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SC

Sodhani Capital IPO

Listed SME BSE SME · Financial Products Distributor

Price Band

₹

Issue Size

₹10.71 Cr

Lot Size

2,000 shares

Min Investment

₹204,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹51.0

Sodhani Capital IPO AI Summary

  • Sodhani Capital IPO is listed on BSE SME in the Financial Products Distributor sector.
  • Subscription window: 29 Sep–01 Oct 2025, listing on 07 Oct 2025.

Sodhani Capital Limited, a financial services firm focused on mutual fund distribution, is set to launch its IPO with an issue price of ₹51.0. The company has shown consistent revenue growth and has a strong commission-based income model. The proceeds from the IPO will be utilized for various strategic objectives, including office acquisition and brand enhancement.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Sodhani Capital IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 01 Oct 2025 — not a current signal.

Neutral 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Mon, 29 Sep 2025
IPO Close Date
Wed, 01 Oct 2025
Allotment Date
Fri, 03 Oct 2025
Refund Initiation
Mon, 06 Oct 2025
Credit of Shares
Mon, 06 Oct 2025
Listing Date
Tue, 07 Oct 2025
Listing Price
₹51.0 +0.0%

Subscription Status

Subscription data unavailable

Sodhani Capital IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

Incorporated in 1992, Sodhani Capital Limited is a financial services firm. The company provides financial product distribution services, focusing on mutual funds for retail investors and high-net-worth individuals (HNIs) to help them achieve their financial goals. The company has a strong presence in Jaipur, conducting seminars and consultations. It also offers webinars, online services, and partners with top asset managers for diverse mutual fund products. Business Model: The company operates on three pillars: customer focus, technology, and strong governance, combining physical presence with digital platforms to serve diverse clients, especially in Tier-II and Tier-III cities. Operational Structure: The company drives growth through business development, marketing, and efficient process management, earning revenue via distribution commissions from Asset Management Companies (AMCs). Client Engagement: It blends human expertise with digital tools, offering financial education through workshops, serving retail investors, SMEs, HNIs, and more, with strong roots in Jaipur, Rajasthan. Services: Offers diverse mutual funds: equity, debt, hybrid, and ELSS. Equity funds for long-term growth and capital appreciation. Debt funds provide stability and regular income. Hybrid funds balance growth and income for moderate returns. ELSS funds offer tax savings under Section 80C. SIPs promote disciplined savings and long-term wealth building. As on September 20, 2025, the company maintains a workforce of 15 employees. Competitive Strengths: Commission-Based Income: Earns commissions from both upfront (initial) and trail (ongoing) fees, providing a steady revenue stream. Established Network: Strong relationships with clients, financial advisors, and AMCs enhance credibility and growth opportunities.

Company Financials (₹ Cr)

As of 2025-03-31

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 7.60 5.36 2.29
Total Income 4.13 3.75 2.48
Profit After Tax 2.18 2.21 1.20
EBITDA 3.05 2.92 1.68
NET Worth 7.42 5.23 2.02
Reserves and Surplus 1.16 3.84 2.01
Total Borrowing 0.05 0.05 0.07

Key Ratios

EPS

₹3.49

NAV

₹11.86

ROE

29.45%

ROCE

40.47%

RoNW

29.45%

P/B Value

2.71

P/E Ratio

14.61

Market Cap

₹40.52 Cr

PAT Margin

53.26%

Debt/Equity

0.07

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Prudent Corporate Advisory Services Limited 161 29.3% 59.75 47.25 47.25
Vedant Asset Ltd 20.4 3.97% 49.37 0.8 0.8
Sodhani Capital Limited This IPO 11.86 42.24% — 3.49 3.49

Promoters

Rajesh Kumar Sodhani, Priya Sodhani, Ritika Sodhani and Aastha Sodhani

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Acquisition of an Office premises at Mumbai, Maharashtra 5.01 2 Funding expenditure towards enhancement of the brand visibility 0.93 3 Development of Mutual Fund Investment Application 0.15 4 Meeting expenditure for acquiring Information Technology (Hardware including Software) infrastructure for new office premises and existing office premises. 0.09 5 General Corporate Purposes 1.06 6 Interior work for the proposed Office premises 0.58 7 Issue Expenses 0.80 Total 8.62

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income grew from ₹2.48 Cr in the period ending 31 Mar 2023 to ₹3.75 Cr by 31 Mar 2024, and further increased to ₹4.13 Cr by 31 Mar 2025. This indicates a consistent upward trend in revenue over the periods analyzed.

Profit Trend

Profit After Tax (PAT) was ₹1.20 Cr for the period ending 31 Mar 2023, slightly decreasing to ₹2.21 Cr by 31 Mar 2024, and then falling to ₹2.18 Cr by 31 Mar 2025. Though this is a 9-month figure, not a full year, so isn't directly comparable.

Valuation

Sodhani Capital's implied P/E ratio at the issue price of ₹51.0 is approximately 14.61, compared to peers trading at P/E ratios ranging from 49.37 to 59.75.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. The Grey Market Premium (GMP) is an indicator of how much higher or lower the shares might trade on listing day compared to the issue price. A positive GMP suggests strong demand, while a negative GMP indicates weak demand.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market conditions, and their own investment strategy.

Who May Want to Wait

Investors who prefer stable returns and are risk-averse may want to avoid IPOs in the financial services sector, which can be subject to market fluctuations and regulatory changes.

IPO Timeline, Explained

The IPO process involves several key dates: the opening date for subscription is 29 September 2025, closing on 1 October 2025. Allotment of shares will take place on 3 October 2025, with the listing date set for 7 October 2025.

Listing Gains — The Risk

Listing-day gains can be unpredictable. While some IPOs may see significant increases in share price on their first day of trading, others may not perform as well. Factors influencing listing gains include market conditions, investor sentiment, and the company's fundamentals.

This evaluation is generated from Sodhani Capital's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

When does Sodhani Capital IPO open and close?

Sodhani Capital IPO opens on 29 September 2025 and closes on 01 October 2025.

When does Sodhani Capital IPO list on the stock exchange?

Sodhani Capital IPO listed on 07 October 2025 at ₹51.0.

What is the lot size for Sodhani Capital IPO?

The lot size for Sodhani Capital IPO is 2000 shares, requiring a minimum investment of ₹204,000 (2 lots).

What is the issue price of Sodhani Capital's IPO?

The issue price is ₹51.0.

What is the minimum investment required?

The minimum investment required is ₹204,000, which corresponds to a lot size of 2000 shares.

When is the listing date for Sodhani Capital?

The listing date is 7 October 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected price movement of shares before they are officially listed.

Who are the promoters of Sodhani Capital?

The promoters are Rajesh Kumar Sodhani, Priya Sodhani, Ritika Sodhani, and Aastha Sodhani.

Issue Details

Issue Type SME Book Built
Issue Size ₹10.71 Cr
Price Band ₹ (Fixed)
Issue Price ₹51.0
Lot Size 2,000 shares
Min Investment ₹204,000 (2 lots minimum)
Exchange BSE SME
Sector Financial Products Distributor
Open Date 29 Sep 2025
Close Date 01 Oct 2025
Allotment 03 Oct 2025
Listing Date 07 Oct 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

NSDL Database Management Ltd.

Lead Managers / Book Running

Bonanza Portfolio Ltd.

IPO Timeline

Open

29 Sep 2025

Close

01 Oct 2025

Allotment

03 Oct 2025

Listing

07 Oct 2025

Community Sentiment

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