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Sodhani Academy of Fintech IPO IPO

Mainline12 Sep 202417 Sep 2024
Open
12 Sep 2024
Close
17 Sep 2024
3
Allotment
Listing
Mon, Sep 23, 2024
Price Band
₹40 per share
Issue Size
15,30,000 shares (agg. up to ₹6 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Sep 23, 2024
Latest GMP
₹12
Est. Gain
30%
✦ AI Insight

GMP Trend

25-09-202412Est. ₹52+30%
24-09-202412Est. ₹52+30%
23-09-202412Est. ₹52+30%

Live Subscription

CategorySubscription (times)
Total437.63x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets6.605.023.63
Total Income3.072.031.88
Profit After Tax1.831.391.24
NET Worth6.564.773.38
Reserves and Surplus1.843.423.11
Total Borrowing0.030.04
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Docmode Health Technologies Ltd.SME₹6.71 Cr₹799.3₹180.75+128.80%₹37.50 (-2.85%)
Addictive Learning Technology Ltd.SME₹60.16 Cr₹14066.69₹294.50+110.36%₹39.45 (-4.94%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Building content studio and offline training infrastructure0.80
2Information Technology (Hardware including Software) Procurement0.60
3Content Development for course material0.50
4Enhancement of brand visibility and awareness0.35
5Learning Management System (LMS) Application development0.10
6General Corporate Purpose0.75

About Sodhani Academy of Fintech IPO

Sodhani Academy of Fintech Enablers Limited was founded in 2009 and offers financial training, consulting and learning services. The company mainly focuses on the area of financial education and awareness, which refers to the knowledge and understanding of various financial concepts and skills that enable learners to make informed and responsible decisions in financial matters. This includes the ability to manage money effectively, budget wisely, save and invest prudently, and understand basic financial products and services. The organization's learners include various categories of participants such as students (both in active training and qualified applicants), recent graduates (collectively referred to as students), individuals who are not currently employed, and homemakers (collectively referred to as learners) through financial education and financial literacy courses, seminars, events, and materials. Competitive Strengths: Proven track record of trainers: Thecompnya's trainers have a proven track record in financial education and financial literacy, making them highly effective.Brand image: The company has a recognized name and reputation for quality in its field of operation

Contact Details

Sodhani Academy of Fintech Enablers Ltd. AddressP No.C 373, First FloorC Block Vaishali NagarJaipur, Rajasthan, 3020210141- 2358107safe.fintech3105@gmail.comVisit Website