31 Mar 2022
Assets3.63
Total Income1.88
Profit After Tax1.24
NET Worth3.38
Reserves and Surplus3.11
Total Borrowing0.04
At a glance
Updated 2026-08-24The shares listed at ₹53.00, a 32.50% move from the issue price. Sodhani Academy of Fintech Enablers is a SME IPO with an issue size of ₹6.12 crore, proposed for listing on BSE SME. The offer opens on 12th Sep 2024 and closes on 17th Sep 2024. The issue structure includes a fresh issue of ₹3.57 crore and an offer-for-sale component of ₹2.24 crore. The current listing schedule points to 23rd Sep 2024.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹6.12 Cr
Fresh issue₹3.57 Cr
Offer for sale₹2.24 Cr
Face value₹10
Price band—–—
Allotment18th Sep 2024
Listing23rd Sep 2024
Listing performance
Full performance ↗Issue price₹40.00
Listing price₹53.00
Current price—
Listing gain32.50%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹12.00
GMP / upper priceNO DATA
Est. listing₹52.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens12th Sep 2024
Closes17th Sep 2024
Allotment18th Sep 2024
Refund19th Sep 2024
Demat19th Sep 2024
Listing23rd Sep 2024
Subscription demand
Full bidding ↗Total438.72×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Building content studio and offline training infrastructure | ₹0.80 Cr |
| Information Technology (Hardware including Software) Procurement | ₹0.60 Cr |
| Content Development for course material | ₹0.50 Cr |
| Enhancement of brand visibility and awareness | ₹0.35 Cr |
| Learning Management System (LMS) Application development | ₹0.10 Cr |
| General Corporate Purpose | ₹0.75 Cr |
Financials
Full financials ↗31 Mar 2023
Assets5.02
Total Income2.03
Profit After Tax1.39
NET Worth4.77
Reserves and Surplus3.42
Total Borrowing0.03
31 Mar 2024
Assets6.60
Total Income3.07
Profit After Tax1.83
NET Worth6.56
Reserves and Surplus1.84
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 27.91% |
| ROCE | 36.77% |
| RoNW | 27.91% |
| PAT Margin | 89.00% |
Valuation & shareholding
Pre-IPO EPS3.88
Post-IPO EPS3.22
Pre-IPO P/E10.32
Post-IPO P/E12.44
Promoter holding pre99.99%
Promoter holding post73.12%
Market cap₹22.78 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹0.60 Cr |
| Printing & Stationery, Distribution, Postage, etc. | ₹0.10 Cr |
| Advertisement and Marketing Expenses | ₹0.03 Cr |
| Stock Exchange Fees, Regulatory and other Expense | ₹0.05 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Srujan Alpha Capital Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.