Sodhani Academy IPO Date, Review, Price, Allotment Details

Sodhani Academy of Fintech Enablers IPO open date is September 12, 2024 and the IPO will close on September 17, 2024. Sodhani Academy of Fintech Enablers IPO is a Fixed Price Issue. The company to raise around ₹6.12 crores via IPO that comprises fresh issue of ₹3.88 crores and offer for sale up to 560,000 equity shares with face value of ₹10 each.

Sodhani Academy of Fintech Enablers IPO price band is ₹40 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Sodhani Academy of Fintech Enablers IPO to list on BSE on September 20, 2024. The allotment of Sodhani Academy of Fintech Enablers IPO date is September 18, 2024.

The company reported revenue of ₹3.07 crores in 2024 against ₹2.03 crore in 2023. The company reported profit of ₹1.83 crores in 2024 against profit of ₹1.39 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Sodhani Academy of Fintech Enablers IPO

Table of Contents


Sodhani Academy of Fintech Enablers IPO Details

IPO Open Date:September 12, 2024
IPO Close Date:September 17, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹40 Per Share
Issue Size:Approx ₹6.12 Crores
Fresh Issue:Approx ₹3.88 Crores
Offer for Sale:Approx 560,000 Equity Shares
Issue Type:Fixed Price Issue
IPO Listing:BSE SME
Retail Quota:Not more than 50%
QIB Quota:Not more than 00%
NII Quota:Not more than 50%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Sodhani Academy of Fintech Enablers IPO IPO Market Lot

The Sodhani Academy of Fintech Enablers IPO minimum market lot is 3000 shares with ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹120,000
Retail Maximum13000₹120,000
HNI Minimum26000₹240,000

Sodhani Academy IPO Dates

The Sodhani Academy of Fintech Enablers IPO date is September 12 and the close date is September 17. The Sodhani Academy of Fintech Enablers IPO allotment will be finalized on September 18 and the IPO listing on September 20.

IPO Open Date:September 12, 2024
IPO Close Date:September 17, 2024
Basis of Allotment:September 18, 2024
Refunds:September 19, 2024
Credit to Demat Account:September 19, 2024
IPO Listing Date:September 20, 2024

Promoters of Sodhani Academy IPO

The promoters of the company are Mr. Rajesh Kumar Sodhani, Mrs. Priya Sodhani and Rajesh Kumar Sodhani HUF.

About Sodhani Academy of Fintech Enablers IPO

Sodhani Academy of Fintech Enablers provides training, consultancy, and learning services under the domain of financial literacy and awareness. They offer their services to participants like students, graduates, and individuals through their courses, seminars, sessions, and material in the area of financial literacy and awareness. The company has courses for beginner, intermediate, and pro level for all learners. The company has a registered office in Rajasthan, where its existing studio and training center are.

Sodhani Academy IPO Company Financial Report

The company reported revenue of ₹3.07 crores in 2024 against ₹2.03 crore in 2023. The company reported profit of ₹1.83 crores in 2024 against profit of ₹1.39 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹1.88₹0.15₹1.24₹3.63
2023₹2.03₹0.28₹1.39₹5.02
2024₹3.07₹0.66₹1.83₹6.60

Sodhani Academy of Fintech Enablers IPO Valuation – FY2024

Check Sodhani Academy of Fintech Enablers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:0.28%
ROCE:36.77%
EBITDA Margin:117.65%
PAT Margin:89.32%
Debt to equity ratio:NA
Earning Per Share (EPS):₹3.88 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):27.91%
Net Asset Value (NAV):₹13.89

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
NANANANANA– Cr.
NANANANANA– Cr.

Objects of the Issue

  • 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; and
  • General Corporate Purpose.

Sodhani Academy IPO Review

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Sodhani Academy of Fintech Enablers IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email:
Website: https://ipo.cameoindia.com/

IPO Lead Managers aka Merchant Bankers

  • Srujan Alpha Capital Advisors Llp

Company Address

Sodhani Academy of Fintech Enablers Limited
P No. C 373, First Floor,
C Block Vaishali Nagar,
Jaipur – 302021
Phone: 0141- 2358107
Email: [email protected]
Website: http://www.safefintech.in/

Sodhani Academy of Fintech Enablers IPO FAQs

What is Sodhani Academy of Fintech Enablers IPO?

Sodhani Academy of Fintech Enablers IPO is a SME IPO. The company is going to raise ₹6.12 Crores via IPO. The issue is priced at ₹40 pr equity share. The IPO is to be listed on BSE SME.

When Sodhani Academy of Fintech Enablers IPO will open for subscription?

The IPO is to open on September 12 , 2024 for QIB, NII, and Retail Investors. The IPO will close on September 17, 2024.

What is Sodhani Academy of Fintech Enablers IPO Investors Portion?

The investors’ portion for QIB is 00%, NII is 50%, and Retail is 50%.

How to Apply the Sodhani Academy of Fintech Enablers IPO?

You can apply for Sodhani Academy of Fintech Enablers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Sodhani Academy of Fintech Enablers IPO Issue Size?

Sodhani Academy of Fintech Enablers IPO issue size is ₹6.12 crores.

What is Sodhani Academy of Fintech Enablers IPO Price Band?

Sodhani Academy of Fintech Enablers IPO Price Band is ₹40.

What is Sodhani Academy of Fintech Enablers IPO Lot Size?

The minimum bid is 3000 Shares with ₹120,000 amount.

What is the Sodhani Academy of Fintech Enablers IPO Allotment Date?

Sodhani Academy of Fintech Enablers IPO allotment date is September 18, 2024.

What is the Sodhani Academy of Fintech Enablers IPO Listing Date?

Sodhani Academy of Fintech Enablers IPO listing date is September 20, 2024. The IPO is to list on BSE SME.

Note: The Sodhani Academy of Fintech Enablers IPO price band and date are officially announced. The (Sodhani Academy of Fintech Enablers IPO grey market premium) will be added to the IPO GMP page as it will start).
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