Sodhani Academy of Fintech Enablers Limited IPO
BSE SMEListed On: Sep 20, 2024 at ₹ 53.0
₹ 120000 /3000 Shares
Check Allotment12 Sep, 2024
Open Date17 Sep, 2024
Close Date18 Sep, 2024
Allotment Date20 Sep, 2024
Listing DateIssue Price
₹40 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedList Price
53.0Listing Date
2024-09-20Market Lot
3000 Shares (₹120,000/-)Lead Manager
Srujan Alpha Capital Advisors LlpIssue Size
1,530,000 shares(aggregating up to ₹6.12 Cr)Retail Portion
50%Subscription
438.77 timesIPO Docs
DRHPSodhani Academy of Fintech Enablers IPO Details
Sodhani Academy of Fintech Enablers Limited IPO is an SME IPO, priced at ₹40 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 15,30,000 equity shares, aggregating up to ₹6.12 crores..
The IPO bidding window is open from Sep 12, 2024 to Sep 17, 2024. The allotment is expected to be finalized on Sep 18, 2024, and the tentative listing date is Sep 20, 2024.
The minimum lot size for retail investors is 3000 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Srujan Alpha Capital Advisors Llp is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Limited, and Prabhat Financial Services Ltd. will act as the market maker for this issue.
Sodhani Academy of Fintech Enablers IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 726,000 | 726,000 | 1,452,000 |
| Day 1 - 12-09-24 06:00 PM | 1.13 x | 3.10 x | 2.11 x |
| Day 2 - 13-09-24 06:00 PM | 3.48 x | 16.32 x | 9.90 x |
| Day 3 - 16-09-24 06:00 PM | 18.70 x | 79.22 x | 48.96 x |
| Day 4 - 17-09-24 06:00 PM | 511.45 x | 358.47 x | 438.77 x |
Sodhani Academy of Fintech Enablers Valuations
EPS Pre IPO
₹2.93/-EPS Post IPO
₹2.27/-P/E Pre IPO
13.64P/E Post IPO
17.59ROE
27.91%ROCE
36.77%RoNW
27.91%Sodhani Academy of Fintech Enablers Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 660.04 | 501.57 | 363.2 |
| Revenue | 306.95 | 203.45 | 188.19 |
| Profit After Tax | 183.17 | 138.6 | 123.91 |
| Net Worth | 656.22 | 476.85 | 338.25 |
| Reserves & Surplus | 183.72 | 341.85 | 311.25 |
About The Company
Founded in 2009, Sodhani Academy of Fintech Enablers Limited is into providing financial training, consulting and learning services.
The primary focus of the company is the domain of financial education and awareness, which is the knowledge and understanding of a range of financial concepts and skills that help learners make informed and responsible decisions in financial matters. This includes effective money management, wise budgeting, saving and prudence in investments, and understanding basic financial products and services.
These comprise various categories of participants: students, who can be further subdivided into both those undergoing active training and qualified applicants, recent graduates commonly referred to as students; people not working, and homemakers commonly referred to as learners, through financial education and financial literacy courses, seminars, events, and materials.
On 30 December, 2023, the corporation had 12 full-time staff members and 2 professional coaches working under professional employment.
Sodhani Academy of Fintech Enablers - Promoter(s)
Pre Issue Share Holding: 99.99%
Post Issue Share Holding: 73.12%
- Mr. Rajesh Kumar Sodhani
- Mrs. Priya Sodhani
- Rajesh Kumar Sodhani HUF
Sodhani Academy of Fintech Enablers IPO - Issue Objectives
- Building content Studio and Offline training infrastructure
- Information Technology (Hardware including Software) Procurement
- Content Development for course material
- Enhancement of brand visibility and awareness
- Learning Management System (LMS) Application development
- General Corporate Purpose.
Other Details
Sodhani Academy of Fintech Enablers
P No. C 373, First Floor, C Block Vaishali Nagar, Jaipur - 302021Cameo Corporate Services Limited
Sodhani Academy of Fintech Enablers IPO - FAQs
Ans. Sodhani Academy of Fintech Enablers Limited IPO is a SME IPO. The issue is priced at ₹40 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 12, 2024, and closes on Sep 17, 2024. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Sodhani Academy of Fintech Enablers Limited IPO opens on Sep 12, 2024 and closes on Sep 17, 2024.
Ans. The size of Sodhani Academy of Fintech Enablers Limited IPO is 1,530,000 shares(aggregating up to ₹6.12 Cr).
Ans. The IPO price band is set between ₹40 per equity share.
Ans. To apply for Sodhani Academy of Fintech Enablers Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sodhani Academy of Fintech Enablers Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sodhani Academy of Fintech Enablers Limited IPO is Sep 18, 2024.
Ans. The Sodhani Academy of Fintech Enablers Limited IPO will be listed on Sep 20, 2024.
Ans. Follow the steps to check the allotment status for Sodhani Academy of Fintech Enablers Limited IPO here.
