Sodhani Academy of Fintech Enablers Limited

Company Profile
Company Name Sodhani Academy of Fintech Enablers Limited
Open Date 12-09-2024
Close Date 17-09-2024
Exchange BSE SME
Lot Size 3000 Shares
Issue Price ₹40 per share
Issue Size ₹6.12 Cr
Application Amount ₹120,000
Recommendation Avoid
Incorporated as "Sodhani Financial Consultants Private Limited" in 2009, the company has their registered office in Jaipur, Rajasthan, India. Business Activity: The company specializes in training, consultancy, and learning services, with a focus on financial literacy and awareness. It equips learners with essential financial skills, including budgeting, saving, investing, and understanding basic financial products. Revenue Model: Sodhani Academy earns revenue from financial literacy courses. Webinars cost ₹450-5,000 per registration. Short courses (under 3 months) have course fees ranging from ₹5,000-15,000 per participant, while long courses (over 3 months) have course fees ranging from ₹20,000-75,000 per participant. Corporate training is priced at ₹2-5 lakhs, either lump sum or per participant. As of December 30, 2023, the company employed 12 full-time employees and 2 professional trainers under the professional employment model.
(Read more on the review)

Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 185.89 137.58 205.08
EBITDA 171.11 109.58 140.54
Net Profit 123.91 139.40 183.18
RoCE 50.59% 22.98% 21.24%
ROE 36.63% 29.23% 27.91%
P/E 3.84 13.56 10.31

Tentative Timeline

Opening Date 12-09-2024
Closing Date 17-09-2024
Basis of Allotment 18-09-2024
Initiation of Refunds 19-09-2024
Credit of Shares to Demat 19-09-2024
Listing Date 20-09-2024

Objects of the Issue

Building content Studio and Offline training infrastructure.
Information Technology (Hardware including Software) Procurement.
Content Development for course material.
Learning Management System (LMS) Application development; and
General Corporate Purposes.

Contact Information

Registered Office Sodhani Academy of Fintech Enablers Limited P No. C 373, First Floor, C Block Vaishali Nagar,
Phone 0141- 2358107
Email safe.fintech3105@gmail.com
Website http://www.safefintech.in/

Registrar Details

Name Cameo Corporate Services Limited
Phone +91-44-28460390
Email investor@cameoindia.com
Website https://ipo.cameoindia.com/

IPO Reservation

Market Maker Shares Offered 78,000 (5.1%)
Other Shares Offered 7,26,000 (47.45%)
Retail Shares Offered 7,26,000 (47.45%)

Shareholding Pattern

Shareholding Pre Issue (Promoters) 99.99%
Shareholding Post Issue (Promoters) 82.96%

Contact Us to Enable Your Success!