Sodhani Academy of Fintech Enablers Limited IPO

BSE SME

Listed On: Sep 20, 2024 at ₹ 53.0

₹ 120000 /3000 Shares

Check Allotment

Sodhani Academy of Fintech Enablers IPO Details

12 Sep, 2024

Open Date

17 Sep, 2024

Close Date

18 Sep, 2024

Allotment Date

20 Sep, 2024

Listing Date

Issue Price

₹40 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

List Price

53.0

Listing Date

2024-09-20

Market Lot

3000 Shares (₹120,000/-)

Lead Manager

Srujan Alpha Capital Advisors Llp

Issue Size

1,530,000 shares(aggregating up to ₹6.12 Cr)

Retail Portion

50%

Subscription

438.77 times

IPO Docs

DRHP

The IPO of Sodhani Academy of Fintech Enablers is priced at ₹40 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Cameo Corporate Services Limited is the registrar of the issue.

Sodhani Academy of Fintech Enablers IPO bid opening date is from Sep 12, 2024 and the bid closing date was Sep 17, 2024.
Sodhani Academy of Fintech Enablers IPO allotment result will be available on Sep 18, 2024. The tentative listing date for Sodhani Academy of Fintech Enablers is Sep 20, 2024.

The total issue size is 1,530,000 shares(aggregating up to ₹6.12 Cr).

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

Total No. of Applications: 139,460 (Approx)

Sodhani Academy of Fintech Enablers Valuations

EPS Pre IPO

₹2.93/-

EPS Post IPO

₹2.27/-

P/E Pre IPO

13.64

P/E Post IPO

17.59

ROE

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%

Company Promoter(s)

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

Company Contact Details

Sodhani Academy of Fintech Enablers

P No. C 373, First Floor, C Block Vaishali Nagar, Jaipur - 302021

Phone: 0141- 2358107

Email: safe.fintech3105@gmail.com

Website: http://www.safefintech.in/

Registrar Contact Details

Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: investor@cameoindia.com

Website: https://ipo.cameoindia.com/

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.