Issue Price
₹40
per equity share
Issue Size
15.3 lakhs
equity share
Face Value
₹
per equity share
Market Lot
3000
equity share
Please note
Listing at BSE
SODHANI ACADEMY OF FINTECH ENABLERS LIMITED
Important Dates
IPO Open Date
12 Sep 2024
IPO Close Date
17 Sep 2024
Allotment Date
18 Sep 2024
Initiation of Refunds
19 Sep 2024
Credit of Shares to Demat Account
19 Sep 2024
IPO Listing Date
20 Sep 2024
UPI Mandate Expiry Date
17 Sep 2024
IPO Details
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.
Don't let another opportunity slip away. Check your IPO status now!
Check Allotment StatusAbout SODHANI ACADEMY OF FINTECH ENABLERS LIMITED
Sodhani Academy Limited was founded in 2009, offers financial training, consulting and learning services. Sodhani Academy 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 company has a recognized name and reputation for quality in its field of operation, as well as considerable experience and a credible track record in financial education. The company uses state-of-the-art technology to deliver its courses, allowing learners to use up-to-date course content and learn at their own pace. The company relies on the practice-oriented teaching method to provide course participants with knowledge that helps them achieve appropriate and sustainable financial freedom.
Parent Organisation
-
Founded
2009
Managing Director
Mr. Rajesh Kumar Sodhani, Mrs. Priya Sodhani and Rajesh Kumar Sodhani HUF
IPO Objectives
The net proceeds from this issue will be used for building the content studio and offline training infrastructure, Information technology procurement, content development for course material. The remaining funds will be used for enhancement of brand visibility, awareness and fulfilling general corporate purposes.
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
Keep these documents ready
PAN Card | Aadhaar Card | Bank Account Number
Close