Market Performance
Sodhani Capital shares opened their first trading session with an impressive start on the BSE SME platform, setting a confident tone for investors.
The stock debuted at ₹80 per share, reflecting a 57% gain from its issue price of ₹51.
Such a strong debut reflects solid investor sentiment and growing interest in SME listings, even amid fluctuating broader market trends.
Main News
The company’s IPO witnessed robust investor participation, getting subscribed nearly five times during its three-day bidding window from September 29 to October 1.
This enthusiastic response signals investor confidence in the company’s business model and future prospects.
The public offering targeted ₹11 crore, comprising both a fresh issue and an offer for sale (OFS) component.
Here’s how the IPO structure looked:
- Fresh Issue: ₹8.62 crore
- Offer for Sale (OFS): ₹2.09 crore
- Issue Price: ₹51 per share
- Minimum Lot Size: 2,000 shares
- Minimum Investment: ₹1,02,000
The IPO’s solid demand and premium listing highlight the company’s appeal among SME investors.
Company Details
Sodhani Capital is a financial services company offering a range of investment solutions. The firm positions itself as a partner for long-term wealth creation, aiming to provide best-in-class financial services to its clients.
The company intends to utilize the proceeds from the IPO primarily for:
- Office acquisition to support operational expansion
- Technology upgrades to enhance service efficiency
- Branding initiatives to strengthen market presence
- General corporate purposes
The balanced use of funds underscores the company’s intent to build a strong, future-ready foundation.
Summary
Sodhani Capital’s listing at a 57% premium on the BSE SME platform stands as a positive start for the company and a reflection of solid investor appetite.
The strong subscription levels, healthy premium, and clear fund utilization plans collectively signal market confidence in the company’s direction.
In today’s stock market, where sentiment often sways with volatility, Sodhani Capital shares have managed to make a steady mark — offering a story of strong debut performance and strategic financial execution.
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