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.

Check latest IPO Review & analysis, Live GMP today, Live Subscription Status Today, Share Price, Financial Information, latest IPO news, Upcoming IPO News before applying in the IPO.

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The current active IPO is Sodhani Academy of Fintech Enablers Limited, Excellent Wires and Packaging Limited, Innoment Advanced Materials Limited, P N Gadgil Jewellers, Share Samadhan Limited, Gajanand International Limited.

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About Sodhani Academy of Fintech Enablers Limited

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. It encompasses the ability to manage money effectively, budget wisely, save and invest prudently, and comprehend basic financial products and services.

They believe a strong foundation in financial literacy empowers learners to navigate the complexities of the financial world, make sound financial choices, and plan for their future financial well-being. Their training, consultancy and learning services have majorly been focused in the areas of financial planning, fundamental analysis, technical analysis, basics of stock market and retirement planning. They identified the opportunity in the business domain of training, consultancy and learning around the end of year 2020. Accordingly they initiated the development of content, trainers and supportive delivery infrastructure. The year 2021 was largely the initial year of operation in the domain of training and learning solutions under financial literacy, hence the revenues were at nascentstage.

Their learners base comprises of various categories of participants such as students (both pursuing active education and qualified candidates) graduates (collectively being referred as "Students"), individuals who are presently not working and homemakers, (collectively being referred as "Learners") through their courses, seminars, sessions and material in the area of financial literacy and awareness. They aim at transforming theory into hands-on practice for learners to achieve adequate and sustainable financial learning.

INDIAN EDUCATION SECTOR
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, scientific advancement, national integration, and cultural preservation. Universal high-quality education is the best way forward for developing and maximizing our country's rich talents and resources for the good of the individual, the society, the country, and the world. 

India holds an important place in the global education industry. According to IBEF, EDUCATION SECTOR IN INDIA INDUSTRY REPORT, February 2023, the country has more than 1.5 million schools with over 260 million students enrolled and about 1,072 universities and 43796 colleges. India has one of the largest higher education systems in the world. However, there is still a lot of potential for further development in the education system. The Indian edtech market size is expected to reach US$ 30 billion by 2031, from US$ 700-800 million in 2021. According to KPMG, India has also become the second largest market for E-learning after the US. 

The online education market in India is expected to grow by US$ 2.28 billion during 2021-2025, growing at a CAGR of almost 20%. The market grew by 19.02% in India in 2021.

According to IBEF, the education market in India is currently valued at US$ 117 billion and is expected to nearly double to US$ 225 billion by 2025. Currently, the school segment contributes 52 per cent to the education market in India, higher education contributes 15 per cent of the market size, text-book, e-learning and allied services contribute 28 per cent and vocational education in manufacturing and services contributes 5 per cent. Higher education system in India has undergone rapid expansion. Currently, India ‘s higher education system is the second largest in the world enrolling over 70 million students while in less than two decades, India has managed to create additional capacity for over 40 million students. 

India will have the highest population of young people in the world over the next decade, and our ability to provide highquality educational opportunities to them will determine the future of our country.

DigitalEducationIndustry
Online education is learning that takes place over the Internet and may be defined as electronically supported learning that is based on the Internet for teacher-student interactions and the distribution of class materials. Online education in India of fersa variety of course categories, including curriculum-based coaching, test preparatory coaching, higher education degree courses, reskilling and skill enhancement programs, and language and casual learning. Before the pandemic, online education was mostly preferred by non-traditional students – students who were working full time or raising families, though it was gaining popularity due to wider accessto internet and lack of quality coaching centres in Tier-2/Tier-3 cities.

The digital education industry comprises companies providing multimedia content and digital hardware to aid teaching in private and Government schools, colleges, and training centres, and for personal usage as well as for corporates. 

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 COMPETITIVE STRENGTHS
1. Proven track record of our trainers
2. Brand Image
3. Technology driven, Asset light and Scalable business model
4. Focus on Practice and learning
5. Diversified course offerings
6. Pandemic Proof Model

SODHANI ACADEMY OF FINTECH ENABLERS LIMITED STRATEGIES
1. Course Learner Satisfaction
2. Brand building strategy
3. Develop and expand our course content
4. Financial Literacy through IAPs (Investors Awareness Programme)
5. Master class with mutual fund and insurance companies

SODHANI ACADEMY OF FINTECH ENABLERS LIMITED RISK FACTORS & CONCERNS
1. A significant portion of their operating revenue is derived from their business of learning, training and consultancy activities.
2. As on date they have 8 Trainers who are engaged withthem on full time basis and they are substantially dependent on their trainers.
3. The learning and training sector in which they operate is not specifically regulated.
4. Their ability to attract new learners is dependent upon various factors including their reputation and their ability to maintain a high level of service quality.