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.
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.
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 IPO | Scarnose International IPO |
|---|
| 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 |
Financials & KPIs
Fidel Softech IPO P/E ratio is 11.15, as compared to Scarnose International IPO P/E ratio of 51.89.
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 IPO | Scarnose International IPO |
|---|
| Market Maker Reservation | 1,86,000 shares | 60,000 shares |
| NII | 17,31,000 shares | 5,70,000 shares |
| RII | 17,31,000 shares | 5,70,000 shares |
| Total | 34,62,000 shares | 11,40,000 shares |
Bids Received (Subscription)
Fidel Softech IPO subscribed 102.89x in total, whereas Scarnose International IPO subscribed 2.22x.
