Comparison between Fidel Softech IPO and Rachana Infrastructure IPO.
Fidel Softech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rachana Infrastructure IPO is a SME Fixed Price proposed to list at NSE SME.
| Fidel Softech IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Interactive Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Fidel Softech IPO is up to ₹12.81 Cr whereas the issue size of the Rachana Infrastructure IPO is up to ₹72.44 Cr. The final issue price of Fidel Softech IPO is ₹37.00 per share and of Rachana Infrastructure IPO is ₹135.00 per share.
| Fidel Softech IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹37.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 34,62,000 shares | 25,41,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.81 Cr | up to ₹34.30 Cr |
| OFS Issue Size | 0 shares | 28,25,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹38.14 Cr |
| Issue Size Total | 34,62,000 shares | 53,66,000 shares |
| Issue Size Total (Amount) | up to ₹12.81 Cr | up to ₹72.44 Cr |
Fidel Softech IPO opens on May 30, 2022, while Rachana Infrastructure IPO opens on May 20, 2022. The closing date of Fidel Softech IPO and Rachana Infrastructure IPO is Jun 02, 2022, and Jun 02, 2022, respectively.
| Fidel Softech IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 30, 2022 | May 20, 2022 |
| Issue Close | Jun 02, 2022 | Jun 02, 2022 |
| Basis Of Allotment (Tentative) | Jun 07, 2022 | |
| Initiation of Refunds (Tentative) | Jun 08, 2022 | |
| Credit of Share (Tentative) | Jun 09, 2022 | |
| Listing date (Tentative) | Jun 10, 2022 | Jun 10, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Fidel Softech IPO P/E ratio is 11.15, as compared to Rachana Infrastructure IPO P/E ratio of 138.
| Fidel Softech IPO | Rachana Infrastructure IPO | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials ()
| ||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.98 | 83.44 | ||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.72 | |||||||||||||||||||||||||||||||
| P/E Ratio | 11.15 | 138 | ||||||||||||||||||||||||||||||
| Market Cap | ₹50.88 Cr. | ₹256.75 Cr. | ||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||
| Debt/Equity | 0.11 | 0.57 | ||||||||||||||||||||||||||||||
| EPS | ₹4.52 | ₹8.66 | ||||||||||||||||||||||||||||||
| RoNW | 30.68 | 11.63 | ||||||||||||||||||||||||||||||
In the Fidel Softech IPO Retail Individual Investors (RII) are offered 17,31,000 shares while in Rachana Infrastructure IPO retail investors are offered 17,31,000 shares. Qualified Institutional Buyers (QIB) are offered in Fidel Softech IPO and in Rachana Infrastructure IPO.
| Fidel Softech IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,86,000 shares | 2,84,000 shares |
| QIB | ||
| NII | 17,31,000 shares | 26,83,000 shares |
| RII | 17,31,000 shares | 26,83,000 shares |
| Employee | ||
| Others | ||
| Total | 34,62,000 shares | 53,66,000 shares |
Fidel Softech IPO subscribed 102.89x in total, whereas Rachana Infrastructure IPO subscribed 1.21x.
| Fidel Softech IPO | Rachana Infrastructure IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 138.34x | 1.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 67.44x | 0.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 102.89x | 1.21x |
