Sodhani Academy IPO: How to Check Allotment Status and GMP Ahead of BSE SME Listing

The IPO for Sodhani Academy of Fintech Enablers recently closed its subscription on 17 September, and the allotment will be finalised soon. The shares are expected to be listed on the BSE SME platform on Friday, 20 September 2024.

Cameo Corporate Services Limited is managing the IPO allotment, while Srujan Alpha Capital Advisors is the lead manager. Investors can check the allotment status through the website of the registrar or the BSE.

Here’s how you can check the allotment status:

On the Cameo Corporate Services website:

1. Visit Cameo Corporate Services IPO page.
2. Select “Sodhani Academy of Fintech Enablers” from the dropdown list (the name will appear only after the allotment is out).
3. Choose between Application Number, Demat Account, or PAN.
4. Enter the details in the “Value” section.
5. Input the Captcha code.
6. Click “Submit.”

On the BSE website:

1. Visit the BSE IPO Allotment page.
2. Select “Equity” as the issue type.
3. Choose “Sodhani Academy of Fintech Enablers” from the dropdown.
4. Enter either your Application Number or PAN.
5. Click “Search.”

Grey Market Premium (GMP):

The grey market premium (GMP) for Sodhani Academy of Fintech Enablers is ₹15, according to Investorgain.com. This means that shares are being sold for ₹15 more than the issue price in the grey market. With an IPO price of ₹40, the expected listing price is anticipated to be around ₹55, a 37.5% increase.