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Sodhani Academy of Fintech Enablers Ltd

Sodhani Academy of Fintech Enablers Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹40
₹40
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹40
Based on GMP
Min. Investment
₹120,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
12 Sep 2024
Close Date
17 Sep 2024
Allotment
18 Sep 2024
Listing Date
23 Sep 2024
Exchange
BSE SME
Price Band
₹40
Listing Price
See chart
Allotment Status
Price Band
₹40
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
15,30,000 shares (aggregating up to ₹6.12 Cr)
Total offering
Issue Type
Book Built Issue
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
47,25,000 shares
Promoters
Post-IPO Holding
56,95,000 shares
Promoters
P/E (Pre)
10.32x
 
P/E (Post)
12.44x
 
EPS (Pre)
₹3.88
 
EPS (Post)
₹3.22
 
UPI Deadline
2024-09-17
Mandate
Anchor AllotmentWed, 11 Sep 2024
Basis of AllotmentWed, 18 Sep 2024
Refund InitiationThu, 19 Sep 2024
Demat CreditThu, 19 Sep 2024
Listing DayMon, 23 Sep 2024
UPI Mandate Deadline2024-09-17
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public14,52,000 shares (aggregating up to ₹5.81 Cr)
Market Maker Quota78,000 shares (aggregating up to ₹0.3120 Cr)
Fresh Issue Shares8,92,000 shares (aggregating up to ₹3.57 Cr)
Offer for Sale5,60,000 shares of ₹10 (aggregating up to ₹2.24 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sodhani Academy of Fintech Enablers Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 17 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
78,000
₹0.31
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,530,000
100% ₹6.12
IPO Shares Offered
Sodhani Academy of Fintech Enablers Ltd IPO total issue size: ₹6.12 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 78,000 ₹0.31
5.10%
Total 1,530,000 ₹6.12
100.00%
* Based on upper price band ₹40 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹40.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹240,000
Retail (Max — 13 Lots)1339,000₹1,560,000
S-HNI (Min — 14 Lots)1442,000₹1,680,000
B-HNI (Min — 68 Lots)68204,000₹8,160,000
* Issue Price ₹40 × Lot Size 3,000 shares
IPO Schedule
Anchor
11 Sep 2024
✓ Done
IPO Open
12 Sep 2024
✓ Done
IPO Close
17 Sep 2024
✓ Done
Allotment
18 Sep 2024
✓ Done
Refunds
19 Sep 2024
✓ Done
Demat Credit
19 Sep 2024
✓ Done
Listing Day
23 Sep 2024
✓ Done
Sodhani Academy of Fintech Enablers Ltd — Live Price LIVE
₹40.00
INR · BSE
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Issue ₹40.00 Live Price
About Sodhani Academy of Fintech Enablers Ltd
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.Competitive Strengths:Proven track record of trainers: Thecompnya's trainers have a proven track record in financial education and financial literacy, making them highly effective.Brand image: The company has a recognized name and reputation for quality in its field of operation and has considerable experience and a credible track record in financial education.Technology-driven, asset-neutral, and scalable business model: The company uses state-of-the-art technology to deliver its courses, allowing learners to use up-to-date course content and learn at their own pace.Focus on practice and learning: The company relies on the practice-oriented teaching method to provide course participants with knowledge that helps them achieve appropriate and sustainable financial freedom.Diverse course offering: The company offers a wide range of financial education solutions through its courses, including short-term courses, long-term courses, expert courses, continuing education and retraining courses.Pandemic-tested model: The COVID-19 pandemic has led to unique global and industry-wide challenges, including challenges to the offline learning business model and the transition of the offline learning business model to an online model.As of December 30, 2023, the company employed 12 full-time employees and 2 professional trainers under the professional employment model.
Objects of the Issue
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; and
6
General Corporate Purpose.
Sodhani Academy of Fintech Enablers Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹188.2
31 Mar 2022
₹203.5
31 Mar 2023
₹307.0
31 Mar 2024
Profit After Tax (PAT)
₹123.9
31 Mar 2022
₹138.6
31 Mar 2023
₹183.2
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 306.95 203.45 188.19
EBITDA N/A N/A N/A
Profit After Tax (PAT) 183.17 138.60 123.91
Net Worth 656.22 476.85 338.25
Total Assets 660.04 501.57 363.20
Reserves & Surplus 183.72 341.85 311.25
Borrowings N/A 2.65 4.10
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
27.91%
RoCE
36.77%
RoNW
27.91%
Issue Structure & Shareholding
Total Shares Offered15,30,000 (100.00%)
Net Offer to Public14,52,000 shares (aggregating up to ₹5.81 Cr)
Reserved for Market Maker78,000 shares (aggregating up to ₹0.3120 Cr)
Pre-Issue Promoter Holding47,25,000 shares
Post-Issue Promoter Holding56,95,000 shares
P/BV RatioN/A
RoE27.91%
RoCE36.77%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Srujan Alpha Capital Advisors LLP
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sodhani Academy of Fintech Enablers Ltd IPO subscribed?

Sodhani Academy of Fintech Enablers Ltd IPO is subscribed 1.00 times by Sep 17, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sodhani Academy of Fintech Enablers Ltd IPO retail subscription status?

The Sodhani Academy of Fintech Enablers Ltd IPO retail category is subscribed 1.00 times as of 17 Sep 2024. The retail portion is oversubscribed.

How to subscribe Sodhani Academy of Fintech Enablers Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 12 Sep 2024 and closes 17 Sep 2024. Min investment: ₹120,000 (1 lot = 3,000 shares). UPI mandate: 2024-09-17.

How many times Sodhani Academy of Fintech Enablers Ltd IPO subscribed?

The Sodhani Academy of Fintech Enablers Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sodhani Academy of Fintech Enablers Ltd IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 18 Sep 2024. Refunds: on 19 Sep 2024.

When Sodhani Academy of Fintech Enablers Ltd IPO will be listed?

The Sodhani Academy of Fintech Enablers Ltd IPO listing date is 23 Sep 2024, Monday. Listed on: BSE SME. Issue price: ₹40. Estimated listing: ₹40. GMP: NIL.

When Sodhani Academy of Fintech Enablers Ltd IPO close?

The Sodhani Academy of Fintech Enablers Ltd IPO closes on 17 Sep 2024, Tuesday. UPI mandate: 2024-09-17. Allotment: 18 Sep 2024. Listing: 23 Sep 2024.