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Sodhani Academy of Fintech Enablers IPO: Things Smart Investors Need to Know

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Overview of the Company

Sodhani Academy of Fintech Enablers focuses on delivering specialized education and training in the rapidly evolving fintech space. Their goal is to bridge the skill gap by providing courses that cover everything from blockchain to artificial intelligence, helping professionals and students alike upskill for the financial technology sector. With a strong foothold in the education space, Sodhani Academy is gearing up for its initial public offering to raise funds for further expansion and innovation.

Sodhani Academy of Fintech Enablers IPO Details and Objectives

The primary objective of the Sodhani Academy of Fintech Enablers IPO is to raise funds for multiple purposes aimed at expanding and strengthening its educational services.

Purpose of the IPO:

  • Building Content Studio & Offline Training Infrastructure: To support content creation and in-person training.
  • IT Procurement: Investments in hardware and software solutions.
  • Content Development: Creating advanced fintech course materials.
  • Brand Visibility: Enhancing market presence and brand awareness.
  • LMS Development: Developing a Learning Management System (LMS) for better digital learning.
  • General Corporate Purposes.

Key Dates to Remember

  • Sodhani Academy of Fintech Enablers IPO Opening Date: September 12, 2024
  • Sodhani Academy of Fintech Enablers IPO Closing Date: September 17, 2024
  • Listing Date: September 20, 2024
  • Pricing and Lot Size of Sodhani Academy of Fintech Enablers IPO
  • Price Band for the IPO: ₹40 per share
  • Minimum Lot Size: 3000 shares per lot

How to Apply for the IPO of Sodhani Academy of Fintech Enablers?

Online Application Process:

  • Log in to your demat or stockbroker account.
  • Navigate to the IPO section and select the Sodhani Academy of Fintech Developers IPO.
  • Place your bid by selecting the number of lots and enter UPI details for payment.

Financial Health and Performance

Key Financial Metrics:

Sodhani Academy of Fintech Enablers Limited has shown strong financial growth over the past few years. For the financial year ending March 31, 2024, the company's revenue increased by 51% to ₹306.95 lakhs compared to ₹203.45 lakhs in the previous year. Similarly, the profit after tax (PAT) rose by 32%, reaching ₹183.17 lakhs. The company's assets also grew from ₹501.57 lakhs in 2023 to ₹660.04 lakhs in 2024. These financials reflect the company’s expanding business, increased market reach, and robust profitability.

Financial Metric

FY 2024

FY 2023

FY 2022

Assets

₹660.04 L

₹501.57 L

₹363.20 L

Revenue

₹306.95 L

₹203.45 L

₹188.19 L

Profit After Tax (PAT)

₹183.17 L

₹138.60 L

₹123.91 L

Net Worth

₹656.22 L

₹476.85 L

₹338.25 L

Reserves & Surplus

₹183.72 L

₹341.85 L

₹311.25 L

Total Borrowing

₹2.65 L

₹4.10 L

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Investment Risks and Opportunities

Potential Risks of Investing in the IPO:

  • Regulatory risks in the fintech education space.
  • Intense competition from other education providers.

Opportunities and Growth Potential:

  • Growing demand for skilled fintech professionals.
  • Potential for rapid expansion due to the company’s strong market position.

Conclusion

The Sodhani Academy of Fintech Enablers IPO offers a valuable opportunity for investors looking to gain exposure to the burgeoning fintech education market. With strong growth prospects and a clear strategic vision, the academy is well-positioned to capitalize on the increasing demand for specialized fintech training.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

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Frequently Asked Questions

What is Sodhani Academy of Fintech Enablers IPO?

Answer Field

Sodhani Academy of Fintech Enablers is a fintech education provider, offering comprehensive training and certification in financial technology.

When will the Sodhani Academy of Fintech Enablers IPO open?

Answer Field

The IPO will open on September 12, 2024, and the application will be open till September 17, 2024. 

How to apply for Sodhani Academy of Fintech Enablers IPO?

Answer Field

You can apply for the IPO through your stockbroker or any online trading platform like Bajaj Broking that offers IPO services.

When is Sodhani Academy of Fintech Enablers IPO allotment?

Answer Field

The IPO allotment date for Sodhani Academy of Fintech Enablers IPO is September 18, 2024.  

When is Sodhani Academy of Fintech Enablers IPO listing date?

Answer Field

The IPO listing date for Sodhani Academy of Fintech Enablers IPO is September 20, 2024.  

Who is the registrar of Sodhani Academy of Fintech Enablers IPO?

Answer Field

The official IPO registrar for Sodhani Academy of Fintech Enablers IPO is Cameo Corporate Services Limited. 

What is the fresh issue of Sodhani Academy of Fintech Enablers IPO?

Answer Field

The fresh issue of Sodhani Academy of Fintech Enablers IPO is ₹ 3.88 Cr

How can I approve the UPI mandate request for Sodhani Academy of Fintech Enablers IPO?

Answer Field

You can approve the UPI mandate request via your UPI app by navigating to the mandates section or following the mandate notification sent through SMS or the in-app notification for your UPI app. 

What is the price range of Sodhani Academy of Fintech Enablers IPO?

Answer Field

The price for the Sodhani Academy of Fintech Enablers IPO is ₹40 per share.

What is the cut-off time for the UPI mandate for Sodhani Academy of Fintech Enablers IPO?

Answer Field

The UPI mandate cut-off time for the Sodhani Academy of Fintech Enablers IPO is 5:00 PM September 17, 2024. 

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