
Sodhani Academy of Fintech Enablers Limited
Sodhani Academy of Fintech Enablers Limited(SAFE)
Total Shares
15,30,000
Issue Size
₹6.12 Cr
Price Band
₹40 – ₹40
Lot Size
3000 shares
Min. Investment
₹1,20,000
Max. Investment
₹1,20,000
Open Date
12 Sep, 2024
Close Date
17 Sep, 2024
Allotment
18 Sep, 2024
Listing
20 Sep, 2024
Max. Investment
₹1,20,000
Announced
12 Sep, 2024
Opening Date
12 Sep, 2024
Closing Date
17 Sep, 2024
Basis of Allotment
18 Sep, 2024
Initiation of Refunds
19 Sep, 2024
Credit of Shares
19 Sep, 2024
Listing Date
20 Sep, 2024
Live GMP
Est. Listing: ₹50
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About Sodhani Academy of Fintech Enablers Limited IPO
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, a
Sodhani Academy of Fintech Enablers Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 20.5% increase in shares
Sodhani Academy of Fintech Enablers Limited IPO Financials Health
Sodhani Academy of Fintech Enablers Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹1,20,000 |
| Retail Maximum | 1 | 3000 | ₹1,20,000 |
| HNI Minimum | 2 | 6000 | ₹2,40,000 |
(All values in CR)
Sodhani Academy of Fintech Enablers Limited IPO Valuation
| Metric | Value |
|---|---|
| EPS Post IPO | 2.27 |
| EPS Pre IPO | 2.93 |
| P/E Post IPO | 17.59 |
| P/E Pre IPO | 13.64 |
(All values in CR)
Strength & Risk of Sodhani Academy of Fintech Enablers Limited IPO
1. Proven track record of our trainers.
2. Brand Image.
3. Technology driven, Asset light and Scalable business model.
4. Focus on Practice and learning.
5. Diversified course offerings.
6. Pandemic Proof Model.
1. A significant portion of the company operating revenue is derived from the business of learning, training and consultancy activities. Failure to attract potential learners in the courses due to factors, including but not limited to an unsatisfactory success ratio, may adversely affect its revenues, business, results of operations and prospects.
2. The company ability to attract new learners is dependent upon various factors including the company reputation and its ability to maintain a high level of service quality.
3. The company training courses offered by it depends substantially on the trainers and its ability to attract and retain them. Sudden decrease in the number of the trainers due to attrition may affect the company operations and business.
4. The learning and training sector in which its operate is not specifically regulated. The central and state governments may change the existing regulations or introduce a new regulatory framework in the future. The impact of such changes or new regulations on the business cannot be ascertained presently and may affect the company business adversely in the future.
5. The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.
6. One of the promoter group members is associated with a Company that had instance of non-compliance on exchange where it is listed and also case is pending against the Company in NCLT.
7. The Registered Office from where its are currently operating has been taken on lease from the promoter. In the event of termination or non-renewal of the leases, the company business and revenues may be adversely affected.
8. There are certain discrepancies/errors noticed in few of the corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act,1956 and 2013. Any penalty or action taken by any regulatory authorizes in future, for non-compliance with provisions of corporate or any other law could impact the financial position of the Company to that extent.
9. In the past the company total revenues had a substantial contribution from other income.
10. In the past the company nature of income from learning, training and consultancy services has been in varying proportions and also its had not maintained structured MIS of the deliveries.
Sodhani Academy of Fintech Enablers Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| HNI | 511.45 | 7,26,000 | 37,13,13,000 | 1 |
| Market Maker | 1.00 | 78,000 | 78,000 | 0.31 |
| Retail | 358.47 | 7,26,000 | 26,02,50,000 | 1 |
| Total | 434.96 | 14,52,000 | 63,15,63,000 | 2 |
Sodhani Academy of Fintech Enablers Limited IPO GMP
Last updated 12 Sep, 2024 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 12 Sep, 2024 | 40 | ₹10 | 22800 | ₹50 (25.00%) | - | 12 Sep, 2024 |
| 13 Sep, 2024 | 40 | ₹10 | 22800 | ₹50 (25.00%) | - | 13 Sep, 2024 |
| 14 Sep, 2024 | 40 | ₹10 | 22800 | ₹50 (25.00%) | - | 14 Sep, 2024 |
| 15 Sep, 2024 | 40 | ₹10▼ | 22800 | ₹50 (25.00%) | - | 15 Sep, 2024 |
| 16 Sep, 2024 | 40 | ₹15 | 34200 | ₹55 (37.50%) | - | 16 Sep, 2024 |
| 17 Sep, 2024 | 40 | ₹15 | 34200 | ₹55 (37.50%) | - | 17 Sep, 2024 |
| 18 Sep, 2024 | 40 | ₹15 | 34200 | ₹55 (37.50%) | - | 18 Sep, 2024 |
| 19 Sep, 2024 | 40 | ₹15▲ | 34200 | ₹55 (37.50%) | - | 19 Sep, 2024 |
| 20 Sep, 2024 | 40 | ₹12 | 27400 | ₹52 (30.00%) | - | 20 Sep, 2024 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Sodhani Academy of Fintech Enablers Limited IPO
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Find Sodhani Academy of Fintech Enablers Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Your funds will be blocked in your account until the IPO allotment process is completed.
FAQs About Sodhani Academy Of Fintech Enablers Limited Ipo
Sodhani Academy of Fintech Enablers Limited IPO will open on 12 Sep, 2024 and close on 17 Sep, 2024. Investors must apply within this period to participate.
The Sodhani Academy of Fintech Enablers Limited IPO price band is set between ₹40.00 and ₹40.00 per share. The minimum lot size is 3000, requiring an investment of at least ₹120000.00.
The Sodhani Academy of Fintech Enablers Limited IPO shares are expected to be listed on 20 Sep, 2024, subject to regulatory approvals and final allotment.
You can track your Sodhani Academy of Fintech Enablers Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Sodhani Academy of Fintech Enablers Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.