Sodhani Academy of Fintech Enablers Limited (BSE SME)

Sep 12, 2024 - Sep 17, 2024

Price ₹40 - ₹40
Premium ₹12
Lot size 3000
Allotment Sep 19, 2024
Listing Sep 23, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 3000 120000 242
HNI 2 6000 240000 242

Last updated on 17-Sep-2024 17:13:03

CategoryOfferedAppliedTimes
HNIs726000376848000519.07
Retail726000260250000358.47
Total1452000631563000434.96
Total Applications: 139934
HNI Interest Cost Per Share (7 Days)
@7%
₹27.87
@8%
₹31.86
@9%
₹35.84
@10%
₹39.82
@11%
₹43.8
@12%
₹47.78
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail47.5%726000
Other47.5%726000
Market Maker5.10%78000
Total No. of Shares100.0%1530000

Sodhani Academy of Fintech Enablers IPO Details

Issue Size1,530,000 shares
(aggregating up to ₹6.12 Cr)
Fresh Issue970,000 shares
(aggregating up to ₹3.88 Cr)
Offer for Sale560,000 shares of ₹10
(aggregating up to ₹2.24 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Share holding pre issue4,725,000
Share holding post issue5,695,000
Market Maker portion78,000 shares
Prabhat Financial Services

Key Performance Indicator

KPIMar-24Mar-23Mar-22
ROCE36.77%36.79%51.27%
RONW27.91%29.23%36.63%
EPS
(basic)
3.882.9510.42
P/E
Pre IPO
10.32
P/E
Post IPO
12.44

Company Financials

Sodhani Academy of Fintech Enablers Limited Financial Information (Restated)

Period EndedMar-24Mar-23Mar-22
Assets660.04501.57363.2
Revenue306.95203.45188.19
Profit After Tax183.17138.6123.91
Net Worth656.22476.85338.25
Reserves and Surplus183.72341.85311.25
Total Borrowing2.654.1
Amount in Lakhs

About Company

Sodhani Academy of Fintech Enablers Limited, founded in 2009, specializes in providing financial education, training, consulting, and learning services to a wide range of learners, including students, recent graduates, unemployed individuals, and homemakers. The company emphasizes financial literacy, enabling participants to make informed financial decisions through its diverse course offerings, which range from short-term to expert-level and retraining programs.The company prioritizes practice-oriented learning, ensuring that participants gain practical skills for achieving financial freedom. Notably, its business model has successfully transitioned from offline to online, proving resilient during the COVID-19 pandemic. As of December 30, 2023, the company employed 12 full-time employees and 2 professional trainers.