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

Fidel Softech IPO vs Scarnose International IPO

Comparison between Fidel Softech IPO and Scarnose International IPO.

IPO Details

Fidel Softech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Scarnose International IPO is a SME Fixed Price proposed to list at BSE SME.

 Fidel Softech IPOScarnose International IPO
LogoFidel Softech IPO LogoScarnose International IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersShreni Shares Ltd.Finshore Management Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerShreni Shares Ltd.Econo Broking 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 Scarnose International IPO is up to ₹6.27 Cr. The final issue price of Fidel Softech IPO is ₹37.00 per share and of Scarnose International IPO is ₹55.00 per share.

 Fidel Softech IPOScarnose International IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹37.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size34,62,000 shares11,40,000 shares
Fresh Issue Size (Amount)up to ₹12.81 Crup to ₹6.27 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total34,62,000 shares11,40,000 shares
Issue Size Total (Amount)up to ₹12.81 Crup to ₹6.27 Cr

IPO Timetable

Fidel Softech IPO opens on May 30, 2022, while Scarnose International IPO opens on Jun 14, 2022. The closing date of Fidel Softech IPO and Scarnose International IPO is Jun 02, 2022, and Jun 17, 2022, respectively.

 Fidel Softech IPOScarnose International IPO
Anchor Bid Date
Issue OpenMay 30, 2022Jun 14, 2022
Issue CloseJun 02, 2022Jun 17, 2022
Basis Of Allotment (Tentative)Jun 07, 2022Jun 22, 2022
Initiation of Refunds (Tentative)Jun 08, 2022Jun 23, 2022
Credit of Share (Tentative)Jun 09, 2022Jun 24, 2022
Listing date (Tentative)Jun 10, 2022Jun 27, 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 Scarnose International IPO P/E ratio of 51.89.

 Fidel Softech IPOScarnose International 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
Scarnose International Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-201204.911204.562.814.053.04
31-Mar-21457.83255.7222.51190.55148.55
31-Mar-221242.259593.0233.42339143.98
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)98.9899.99
Promoter Shareholding (Post-Issue)72.7261.90
P/E Ratio11.1551.89
Market Cap₹50.88 Cr.₹17.33 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 Scarnose International IPO retail investors are offered 17,31,000 shares. Qualified Institutional Buyers (QIB) are offered in Fidel Softech IPO and in Scarnose International IPO.

 Fidel Softech IPOScarnose International IPO
Anchor Investor Reserveration
Market Maker Reserveration1,86,000 shares60,000 shares
QIB
NII17,31,000 shares5,70,000 shares
RII17,31,000 shares5,70,000 shares
Employee
Others
Total34,62,000 shares11,40,000 shares

Bids Received (Subscription)

Fidel Softech IPO subscribed 102.89x in total, whereas Scarnose International IPO subscribed 2.22x.

 Fidel Softech IPOScarnose International IPO
QIB (times)
NII (times)138.34x2.09x
Big NII (times)
Small NII (times)
RII (times)67.44x2.34x
Employee (times)
Other (times)
Total (times)102.89x2.22x