Sodhani Academy of Fintech IPO Live Subscription Status: Sodhani Academy of Fintech IPO is Open on 12 September 2024 and Close on 17 September 2024. Sodhani Academy of Fintech IPO to Raise 1,530,000 shares (Approx ₹6.12 Cr) via IPO. The Fresh Issue is 970,000 Shares (Approx ₹3.88 Cr) and The Offer For Sale is 560,000 shares of ₹10 (Approx ₹2.24 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%
The Sodhani Academy of Fintech IPO is an SME IPO and Listed on BSE SME. Sodhani Academy of Fintech IPO Price Band is Fixed at ₹40 Equity Share. Sodhani Academy of Fintech IPO Lot Size is 3000 Shares.
Also Read: Sodhani Academy of Fintech Enablers IPO
Sodhani Academy of Fintech IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Non Institutional Buyers (NIIs) | 7,26,000 | 37,12,35,000 | 511.34 |
| Retail Individual Buyers (RIIs) | 7,26,000 | 26,02,50,000 | 358.47 |
| Market Maker | 78,000 | 78,000 | 1 |
| Total | 14,52,000 | 63,70,20,000 | 438.72 |
Sodhani Academy of Fintech IPO Subscription Status day-by-day-
| Categories | 12 Sep | 13 Sep | 16 Sep | 17 Sep |
|---|---|---|---|---|
| NII | 1.13 | 3.48 | 18.70 | 511.34 |
| RII | 3.10 | 16.32 | 79.22 | 358.47 |
| Total | 2.11 | 9.90 | 48.96 | 438.72 |
About IPO :
Sodhani Academy of Fintech was originally incorporated in 1956, Our company engaged in the business of providing training, consultancy and learning services. Our 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. We 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.
Our 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.
We aim at transforming theory into hands-on practice for learners to achieve adequate and sustainable financial learning. To offer learning solutions which would enable inclusive growth of our learners and helps them to achieve financial literacy through right mix of education and practical learning.
Going forward, our Company plans to create learning methodologies that would enable inclusive growth of all learners to achieve financial literacy through adequate mix of education and practical learning.
Sodhani Academy of Fintech holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets.
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
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