Sodhani Academy of Fintech Enablers Limited IPO
BSE SMEListed On: Sep 20, 2024 at ₹ 53.0
₹ 240000 /6000 Shares
*Min Investment
12 Sep, 2024
Open Date17 Sep, 2024
Close Date18 Sep, 2024
Allotment Date20 Sep, 2024
Listing DateSodhani Academy of Fintech Enablers IPO Issue Details
- Issue Price ₹40 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 15,30,000 shares(aggregating up to ₹6.12 crore)
- Fresh Share 9,70,000 shares(aggregating up to ₹3.88 crore)
- Offer For Sale 5,60,000 shares(aggregating up to ₹2.24 crore)
- Listing at BSE SME
- List Price 53.0
- Listing Date 2024-09-20
- Lead Manager Srujan Alpha Capital Advisors Llp
- Registrar Cameo Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 3000 | ₹1,20,000 |
| Retail(max) | 1 | 3000 | ₹1,20,000 |
| NII (min) | 2 | 6000 | ₹2,40,000 |
Sodhani Academy of Fintech Enablers IPO Reservation
Sodhani Academy of Fintech Enablers IPO offers total 15,30,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,7,26,000 (47.45%) allocated to RII, NA (NA%) allocated to employees and - (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 78,000 (5.1%) | |
| Retail Shares Offered | 7,26,000 (47.45%) | |
| Total Shares Offered | 15,30,000 (100%) |
Sodhani Academy of Fintech Enablers IPO Documents
Sodhani 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 Analysis And 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
Sodhani Academy of Fintech Enablers Company Financials
| 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 Sodhani Academy of Fintech Enablers 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)
Mr. Rajesh Kumar Sodhani
Mrs. Priya Sodhani
Rajesh Kumar Sodhani HUF
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : 73.12%
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.
Contact Details
Sodhani Academy of Fintech Enablers
P No. C 373, First Floor, C Block Vaishali Nagar, Jaipur - 302021
0141- 2358107
Registrar Contact Details
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Sodhani Academy of Fintech Enablers Limited IPO is 1,530,000 shares(aggregating up to ₹6.12 Cr).
Ans. The Sodhani Academy of Fintech Enablers Limited IPO price band is set between ₹40 per equity share.
Ans. To apply for Sodhani Academy of Fintech Enablers Limited 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 Sodhani Academy of Fintech Enablers Limited IPO allotment status online.
