Sodhani Academy of Fintech Enablers Limited
Fixed Price IPO · BSE
- Price band
- ₹40 - ₹40
- Lot size
- 3,000 shares
- Issue amount
- ₹6.12 cr
- Total subscription
- 434.96×
- Opens
- 12 Sept 2024
- Closes
- 17 Sept 2024
- Allotment
- 19 Sept 2024
- Listing
- 23 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 15,30,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹3.57 cr
- Offer for sale
- ₹2.24 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,20,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 47,25,000
- Shares after issue
- 56,95,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 6,000 | ₹2,40,000 |
| HNI | 3 | 9,000 | ₹3,60,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 2.9 | 1,041 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 3.88 | 2.95 | 10.42 |
| ROE | 0 | 0 | 0 |
| ROCE | 36.77 | 36.79 | 51.27 |
| RONW | 27.91 | 29.23 | 36.63 |
| PRE IPO(PE) | 10.32 | 0 | 0 |
| POST IPO(PE) | 12.44 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Sodhani Academy of Fintech Enablers Limited, established in 2009, focuses on financial education, training, and consulting for a diverse group of learners, including students, graduates, job seekers, and homemakers. The academy aims to enhance financial literacy, helping individuals make informed financial decisions through a variety of courses, from beginner to expert levels. With a strong emphasis on hands-on learning, it equips participants with practical skills to achieve financial independence. The company successfully transitioned from offline to online learning, demonstrating resilience during the COVID-19 pandemic. As of December 30, 2023, it had a team of 12 full-time employees and 2 professional trainers.
Strengths
- Experienced Trainers: Skilled professionals with a strong track record in financial education and literacy.
- Trusted Reputation: Well-known for providing high-quality financial education solutions.
- Tech-Driven & Scalable: Leverages advanced technology to offer flexible learning solutions with minimal physical resources, making it easy to grow and expand.
Risk factors
- Learner Attraction: The company’s success depends on bringing in new learners. If it struggles to do so, its revenue and overall performance could be affected.
- Trainer Dependence: With only 8 full-time trainers, the business relies heavily on them. Losing trainers or facing hiring challenges could disrupt operations.
- Reputation & Quality Matters: A strong reputation and high-quality service are key to attracting learners. Any drop in these areas could hurt future growth.
Promoters
Mr. Rajesh Kumar Sodhani
Mrs. Priya Sodhani
Rajesh Kumar Sodhani HUF
Registrar & documents
Lead manager
Srujan Alpha Capital Advisors Llp
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
P No. C 373, First Floor, C Block Vaishali Nagar, Jaipur - 302021
0141- 2358107
[email protected]Company website ↗Understanding SAFE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.