Sodhani Academy of Fintech Enablers IPO Review

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.

Financially, Sodhani Academy of Fintech Enablers revenue is stable from ₹188.19 Lakhs in FY22 to ₹203.45 Lakhs in FY23 and currently at ₹306.95 Lakhs in FY24. Similarly, EBITDA is also stable from ₹173.40 Lakhs in FY22 to ₹175.44 Lakhs in FY23 and currently at ₹241.27 Lakhs in FY24. The PAT also stable from ₹123.91 Lakhs in FY22 to ₹139.39 Lakhs in FY23 and currently at ₹183.17 Lakhs in FY24. This indicates a steady financial performance.

For the Sodhani Academy of Fintech Enablers IPO, the company is issuing shares at a pre-issue EPS of ₹3.88 and a post-issue EPS of ₹3.21. The pre-issue P/E ratio is 10.30x, while the post-issue P/E ratio is 12.46x. The company's ROCE for FY24 is 36.77% and RoAE for FY24 is 32.33%. These metrics suggest that the IPO is fairly priced.

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. Given the company's financial performance and the valuation of the IPO, we recommend only risky Investors to Apply to the Sodhani Academy of Fintech Enablers Limited IPO for Listing gain or long term investment purposes.

Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. 

About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms during the training period. He is good at Technical analysis and Fundamental Analysis and uses both Technical and Fundamental analysis along with five other important factors that affect the movement of the Market namely Global Market Analysis, Upcoming Event Analysis, Institutional Money Analysis, Derivative Data Analysis, and Emotions and Sentiment of Traders and Investors in his Framework called - Technical Fundamental GUIDE to find the winning Trades.
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