eyepio

Sodhani Capital IPO

Sodhani Capital Limited · Financial Services

ListedSMEBSE SMEFixed price
Issue price
₹51per share
Issue size
₹10.71 Cr21,00,000 shares
Face value
₹10per equity share
Lot size
2,000 sharesMin. ₹1.02 L at the upper price
  1. Opens
    Mon, 2025
  2. Closes
    Wed, 2025
  3. Allotment
    Fri, 2025
  4. Listing
    Tue, 2025

Dates marked in the offer document as tentative. Times in IST.

Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.

Issue details

Issue type
Fixed price, fresh issue and offer for sale
Fresh issue
16,90,000 shares (₹8.62 Cr)
Offer for sale
4,10,000 shares (₹2.09 Cr)
Total issue
21,00,000 shares (₹10.71 Cr)
Market maker portion
1,06,000 shares
Face value
₹10
Listing at
BSE SME

Source: ProspectusUpdated

Reservation

Share of the total issue
  • Retail90.4%
  • Market maker9.6%
CategorySharesOf net offerStated in RHP
Retail individual investors9,97,000100.00%50%
Market maker1,06,000——

Source: ProspectusUpdated

Lot size

Amounts at ₹51 per share
CategoryLotsSharesAmount
Retail individual investors24,000₹2.04 L

Source: ProspectusUpdated

Subscription

Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.

Valuation

FY 2024-25, pre-issue
EPS (basic)
₹3.49
P/E
14.61×
RoNW
29.45%
NAV per share
₹11.86
NAV per share
₹18.05
EBITDA margin
74.41%
PAT margin
53.26%
ROCE
40.47%

Source: ProspectusUpdated

Financials

Standalone, restated · ₹ crore
RevenueProfit after tax
Period ended31 Mar 2025FY 2024-2531 Mar 2024FY 2023-2431 Mar 2023FY 2022-23
Revenue from operations4.102.972.43
Total income4.133.752.48
EBITDA3.052.921.68
Profit after tax2.182.211.20
Net worth7.425.232.02
Reserves and surplus1.163.842.01
Total assets7.605.362.29
Total borrowing0.050.070.09

FY 2024-25 vs FY 2023-24: revenue +38.3%, profit after tax −1.2%.

Source: ProspectusUpdated

About the company

The company is a mutual fund distributor based in Jaipur that earns commissions from asset management companies on investments it brings to its clients. It was set up in 2019, converted to a public limited company in 2023, and in 2021 took over the mutual fund distribution business of one of its promoters. It serves retail investors and high-net-worth individuals through physical and digital channels.

Incorporated
2019
Industry
Financial Services
CIN
U65991RJ2019PLC064264

Source: ProspectusUpdated

Promoters and shareholders

NameBefore issueAfter issueShares offered
Rajesh Kumar Sodhani52.88%—3,00,000
Priya Sodhani32.99%—1,10,000
Ritika Sodhani7.07%——
Aastha Sodhani7.06%——

Source: ProspectusUpdated

Objects of the issue

₹ crore
PurposeAmount
Acquisition of office premises in Mumbai5.01
Interior work for the proposed office premises0.58
Brand visibility expenditure0.93
Development of mutual fund investment application0.15
Information technology hardware and software for new and existing offices0.09
General corporate purposes1.06

Source: ProspectusUpdated

Peer comparison

As listed in the offer document
CompanyEPSP/ERoNWNAV per share
Sodhani Capital LimitedIssuer₹3.49—29.45%₹11.86
Vedant Asset Ltd₹0.849.37×3.97%₹20.4
Prudent Corporate Advisory Ltd₹47.2559.75×29.30%₹161

Source: ProspectusUpdated

Strengths and risks

Our summary of what the offer document states

Strengths

  • Relationships with asset management companies support its distribution business.
  • Revenue has grown over the three years shown, with high reported profitability margins.
  • Operates both a physical presence and a digital platform, with a presence in Tier-II and Tier-III cities.
  • Has a team of directors and managers with mutual fund and finance experience.
  • Net worth has increased over the three years shown, with borrowings reduced.

Risks

  • All operating revenue comes from mutual fund distribution commissions paid by AMCs.
  • Regulatory changes, including reductions in distributor commissions, could reduce income.
  • The registered office is leased from a promoter, and the lease may not be renewed on favourable terms.
  • Part of the fresh issue is for acquiring a property, which depends on the issue succeeding.
  • Performance of the mutual funds distributed may affect client trust and assets under management.

Source: ProspectusUpdated

Contacts

Lead manager
Bonanza Portfolio Limited
SEBI INM000012306
Registrar
NSDL Database Management Limited
SEBI INR000004181
Market maker
Aikyam Capital Private Limited
Company
Sodhani Capital Limited
cs@sodhanicapital.com
+91 9694875201

Source: ProspectusUpdated

Allotment status

Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.

Allotment
Refunds
Demat credit
Listing

Source: ProspectusUpdated

After listing

Listing price, day-one high and low, and the change from the issue price (₹51) appear here after the shares list on BSE SME.

Work out the gain or loss on allotted shares after charges and tax →

Frequently asked questions

When does the Sodhani Capital IPO open and close?

According to the Prospectus, the issue opens on Monday, 29 September 2025 and closes on Wednesday, 1 October 2025.

What is the Sodhani Capital IPO price band?

The final issue price is ₹51 per share.

What is the lot size of the Sodhani Capital IPO?

One lot is 2,000 shares, which is ₹1.02 L at ₹51 per share.

Where will Sodhani Capital shares list?

On BSE SME. The tentative listing date is Tuesday, 7 October 2025.

Who is the registrar of the issue?

NSDL Database Management Limited (SEBI registration INR000004181). Allotment status is checked on the registrar's website.

How do I check the Sodhani Capital IPO allotment status?

The basis of allotment is expected to be finalised on Friday, 3 October 2025. After that, search by PAN, application number or DP/client ID on the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.

How will the money raised be used?

₹5.01 Cr for acquisition of office premises in Mumbai, ₹57.94 L for interior work for the proposed office premises, ₹92.64 L for brand visibility expenditure, ₹15 L for development of mutual fund investment application, ₹9.15 L for information technology hardware and software for new and existing offices, ₹1.06 Cr for general corporate purposes.

Spotted something wrong?

Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.