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.
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.
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 IPO | Nanavati Ventures IPO |
|---|
| Issue Open | May 30, 2022 | Apr 25, 2022 |
| Issue Close | Jun 02, 2022 | Apr 27, 2022 |
| Basis Of Allotment (Tentative) | Jun 07, 2022 | May 02, 2022 |
| Initiation of Refunds (Tentative) | Jun 08, 2022 | May 04, 2022 |
| Credit of Share (Tentative) | Jun 09, 2022 | May 05, 2022 |
| Listing date (Tentative) | Jun 10, 2022 | May 06, 2022 |
Financials & KPIs
Fidel Softech IPO P/E ratio is 11.15, as compared to Nanavati Ventures IPO P/E ratio of 61.73.
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 IPO | Nanavati Ventures IPO |
|---|
| Market Maker Reservation | 1,86,000 shares | 24,000 shares |
| NII | 17,31,000 shares | 2,06,000 shares |
| RII | 17,31,000 shares | 2,06,000 shares |
| Total | 34,62,000 shares | 4,12,000 shares |
Bids Received (Subscription)
Fidel Softech IPO subscribed 102.89x in total, whereas Nanavati Ventures IPO subscribed 32.52x.
