Sodhani Academy of Fintech Enablers IPO vs Trafiksol ITS Technologies IPO

Comparision between Sodhani Academy of Fintech Enablers IPO and Trafiksol ITS Technologies IPO.

IPO Details

Sodhani Academy of Fintech Enablers IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Trafiksol ITS Technologies IPO is a SME Book Built Issue proposed to list at BSE SME.

	Sodhani Academy of Fintech Enablers IPO	Trafiksol ITS Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Srujan Alpha Capital Advisors Llp	Ekadrisht Capital Private Limited
Registrar	Cameo Corporate Services Limited	Maashitla Securities Private Limited
Market Maker	Prabhat Financial Services Ltd.	Ss Corporate Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Sodhani Academy of Fintech Enablers IPO is up to ₹6.12 Cr whereas the issue size of the Trafiksol ITS Technologies IPO is up to ₹44.87 Cr. The final issue price of Sodhani Academy of Fintech Enablers IPO is ₹40.00 per share and of Trafiksol ITS Technologies IPO is ₹70.00 per share.

	Sodhani Academy of Fintech Enablers IPO	Trafiksol ITS Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹66.00 per share
Issue Price (Upper)		₹70.00 per share
Issue Price (Final)	₹40.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	9,70,000 shares	64,10,000 shares
Fresh Issue Size (Amount)	up to ₹3.88 Cr	up to ₹44.87 Cr
OFS Issue Size	5,60,000 shares
OFS Issue Size (Amount)	up to ₹2.24 Cr
Issue Size Total	15,30,000 shares	64,10,000 shares
Issue Size Total (Amount)	up to ₹6.12 Cr	up to ₹44.87 Cr

IPO Timetable

Sodhani Academy of Fintech Enablers IPO opens on Sep 12, 2024, while Trafiksol ITS Technologies IPO opens on Sep 10, 2024. The closing date of Sodhani Academy of Fintech Enablers IPO and Trafiksol ITS Technologies IPO is Sep 17, 2024, and Sep 12, 2024, respectively.

	Sodhani Academy of Fintech Enablers IPO	Trafiksol ITS Technologies IPO
Anchor Bid Date		Sep 09, 2024
Issue Open	Sep 12, 2024	Sep 10, 2024
Issue Close	Sep 17, 2024	Sep 12, 2024
Basis Of Allotment (Tentative)	Sep 18, 2024	Sep 13, 2024
Initiation of Refunds (Tentative)	Sep 19, 2024	Sep 16, 2024
Credit of Share (Tentative)	Sep 19, 2024	Sep 16, 2024
Listing date (Tentative)	Sep 20, 2024
Anchor Lockin End date 1		Oct 13, 2024
Anchor Lockin End date 2		Dec 12, 2024

Financials

Sodhani Academy of Fintech Enablers IPO P/E ratio is 10.32, as compared to Trafiksol ITS Technologies IPO P/E ratio of 10.38.

Sodhani Academy of Fintech Enablers IPO

Trafiksol ITS Technologies IPO

Financial

Sodhani Academy of Fintech Enablers Limited Financial Information (Restated)

Sodhani Academy of Fintech Enablers Limited's revenue increased by 51% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	660.04	501.57	363.2
Revenue	306.95	203.45	188.19
Profit After Tax	183.17	138.6	123.91
Net Worth	656.22	476.85	338.25
Reserves and Surplus	183.72	341.85	311.25
Total Borrowing		2.65	4.1
Amount in ₹ Lakhs

Trafiksol ITS Technologies Limited Financial Information (Restated Consolidated)

Trafiksol ITS Technologies Limited's revenue increased by 80% and profit after tax (PAT) rose by 153% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	6,215.52	3,363.17	2,284.01
Revenue	6,608.5	3,675	2,801.92
Profit After Tax	1,209.3	477.85	205.19
Net Worth	3,412.62	1,208.79	730.94
Reserves and Surplus	1,620.12	1,198.79	720.94
Total Borrowing	1,050.24	798.7	506.42
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

60.71%

Promoter Shareholding (Post-Issue)

73.12%

44.72%

P/E Ratio

10.32

10.38

Market Cap

₹22.78 Cr.

₹170.34 Cr.

ROE

27.91%%

52.12%%

ROCE

36.77%%

42.47%%

Debt/Equity

0.31

EPS

₹3.88

₹6.75

RoNW

27.91%%

35.44%%

Shares Offered

In the Sodhani Academy of Fintech Enablers IPO retail investors (RII) are offered 7,26,000 shares while in Trafiksol ITS Technologies IPO retail investors are offered 7,26,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sodhani Academy of Fintech Enablers IPO and 12,18,000 shares in Trafiksol ITS Technologies IPO.

	Sodhani Academy of Fintech Enablers IPO	Trafiksol ITS Technologies IPO
Anchor Investor Reserveration		18,22,000 shares
Market Maker Reserveration	78,000 shares	3,22,000 shares
QIB	0 shares	12,18,000 shares
NII	7,26,000 shares	9,14,000 shares
RII	7,26,000 shares	21,34,000 shares
Employee	0 shares	0 shares
Others
Total	14,52,000 shares	42,66,000 shares

Bids Received (Subscription)

Sodhani Academy of Fintech Enablers IPO subscribed 438.72x in total, whereas Trafiksol ITS Technologies IPO subscribed 345.65x.

	Sodhani Academy of Fintech Enablers IPO	Trafiksol ITS Technologies IPO
QIB (times)		129.22x
NII (times)	511.34x	699.40x
Big NII (times)
Small NII (times)
RII (times)	358.47x	317.66x
Employee (times)
Other (times)
Total (times)	438.72x	345.65x

Compare with others

Sodhani Academy of Fintech Enablers IPO	Trafiksol ITS Technologies IPO
BikeWo GreenTech IPO	Paramount Speciality Forgings IPO
Pelatro IPO	Popular Foundations IPO
Osel Devices IPO	Sodhani Academy of Fintech Enablers IPO
Paramount Speciality Forgings IPO	Deccan Transcon Leasing IPO
Popular Foundations IPO	Envirotech Systems IPO
Deccan Transcon Leasing IPO	Gajanand International IPO
Envirotech Systems IPO	Innomet Advanced Materials IPO
Trafiksol ITS Technologies IPO	SPP Polymer IPO
Gajanand International IPO	Share Samadhan IPO
Innomet Advanced Materials IPO	Shubhshree Biofuels Energy IPO

Comments

Add a public comment...