IPO Details

Bidding Dates

29 Sep '25 - 01 Oct '25

Minimum Investment

₹2,04,000 / 2 Lots (4,000 Shares)

Price Range

₹51 per share

Maximum Investment

₹2,04,000 / 2 Lots (4,000 Shares)

Retail Discount

To be announced

Issue Size

₹10.71 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)   |  

Sodhani Capital IPO Important Dates

Important dates with respect to IPO allotment and listing

Opening Date

Sep 29, 25

Closing Date

Oct 01, 25

Basis of Allotment

Oct 03, 25

Initiation of Refunds

Oct 06, 25

IPO Listing Date

Oct 07, 25

About Sodhani Capital IPO

Sodhani Capital IPO is a fixed-price issue worth ₹10.71 crore. The IPO is a combination of a fresh issue of 0.17 crore equity shares aggregating to ₹8.62 crore and an offer for sale of 0.04 crore equity shares aggregating to ₹2.09 crore. The IPO opens for subscription on September 29, 2025, and closes on October 1, 2025. The allotment is expected to be finalised on October 3, 2025, with tentative listing on the BSE SME platform scheduled for October 7, 2025.

The IPO is priced at ₹51 per share. Retail investors must apply for a minimum of 2 lots comprising 4,000 shares, requiring an investment of ₹2,04,000. HNI investors must apply for a minimum of 3 lots (6,000 shares), amounting to ₹3,06,000.

Bonanza Portfolio Limited is the book-running lead manager to the issue, and NSDL Database Management Limited is the registrar. Aikyam Capital Private Limited is the market maker for the IPO.

For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the Sodhani Capital IPO DRHP.

Industry Outlook

  1. India’s mutual fund distribution industry is undergoing a significant transformation, driven by rising financial literacy, digital innovation, and expanding investor participation. The sector has evolved from a traditional, branch-based model to a technology-led ecosystem, enabling seamless access to investment products across geographies.
  2. Regulated by the Securities and Exchange Board of India (SEBI), the industry ensures transparency, investor protection, and fair remuneration for distributors. Initiatives such as direct plans, new product categories, and digital KYC have enhanced investor confidence and streamlined operations.
  3. The distribution network comprises independent financial advisors (IFAs), banks, wealth management firms, and increasingly, online platforms. With commission-based earnings linked to assets under management (AUM), distributors play a pivotal role in connecting investors to suitable fund offerings. As of December 2024, the Indian mutual fund industry had achieved an AUM milestone of ₹68 lakh crore, reflecting strong investor appetite and market resilience.
  4. Technological integration is reshaping the competitive landscape. Leading players are investing in AI-driven advisory tools, mobile platforms, and automated customer service systems. This digital shift is improving investor engagement, operational efficiency, and market reach.

Sodhani Capital IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

  1. Acquire commercial office premises in Mumbai, Maharashtra, to establish a strategic base for operations and expansion. This investment includes the purchase of property to support long-term infrastructure needs and enhance the company’s physical presence in a key financial hub.
  2. Enhance brand visibility through targeted marketing and public relations initiatives. The company intends to strengthen its market positioning by investing in awareness campaigns, digital outreach, and promotional activities aimed at increasing investor engagement and trust.
  3. Develop a proprietary mutual fund investment application, enabling clients to access investment services digitally. This initiative supports the company’s commitment to innovation and aims to improve customer experience through seamless, technology-driven solutions.
  4. Upgrade information technology infrastructure, including hardware and software for both new and existing office locations. This will improve operational efficiency, data security, and service delivery across the organisation.

About Sodhani Capital Limited

Sodhani Capital Limited was originally incorporated as Sodhani Capital Private Limited on October 19, 2024, under the Companies Act, 2013. The company was subsequently converted into a public limited company and renamed Sodhani Capital Limited on August 22, 2023, following the issuance of a fresh certificate of incorporation by the Registrar of Companies, Jaipur, Rajasthan.

The company is engaged in the business of mutual fund distribution and operates as a registered distributor under the Association of Mutual Funds in India (AMFI). Headquartered in Jaipur, Rajasthan, Sodhani Capital has built a strong client base and a growing portfolio of assets under management (AUM), which expanded from ₹300 crore in 2022 to ₹500 crore by 2024.

Sodhani Capital’s growth has been driven by its investment in operational infrastructure, commitment to investor education through awareness seminars, and a skilled team of professionals. The company acquired the mutual fund distribution business of Mr Rajesh Kumar Sodhani in 2021, marking a key milestone in its expansion journey.

The company’s operations are focused on delivering personalised investment solutions, supported by technology and a client-centric approach. Its strategic initiatives include the development of a proprietary investment application and the acquisition of office premises in Mumbai to support national expansion.

How To Check the Allotment Status of the Sodhani Capital IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for Sodhani Capital IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the Sodhani Capital IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Sodhani Capital IPO

Registered Office: 1st Floor, C-373, C Block, Vaishali Nagar, Jaipur – 302021, Rajasthan, India.

Phone: +91 141 2356659 / 2351659
E-mail: info@sodhanicapital.com

Sodhani Capital IPO Reservation

Investor Category

Shares Offered

Market Maker Shares Offered

1,06,000 (5.05%)

NII (HNI) Shares Offered

9,97,000 (47.48%)

Retail Shares Offered

9,97,000 (47.48%)

Total Shares Offered

21,00,000 (100.00%)

Sodhani Capital IPO Promoter Holding

The promoters of the company are Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh.

Share Holding Pre-Issue

100.00%

Share Holding Post Issue

-

Key Performance Indicators for Sodhani Capital IPO

KPI

Value

ROE

29.45%

ROCE

40.47%

PAT Margin

53.26%

EBITDA Margin

74.41%

Sodhani Capital IPO Prospectus

Sodhani Capital IPO Registrar and Lead Managers

Sodhani Capital IPO Lead Managers

  • Bonanza Portfolio Limited

Registrar for Sodhani Capital IPO

NSDL Database Management Limited

Sodhani Capital IPO Registrar

Know before investing

Strengths

5
  1. Established client base of over 7,000 investors, with assets under management (AUM) growing from ₹300 crore in 2022 to ₹500 crore in 2024.

  2. Strong promoter experience, with the business built on the foundation of a successful mutual fund distribution legacy.

  3. Consistent profitability, with healthy margins and a return on net worth of 42.24% in FY 2024.

  4. Digital expansion strategy, including the development of a proprietary mutual fund investment application.

  5. Strategic investment in Mumbai office premises, enhancing operational capacity and market reach.

Risks

5
  1. High dependency on mutual fund distribution, with no diversification into other financial services, making revenue vulnerable to market and regulatory shifts.

  2. Leased office premises from a promoter, posing risks in case of non-renewal or termination of the lease agreement.

  3. Exposure to regulatory scrutiny, with periodic inspections by SEBI and AMFI; non-compliance could lead to penalties or licence revocation.

  4. Limited control over third-party mutual fund performance, which directly affects client trust and commission-based earnings.

  5. Negative cash flows from investing activities, indicating high capital deployment without immediate returns.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

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Enter UPI ID, set quantity/price & submit

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Choose IPO section on Home Page

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Sodhani Capital IPO FAQs

What is the Sodhani Capital IPO?

Sodhani Capital IPO is a fixed-price issue IPO. It will be open from September 29, 2025, to October 1, 2025. 

When will the Sodhani Capital IPO be allotted?

The Basis of Allotment will happen on Friday, October 3, 2025. 

When will the Sodhani Capital IPO open for subscription?

The IPO subscription window will open on September 29, 2025. 

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 2 lots, and the lot size is 2,000 shares each (4,000 shares in total). 

When will Sodhani Capital Limited list on exchanges?

The listing date for Sodhani Capital Limited is Tuesday, October 7, 2025. 

What is the issue size of the Sodhani Capital IPO?

The issue size of the Sodhani Capital IPO is up to ₹10.71 crore, consisting of a fresh issue of 0.17 crore shares and an offer for sale of 0.04 crore shares. 

What are the open and close dates of the Sodhani Capital IPO?

The open and close dates for Sodhani Capital IPO are from September 29, 2025, to October 1, 2025. 

Who is the registrar of Sodhani Capital IPO?

NSDL Database Management Limited is the registrar responsible for managing the IPO allotment process and handling investor queries. 

Where is the Sodhani Capital IPO getting listed?

Sodhani Capital Limited IPO is proposed to be listed on the SME platform of the Bombay Stock Exchange (BSE SME).