The Sodhani Academy of Fintech Enablers IPO has garnered significant interest from investors due to its promising market position. As the allotment date approaches, investors are eagerly awaiting confirmation of their share allocation. In this post, we’ll cover everything you need to know about checking the allotment status, key dates, and subscription details for the Sodhani Academy of Fintech Enablers IPO.
For investors, knowing how to check their IPO allotment status is crucial to track their investment. We will guide you through the steps and provide the necessary information regarding the IPO allotment process.
Important Dates and Allotment Status
The Sodhani Academy of Fintech Enablers IPO allotment status is expected to be available on September 18, 2024. The allotment status will only be available after the basis of allotment is finalized. Investors are advised to stay updated by revisiting the official IPO allotment pages, such as the Cameo India IPO allotment page.
How to Check Sodhani Academy of Fintech Enablers IPO Allotment Status
Once the allotment is finalized, here’s how you can check the status:
- Visit the official Cameo India IPO Allotment Page.
- Select the company name from the dropdown.
- Enter your PAN Number, Application Number, or DP Client ID.
- Click on Search.
- If allotted, the details of the shares allotted to you will appear on the screen, and the equivalent shares will be credited to your Demat account.
In case of any discrepancies or queries regarding the allotment, you can contact Cameo Corporate Services Limited via phone (+91-44-28460390) or by sending an email to investor@cameoindia.com.
Sodhani Academy of Fintech Enablers IPO Subscription Details
The Sodhani Academy of Fintech Enablers IPO received significant demand from investors across various categories, with a total subscription of 48.96 times by September 16, 2024. Below is a breakdown of the subscription status by investor category:
| Investor Category | Subscription (times) | Shares Offered | Total Shares Bid | Total Amount (Rs Cr) |
|---|---|---|---|---|
| Market Maker | 1 | 78,000 | 78,000 | 0.31 |
| Non-Institutional Investors** | 18.70 | 726,000 | 1,35,75,000 | 54.30 |
| Retail Investors | 79.22 | 726,000 | 5,75,13,000 | 230.05 |
| Total | 48.96 | 14,52,000 | 7,10,88,000 | 284.35 |
For detailed updates, you can visit the IPO Subscription page on our website.
Sodhani Academy of Fintech Enablers IPO Share Allocation
The public issue involves a total of 1,530,000 equity shares, with 726,000 shares allocated to retail investors and 726,000 shares reserved for other investors, including HNIs and institutions. Below is a summary of the share allocation:
| Category | Shares Offered | Amount (Rs Cr) | Percentage (%) |
|---|---|---|---|
| Market Maker | 78,000 | 0.31 | 5.10% |
| Retail Investors | 726,000 | 2.90 | 47.45% |
| Other Investors | 726,000 | 2.90 | 47.45% |
| Total | 1,530,000 | 6.12 | 100% |
Categories of Investors in Sodhani Academy of Fintech Enablers IPO
Understanding the categories of investors is essential for anyone planning to invest in IPOs:
- Qualified Institutional Buyers (QIB): Banks, financial institutions, FIIs, and mutual funds.
- Non-Institutional Investors (NII): HNIs, corporates, trusts, and NRIs who invest more than Rs 2 lakhs.
- Retail Individual Investors (RII): Individuals who invest up to Rs 2 lakhs.
- Market Makers: Entities that provide liquidity for the stock by buying and selling at pre-determined prices.
For further details on the categories, check out our dedicated section on IPO Allotment.
Internal Links for Enhanced User Experience
We recommend checking these pages for more detailed information on upcoming IPOs and their processes:
Final Thoughts
As the IPO process continues, investors are eagerly waiting for the allotment to be finalized. With the overwhelming subscription numbers, it’s clear that Sodhani Academy of Fintech Enablers IPO has generated massive interest. We encourage investors to follow the steps mentioned above to check their allotment status and stay informed through reliable platforms.
For more information on IPOs, including reviews and allotment tips, feel free to visit our IPO Review page and IPO Allotment Tips.
Stay tuned for the latest updates and happy investing!
FAQs
- When will the Sodhani Academy of Fintech Enablers IPO allotment status be available?
The allotment status is expected to be available on September 18, 2024. - Where can I check the Sodhani Academy of Fintech Enablers IPO allotment status?
You can check it on the Cameo India IPO Allotment page. - What details are needed to check the IPO allotment status?
You will need your PAN Number, Application Number, or DP Client ID. - What should I do if I have concerns about my allotment status?
Contact Cameo Corporate Services Limited via phone or email for assistance.
This blog post aims to provide a comprehensive guide on the Sodhani Academy of Fintech Enablers IPO allotment. Remember to check back for more updates!
