Sodhani Capital Limited is a mutual fund distribution company based in Jaipur, Rajasthan. Incorporated in 2019, the company transitioned to a public limited entity in 2023. It provides a comprehensive portfolio of mutual fund schemes, with a strong focus on Systematic Investment Plans (SIPs), catering to retail investors and High-Net-Worth Individuals (HNIs). In 2021, the company significantly expanded its operations by acquiring the mutual fund distribution business of its promoter, Mr. Rajesh Kumar Sodhani. Sodhani Capital Limited has demonstrated strong growth, expanding its client base to over 7,000 and Assets Under Management (AUM) to over ₹500 crore by 2025, leveraging a hybrid model that combines a digital investment platform with personalized client services.
Opening Date
Sep 29, 2025
Closing Date
Oct 01, 2025
Listing Date
Oct 07, 2025
IPO Type
SME
IPO Status
Closed
Issue Size
10.71 Cr
Fresh Issue
8.62 Cr
Offer for Sale
2.09 Cr
Price Band
₹51 - ₹51
Lot Size
2000
The Net Proceeds from the Fresh Issue are proposed to be utilized towards the following objectives:
Acquisition of new office premises in Mumbai, Maharashtra to expand geographical presence and improve operational efficiencies.
Funding the interior design, furnishing, and fit-out works for the newly acquired office premises in Mumbai.
Enhancing brand visibility through a comprehensive marketing strategy that includes digital outreach and offline engagement.
Development of a proprietary Mutual Fund Investment Application to streamline investment processes and improve client portfolio management.
Acquiring Information Technology infrastructure, including hardware and software, for both the new and existing office premises.
Funding the expenses related to the Initial Public Offering.
Meeting general corporate purposes to support business growth and operational needs.
P/E Ratio
2.04
EPS
0.06
ROE
29.45%
ROCE
40.47%
RONW
29.45%
Debt to Equity Ratio
0.07
PAT Margin
53.26%
EBITDA Margin
74.41%
P/B
2.71
Consistent revenue from a commission-based income model derived from both upfront and trail fees.
Established network and strong relationships with a diverse client base, financial advisors, and Asset Management Companies (AMCs).
Hybrid service model combining a digital investment platform with personalized, in-person consultations, enhancing client engagement.
Strong regional presence in Rajasthan with a strategic focus on penetrating Tier-II and Tier-III cities.
High dependence on financial market performance, as income is directly tied to Assets Under Management (AUM) which fluctuates with market conditions.
Limited control over the investment performance of the mutual fund schemes being distributed, which can affect client satisfaction.
Revenue concentration in the mutual fund distribution business, indicating a need for diversification into other financial services.
Geographical concentration primarily in Rajasthan, which exposes the business to regional economic risks and limits national market share.
Capitalize on the growing financial literacy and awareness about mutual funds and Systematic Investment Plans (SIPs) across India.
Enhance market reach and operational efficiency through digital transformation, including the development of advanced robo-advisory services.
Pursue geographical expansion into new Tier-I, Tier-II, and Tier-III cities to tap into underserved and emerging investor markets.
Broaden the service portfolio by introducing new financial products and wealth management services to diversify revenue streams.
Potential for adverse regulatory changes by SEBI, such as modifications in commission structures or increased compliance costs, which could impact profitability.
Intense competition from established digital-first platforms like Groww and Zerodha, as well as large traditional distributors.
Economic downturns or significant stock market volatility could lead to reduced investor confidence, resulting in lower fund inflows and higher redemptions.
Unfavorable changes in tax policies related to capital gains or investments, which could negatively affect investor returns and sentiment.