IPO Price Range: ₹40 - 40
Min Investment
₹1,20,000
IPO Size
₹6 Cr
IPO Status
Quantity in 1 Lot
3000
Max Bid allowed
1
Listing Exchange
BSE
Bid Opening Date | 12 Sep 2024 |
Bid Closing Date | 17 Sep 2024 |
Allotment Date | 18 Sep 2024 |
Issue Size | ₹6.12Cr |
Quantity in 1 lot | 3000 |
Proven track record of its trainers.
Brand Image.
Technology driven, Asset light and Scalable business model.
Focus on Practice and learning.
Diversified course offerings.
Pandemic Proof Model.
A significant portion of the company operating revenue is derived from the business of learning, training and consultancy activities. Failure to attract potential learners in the courses due to factors, including but not limited to an unsatisfactory success ratio, may adversely affect its revenues, business, results of operations and prospects.
The company ability to attract new learners is dependent upon various factors including the company reputation and its ability to maintain a high level of service quality.
As on date the company has 8 Trainers who are engaged with it on full time basis. The company is substantially dependent on its trainers and its ability to attract and retain them for the companys business delivery. Sudden decrease in the number of its trainers due to attrition or the company inability to on board new trainers may affect its operations and business.
The learning and training sector in which its operate is not specifically regulated. The central and state governments may change the existing regulations or introduce a new regulatory framework in the future. The impact of such changes or new regulations on the business cannot be ascertained presently and may affect the company business adversely in the future.
The company has no outstanding litigation against it whose adverse outcome may adversely affect its business, reputation and results of operations.
One of the promoter group members is associated with a Company that had instance of non-compliance on exchange where it is listed and also case is pending against the Company in NCLT.
The premises of its Registered Office from where the company is currently operating and its existing content studio and offline training centre has been taken on lease by the company from its promoter. In the event of termination or non-renewal of the leases, its business and revenues may be adversely affected.
There are certain non-compliances noticed in few of its corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 1956 and 2013. Any penalty or action taken by any regulatory authorizes in future, for non-compliance with provisions of corporate or any other law could impact the financial position of the Company to that extent.
Its past profit margins and financial ratios may not be indication of the company future profits.
In the past its total revenues had a substantial contribution from other income.
Investors | Holdings % |
Rajesh Kumar Sodhani | 38.89% |
Priya Sodhani | 31.48% |
Rajesh Kumar Sodhani HUF | 29.6% |
Organisation | Sodhani Academy of Fintech Enablers Ltd |
Headquarters | Jaipur |
Industry | Miscellaneous |