Fidel Softech Limited IPO
i. Fidel Technologies KK (since 2001) is a Tokyo based LangTech Consulting firm & offers Technology – Localization – Bilingual Staffing services & solutions to global as well as SME Japanese clients. For Japan market entry, or IT services (software dev, product dev & implementation, infrastructure support), Localization Services & or Manpower requirements.
ii. Fidel Softech Limited is a LangTech Consulting firm offering technology services with local language UI/ UX. The services offered by the Company include IT services including Software development, Infrastructure & Cloud support, Localization including translation, interpretation, software localization & multilingual data creation, and Consulting & Staffing services including training.
iii. They are a LangTech Consulting firm helping their clients with either Technology-Languages- People. The company help its customers to deliver their solutions /products /services to the end-users in their local languages by leveraging technology, localization solutions, and Consulting. Our Company offers Software development & Cloud infrastructure support services, localisation services; such as Translation, Interpretation, Content creation, Multi lingual data creation, transcription & Annotation for training AI engines, Video subtitling and other video audio services, Data engineering, testing, scripting & tooling services and Consulting & Staffing services.
iv. Company’s customer base is spread across the globe with 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 United States of America.
v. Company’s sales through exports contributed 86.09%, 86.89% and 82.40% respectively from the revenue from operation for the year ended March 31, 2022, 2021 and 2020 respectively. Currently, they have 165 employee base in its Company at various levels and it intend to increase the same so that they are able to take up more projects and thereby increase its revenue from operations and achieve growth in the industry.
vi. 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.
Objects of the Fidel Softech Limited IPO:
Fidel Softech Limited IPO Details:
|Open Date:||May 30 2022|
|Close Date:||Jun 02 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Size:||13.4976 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 37 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Jun 10 2022|
Promoters And Management:
Financials of Fidel Softech Limited IPO:
|Particulars (in Lakh)||Mar-22||Mar-21||Mar-20|
|Cost of Serivce||717||753||771|
|Employee Benefits Expense||1,166||1,195||848|
|Profit before tax||629||459||431|
|Total Tax Exps||173||114||116|
|EPS in Rs||4.52||3.42||3.12|