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Fidel Softech IPO vs Nanavati Ventures IPO

Comparison between Fidel Softech IPO and Nanavati Ventures IPO.

IPO Details

Fidel Softech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Nanavati Ventures IPO is a SME Fixed Price proposed to list at BSE SME.

 Fidel Softech IPONanavati Ventures IPO
LogoFidel Softech IPO LogoNanavati Ventures IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersShreni Shares Ltd.First Overseas Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerShreni Shares Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Fidel Softech IPO is up to ₹12.81 Cr whereas the issue size of the Nanavati Ventures IPO is up to ₹2.07 Cr. The final issue price of Fidel Softech IPO is ₹37.00 per share and of Nanavati Ventures IPO is ₹50.00 per share.

 Fidel Softech IPONanavati Ventures IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹37.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares3000 shares
Fresh Issue Size34,62,000 shares4,14,000 shares
Fresh Issue Size (Amount)up to ₹12.81 Crup to ₹2.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total34,62,000 shares4,14,000 shares
Issue Size Total (Amount)up to ₹12.81 Crup to ₹2.07 Cr

IPO Timetable

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

 Fidel Softech IPONanavati Ventures IPO
Anchor Bid Date
Issue OpenMay 30, 2022Apr 25, 2022
Issue CloseJun 02, 2022Apr 27, 2022
Basis Of Allotment (Tentative)Jun 07, 2022May 02, 2022
Initiation of Refunds (Tentative)Jun 08, 2022May 04, 2022
Credit of Share (Tentative)Jun 09, 2022May 05, 2022
Listing date (Tentative)Jun 10, 2022May 06, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Fidel Softech IPO P/E ratio is 11.15, as compared to Nanavati Ventures IPO P/E ratio of 61.73.

 Fidel Softech IPONanavati Ventures IPO
Financials
Fidel Softech Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-201005.52280.4314.7686.67661.42
31-Mar-211758.12620.63451031.681006.43
31-Mar-222010.32686.7456.51488.01477.93
Amount in ₹ Lakhs
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
  31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1417.95 663.55 286.88 186.62
Total Revenue 1049.52 1131.70 595.10 55.51
Profit After Tax 9.98 11.97 5.39 0.03
Promoter Shareholding (Pre-Issue)98.9871
Promoter Shareholding (Post-Issue)72.7252.19
P/E Ratio11.1561.73
Market Cap₹50.88 Cr.₹8.23 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Fidel Softech IPO Retail Individual Investors (RII) are offered 17,31,000 shares while in Nanavati Ventures IPO retail investors are offered 17,31,000 shares. Qualified Institutional Buyers (QIB) are offered in Fidel Softech IPO and in Nanavati Ventures IPO.

 Fidel Softech IPONanavati Ventures IPO
Anchor Investor Reserveration
Market Maker Reserveration1,86,000 shares24,000 shares
QIB
NII17,31,000 shares2,06,000 shares
RII17,31,000 shares2,06,000 shares
Employee
Others
Total34,62,000 shares4,12,000 shares

Bids Received (Subscription)

Fidel Softech IPO subscribed 102.89x in total, whereas Nanavati Ventures IPO subscribed 32.52x.

 Fidel Softech IPONanavati Ventures IPO
QIB (times)
NII (times)138.34x13.86x
Big NII (times)
Small NII (times)
RII (times)67.44x51.17x
Employee (times)
Other (times)
Total (times)102.89x32.52x