Sodhani Academy of Fintech Enablers Limited IPO GMP

Sodhani Academy of Fintech Enablers is engaged in the business of providing training, consultancy and learning services. Their focus area of service delivery has been under the domain of financial literacy and awareness. Financial literacy and awareness domain broadly refers to the knowledge and understanding of various financial concepts and skills that enable learners to make informed and responsible decisions regarding financial matters.

Sodhani Academy of Fintech Enablers, an Fixed Price Issue amounting to ₹6.12 Crores, consisting an Fresh Issue of 9.7 Lakh Shares worth ₹3.88 Crores and an Offer for Sale of 5.6 Lakh Shares totalling to ₹2.24 Crores. The subscription period for the Sodhani Academy of Fintech Enablers IPO opens on September 12, 2024, and closes on September 17, 2024. The allotment is expected to be finalized on or about September 18, 2024; Wednesday, and the shares will be listed on the BSE SME with a tentative listing date set on or about September 20, 2024; Friday.

The Share price of Sodhani Academy of Fintech Enablers IPO is set at ₹40 equity per share, with a minimum lot size of 3,000 shares. Retail investors are required to invest a minimum of ₹120,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (6,000 shares), amounting to ₹240,000.

SRUJAN ALPHA CAPITAL ADVISORS LLP is the book-running lead manager, Cameo Corporate Services Limited is the registrar for the Issue. Prabhat Financial Services Limited is the sole Market Marker for the Sodhani Academy of Fintech Enablers IPO.

Sodhani Academy of Fintech Enablers Limited IPO GMP Today
The Grey Market Premium of Sodhani Academy of Fintech Enablers Limited IPO is expected in the range of ₹14 to ₹16 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Sodhani Academy of Fintech Enablers Limited IPO Live Subscription Status Today
As of 03:48 PM on 16 September 2024, the Sodhani Academy of Fintech Enablers Limited IPO live subscription status shows that the IPO subscribed 40.40 times on its Third day of subscription period. Check the Sodhani Academy of Fintech Enablers Limited IPO Live Subscription Status Today at BSE.

Sodhani Academy of Fintech Enablers Limited IPO Allotment Status
Sodhani Academy of Fintech Enablers IPO allotment date is 18 September, 2024, Wednesday. Sodhani Academy of Fintech Enablers IPO Allotment will be out on 16th September 2024 and will be live on Registrar Website from the allotment date. Check Sodhani Academy of Fintech Enablers Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Sodhani Academy of Fintech Enablers Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Sodhani Academy of Fintech Enablers Limited IPO
Sodhani Academy of Fintech Enablers Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹80.00 Lakhs is required for Building content studio and offline training infrastructure 
2. ₹60.00 Lakhs is required for Information Technology (Hardware including Software) Procurement 
3. ₹50.00 Lakhs is required for Content Development for course material 
4. ₹35.00 Lakhs is required for Enhancement of brand visibility and awareness 
5. ₹10.00 Lakhs is required for Learning Management System (LMS) Application development 
6. ₹75.00 Lakhs is required for General Corporate Purpose

Refer to Sodhani Academy of Fintech Enablers Limited RHP for more details about the Company.