Sodhani Capital Limited submitted a regulatory compliance filing to BSE Limited confirming no deviation or variation in the utilization of proceeds raised through its Initial Public Offer (IPO). The company's equity shares were listed on BSE Limited effective October 07, 2025.

The IPO raised a total amount of ₹10.71 crore through a combination of fresh issue and offer for sale, with the allotment date being October 7, 2025. This filing covers the half-year period ended September 30, 2026, as required under Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed there is no deviation or variation in the use of funds raised. No monitoring agency was appointed for the fund utilization. The audit committee provided no comments after review, and the auditors stated "As per our observation there is no deviation or comments."

Fund Utilization Details

The IPO proceeds were allocated across seven specific objects with the following utilization patterns:

  • Offer Related Issue Expenses: Allocated ₹80,00,000; Utilized ₹59,68,380; Surplus of ₹20,31,620 transferred to General Corporate Purpose (GCP)
  • Acquisition of Office Premises at Mumbai: Allocated ₹5,01,17,000; Fully utilized ₹5,01,17,000
  • Interior Work for the Proposed Office Premises: Allocated ₹57,94,000; Utilized ₹58,32,191; Deficit of ₹38,191 transferred from General Corporate Purpose (GCP)
  • Funding Expenditure Towards Enhancement of Our Brand Visibility: Allocated ₹92,64,000; Utilized ₹14,66,504; Balance of ₹77,97,496 remaining
  • Development of Mutual Fund Investment Application: Allocated ₹15,00,000; Utilized ₹14,33,724; Balance of ₹66,276 remaining
  • IT Infrastructure for New and Existing Office Premises: Allocated ₹9,15,000; Utilized ₹2,42,868; Balance of ₹6,72,132 remaining
  • General Corporate Purpose (GCP): Allocated ₹1,06,00,000; Utilized ₹1,00,10,668; Balance of ₹25,82,761 remaining

Total Utilization Summary

Total Proceeds Raised: ₹8,61,90,000

Total Funds Utilized: ₹7,50,71,335

Unutilized IPO Proceeds: ₹1,11,18,665

The unutilized IPO proceeds of ₹1,11,18,665 have been kept in Fixed Deposits with Kotak Mahindra Bank.