Comparison between Fidel Softech IPO and Rachana Infrastructure IPO.
IPO Details
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.
Issue Size and Price
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 (Final) | ₹37.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
IPO Timetable
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.
Financials & KPIs
Fidel Softech IPO P/E ratio is 11.15, as compared to Rachana Infrastructure IPO P/E ratio of 138.
Shares Offered
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 0 shares in Rachana Infrastructure IPO.
| | Fidel Softech IPO | Rachana Infrastructure IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 1,86,000 shares | 2,84,000 shares |
| QIB | | 0 shares |
| NII | 17,31,000 shares | 26,83,000 shares |
| RII | 17,31,000 shares | 26,83,000 shares |
| Employee | | 0 shares |
| Total | 34,62,000 shares | 53,66,000 shares |
Bids Received (Subscription)
Fidel Softech IPO subscribed 102.89x in total, whereas Rachana Infrastructure IPO subscribed 1.21x.
