Sodhani Capital was incorporated on March 12, 2019. The company distributes financial products, mainly mutual funds, to retail investors and HNIs, with peak activity during the tax-saving season. Its offerings include equity, debt, hybrid, and ELSS funds, along with SIPs that encourage disciplined savings and long-term wealth creation
| Bidding Dates |
|---|
| 29 Sep 2025 - 01 Oct 2025 |
| Subscription |
|---|
| 4.61x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,04,000 | 2 | 2 | 2000 | 2.1 M | ₹51 | 73.57 % | ₹107.1 M | RHP DOC |
Sodhani Capital IPO SUBSCRIPTION STATUS
01 Oct '25Sodhani Capital IPO overall subscription rate was 4.61 times the total available shares
Sodhani Capital IPO retail subscription rate was 4.63 times in the retail segment
Sodhani Capital IPO non-institutional investor subscription rate was 4.59 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
01 Oct 2025 (Day 3) | 4.63x | 4.59x | - |
30 Sep 2025 (Day 2) | 1.17x | 1.23x | - |
29 Sep 2025 (Day 1) | 0.51x | 0.89x | - |
Sodhani Capital FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 4.1 | 2.2 | 2.6 | 2.6 | 74.4% |
| FY24 | 3.0 | 2.2 | 1.3 | 1.2 | 98.55% |
| FY23 | 2.4 | 1.2 | 1.2 | 1.2 | 69.1% |
Sodhani Capital IPO SUBSCRIPTION STATUS DETAILS
Sodhani Capital had 2.1 M shares on offer
Sodhani Capital IPO offer price was ₹51
Sodhani Capital IPO minimum Investment was ₹204000
Sodhani Capital IPO issue size was ₹ 107.1 M
Sodhani Capital had a minimum lot size of 2000 Shares per application
Sodhani Capital NUMBER OF SHARES ON OFFER
Sodhani Capital IPO IMPORTANT DATES
| Issue Open Date | 29 Sep 2025 |
| Issue close Date | 01 Oct 2025 |
| Allotment Date | 03 Oct 2025 |
| Refund Date | 06 Oct 2025 |
| Demat Account Credit Date | 06 Oct 2025 |
| Listing Date | 07 Oct 2025 |
| Listing on Exchange(s) | BSE |
| Sodhani Capital Allotment Status | Exchange/ Registrar |
Sodhani Capital IPO subscription opened on 29 Sep 2025, and closed on 01 Oct 2025
IPO allotment for Sodhani Capital was finalized on Friday, 03 Oct 2025
IPO listing for Sodhani Capital was on BSE on Tuesday, 07 Oct 2025
Sodhani Capital IPO LISTING GAINS
| Issue Price (adjusted) | 51.0 |
| Listing Open Price | 80.0 |
| Listing Close Price | 84.0 |
| Listing Gain% | 56.9% |
| Current Gain% | 33.3% |
Sodhani Capital Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sodhani Capital Ltd. | 68 | 54 | 23 | 3.1 | 11.3 | 13.1 | 13 | 4.8 | 15.9 | 2.3 | 7.4 | 3 | 7.4 |
| Crisil Ltd. | 4635.4 | 33898.7 | 38.3 | 1.8 | 8.2 | 25.2 | 16.5 | 3755.6 | 12.1 | 766 | 12 | 120.9 | 21.5 |
| Central Depository Services (India) Ltd. | 1332.5 | 27849.2 | 59.1 | -12.4 | 23.6 | 23.3 | 18.8 | 1238.5 | 3.3 | 456.1 | -13.4 | 22.5 | -4.8 |
| IIFL Finance Ltd. | 625.9 | 26624.6 | 12.7 | 0 | 1.9 | 11.9 | 1.9 | 13373.8 | 30.6 | 1660.8 | 338.5 | 49.4 | 548.8 |
| National Securities Depository Ltd. | 817.6 | 16352 | 42.1 | 4.5 | 9.4 | 16 | 9.9 | 1660.2 | 8.1 | 379.7 | 10.7 | 19.4 | 9.4 |
| KFIN Technologies Ltd. | 928.5 | 16048.8 | 47 | -1138.7 | 11.6 | 20.5 | 12.4 | 1343.9 | 19.1 | 343.7 | 3.3 | 19.8 | 0 |
Sodhani Capital INFORMATION ON IPO ISSUE
About Sodhani Capital
Sodhani Capital was incorporated on March 12, 2019. The company distributes financial products, mainly mutual funds, to retail investors and HNIs, with peak activity during the tax-saving season. Its offerings include equity, debt, hybrid, and ELSS funds, along with SIPs that encourage disciplined savings and long-term wealth creation
Object of the Issue
- Acquisition of office premises in Mumbai, Maharashtra
- Interior work for the proposed office premises
- Funding expenditure towards the enhancement of the brand visibility
- Development of a mutual fund investment application
- Meeting expenditure for acquiring information technology (Hardware, including Software) infrastructure for new office premises and existing office premises
- For meeting the issue expenses
- General corporate purpose
Sodhani Capital - PROMOTERS
| Name |
|---|
| Rajesh Kumar Sodhani |
| Priya Sodhani |
| Ritika Sodhani |
| Aastha Sodhani |
Sodhani Capital - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Ritika Sodhani | Managing Director |
| Ajit Shah | Director & Chairman |
| Aastha Sodhani | Whole Time Director |
| Shiksha Sharma | Independent Director |
| Pulkit Jain | Independent Director |
| Abhishek Gupta | Independent Director |
Sodhani Capital Book Running Lead Manager
Bonanza Portfolio Limited
swati.agrawal@bonanzaonline.com
Sodhani Capital Registrar to the issue
NSDL Database Management Limited
sunilk@ndml.in
Sodhani Capital Strengths
Commission-based income
The company’s operations rest on three pillars—customer-centricity, technology, and strong governance—making it a key player in mutual fund distribution. Its structure includes Business Development for growth, Sales & Marketing with an omnichannel approach, and Process Management for efficient, risk-managed service delivery
Established network
The company’s services are built around core business segments, catering to HNIs, retail investors, and corporate clients. Its offerings are tailored to investor profiles—conservative, balanced, or growth-oriented—ensuring alignment with client objectives
Sodhani Capital Risks
Compliance risks
As a regulated intermediary, the company must comply with laws, guidelines, and periodic inspections. Any non-compliance could lead to warnings, fines, sanctions, or even license revocation, which may adversely impact its business, finances, and operations
Competition
The mutual fund distribution sector is highly competitive, with banks and fintechs using aggressive marketing and technology to gain clients. Intense competition, fee pressures, and regulatory changes on trail commissions can strain margins and client retention, requiring continuous innovation and personalised services to stay competitive
Technological advancements
The company’s competitiveness depends on adapting to digital transformation in mutual fund distribution. Failure to embrace new technologies can cause inefficiencies, slow client service, and loss of tech-savvy investors, especially against low-cost robo-advisors and advanced digital platforms
IPO FAQs
This IPO consists of an offer for sale of up to Rs 2.1 crore, of 410,000 shares. It also consists of a fresh issue of Rs 8.6 crore.
The promoters of the company are Rajesh Kumar Sodhani, Priya Sodhani, Ritika Sodhani and Aastha Sodhani.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 51.0 - 51.0.
The IPO application opens on Sep 29, 2025 and closes on Oct 01, 2025.
The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
For all category investors, the minimum application amount for this IPO is Rs. 204,000.0, the maximum value for this IPO is Rs 204,000.0.
This IPO will be allotted on Oct 03, 2025.
The refund will be credited to your account on Oct 06, 2025.
The allotted shares will be credited to your demat on Oct 06, 2025.
Sodhani Capital Ltd.’s shares listed on the stock exchanges on Oct 07, 2025.