Sodhani Academy of Fintech Enablers IPO

Sodhani Academy Of Fintech Enablers IPO offers 15.3 lakh shares, raising ₹6.12 crore to fund content studios, IT procurement, branding, and LMS development.

Important Details

Open Date : September 12, 2024 Close Date : September 17, 2024 Allotment Date: September 18, 2024 Listing Date: September 20, 2024

Important Details

IPO Price: INR 40 per share Lot Size: 3000 Shares Total Issue Size: INR 6.12 crores

Fundamental Analysis

Sodhani Academy of Fintech Enablers IPO shows mixed performance: 1. Revenue and profitability have grown. 2. Declines in EPS and RoNW raise efficiency and shareholder return concerns.

Peer Comparison

1. Operates in Education and Financial Literacy Industry. 2. No listed companies with exactly similar business model as Sodhani Academy.

Objective

Sodhani Academy of Fintech Enablers IPO Objective: 1. ₹0.80 crore for new content studio and offline training in Jaipur. 2. ₹0.60 crore for IT procurement. 3. ₹0.50 crore for course development. 4. ₹0.35 crore for brand awareness. 5. ₹0.10 crore for LMS integration.

Risks And Challenges

Sodhani Academy of Fintech Enablers IPO Risks: 1. Dependent on reputation and service quality. 2. Regulatory risks and cyber-security threats. 3. Past negative cash flows. 4. Unregulated learning and training sector risks.