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Sodhani Academy of Fintech Enablers IPO
Sodhani Academy of Fintech Enablers Ltd
₹1,20,000 /3000 sharesMinimum investment
IPO details
Minimum investment
₹1,20,000
Price range
₹40 - ₹40
Lot size
3,000
Issue size
6.12 Cr
Face value
10
IPO document
Subscription rate
Data will be available soon
Schedule
12 Sep 2024
IPO open date
17 Sep 2024
IPO close date
18 Sep 2024
Allotment date
18 Sep 2024
Funds unblock or debit
23 Sep 2024
Tentative listing date
About
Founded in
2009
MD/CEO
Mr. Rajesh Kumar Sodhani
Parent organisation
Sodhani Academy of Fintech Enablers Ltd
Sodhani Academy of Fintech Enablers Financials
Revenue
Total Assets
Profit
All values are in ₹ Cr
Strengths & Risks
Strengths
Risks
Sodhani Academy of Fintech Enablers claims that the company’s trainers hold a strong track record in financial literacy and awareness and are capable of providing effective training sessions.
The academy offers many financial literacy learning solutions, including short-term, long-term, expert, and upskilling and reskilling courses.
The company claims to have adopted a practice-oriented teaching approach that helps learners achieve sustainable financial independence. They utilise both in-house trainers and appoint subject experts based on specific instructional needs, who closely monitor participant progress.
The company has seen a consistent increase in profit after tax (PAT), which increased from Rs 0.03 crore in FY21 to Rs 1.24 crore in FY22 to Rs 1.39 crore in FY23.
Sodhani Academy of Fintech Enablers’ revenue generation significantly depends on its training, consultancy, and learning services. Any failure to attract more learners or a decline in the company’s services could be detrimental to its reputation and harm its financial standing.
The effectiveness of the training courses hinges on the availability and retention of qualified trainers. A sudden decline in the availability of such trainers can disrupt the academy's operations and business continuity.
The company is currently involved in some outstanding litigation. Any adverse judgments in any of these cases can be detrimental to the company’s business prospects.
In the past years, revenue from operations was also derived from other income streams, including interest, dividends, and gains from the sale of investment properties.
The company’s success relies on its ability to continuously develop and integrate modern and relevant course materials. Failure to do so could adversely affect its business, operations, and growth prospects.
Application details
For Sodhani Academy of Fintech Enablers IPO, eligible investors can apply as Regular.
| Apply as | Price band | Apply range | Lot size |
|---|---|---|---|
| Regular | ₹40 - ₹40 | ₹2 - ₹5 Lakhs | 3000 |
| High Networth Individual | ₹40 - ₹40 | ₹2 - ₹5 Lakhs | 3000 |