Sodhani Capital IPO opens this Monday: Key details
Sodhani Capital is opening its IPO this Monday, looking to raise ₹10.71 crore by selling 21 lakh shares at ₹51 each.
The offer includes 17 lakh new shares and 4.1 lakh shares from existing holders.
Subscriptions close on October 1, with allotment set for October 3 and listing on the BSE SME platform on October 7.
What does Sodhani Capital do?
Founded in Jaipur, Sodhani Capital helps retail investors, SMEs, and high-net-worth individuals invest in mutual funds—offering options like equity, debt, hybrid funds, ELSS funds, and SIPs for steady savings.
They work both through physical offices in smaller cities and online platforms.
How to apply for the IPO
To apply for the IPO, you'll need to buy at least one lot of 2,000 shares (₹2.04 lakh minimum).
There's currently no gray market premium—so buzz is low right now.
Funds raised will go toward a new Mumbai office, brand building (including a mutual fund app), IT upgrades, and interiors.
While Sodhani Capital is profitable with little debt, its regional focus might limit wider investor interest at this stage.