What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Fidel Softech Limited IPO allotment date?

The basis of allotment for Fidel Softech Limited IPO is scheduled to be finalized on 7 Jun 2022.

Where can I check Fidel Softech Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 8 Jun 2022.

IPO GreyPremiumLIVE

Grey Market Intelligence

Fidel Softech Limited

ListedSME

IT & Technology Services · NSE

Incorporated in 2003 and headquartered in Pune, Maharashtra, Fidel Softech Limited is a LangTech consulting company providing technology solutions with local language user interfaces and experiences. The company offers services including software development, infrastructure and cloud support, localization (translation, interpretation, software localization, and multilingual data creation), consulting, and staffing services. Its offerings also cover transcription, annotation for AI training, video subtitling, data engineering, testing, scripting, and tooling services. Fidel Softech serves a global customer base across countries such as Argentina, Belgium, China, Cyprus, Czech Republic, Dubai, Egypt, Germany, Hong Kong, Ireland, Italy, Japan, Saudi Arabia, Malaysia, Mauritius, Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Ukraine, UAE, UK, and the USA.

Price Band

₹37

Issue Size

₹13.50 Cr

Lot Size

3000 shares

GMP

—

Est. Listing

₹37

at current GMP

Subscribed

102.89x

overall

Open

30 May 2022

2 Jun 2022

Allotment

7 Jun 2022

Refund

8 Jun 2022

Demat Credit

9 Jun 2022

Listing

10 Jun 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Fidel Softech Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

7 Jun 2022

Basis finalization

Refunds Initiate

8 Jun 2022

Mandate release

Demat Credit

9 Jun 2022

Shares in demat

Listing Debut

10 Jun 2022

Trading begins

About Fidel Softech Limited Public Issue & Market Profile

Fidel Softech Limited is bringing an initial public offering (IPO) in the IT & Technology Services sector with an aggregate issue size of ₹13.5 Crores. The shares are offered at a price band of ₹37 to ₹37 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2022-06-02, the basis of allotment is scheduled to be finalized on 2022-06-07. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Fidel Softech Limited

Fidel Softech Limited Allotment Status

How to Check Fidel Softech Limited IPO Allotment Status

About Fidel Softech Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?