Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Fidel Softech IPO vs Rachana Infrastructure IPO

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.

 Fidel Softech IPORachana Infrastructure IPO
LogoFidel Softech IPO LogoRachana Infrastructure IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Interactive Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShreni Shares Ltd.NNM Securities Pvt.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 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 IPORachana 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 Size3000 shares1000 shares
Fresh Issue Size34,62,000 shares25,41,000 shares
Fresh Issue Size (Amount)up to ₹12.81 Crup to ₹34.30 Cr
OFS Issue Size0 shares28,25,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹38.14 Cr
Issue Size Total34,62,000 shares53,66,000 shares
Issue Size Total (Amount)up to ₹12.81 Crup 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.

 Fidel Softech IPORachana Infrastructure IPO
Anchor Bid Date
Issue OpenMay 30, 2022May 20, 2022
Issue CloseJun 02, 2022Jun 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, 2022Jun 10, 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 Rachana Infrastructure IPO P/E ratio of 138.

 Fidel Softech IPORachana Infrastructure 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 Standalone)
Particulars For the year/period ended (₹ in Lakhs)
31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 8,784.50 8,043.07 10,618.21 7,981.82
Total Revenue 4,171.07 10,705.67 15,840.55 11,393.32
Profit After Tax 139.85 455.31 597.13 466.45
Promoter Shareholding (Pre-Issue)98.9883.44
Promoter Shareholding (Post-Issue)72.72
P/E Ratio11.15138
Market Cap₹50.88 Cr.₹256.75 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 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 IPORachana Infrastructure IPO
Anchor Investor Reserveration
Market Maker Reserveration1,86,000 shares2,84,000 shares
QIB
NII17,31,000 shares26,83,000 shares
RII17,31,000 shares26,83,000 shares
Employee
Others
Total34,62,000 shares53,66,000 shares

Bids Received (Subscription)

Fidel Softech IPO subscribed 102.89x in total, whereas Rachana Infrastructure IPO subscribed 1.21x.

 Fidel Softech IPORachana Infrastructure IPO
QIB (times)
NII (times)138.34x1.82x
Big NII (times)
Small NII (times)
RII (times)67.44x0.60x
Employee (times)
Other (times)
Total (times)102.89x1.21x