Sodhani Academy of Fintech Enablers Limited IPO (Sodhani Academy of Fintech Enablers IPO) Detail, Date, Price, GMP & Allotment 2024

Sodhani Academy of Fintech Enablers Limited IPO Overview

Sodhani Academy of Fintech Enablers IPO is a fixed-price issue worth ₹6.12 crores, comprising a fresh issue of 9.7 lakh shares totaling ₹3.88 crores and an offer for sale of 5.6 lakh shares totaling ₹2.24 crores. The IPO opens for subscription on September 12, 2024, and closes on September 17, 2024, with allotment expected by September 18, 2024. It is set to be listed on the BSE SME on September 20, 2024.

The IPO is priced at ₹40 per share, with a minimum lot size of 3,000 shares, requiring a retail investment of ₹120,000. High Net Worth Individuals (HNIs) can invest in a minimum of 2 lots (6,000 shares) amounting to ₹240,000. Srujan Alpha Capital Advisors LLP is the book-running lead manager, and Cameo Corporate Services Limited is the registrar. For more details, refer to the DRHP.

Sodhani Academy of Fintech Enablers Limited IPO Important dates

Sodhani Academy of Fintech Enablers IPO opens on September 12, 2024, and closes on September 17, 2024.

Sodhani Academy of Fintech Enablers Limited Financial Performance

Sodhani Academy of Fintech Enablers Limited IPO Key Performance Indicator

The market capitalization of Sodhani Academy of Fintech Enablers IPO is Rs 22.78 Cr.

KPI as of March 31, 2023.

Sodhani Academy of Fintech Enablers Limited IPO Objectives

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.

Sodhani Academy of Fintech Enablers Limited IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The table below depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amounts.

Sodhani Academy of Fintech Enablers Limited IPO Details

Sodhani Academy of Fintech Enablers Limited Company Overview and Services

Established in 2009, specializes in financial training, consulting, and learning services. The academy focuses on enhancing financial education and awareness, equipping learners with essential knowledge and skills to make informed decisions in areas such as money management, budgeting, saving, investing, and understanding financial products and services.

Sodhani Academy caters to a diverse range of learners, including students, recent graduates, unemployed individuals, and homemakers. The academy offers various financial education and literacy courses, seminars, events, and educational materials to help learners achieve financial independence and success.

Competitive Strengths:

• Expert Trainers with Proven Track Record: The academy’s trainers have extensive experience in financial education and literacy, ensuring high-quality instruction.
• Strong Brand Reputation: Recognized for its quality and experience in financial education, Sodhani Academy has built a credible name in the industry.
• Technology-Driven, Scalable Business Model: Leveraging cutting-edge technology, the academy provides flexible, up-to-date course content that learners can access at their own pace.
• Practical, Hands-On Learning Approach: The academy emphasizes practical, practice-oriented teaching methods to help learners gain sustainable financial freedom.
• Diverse Course Offerings: Offers a comprehensive range of financial education solutions, including short-term and long-term courses, expert training, continuing education, and retraining programs.
• Pandemic-Resilient Model: Adapted to global challenges by successfully transitioning from an offline to an online learning model during the COVID-19 pandemic.

As of December 30, 2023, Sodhani Academy employed 12 full-time staff and 2 professional trainers, maintaining a flexible and professional employment model.

Sodhani Academy of Fintech Enablers Limited IPO SWOT Analysis

Strengths:

• Specialized Focus in Fintech Education: Sodhani Academy focuses on fintech education and training, a niche but rapidly growing market with increasing demand for specialized skills.
• Strong Industry Partnerships: Collaborations with leading financial institutions and tech companies provide credibility, enhance course offerings, and create potential employment opportunities for graduates.
• Experienced Management Team: Led by a team with extensive experience in both financial services and education, the company benefits from a strong understanding of industry trends and educational needs.
• Comprehensive Curriculum: Offers a diverse range of courses covering various aspects of fintech, from blockchain and digital payments to regulatory compliance, catering to a wide audience, from students to working professionals.

Weaknesses:

• Limited Track Record: As a relatively new player, Sodhani Academy lacks an extensive operating history, which could pose a risk to investor confidence and market penetration.
• Dependence on a Niche Market: The academy’s focus on fintech education limits its market scope and may make it more vulnerable to changes in industry trends and demand.
• High Competition: Competes with established educational institutions, online platforms, and other specialized academies offering fintech programs, which could limit its market share.
• Scalability Challenges: Expansion may require significant investments in technology, faculty, and infrastructure, which could strain resources and impact profitability.

Opportunities:

• Growing Demand for Fintech Skills: The rising need for digital transformation in the financial sector creates a significant opportunity for growth as more professionals seek specialized fintech education.
• Expansion into New Markets: Potential to expand its presence nationally and internationally by offering online courses and certification programs.
• Partnerships with Financial Institutions: Opportunities to form new partnerships with banks, fintech companies, and regulatory bodies to enhance course offerings and improve job placements for graduates.
• Introduction of New Programs: Opportunity to diversify its course offerings by introducing new programs in emerging areas like AI in finance, cybersecurity, and sustainable finance.

Threats:

• Intense Market Competition: The education sector is highly competitive, with numerous traditional and online providers, which could impact Sodhani Academy’s growth and market share.
• Regulatory Changes: Changes in educational regulations, accreditation requirements, or industry standards could affect the academy’s operations and course offerings.
• Economic Downturns: Economic slowdowns could reduce disposable income, impacting enrollment rates and revenues, especially for non-essential education.
• Technological Disruptions: Rapid technological changes could require continuous updates to the curriculum, leading to higher costs and the risk of courses becoming outdated quickly.

Sodhani Academy of Fintech Enablers Limited IPO GMP Details

GMP for Sodhani Academy of Fintech Enablers SME IPO has not started yet.

Sodhani Academy of Fintech Enablers Limited IPO subscription status 

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Sodhani Academy of Fintech Enablers Limited IPO Allotment status 

The allotment status of Sodhani Academy of Fintech Enablers IPO is expected to be available on September 18, 2024.

Sodhani Academy of Fintech Enablers IPO allotment status is not available at this time. Sodhani Academy of Fintech Enablers IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Sodhani Academy of Fintech Enablers Limited IPO allotment status.

To check Sodhani Academy of Fintech Enablers IPO allotment status, follow the steps below:

• Click on the below allotment status check button.
• Select Company Name.
• Enter your PAN Number, Application Number, or DP Client ID (Anyone).
• Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Cameo Corporate Services Limited either by phone or email. Investors can call +91-44-28460390 or send an email with all relevant details to cameo@cameoindia.com.

Sodhani Academy of Fintech Enablers Limited Contact Details

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/

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Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.