Announced Thu, 13 Nov · 18:19 IST

Pursuant to Regulation 32 of the SEBI Listing Regulations, please note that there are no deviation or variation in respect of the utilization of the proceeds of IPO of the Company.

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Awaiting price reaction for this filing.

AI summary

Sodhani Academy of Fintech Enablers Ltd has filed a half-yearly statement confirming there is no deviation or variation in the use of IPO proceeds for the period ended September 30, 2025. The company had raised Rs. 3.88 crore through its IPO in September 2024 and has utilized Rs. 243.28 lakhs so far across the planned objects. The remaining unutilized amount of Rs. 144.72 lakhs has been parked in SBI Magnum Low Duration Fund. The Audit Committee reviewed the statement and noted no concerns. Minor internal reallocations were made between approved heads (Rs. 6.80 lakhs shifted from General Corporate Purpose to Brand Visibility, and Rs. 19.91 lakhs shifted from offer expenses to General Corporate Purpose), all within the framework disclosed in the prospectus.

Likely market impact

This is a routine compliance filing and is neutral for shareholders. It confirms the company is using IPO money as promised, with about 37% of the raised amount still unutilized and sitting in a liquid mutual fund. The minor internal reallocation of funds between approved categories is normal and not a red flag. No meaningful stock price impact expected from this disclosure.