SME · BSESubscribed: 434.96×GMP ₹12
Sodhani Academy of Fintech Enablers Limited

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

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

Total Issue15,30,000 shares₹6.12 Cr
Fresh Issue9,70,000 shares₹3.88 Cr
Offer for Sale5,60,000 shares₹2.24 Cr

Shareholding

Pre-Issue47,25,000
Post-Issue56,95,000

Dilution: 20.5% increase in shares

Sodhani Academy of Fintech Enablers Limited IPO Financials Health

Sodhani Academy of Fintech Enablers Limited IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum130001,20,000
Retail Maximum130001,20,000
HNI Minimum260002,40,000

(All values in CR)

Sodhani Academy of Fintech Enablers Limited IPO Valuation

MetricValue
EPS Post IPO2.27
EPS Pre IPO2.93
P/E Post IPO17.59
P/E Pre IPO13.64

(All values in CR)

Strength & Risk of Sodhani Academy of Fintech Enablers Limited IPO

+Strengths

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.

!Risks

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 CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
HNI511.457,26,00037,13,13,0001
Market Maker1.0078,00078,0000.31
Retail358.477,26,00026,02,50,0001
Total434.9614,52,00063,15,63,0002

Sodhani Academy of Fintech Enablers Limited IPO GMP

+10+25.0%

Last updated 12 Sep, 2024 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
12 Sep, 202440₹1022800₹50 (25.00%)-12 Sep, 2024
13 Sep, 202440₹1022800₹50 (25.00%)-13 Sep, 2024
14 Sep, 202440₹1022800₹50 (25.00%)-14 Sep, 2024
15 Sep, 202440₹1022800₹50 (25.00%)-15 Sep, 2024
16 Sep, 202440₹1534200₹55 (37.50%)-16 Sep, 2024
17 Sep, 202440₹1534200₹55 (37.50%)-17 Sep, 2024
18 Sep, 202440₹1534200₹55 (37.50%)-18 Sep, 2024
19 Sep, 202440₹1534200₹55 (37.50%)-19 Sep, 2024
20 Sep, 202440₹1227400₹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

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

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).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

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.