Comparison between Gajanand International IPO and Sodhani Academy of Fintech IPO.
Gajanand International IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sodhani Academy of Fintech IPO is a SME Fixed Price proposed to list at BSE SME.
| Gajanand International IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fast Track Finsec Pvt.Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gajanand International IPO is up to ₹19.61 Cr whereas the issue size of the Sodhani Academy of Fintech IPO is up to ₹5.81 Cr. The final issue price of Gajanand International IPO is ₹36.00 per share and of Sodhani Academy of Fintech IPO is ₹40.00 per share.
| Gajanand International IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹36.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 54,48,000 shares | 8,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.61 Cr | up to ₹3.57 Cr |
| OFS Issue Size | 0 shares | 5,60,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.24 Cr |
| Issue Size Total | 54,48,000 shares | 14,52,000 shares |
| Issue Size Total (Amount) | up to ₹19.61 Cr | up to ₹5.81 Cr |
Gajanand International IPO opens on Sep 09, 2024, while Sodhani Academy of Fintech IPO opens on Sep 12, 2024. The closing date of Gajanand International IPO and Sodhani Academy of Fintech IPO is Sep 11, 2024, and Sep 17, 2024, respectively.
| Gajanand International IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2024 | Sep 12, 2024 |
| Issue Close | Sep 11, 2024 | Sep 17, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 18, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 19, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 19, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 23, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gajanand International IPO P/E ratio is 21.08, as compared to Sodhani Academy of Fintech IPO P/E ratio of 10.32.
| Gajanand International IPO | Sodhani Academy of Fintech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Gajanand International Limited Financial Information (Restated)Gajanand International Limited's revenue increased by 48% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2024 and March 31, 2023.
| 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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.50 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.34 | 73.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.08 | 10.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹67.81 Cr. | ₹22.78 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.30% | 27.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.72% | 36.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.71 | ₹3.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.30% | 27.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gajanand International IPO Retail Individual Investors (RII) are offered 27,24,000 shares while in Sodhani Academy of Fintech IPO retail investors are offered 27,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Gajanand International IPO and in Sodhani Academy of Fintech IPO.
| Gajanand International IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 2,88,000 shares | 78,000 shares |
| QIB | ||
| NII | 27,24,000 shares | 7,26,000 shares |
| RII | 27,24,000 shares | 7,26,000 shares |
| Employee | ||
| Others | ||
| Total | 54,48,000 shares | 14,52,000 shares |
Gajanand International IPO subscribed 15.27x in total, whereas Sodhani Academy of Fintech IPO subscribed 438.72x.
| Gajanand International IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 5.79x | 511.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 24.18x | 358.47x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.27x | 438.72x |
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