Sodhani Academy of Fintech Enablers Limited, established in 2009, specializes in financial training, consulting, and educational services.
The academy is dedicated to enhancing financial education and awareness. This involves imparting knowledge and skills necessary for making informed and responsible financial decisions. Key areas of focus include effective money management, budgeting, prudent saving and investing, and understanding basic financial products and services.
The academy serves a diverse group of learners, including students (both current and recent graduates), individuals who are currently unemployed, and homemakers. These participants engage with the academy through various financial education programs, literacy courses, seminars, events, and resources.
Get more information about the company @ http://www.safefintech.in/
Sodhani Academy IPO Details
|
| IPO opens on |
12 September 2024 |
| IPO closes on |
17 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
1530000 Shares / Rs 6.12 Crore |
| * Fresh Issue |
970000 Shares / Rs 3.88 Crore |
| * Offer for Sale – |
560000 shares / Rs. 2.24 crore |
| Market Maker Portion |
702000 Shares |
| Net offer to Public |
1452000 Shares/ Rs.5.80 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.40 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
3000 Shares |
| Listing will at |
BSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (0%) |
– |
– |
| NII (50%) |
726000 |
2.90 |
| RII (50%) |
726000 |
2.90 |
| Total Shares |
1452000 |
5.80 |
| Retail portion will be oversubscribed by |
242 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
3000 Shares |
Rs.120000 |
| Min HNI Application |
6000 Shares |
Rs.240000 |
Who are the Promoters of Sodhani Academy IPO?
The Promoters of the company are Mr. Rajesh Kumar Sodhani, Mrs. Priya Sodhani and Rajesh Kumar Sodhani HUF
What are the Objects of Sodhani Academy IPO?
The Offer comprises of fresh issue of shares.
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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.
|
Registered Office of the Company
Sodhani Academy of Fintech Enablers Limited
P No. C 373, First Floor,
C Block Vaishali Nagar,
Jaipur – 302021
|
|
Who is the Lead Manager of this IPO?
Srujan Alpha Capital Advisors LLP
|
|
Who is the Registrar to IPO?
Cameo Corporate Services Limited
|
Envirotech Systems IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Sodhani Academy IPO Financial & Analytical Ratios
|
| Year |
Total Income |
Net Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
1.88 |
1.24 |
– |
– |
| 2022-23 |
2.03 |
1.39 |
– |
– |
| 2023-24 |
3.07 |
1.83 |
3.88 |
27.91 |
| Book Value of the Share on 31.03.2024 |
Rs |
– |
|
|
| BV of the Share at cap price after IPO |
Rs. |
|
|
|
| Offer Price/upper band |
Rs. |
40 |
|
|
IPO Key Performance indicators
|
| Price/EPS of 23-24 |
10.32 |
| Price/BV Ratio |
– |
| Price/BV after IPO |
3.82 |
How
Sodhani Academy IPO compares with the Peers?
The company believes there is no other listed company which is specifically comparable to it w.r.t its business model, size and financials
| As on date of RHP |
FV |
Total |
PE |
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Rs. |
Income |
Ratio of |
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Rs. In Crore |
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# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Sodhani Academy IPO Review
Sodhani Academy of Fintech Enablers Limited, established in 2009, specializes in financial training, consulting, and educational services.
Size: Net size of the IPO is Rs.5.80 crore, comprising of 1452000 shares. The size of the IPO is very small so, oversubscription will be smooth.
Financial Snapshot: The company has reasonably good profitability.
+ from fundamental angle: May Apply.
+ from grey market angle: ?
Quicklinks
Sodhani Academy IPO IPO GMP today allotment, review?
Sodhani Academy IPO IPO GMP grey market premium
Sodhani Academy IPO FAQs
What is Sodhani Academy IPO?
This is a SME IPO of 5400,000 equity shares of the face value of Rs. 10 aggregating up to Rs.30.24 Crores. The issue is priced at Rs.53-56 per share. The minimum order quantity is 2000 Shares.
When will Sodhani Academy IPO subscription open?
Sodhani Academy IPO opens on September 12, 2024, and closes on September 17, 2024.
What is the lot size of Sodhani Academy IPO?
Sodhani Academy IPO lot size is 3000 Shares, and the minimum amount required is Rs.120000
How to apply for Sodhani Academy IPO?
You can apply in Sodhani AcademyIPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Sodhani Academy IPO allotment?
The finalization of Basis of Allotment for Sodhani Academy IPO will be done on September 18, 2024, and the allotted shares will be credited to your demat account by September 19, 2024.
When is Sodhani Academy IPO listing date?
Sodhani Academy IPO listing date is September 20, 2024.
Subscription status of Sodhani Academy IPO
Sodhani Academy of Fintech Enablers IPO (Day 3)
Price Rs. 40 Lot 3000 shares, Rs. 6.12 Crore
|
| QIB |
NII x |
RII x |
Total x |
Applications |
| |
18.70 |
79.22 |
48.96 |
21,313 (88.07x) |
| Amount wise bids recd. Rs. ? Crore |
| Note: |
What is the business of Sodhani Academy?
Sodhani Academy of Fintech Enablers Limited, established in 2009, specializes in financial training, consulting, and educational services.
The academy is dedicated to enhancing financial education and awareness. This involves imparting knowledge and skills necessary for making informed and responsible financial decisions. Key areas of focus include effective money management, budgeting, prudent saving and investing, and understanding basic financial products and services.
The academy serves a diverse group of learners, including students (both current and recent graduates), individuals who are currently unemployed, and homemakers. These participants engage with the academy through various financial education programs, literacy courses, seminars, events, and resources.
Get more information about the company @ http://www.safefintech.in/
Sodhani Academy IPO Details
|
| IPO opens on |
12 September 2024 |
| IPO closes on |
17 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
1530000 Shares / Rs 6.12 Crore |
| * Fresh Issue |
970000 Shares / Rs 3.88 Crore |
| * Offer for Sale – |
560000 shares / Rs. 2.24 crore |
| Market Maker Portion |
702000 Shares |
| Net offer to Public |
1452000 Shares/ Rs.5.80 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.40 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
3000 Shares |
| Listing will at |
BSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (0%) |
– |
– |
| NII (50%) |
726000 |
2.90 |
| RII (50%) |
726000 |
2.90 |
| Total Shares |
1452000 |
5.80 |
| Retail portion will be oversubscribed by |
242 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
3000 Shares |
Rs.120000 |
| Min HNI Application |
6000 Shares |
Rs.240000 |
Who are the Promoters of Sodhani Academy IPO?
The Promoters of the company are Mr. Rajesh Kumar Sodhani, Mrs. Priya Sodhani and Rajesh Kumar Sodhani HUF
What are the Objects of Sodhani Academy IPO?
The Offer comprises of fresh issue of shares.
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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.
|
Registered Office of the Company
Sodhani Academy of Fintech Enablers Limited
P No. C 373, First Floor,
C Block Vaishali Nagar,
Jaipur – 302021
|
|
Who is the Lead Manager of this IPO?
Srujan Alpha Capital Advisors LLP
|
|
Who is the Registrar to IPO?
Cameo Corporate Services Limited
|
Envirotech Systems IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Sodhani Academy IPO Financial & Analytical Ratios
|
| Year |
Total Income |
Net Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
1.88 |
1.24 |
– |
– |
| 2022-23 |
2.03 |
1.39 |
– |
– |
| 2023-24 |
3.07 |
1.83 |
3.88 |
27.91 |
| Book Value of the Share on 31.03.2024 |
Rs |
– |
|
|
| BV of the Share at cap price after IPO |
Rs. |
|
|
|
| Offer Price/upper band |
Rs. |
40 |
|
|
IPO Key Performance indicators
|
| Price/EPS of 23-24 |
10.32 |
| Price/BV Ratio |
– |
| Price/BV after IPO |
3.82 |
How
Sodhani Academy IPO compares with the Peers?
The company believes there is no other listed company which is specifically comparable to it w.r.t its business model, size and financials
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
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| |
|
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| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Sodhani Academy IPO Review
Sodhani Academy of Fintech Enablers Limited, established in 2009, specializes in financial training, consulting, and educational services.
Size: Net size of the IPO is Rs.5.80 crore, comprising of 1452000 shares. The size of the IPO is very small so, oversubscription will be smooth.
Financial Snapshot: The company has reasonably good profitability.
+ from fundamental angle: May Apply.
+ from grey market angle: ?
Quicklinks
Sodhani Academy IPO IPO GMP today allotment, review?
Sodhani Academy IPO IPO GMP grey market premium
Sodhani Academy IPO FAQs
What is Sodhani Academy IPO?
This is a SME IPO of 5400,000 equity shares of the face value of Rs. 10 aggregating up to Rs.30.24 Crores. The issue is priced at Rs.53-56 per share. The minimum order quantity is 2000 Shares.
When will Sodhani Academy IPO subscription open?
Sodhani Academy IPO opens on September 12, 2024, and closes on September 17, 2024.
What is the lot size of Sodhani Academy IPO?
Sodhani Academy IPO lot size is 3000 Shares, and the minimum amount required is Rs.120000
How to apply for Sodhani Academy IPO?
You can apply in Sodhani AcademyIPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Sodhani Academy IPO allotment?
The finalization of Basis of Allotment for Sodhani Academy IPO will be done on September 18, 2024, and the allotted shares will be credited to your demat account by September 19, 2024.
When is Sodhani Academy IPO listing date?
Sodhani Academy IPO listing date is September 20, 2024.
What is the latest grey market premium of Sodhani Academy IPO?
For latest GMP, Click
Subscription status of Sodhani Academy IPO
Sodhani Academy of Fintech Enablers IPO (Day 3)
Price Rs. 40 Lot 3000 shares, Rs. 6.12 Crore
|
| QIB |
NII x |
RII x |
Total x |
Applications |
| |
18.70 |
79.22 |
48.96 |
21,313 (88.07x) |
| Amount wise bids recd. Rs. ? Crore |
| Note: |
What is the business of Sodhani Academy?
Sodhani Academy of Fintech Enablers Limited, established in 2009, specializes in financial training, consulting, and educational services.
The academy is dedicated to enhancing financial education and awareness. This involves imparting knowledge and skills necessary for making informed and responsible financial decisions. Key areas of focus include effective money management, budgeting, prudent saving and investing, and understanding basic financial products and services.
The academy serves a diverse group of learners, including students (both current and recent graduates), individuals who are currently unemployed, and homemakers. These participants engage with the academy through various financial education programs, literacy courses, seminars, events, and resources.
Get more information about the company @ http://www.safefintech.in/
Sodhani Academy IPO Details
|
| IPO opens on |
12 September 2024 |
| IPO closes on |
17 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
1530000 Shares / Rs 6.12 Crore |
| * Fresh Issue |
970000 Shares / Rs 3.88 Crore |
| * Offer for Sale – |
560000 shares / Rs. 2.24 crore |
| Market Maker Portion |
702000 Shares |
| Net offer to Public |
1452000 Shares/ Rs.5.80 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.40 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
3000 Shares |
| Listing will at |
BSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (0%) |
– |
– |
| NII (50%) |
726000 |
2.90 |
| RII (50%) |
726000 |
2.90 |
| Total Shares |
1452000 |
5.80 |
| Retail portion will be oversubscribed by |
242 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
3000 Shares |
Rs.120000 |
| Min HNI Application |
6000 Shares |
Rs.240000 |
Who are the Promoters of Sodhani Academy IPO?
The Promoters of the company are Mr. Rajesh Kumar Sodhani, Mrs. Priya Sodhani and Rajesh Kumar Sodhani HUF
What are the Objects of Sodhani Academy IPO?
The Offer comprises of fresh issue of shares.
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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.
|
Registered Office of the Company
Sodhani Academy of Fintech Enablers Limited
P No. C 373, First Floor,
C Block Vaishali Nagar,
Jaipur – 302021
|
|
Who is the Lead Manager of this IPO?
Srujan Alpha Capital Advisors LLP
|
|
Who is the Registrar to IPO?
Cameo Corporate Services Limited
|
Envirotech Systems IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Sodhani Academy IPO Financial & Analytical Ratios
|
| Year |
Total Income |
Net Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
1.88 |
1.24 |
– |
– |
| 2022-23 |
2.03 |
1.39 |
– |
– |
| 2023-24 |
3.07 |
1.83 |
3.88 |
27.91 |
| Book Value of the Share on 31.03.2024 |
Rs |
– |
|
|
| BV of the Share at cap price after IPO |
Rs. |
|
|
|
| Offer Price/upper band |
Rs. |
40 |
|
|
IPO Key Performance indicators
|
| Price/EPS of 23-24 |
10.32 |
| Price/BV Ratio |
– |
| Price/BV after IPO |
3.82 |
How
Sodhani Academy IPO compares with the Peers?
The company believes there is no other listed company which is specifically comparable to it w.r.t its business model, size and financials
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Sodhani Academy IPO Review
Sodhani Academy of Fintech Enablers Limited, established in 2009, specializes in financial training, consulting, and educational services.
Size: Net size of the IPO is Rs.5.80 crore, comprising of 1452000 shares. The size of the IPO is very small so, oversubscription will be smooth.
Financial Snapshot: The company has reasonably good profitability.
+ from fundamental angle: May Apply.
+ from grey market angle: ?
Quicklinks
Sodhani Academy IPO IPO GMP today allotment, review?
Sodhani Academy IPO IPO GMP grey market premium
Sodhani Academy IPO FAQs
What is Sodhani Academy IPO?
This is a SME IPO of 5400,000 equity shares of the face value of Rs. 10 aggregating up to Rs.30.24 Crores. The issue is priced at Rs.53-56 per share. The minimum order quantity is 2000 Shares.
When will Sodhani Academy IPO subscription open?
Sodhani Academy IPO opens on September 12, 2024, and closes on September 17, 2024.
What is the lot size of Sodhani Academy IPO?
Sodhani Academy IPO lot size is 3000 Shares, and the minimum amount required is Rs.120000
How to apply for Sodhani Academy IPO?
You can apply in Sodhani AcademyIPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Sodhani Academy IPO allotment?
The finalization of Basis of Allotment for Sodhani Academy IPO will be done on September 18, 2024, and the allotted shares will be credited to your demat account by September 19, 2024.
When is Sodhani Academy IPO listing date?
Sodhani Academy IPO listing date is September 20, 2024.
September 19, 2024
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