Sodhani Academy of Fintech Enablers Limited 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.
As of December 30, 2023, the company employed 12 full-time employees and 2 professional trainers under the professional employment model.
Sodhani Academy of Fintech Enablers IPO – Details
| IPO Opening Date | 12 September 2024 |
| IPO Closing Date | 17 September 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 15,30,000 Shares Worth ₹6.12 Crore Fresh Issue: 9,70,000 Shares Worth ₹3.88 Crore Offer For Sale: 5,60,000 Shares Worth ₹2.24 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹40 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Cameo Corporate Services Limited |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Sodhani Academy of Fintech Enablers IPO – Date Schedule
| IPO Open Date | 12 September 2024 |
| IPO Close Date | 17 September 2024 |
| Basis of Allotment | 18 September 2024 |
| Initiation of Refund | 19 September 2024 |
| Credit of Shares to Demat Account | 19 September 2024 |
| IPO Listing Date | 20 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 17, 2024 |
Sodhani Academy of Fintech Enablers IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,20,000 |
| Retail (Max) | 1 | 3000 | ₹1,20,000 |
| HNI (Min) | 2 | 6000 | ₹2,40,000 |
Competitive Strengths
- Proven track record of the trainers;
- Brand Image;
- Technology driven, Asset light and Scalable business model;
- Focus on Practice and learning;
- Diversified course offerings;
- Pandemic Proof Model.
Company Promoters
- Mr. Rajesh Kumar Sodhani
- Mrs. Priya Sodhani
- Rajesh Kumar Sodhani HUF
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 0.25 | – | 0.03 | – |
| 31 March 2022 | 1.88 | 0.14 | 1.23 | 0.04 |
| 31 March 2023 | 2.03 | 0.28 | 1.38 | 0.02 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | – |
| ROCE | – |
| Debt/Equity | – |
| RoNW | – |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.93 | 2.27 |
| P/E (x) | 13.64 | 17.59 |
Object 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 of Fintech Enablers IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | – |
Sodhani Academy of Fintech Enablers IPO Prospectus
- Sodhani Academy of Fintech Enablers IPO DRHP
- Sodhani Academy of Fintech Enablers IPO RHP
Company Contact Information
| Sodhani Academy of Fintech Enablers Limited P No. C 373, First Floor, C Block Vaishali Nagar, Jaipur – 302021 Phone: 0141- 2358107 Email: safe.fintech3105@gmail.com Website: http://www.safefintech.in/ |
Sodhani Academy of Fintech Enablers IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: Website: https://ipo.cameoindia.com/ |
Sodhani Academy of Fintech Enablers IPO Lead Manager(s)
| 1. Srujan Alpha Capital Advisors LLP |
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 issue is priced at ₹40 per equity share. The IPO is to be listed on BSE SME. |
| When Sodhani Academy of Fintech Enablers IPO will open? The IPO is to open on 12 September 2024 for NII and Retail Investors. |
| What is Sodhani Academy of Fintech Enablers IPO Investors Portion? The investors’ portion for Retail – 50% and NII – 50%. |
| How to Apply the Sodhani Academy of Fintech Enablers IPO? You can apply 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. |
| How to Apply the Sodhani Academy of Fintech Enablers IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Sodhani Academy of Fintech Enablers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Sodhani Academy of Fintech Enablers IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Sodhani Academy of Fintech Enablers IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Sodhani Academy of Fintech Enablers IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sodhani Academy of Fintech Enablers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Sodhani Academy of Fintech Enablers IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Sodhani Academy of Fintech Enablers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Sodhani Academy of Fintech Enablers IPO Size? Sodhani Academy of Fintech Enablers IPO size is ₹6.12 Crore. |
| 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 Minimum and Maximum Lot Size for Retail? The minimum bid is 3000 Shares with ₹1,20,000 amount while the maximum bid is 3000 Shares with ₹1,20,000. |
| What is the Sodhani Academy of Fintech Enablers IPO Allotment Date? Sodhani Academy of Fintech Enablers IPO allotment date is 18 September 2024. |
| What is the Sodhani Academy of Fintech Enablers IPO Listing Date? Sodhani Academy of Fintech Enablers IPO listing date is 20 September 2024. The IPO is to be listed on BSE SME. |
