Sodhani Academy Of Fintech Enablers Limited is coming with an IPO consisting of a fresh issue of 9,70,000 shares worth INR 3.88 crores and an offer to sell 560,000 shares worth INR 2.24 crores. The company aims to develop content studios, procure IT, enhance branding, and build a comprehensive LMS. 

Sodhani Academy of Fintech Enablers IPO – Important Dates 

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Sodhani Academy Of Fintech Enablers Limited IPO – Company Profile 

Sodhani Academy of Fintech Enablers Limited provides training, consultancy, and learning services focused on financial literacy and awareness, helping learners understand financial concepts, manage money, budget, save, invest, and comprehend financial products and services. 

The company expanded its financial literacy training and consultancy services post-2020, focusing on financial planning and stock market basics. The pandemic accelerated online learning, driving growth in participants and session deliveries. 

Their training programs cater to students, non-working individuals, and homemakers, providing financial literacy courses, seminars, and sessions. They emphasize turning theory into practical skills, ensuring learners gain sustainable financial knowledge and competence. 

Sodhani Academy of Fintech Enablers Ltd IPO Fundamental Analysis 

Sodhani Academy of Fintech Enablers Ltd has shown a mixed financial performance in its IPO analysis. While revenue and profitability have grown, declines in EPS and RoNW raise concerns about its efficiency and shareholder returns.

1. Revenue Trend: The revenue increased from INR 188.19 lakh in March 2022 to INR 203.45 lakh in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 306.95 lakh.  

2. Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating reduced reliance on debt financing. 

3. Profitability: The profit after tax (PAT) has increased from INR 123.91 lakh in March 2022 to INR 183.17 lakh by March 2024. The rise in profitability could be a source of confidence for investors. 

4. Earnings per Share (EPS): The diluted EPS has reduced from INR 10.42 in March 2022 to INR 3.88 by March 2024.

5. Return on Net Worth (RoNW): The RoNW has reduced from 36.63% to 27.91%, indicating a decrease in the company’s ability to generate returns on shareholder equity. 

6. Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations. 

Sodhani Academy of Fintech Enablers IPO Financial Analysis 

Sodhani Academy Of Fintech Enablers Limited IPO Peer Comparison

While the company operates in the Education and Financial Literacy Industry there are no listed companies that are engaged in the business exactly similar to Sodhani Academy.

Sodhani Academy of Fintech Enablers Ltd IPO Objective

The main objective of Sodhani Academy’s IPO is to allocate INR 0.80 crore for a new content studio and offline training in Jaipur, INR 0.60 crore for IT procurement, INR 0.50 crore for course development, INR 0.35 crore for brand awareness, and INR 0.10 crores for LMS integration.

1. Building content studio and offline training infrastructure: The company proposes to build a second content studio and offline training infrastructure at one more location in Jaipur in addition to the existing content studio and offline training infrastructure. The company plans to utilise INR 0.80 crores. 

2. Information Technology Procurement: The Company has earmarked an amount of up to INR 0.60 crores out of the Net Proceeds of Fresh Issue for building the purchase of Computers / Laptops and other hardware and software.

3. Content Development for Course Material: The proposed course and content portfolio will be developed by experienced professionals having in-depth knowledge of the specific subject context. The estimated cost of expanding is INR 0.50 crores. 

4. Enhancement of brand visibility and awareness: The Company plans to earmark up to INR 0.35 crores towards the expenditure for enhancing visibility and awareness.

5. Learning Management System Application development: The company firmly believes that establishing a digital presence is essential for the success of the business model. In order to effectively engage with the potential and existing students and learners through a digital interface, the company intends to allocate up to INR 0.10 crores towards integrating the existing website (www.safefintech.in) with a Learning Management System Application (LMS).

Sodhani Academy of Fintech Enablers IPO Risks And Challenges

Sodhani Academy of Fintech Enablers IPO risk includes dependency on reputation and service quality. Regulatory changes, cyber-security breaches, and past negative cash flows could impact operations and future viability in the unregulated learning and training sector.

1. The ability to attract new learners is dependent upon various factors including the reputation and the ability to maintain a high level of service quality.

2. The learning and training sector in which the company operates is not specifically regulated. The central and state governments may change the existing regulations or introduce a new regulatory framework in the future.

3. A cyber-security breach could adversely affect the operations.

4. The company has generated negative cash flow in the past. Sustained negative cash flows will impact the feasibility of the operations of the company.

Sodhani Academy of Fintech Enablers Ltd IPO – Industry & Market Potential

Education is fundamental for achieving full human potential, developing an equitable and just society, and promoting national development. Providing universal access to quality education is the key to India’s continued ascent, and leadership on the global stage in terms of economic growth, social justice, and equality. 

India is one of the leading countries in the online education sector. The Indian online education market is set to witness tremendous growth in the coming years. According to KPMG, India has become the second largest market for e-learning after the US. The market is poised to grow by USD 2.28 billion from 2022 to 2026 at a CAGR of 19.50%. By providing affordable and cutting-edge online education solutions to developed and developing countries, Indian growth will see a further increase.

Sodhani Academy Of Fintech Enablers Limited IPO – Type of Offer

Sodhani Academy Of Fintech Enablers Limited is coming with an IPO consisting of a fresh issue of 9,70,000 shares worth INR 3.88 crores and an offer to sell 560,000 shares worth INR 2.24 crores. The company aims to develop content studios, procure IT, enhance branding, and build a comprehensive LMS. 

1. Fresh Issue: The company will issue new shares to raise capital, aiming to collect INR 3.88 crores. The company aims to develop content studios, procure IT, enhance branding, and build a comprehensive LMS. 
2. Offer for sale: The company is offering to sell 5,60,000 existing shares. The following are the details of the existing shareholders who are also the promoters selling the shares:

Sodhani Academy of Fintech Enablers IPO Offer Size

The offer size of Sodhani Academy of Fintech Enablers is INR 6.12 crores, consisting of a fresh issue of 9,70,000 shares worth INR 3.88 crores and an offer to sell 560,000 shares worth INR 2.24 crores. Sodhani Academy plans to develop content studios, procure IT, enhance branding, and build an LMS.

Sodhani Academy Of Fintech Enablers Limited IPO Allotment Structure 

Sodhani Academy Of Fintech Enablers Limited’s IPO allotment structure includes a category for Retail Individual Investors (RII) with investments below ₹2 lakhs, a category for other investors exceeding ₹2 lakhs, and a reservation of 78,000 shares for Market Makers. 

• Retail Individual Investors (RII): These individual investors apply for shares with a total value of less than Rs.2 lakhs.

• Other than retail individual investors: Such applications where the value exceeds INR 2 lakhs. 

• Market Makers Reservation: A certain percentage or number of shares is reserved for market makers. The company has set aside 78,000 shares for this purpose. 

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

To apply for the Sodhani Academy of Fintech Enablers Limited IPO through Alice Blue, follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

1. Check for IPO Details: Once your account is active, you can check for the Sodhani Academy of Fintech Enablers Limited IPO details in the IPO section of the Alice Blue platform.
2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
3. Submit the Application: Confirm all your details and submit your application.

 You can apply for the Sodhani Academy of Fintech Enablers Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

How do you check Sodhani Academy of Fintech Enablers IPO Allotment Status?

Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:

1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
4. Select the Sodhani Academy of Fintech Enablers Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Sodhani Academy of Fintech Enablers Limited IPO.
5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.

 If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance. 

Apart from Alice Blue, there are other ways to check the allotment status of the Sodhani Academy of Fintech Enablers Limited IPO:

● Registrar’s Website: Visit the website of Cameo Corporate Services Limited, the registrar of the Sodhani Academy of Fintech Enablers Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.

● BSE SME: You can also check the allotment status on the official websites of the Bombay Stock Exchange (NSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status. 

Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.

Sodhani Academy of Fintech Enablers Ltd IPO Offer Registrar

The registrar for the Sodhani Academy of Fintech Enablers Limited IPO is Cameo Corporate Services Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.

Contact information for the registrar: 

Cameo Corporate Services Limited

Subramanian Building

No. 1, Club House Road,

Chennai – 600 002, India

Tel No: 044-40020700 / 28460390

Email: [email protected]

Website: www.cameoindia.com

Sodhani Academy of Fintech Enablers IPO – FAQs