Fidel Softech Limited IPO Detail

Fidel Softech Limited is a LangTech Consulting company that provides technological services with local language user interfaces and user experiences. Fidel Softech Limited was incorporated in 2003 and is located in Pune, Maharashtra.

Fidel Softech offers a wide range of services including Software development, Infrastructure & Cloud support, Localization including translation, interpretation, software localization & multilingual data creation and Consulting & Staffing services including training, Software development & Cloud infrastructure support services, localisation services; such as Translation, Interpretation, Content creation, Multilingual data creation, transcription & Annotation for training AI engines, Video subtitling and other video audio services, Data engineering, testing, scripting and tooling services.

Fidel Softech Limited’s customer base is spread across the globe with a presence in countries like Argentina, Belgium, China, Cyprus, Czech Republic, Dubai, Egypt, Germany, Hong Kong, Ireland, Italy, Japan, Kingdom of Saudi Arabia, Malaysia, Mauritius, Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Ukraine, United Arab Emirates, United Kingdom, and the United States of America.

Competitive Strengths

  • Offering technology services with local language UI/ UX.
  • Clients in both domestic and international markets.
  • Wide Service Portfolio.
  • Quality assurance.
  • Leveraging the experience of our promoters.

Company Financials:

ParticularsFor the year/period ended (Rs in Lakhs)
Total Assets2,010.361,758.141,005.53
Total Revenue2,686.782,620.612,280.41
Profit After Tax456.50345.01314.75

Objects of the Issue:

The Company proposes to utilise the Net Proceeds towards funding the following objects:

1. Funding working capital requirements.

2. General corporate purposes.

Fidel Softech IPO Details

Fidel Softech IPO DateMay 30, 2022 to Jun 2, 2022
Fidel Softech IPO Face Value₹10 per share
Fidel Softech IPO Price₹37 per share
Fidel Softech IPO Lot Size3000 Shares
Issue Size3,650,000 shares of ₹10
(aggregating up to ₹13.51 Cr)
Fresh Issue3,650,000 shares of ₹10
(aggregating up to ₹13.51 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Company PromotersSunil Sudhakar Kulkarni and Prachi Sunil Kulkarni are the company promoters.

Fidel Softech IPO Timeline (Tentative Timetable)

Fidel Softech IPO opens on May 30, 2022, and closes on Jun 2, 2022. The Fidel Softech IPO bid date is from May 30, 2022 10.00 A.M. to Jun 2, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Fidel Softech IPO Opening DateMay 30, 2022
Fidel Softech IPO Closing DateJun 2, 2022
Basis of AllotmentJun 7, 2022
Initiation of RefundsJun 8, 2022
Credit of Shares to DematJun 9, 2022
Fidel Softech IPO Listing DateJun 10, 2022

Fidel Softech IPO Lot Size

The Fidel Softech IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹111,000).


Fidel Softech IPO Promoter Holding

Pre Issue Share Holding98.98%
Post Issue Share Holding72.72%

Company Contact Information

Fidel Softech Limited
Unit No. 202, 2nd Floor, Marisoft 3,
West Wing, Marigold Software IT Park,
Vadgaon Sheri, Pune – 411 014
Phone: 020 – 4900 7878

Fidel Softech IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

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