SODHANI ACADEMY OF FINTECH ENABLERS LIMITED

Sodhani Academy IPO is open for subscription starting Thursday, September 12, 2024, and closing on Tuesday, September 17, 2024. This upcoming IPO's price is Rs 40 per share. The minimum lot size set for the retail category is 3000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 6000 shares. The minimum investment required for retail category investors is Rs 1,12,000 (40 x 3000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,40,000 (40 x 6000 shares). Sodhani Academy IPO is a fixed price issue of Rs 6.12 crores. This upcoming IPO is a mixture of fresh issue and offer-for-sale. The fresh issue is of 9.7 lakh equity shares amounting to Rs 3.88 crores and OFS component is of 5.6 lakhs equity shares amounting to Rs 2.24 crores. The allotment for this new IPO is expected to be finalised on Wednesday, September 18, 2024. Sodhani Academy IPO will be listed on BSE SME on Friday, September, 20, 2024. Srujan Alpha Capital Limited is the book-running lead manager, Cameo Corporate Services Limited is the registrar for this IPO.