IPO

Sodhani Academy of Fintech Enablers Limited IPO

BSE SME Listing Tomorrow

Offer Date: Sep 12, 2024 - Sep 17, 2024

Exp. Premium: 14-15 (35%)

₹ 120000 /3000 Shares

Check Allotment

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Sodhani Academy of Fintech Enablers IPO Live Subscription Details

Date
:
17 Sep 2024,06:25:40 PM
NII
:
511.45
Retail
:
358.47x
Total
:
438.77 times

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

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

Sodhani Academy of Fintech Enablers IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved726,000726,0001,452,000
Day 1 - 12-09-24 06:00 PM1.13 x3.10 x2.11 x
Day 2 - 13-09-24 06:00 PM3.48 x16.32 x9.90 x
Day 3 - 16-09-24 06:00 PM18.70 x79.22 x48.96 x
Day 4 - 17-09-24 06:00 PM511.45 x358.47 x438.77 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

RoNW

%

Sodhani Academy of Fintech Enablers Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets501.57363.267.17
Revenue203.45188.1925.29
Profit After Tax138.6123.913.08

About The Company

Sodhani Academy of Fintech Enablers Limited was founded in 2009 and offers financial training, consulting and learning services.

The company mainly focuses on the area of financial education and awareness, which refers to the knowledge and understanding of various financial concepts and skills that enable learners to make informed and responsible decisions in financial matters. This includes the ability to manage money effectively, budget wisely, save and invest prudently, and understand basic financial products and services.

The organization's learners include various categories of participants such as students (both in active training and qualified applicants), recent graduates (collectively referred to as students), individuals who are not currently employed, and homemakers (collectively referred to as learners) through financial education and financial literacy courses, seminars, events, and materials.

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Sodhani Academy of Fintech Enablers - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %


Company Promoter(s)

  1. Mr. Rajesh Kumar Sodhani
  2. Mrs. Priya Sodhani
  3. Rajesh Kumar Sodhani HUF

Sodhani Academy of Fintech Enablers IPO - Issue Objectives

  1. Building content Studio and Offline training infrastructure
  2. Information Technology (Hardware including Software) Procurement
  3. Content Development for course material
  4. Enhancement of brand visibility and awareness
  5. Learning Management System (LMS) Application development
  6. General Corporate Purpose.

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.