Sodhani Academy IPO description – Sodhani Academy of Fintech Enablers specializes in providing training, consultancy, and educational services. The company’s core focus is on financial literacy and awareness, which involves equipping individuals with the knowledge and skills needed to make informed and responsible financial decisions. This includes understanding key financial concepts, managing money efficiently, budgeting wisely, saving and investing smartly, and gaining insight into basic financial products and services.
The company’s training, consultancy, and learning services primarily focus on key areas such as financial planning, fundamental analysis, technical analysis, stock market basics, and retirement planning. The organization’s learners encompass a diverse group, including students (both those currently in training and qualified applicants), recent graduates (collectively referred to as students), unemployed individuals, and homemakers (collectively referred to as learners). They engage in financial education and literacy programs through courses, seminars, events, and educational materials.
As of September 2024, the company employed 9 full-time staff members and 7 professional trainers under the professional employment model.
Promoters of Sodhani Academy of Fintech Enablers – Mr. Rajesh Kumar Sodhani, Mrs. Priya Sodhani, and Rajesh Kumar Sodhani HUF
Table of Contents
Sodhani Academy IPO Details
| Sodhani Academy IPO Dates | 12 – 17 September 2024 |
| Sodhani Academy Issue Price | INR 40 per share |
| Fresh issue | 9,70,000 shares (INR 3.88 crore) |
| Offer For Sale | 5,60,000 shares (INR 2.24 crore) |
| Total IPO size | 15,30,000 shares (INR 6.12 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 1,20,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Sodhani Academy Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 185.89 | 137.58 | 205.08 |
| Expenses | 14.80 | 28.01 | 65.68 |
| Net income | 123.91 | 138.60 | 183.17 |
Sodhani Academy Offer News
- Sodhani Academy RHP
- Sodhani Academy Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Sodhani Academy Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 10.42 | 2.95 | 3.88 |
| PE ratio | – | – | 10.31 |
| RONW (%) | 36.63 | 29.23 | 27.91 |
| NAV | 28.45 | 10.09 | 13.89 |
| ROCE (%) | 51.27 | 36.79 | 36.77 |
| EBITDA (%) | 93.29 | 127.52 | 117.65 |
| Debt/Equity | 0.01 | 0.01 | – |
Sodhani Academy IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 19 September 2024 | 15 | – | 34,000 |
| 18 September 2024 | 15 | – | 34,000 |
| 17 September 2024 | 12 | – | 20,000 |
| 16 September 2024 | 12 | – | 18,500 |
| 14 September 2024 | 12 | – | 18,000 |
Sodhani Academy IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 7,26,000 | 7,26,000 | 14,52,000 |
| 17 Sep 2024 | 519.07 | 358.47 | 438.77 |
| 16 Sep 2024 | 18.81 | 79.47 | 49.14 |
| 13 Sep 2024 | 3.58 | 16.32 | 9.95 |
| 12 Sep 2024 | 1.13 | 3.10 | 2.11 |
The market maker reservation portion of 78,000 shares is not included in the above calculations.
Sodhani Academy IPO Allotment Status
Sodhani Academy IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Sodhani Academy IPO Dates & Listing Performance
| IPO Opening Date | 12 September 2024 |
| IPO Closing Date | 17 September 2024 |
| Finalization of Basis of Allotment | 18 September 2024 |
| Initiation of refunds | 19 September 2024 |
| Transfer of shares to demat accounts | 19 September 2024 |
| IPO Listing Date | 23 September 2024 |
| Opening Price on BSE SME | NR 53 per share (up 32.50%) |
| Closing Price on BSE SME | NR 55.65 per share (up 39.13%) |
Sodhani Academy Offer Lead Manager
SRUJAN ALPHA CAPITAL ADVISORS LLP
824 & 825, Corporate Avenue
Sonawala Road , Goregaon (E)
Mumbai – 400063
Phone: +91 2246030709
E-mail: [email protected]
Website: www.srujanalpha.com
Sodhani Academy Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700/ 2846 0390
Email: [email protected]
Website: www.cameoindia.com
Sodhani Academy Issue Contact Details
SODHANI ACADEMY OF FINTECH ENABLERS LIMITED
P No. C 373, First Floor, C Block Vaishali Nagar,
Jaipur-302021, Rajasthan, India
Phone: 0141- 2358107
E-mail: [email protected]
Website: www.safefintech.in
IPO FAQs
What is the Sodhani Academy of
Fintech Enablers IPO size?
Sodhani Academy’s offer size is INR 6.12 crores.
What is Sodhani Academy IPO price band?
Sodhani Academy public offer price is INR 40 per share.
What is the lot size of Sodhani Academy of
Fintech Enablers IPO?
Sodhani Academy offer lot size is 3,000 shares.
What is Sodhani Academy IPO GMP today?
Sodhani Academy IPO GMP today is INR 15 per share.
What is Sodhani Academy kostak rate today?
Sodhani Academy kostak rate today is INR NA per application.
What is Sodhani Academy Subject to Sauda rate today?
Sodhani Academy is Subject to Sauda rate today is INR 34,000 per application.
