
Education / EdTech · BSE
Sodhani Academy of Fintech Enablers Limited, established in 2009, focuses on financial education, training, and consulting for a diverse group of learners, including students, graduates, job seekers, and homemakers. The academy aims to enhance financial literacy, helping individuals make informed financial decisions through a variety of courses, from beginner to expert levels. With a strong emphasis on hands-on learning, it equips participants with practical skills to achieve financial independence. The company successfully transitioned from offline to online learning, demonstrating resilience during the COVID-19 pandemic. As of December 30, 2023, it had a team of 12 full-time employees and 2 professional trainers.
Price Band
₹40
Issue Size
₹6.12 Cr
Lot Size
3000 shares
GMP
+30.0%
Est. Listing
₹52
at current GMP
Subscribed
434.96x
overall
Open
12 Sep 2024
Close
17 Sep 2024
Allotment
19 Sep 2024
Refund
20 Sep 2024
Demat Credit
21 Sep 2024
Listing
23 Sep 2024
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
19 Sep 2024
Basis finalization
Refunds Initiate
20 Sep 2024
Mandate release
Demat Credit
21 Sep 2024
Shares in demat
Listing Debut
23 Sep 2024
Trading begins
Sodhani Academy of Fintech Enablers Limited is bringing an initial public offering (IPO) in the Education / EdTech sector with an aggregate issue size of ₹6.12 Crores. The shares are offered at a price band of ₹40 to ₹40 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-21, while un-allotted funds or UPI block mandates will be released on 2024-09-20.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.