Sodhani Capital Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Sodhani Capital Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹51
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,02,000
Issue Size
₹10.71 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Sodhani Capital Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.57%
Issue Type
Fixed Price - SME
ISIN
INE0QU501030
About the Company
Sodhani Capital Ltd. (CIN: U65991RJ2019PLC064264) is a mutual fund distributor headquartered in Jaipur at C-373, 1st Floor, Vaishali Nagar, Rajasthan - 302021. Sodhani Capital Limited (the "Company") was incorporated on March 12, 2019 as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by Registrar of Companies, Central Registration Centre. Rajesh Kumar Sodhani, Priya Sodhani, Ankit Sodhani and Ajit Shah were the initial subscribers of our Company. The Company was converted into a public limited company on August 22, 2023 as `Sodhani Capital Limited', pursuant to a certificate of incorporation issued by Registrar of Companies, Jaipur, Rajasthan. The CIN of our Company is U65991RJ2019PLC064264. In the year 2021, the Company acquired the mutual fund distribution business (ARN transfer) of Rajesh Kumar Sodhani. The period between 2022 and 2025 witnessed further growth in both client base and assets under management (AUM). Client numbers grew from 4,000 in 2022 to over 7,000 by 2025, while AUM expanded from Rs.200 crore to Rs.500 crore. A key milestone in this growth phase was the company's transition from private to public limited status in 2023, enhancing its capital-raising capabilities and operational capacity. The company's success can be attributed to three key factors: consistent investment in operational infrastructure, strong focus on client education through initiatives like awareness seminars, and capable human talent.
Industry Overview
The Indian mutual fund distribution industry has witnessed remarkable growth in the past decade, primarily due to an increase in investor awareness, a shift towards financial literacy, and growing financial inclusion. The industry has transformed from a traditional, branch-based model to a more modern, technology-driven platform. Distribution is an essential component of the mutual fund ecosystem, as it connects investors to a variety of fund offerings. The distribution network includes independent financial advisors (IFAs), banks, wealth management firms, and increasingly, online platforms. Regulated by the Securities and Exchange Board of India (SEBI), the industry ensures transparency, fairness, and investor protection. SEBI's initiatives, such as the implementation of direct plans and the introduction of new product categories, have strengthened the framework, allowing investors to make informed decisions while ensuring distributors get remunerated in a transparent manner. The Indian mutual fund distribution industry operates primarily on commission-based earnings, which are typically paid by asset management companies (AMCs) based on the assets under management (AUM) or the volume of business generated. With the rise of digital distribution platforms, commission structures have evolved, and technology has made it easier for investors to access funds, track investments, and make informed decisions with minimal intervention from intermediaries.
Company History
Sodhani Capital Limited (the "Company") was incorporated on March 12, 2019 as `Sodhani Capital Private Limited', as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by Registrar of Companies, Central Registration Centre. The Company was converted into a public limited company on August 22, 2023 as `Sodhani Capital Limited', pursuant to a certificate of incorporation issued by Registrar of Companies, Jaipur, Rajasthan.
Products & Services
- Sodhani Capital Ltd is a mutual fund distributor headquartered in Jaipur.
Growth Strategy
- Digital Transformation.
- Advanced portfolio tracking tools and digital onboarding.
- Specialized investment expertise development.
- Expanded distribution network.
- Brand Development.
- Specialized investment products and services
- Enhanced market presence with personalized wealth management.
Customer Base
wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of up to 21,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs. 51 per equity share (Including a Share Premium of Rs. 41 Per Equity Share) ("Offer Price") Aggregating up to Rs. 10.71 crores (the "Offer") comprising a fresh issue of up to 16,90,000 equity shares of face value Rs. 10/- each aggregating up to Rs. 8.62 Crores by the company (the "Fresh Issue") and an offer for sale of up to 4,10,000 equity shares (the "Offered Shares") by Rajesh Kumar Sodhani and Priya Sodhani aggregating up to Rs. 2.09 crores (the "Selling Shareholder, the "Offered Shares") (Such Offer for sale by the Selling Shareholder, the "Offer for Sale" and together with the fresh issue, "the Offer"). The offer will constitute 26.43% of the post-offer paid-up equity share capital of the company. 1,06,000 equity shares aggregating to Rs. 0.54 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 19,94,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 51/- per equity share aggregating to Rs. 10.17 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.43% and 25.10%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 51/- for equity share of face value of Rs. 10 each. The floor price is 5.10 times times the face value and cap value of the equity shares. Bids can made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Relationship with Asset Management Companies.
- Strong relationship with clients resulting from service efficiency.
- Technology & Integration Expertise.
- Team to support Business Growth.
- Experienced & Qualified Management Team.
- All of its operating revenues are derived from the company's business of mutual fund distribution. Failures to attract potential customers mainly due to market volatility, regulatory compliance challenges, competitive pressures, technological adaptation needs, managerial effectiveness, and investor education gaps, may adversely affect the company's revenues, business, results of operations and prospects.
- As an intermediary the company has to comply with regulatory framework, by laws and guidelines. Also, the company is subject to periodic inspections and any adverse action taken could affect its business and operations.
- The company distributes, on a non-exclusive basis, financial products of third-party institutions i.e. Asset Management Company (AMC)'s. Failures to scale up the company's distribution business revenue and successfully cross-sell its products could adversely affect the company's results of operations and growth prospects.
- The premises of its Registered Office from where the company is currently operating has been taken on lease by the company from its Promoter. In the event of termination or non-renewal of the leases, the company's business and revenues may be adversely affected
- Our success depends largely upon the services of our Promoter, Directors and other key managerial personnel and our ability to attract and retain them.