Comparison between Fidel Softech IPO and Scarnose International IPO.
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 IPO | Scarnose International IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Shreni Shares Ltd. | Econo Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Scarnose 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 Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 34,62,000 shares | 11,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.81 Cr | up to ₹6.27 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 34,62,000 shares | 11,40,000 shares |
| Issue Size Total (Amount) | up to ₹12.81 Cr | up to ₹6.27 Cr |
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 IPO | Scarnose International IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 30, 2022 | Jun 14, 2022 |
| Issue Close | Jun 02, 2022 | Jun 17, 2022 |
| Basis Of Allotment (Tentative) | Jun 07, 2022 | Jun 22, 2022 |
| Initiation of Refunds (Tentative) | Jun 08, 2022 | Jun 23, 2022 |
| Credit of Share (Tentative) | Jun 09, 2022 | Jun 24, 2022 |
| Listing date (Tentative) | Jun 10, 2022 | Jun 27, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Fidel Softech IPO P/E ratio is 11.15, as compared to Scarnose International IPO P/E ratio of 51.89.
| Fidel Softech IPO | Scarnose International IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.98 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.72 | 61.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.15 | 51.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹50.88 Cr. | ₹17.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.11 | 0.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.52 | ₹1.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.68 | 9.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Scarnose International IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,86,000 shares | 60,000 shares |
| QIB | ||
| NII | 17,31,000 shares | 5,70,000 shares |
| RII | 17,31,000 shares | 5,70,000 shares |
| Employee | ||
| Others | ||
| Total | 34,62,000 shares | 11,40,000 shares |
Fidel Softech IPO subscribed 102.89x in total, whereas Scarnose International IPO subscribed 2.22x.
| Fidel Softech IPO | Scarnose International IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 138.34x | 2.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 67.44x | 2.34x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 102.89x | 2.22x |
