jun 08, 2022Jun 24, 2022
Credit of Share (Tentative)Jun 09, 2022Jun 27, 2022
Listing date (Tentative)Jun 10, 2022Jun 28, 2022

Financials & KPIs

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

 Fidel Softech IPOGoel Food Products IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets20.1017.5810.06
Total Income26.8726.2122.80
Profit After Tax4.573.453.15
NET Worth14.8810.326.87
Reserves and Surplus4.7810.066.61
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets45.6326.5435.3329.04
Total Income12.017.5416.0713.87
Profit After Tax1.88-0.010.631.48
NET Worth9.417.547.547.42
Reserves and Surplus8.606.726.736.60
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.98%99.98%
Promoter Shareholding (Post-Issue)72.72%73.41%
P/E Ratio11.1510.84
Market Cap₹50.88 Cr.₹27.15 Cr.
ROE0
ROCE3
Debt/Equity0.111.98
EPS₹4.52₹-0.09
RoNW30.68-0.1

Shares Offered

In the Fidel Softech IPO Retail Individual 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 0 shares in Goel Food Products IPO.

 Fidel Softech IPOGoel Food Products IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,86,000 shares51,200 shares
QIB0 shares
NII17,31,000 shares4,75,200 shares
RII17,31,000 shares4,75,200 shares
Employee0 shares
Total34,62,000 shares9,50,400 shares

Bids Received (Subscription)

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

 Fidel Softech IPOGoel Food Products IPO
NII (times)138.34x1.21x
RII (times)67.44x2.07x
Total (times)102.89x1.64x

Compare with others

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Fidel Softech IPO Vs Goel Food Products IPO