58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Sodhani Academy of Fintech Enablers Limited IPO (Sodhani Academy of Fintech Enablers IPO) Detail

Sodhani Academy of Fintech Enablers IPO is a book build IPO listing on BSE SME exchange. The company is based in Jaipur and caters to Education - Edtech sector. Srujan Alpha Capital Advisors Llp is the merchant banker of Sodhani Academy of Fintech Enablers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th July 2023.

Sodhani Academy of Fintech Enablers IPO open date is 12th September 2024 and close date is 17th September 2024. IPO Allotment Date is 18th September 2024 and Listing date is 23rd September 2024.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

Sodhani Academy of Fintech Enablers IPO Date

Date of DRHP:
12th July 2023
IPO Allotment Date:
18th September 2024
IPO Open Date:
12th September 2024
Initiation of Refund:
19th September 2024
IPO Closing Date:
17th September 2024
IPO Listing Date:
23rd September 2024

Sodhani Academy IPO Info, Size, Subscription

Sodhani Academy of Fintech Enablers IPO size is Rs 6.12 Cr. crores with IPO price of Rs 40.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 6.12 Cr.

Issue Price:
₹ 40.00

Market Capitalisation :
₹ 22.78 Cr.

PE multiple :
12.44

Subscription :
438.72 times

Pre Issue Promoter Holding :
99.99 %

Post Issue Promoter Holding :
73.12%

Sodhani Academy of Fintech Enablers IPO Information

Sub Sector : financial training, consulting and learning services
Sodhani Academy of Fintech Enablers Limited was initially incorporated as "Sodhani Financial Consultants Private Limited" on February 03, 2009, under the provisions of the Companies Act, 1956, with a certificate of incorporation issued by the Registrar of Companies, Rajasthan, Jaipur. Later, the company transitioned from a private limited to a public limited company and was renamed "Sodhani Financial Consultants Limited" following a Special Resolution passed at an Extra Ordinary General Meeting held on March 09, 2023. A fresh certificate of incorporation was issued on April 10, 2023, by the Registrar of Companies, Rajasthan, Jaipur. Subsequently, on May 01, 2023, another Special Resolution was passed to change the company name to "Sodhani Academy of Fintech Enablers Limited," with the updated certificate of incorporation issued on May
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Object of Issue (Sodhani Academy IPO Objectives)

  • Building content Studio and Offline training infrastructure
  • Information Technology (Hardware including Software Procurement)
  • Content Development for ctheirse material
  • Enhancement of brand visibility and awareness
  • Learning Management System (LMS Application development)
  • General Corporate Purpose

Srujan Alpha Capital Advisors Llp is the book-running lead manager of the Sodhani Academy of Fintech Enablers IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Prabhat Financial Services Limited for Sodhani Academy of Fintech Enablers IPO.

Sodhani Academy IPO Market Maker

Prabhat Financial Services Limited

Sodhani Academy IPO Registrar (RTA)

Cameo Corporate Services Limited

Sodhani Academy IPO Lead Manager (BRLM)

Srujan Alpha Capital Advisors Llp

Sodhani Academy of Fintech Enablers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Sodhani Academy of Fintech Enablers IPO?

Sodhani Academy of Fintech Enablers IPO, based in Jaipur, operates in the   Education - Edtech sector with a focus on financial training, consulting and learning services. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Sodhani Academy of Fintech Enablers IPO size is ₹ 6.12 Cr. Crores with fresh issue size of Rs 6.12 Cr. Crores and Offer for sale being 6.12..

When is Sodhani Academy IPO allotment?

The IPO allotment date for Sodhani Academy of Fintech Enablers IPO is expected to be 18th September 2024, after the finalization of basis of allotment. Investors can check Sodhani Academy of Fintech Enablers IPO allotment status on the registrars website, Cameo Corporate Services Limited. Sodhani Academy of Fintech Enablers IPO refund dates are 19th September 2024.

When is Sodhani Academy of Fintech Enablers IPO listing date?

Sodhani Academy of Fintech Enablers IPO is expected to be listed on 23rd September 2024.

What is the price band for Sodhani Academy IPO?

The upper price band for the Sodhani Academy of Fintech Enablers IPO is set at ₹ 40.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Sodhani Academy of Fintech Enablers IPO Review?

For IPO analysis on Sodhani Academy of Fintech Enablers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Sodhani Academy of Fintech Enablers IPO?

To apply for the Sodhani Academy of Fintech Enablers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th September 2024. After submission, funds are blocked until the basis of allotment of Sodhani Academy of Fintech Enablers IPO is finalised.

Who is the merchant banker of Sodhani Academy IPO?

The merchant banker for Sodhani Academy of Fintech Enablers IPO is Srujan Alpha Capital Advisors Llp . Srujan Alpha Capital Advisors Llp manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sodhani Academy of Fintech Enablers IPO RHP for further details.

Who is the Registrar of Sodhani Academy of Fintech Enablers IPO?

The registrar for Sodhani Academy of Fintech Enablers IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Sodhani Academy of Fintech Enablers IPO through their official website or helpline.

What is the Sodhani Academy of Fintech Enablers IPO subscription?

Sodhani Academy of Fintech Enablers IPO was subscribed 438.72 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 6.12 Cr. Avg IPO Size (Sector Based) : ₹ 17.41 Cr.
  • Sector: Education - Edtech SME IPO so far: 11
  • Merchant Banker: Srujan Alpha SME IPO by BRLM so far: 47
  • City: Jaipur SME IPO so far: 31
  • Revenue (annualised): ₹ 0.02 cr.
            PAT: (annualised): ₹ 0.02 cr.
  • PE Ratio: 12.44x Average Sector PE Ratio: 19.58x
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FAQs

Sodhani Academy of Fintech Enablers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sodhani Academy of Fintech Enablers Financial Review Page

Sodhani Academy of Fintech Enablers IPO subscription was 438.72 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Sodhani Academy of Fintech Enablers IPO listed at a listing price of 55.65 against the offer price of 40.00.

The current market price of Sodhani Academy of Fintech Enablers is 230.00.

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