Fidel Softech IPO vs Sonu Infratech IPO

Comparison between Fidel Softech IPO and Sonu Infratech IPO.

IPO Details

Fidel Softech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sonu Infratech 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 Sonu Infratech IPO is up to ₹8.21 Cr. The final issue price of Fidel Softech IPO is ₹37.00 per share and of Sonu Infratech IPO is ₹36.00 per share.

 Fidel Softech IPOSonu Infratech IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹37.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size34,62,000 shares22,80,000 shares
Fresh Issue Size (Amount)up to ₹12.81 Crup to ₹8.21 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total34,62,000 shares22,80,000 shares
Issue Size Total (Amount)up to ₹12.81 Crup to ₹8.21 Cr

IPO Timetable

Fidel Softech IPO opens on May 30, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Fidel Softech IPO and Sonu Infratech IPO is Jun 02, 2022, and May 05, 2022, respectively.

 Fidel Softech IPOSonu Infratech IPO
Issue OpenMay 30, 2022Apr 29, 2022
Issue CloseJun 02, 2022May 05, 2022
Basis Of Allotment (Tentative)Jun 07, 2022May 10, 2022
Initiation of Refunds (Tentative)Jun 08, 2022May 11, 2022
Credit of Share (Tentative)Jun 09, 2022May 12, 2022
Listing date (Tentative)Jun 10, 2022May 13, 2022

Financials & KPIs

Fidel Softech IPO P/E ratio is 11.15, as compared to Sonu Infratech IPO P/E ratio of 15.79.

 Fidel Softech IPOSonu Infratech 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 Oct 202131 Mar 202131 Mar 202031 Mar 2019
Assets55.0343.1929.0326.96
Total Income32.4040.7741.1434.13
Profit After Tax1.041.400.660.64
NET Worth10.289.247.847.18
Reserves and Surplus4.833.792.391.73
Total Borrowing32.2526.4817.4911.28
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.98%94.28%
Promoter Shareholding (Post-Issue)72.72%65.45%
P/E Ratio11.1515.79
Market Cap₹50.88 Cr.₹28.26 Cr.
ROE16.38
ROCE9.7
Debt/Equity0.113.65
EPS₹4.52₹2.57
RoNW30.6815.14

Shares Offered

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

 Fidel Softech IPOSonu Infratech IPO
Market Maker Reservation1,86,000 shares1,20,000 shares
NII17,31,000 shares11,40,000 shares
RII17,31,000 shares11,40,000 shares
Total34,62,000 shares22,80,000 shares

Bids Received (Subscription)

Fidel Softech IPO subscribed 102.89x in total, whereas Sonu Infratech IPO subscribed 16.52x.

 Fidel Softech IPOSonu Infratech IPO
NII (times)138.34x13.43x
RII (times)67.44x19.60x
Total (times)102.89x16.52x

Compare with others

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Fidel Softech IPO Vs Sonu Infratech IPO