Sodhani Academy of Fintech Enablers Limited
ListedSMEEducation / 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
₹12
+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
Last updated 12 months ago
Overall Subscription
434.96x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
519.07x
High Net-Worth
Retail (RII)
358.47x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 726,000 | 376,848,000 | 519.07x |
| RETAIL | 726,000 | 260,250,000 | 358.47x |
| Total | 1,452,000 | 637,098,000 | 434.96x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 179 | 64,166 | 358.47x |
| HNIs (10L +) | 1 | 519 | 519.07x |
| HNIs (2-10L) | 5 | 2,595 | 519.07x |
| Total Applications | 185 | 67,280 | 363.68x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Sodhani Academy of Fintech Enablers Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is Sodhani Academy of Fintech Enablers Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Sodhani Academy of Fintech Enablers Limited IPO is ₹12 per equity share. Based on the upper price band of ₹40 to ₹40 per equity share, the estimated listing price is ₹52 (+30.0% expected listing gain).
What is the expected profit per lot for Sodhani Academy of Fintech Enablers Limited IPO?
With a lot size of 3000 shares and current GMP of ₹12, the expected profit per application lot is approx ₹36,000 (+30.0% gain). Minimum application cost is approx ₹1,20,000.
What is the issue size and price band for Sodhani Academy of Fintech Enablers Limited IPO?
The Sodhani Academy of Fintech Enablers Limited IPO aggregate issue size is ₹6.12 Crores with an equity price band set at ₹40 to ₹40 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
How can I check Sodhani Academy of Fintech Enablers Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 434.96x (Retail: 358.47x, QIB: 0.00x, NII: 519.07x). You can track live multiples directly on our dedicated subscription page.
Where and when will Sodhani Academy of Fintech Enablers Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2024-09-19. Investors can verify status using PAN card or application number.
When is the listing date for Sodhani Academy of Fintech Enablers Limited IPO?
Sodhani Academy of Fintech Enablers Limited shares are scheduled to list on BSE on 2024-09-23.