Sotefin Bharat IPO Logo

Sotefin Bharat IPO
GMP, Subscription, Price, Dates & Financial Details

Engineering - Construction

Closed BSE SME

Incorporated in 2012, Sotefin Bharat Ltd. is a leading provider of mechanised and automated parking solutions in India. The company offers complete turnkey parking projects, handling everything from system design and engineering to manufacturing, installation, commissioning, and long-term…

Open Date

Thu, 16 Jul 2026

Close Date

Mon, 20 Jul 2026

Price Band

₹ 178 – 187

Lot Size

600

Issue Size

₹ 90.00 Cr

Minimum Investment

₹ 224,400 (1200 Shares)

Grey Market Premium Analysis

Day Wise GMP→

Unofficial premium quoted in the grey market, tracked daily against the price band cap.

15 Jul ₹27 14 Jul ₹22 13 Jul ₹17 16 Jul ₹18 17 Jul ₹13 18 Jul ₹13 19 Jul ₹13 20 Jul ₹1 21 Jul ₹0 22 Jul ₹2

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.

IPO Details

Sotefin Bharat IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹90 Crore, comprising a fresh issue of 45.60 Lakh equity shares aggregating to ₹85.00 Crore.

The Sotefin Bharat IPO remained open for subscription from July 16, 2026, to July 20, 2026. The basis of allotment was finalized on July 21, 2026, and the company's shares were listed on BSE SME Platform on July 23, 2026.

The company had fixed the price band at ₹178 to ₹187 per share, with a lot size of 600 shares. Retail investors were required to make a minimum investment of ₹224,400 (based on the upper price band) to apply for one lot.

Alankit Assignments Ltd served as the registrar to the issue. Choice Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.

With the successful completion of the IPO process, Sotefin Bharat Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.

Sotefin Bharat IPO Timeline (Tentative)

IPO Open Date
Thu, 16 Jul 26
IPO Close Date
Mon, 20 Jul 26
Basis of Allotment
Tue, 21 Jul 26
Initiation of Refunds
Wed, 22 Jul 26
Credit of Shares to Demat
Wed, 22 Jul 26
Listing Date
Thu, 23 Jul 26 — NSE & BSE

Open Date

16 July 2026

Close Date

20 July 2026

Basis Of Allotment

21 July 2026

Listing Date

23 July 2026

IPO Subscription

Check Live Subscription →

The Sotefin Bharat IPO has received bids for 1,29,86,400 shares against 31,92,000 shares offered, resulting in an overall subscription of 4.07x. the NII category is subscribed 6.4x, Retail Investors 3.78x, and QIBs 2.82x. Within the NII category, BNII is subscribed 7.81x, while SNII is subscribed 3.59x.

QIB

2.82x

NII

6.4x

BNII

7.81x

SNII

3.59x

RII

3.78x

Total

4.07x

IPO Reservations

The Retail Individual Investor (RII) category has the highest allocation with 15,96,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,12,000 shares (28.57%), while Non-Institutional Investors (NIIs) receive 6,84,000 shares (21.43%).

Category Shares Offered Shares Offered
Qualified Institutions912,00028.57%
Non-Institutional684,00021.43%
BNII456,00014.29%
SNII228,0007.14%
Retail Investors1,596,00050%
Total3,192,000100%

Financials Details(₹ in Crores)

Particular 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 129.06 98.68 60.64
Revenue 118.23 94.15 56.87
Profit After Tax 17.37 11.31 6.25
Net Worth 78.11 50.63 21.92
Reserve & Surplus 70.57 55.35 26.88
Total Borrowings 24.01 12.16 18.78

Financials Performance

Company Revenue Vs Profit After Tax
118 17 31 Mar 2026 94 11 31 Mar 2025 57 6 31 Mar 2024 Revenue PAT

Performance Indicators

13.00%

EPS Pre

Earnings per share before the IPO.

14.38

P/E Pre

IPO Offer Price ÷ EPS Pre.

9.56%

EPS Post

Expected earnings per share after the IPO..

19.55x

P/E (Post Issue)

IPO Offer Price ÷ EPS Post.

Sotefin Bharat Limited KPI Information

Particular Mar 2026 Mar 2025 Mar 2024
ROE % 26.98 31.17 33.23
ROCE % 33.31 34.39 26.78
Debt / Equity 0.31 0.24 0.86
RoNW % 26.98 31.17 33.23
Pat Margin % 14.88 12.06 11.1

Peers Comparison

No Peer Comparision Available

About Sotefin Bharat Limited

Incorporated in 2012, Sotefin Bharat Ltd. is a leading provider of mechanised and automated parking solutions in India. The company offers complete turnkey parking projects, handling everything from system design and engineering to manufacturing, installation, commissioning, and long-term operations & maintenance (O&M).

Sotefin Bharat delivers advanced parking solutions using Swiss technology from Sotefin SA, a global automated parking specialist with installations in more than 30 countries and over 40,000 parking spaces worldwide.

Product Portfolio

The company offers a wide range of automated parking systems, including:

  • Fully Automated Robotic Parking Systems powered by Sotefin SA's proprietary SILOMAT Shuttle and Dolly technology, ideal for large, space-constrained urban projects.
  • Puzzle Parking Systems designed for residential and commercial buildings with limited parking space.
  • Tower Parking Systems, including Travel Tower, Pallet, and Comb models, suitable for high-density public and institutional facilities.
  • Stack Parking Systems, providing affordable parking solutions for residential developments.

In addition to these systems, the company offers customized end-to-end services, including project planning, design, manufacturing, installation, turnkey execution, maintenance, and after-sales support.

Manufacturing & Operations

Sotefin Bharat manufactures key structural components at its Bagnan, West Bengal facility while integrating advanced Swiss engineering to deliver reliable, efficient, and high-quality parking solutions.

As of 31 March 2026, the company had successfully completed more than 55 projects and was executing over 30 ongoing projects across India, the United States, and Dubai. Its strong execution capabilities have enabled it to build a significant presence in major Indian cities such as Delhi, Mumbai, Kolkata, Pune, and Thiruvananthapuram, along with international markets.

Customer Base

The company serves a diversified mix of private and government clients.

Its private sector customers include Hubtown Limited, AUM G.M. Heights, and Mesacon Spaces LLP.

Its government and public sector clients include:

  • Municipal Corporation of Delhi (MCD)
  • Brihanmumbai Municipal Corporation (BMC/MCGM)
  • Central Public Works Department (CPWD)
  • Mumbai Metropolitan Region Development Authority (MMRDA)
  • National Highways and Infrastructure Development Corporation Limited (NHIDCL)
  • South Delhi Municipal Corporation (SDMC)

Order Book

As of 31 March 2026, Sotefin Bharat had an order book of approximately ₹534.4 crore, providing strong revenue visibility for the coming years.

Competitive Strengths

  • Strong Swiss engineering expertise adapted for Indian market requirements.
  • ISO 9001:2015 certified quality management systems.
  • Integrated and scalable turnkey project execution capabilities.
  • Proven execution track record across India and international markets.
  • Specialized expertise in automated and smart parking technologies.
  • Comprehensive operations, maintenance, and after-sales support services.

Business Highlights

Robotic parking systems contributed 94.1% of the company's FY26 revenue, reflecting its strong focus on high-value automated parking solutions. As of 31 March 2026, Sotefin Bharat employed approximately 147 people, supporting its expanding operations and growing project portfolio.

Sotefin Bharat IPO Promoters

  1. Arup Choudhuri
  2. Jignesh Pravinchandra Sanghavi
  3. PISA International Pvt. Ltd.
Promoters Holding

Holding Pre Issue

41.54%

Holding Post Issue

0.00%

Sotefin Bharat IPO Objective

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal   16.87
  2. Funding capital expenditure requirements for the proposed new office premises    8.17
  3. Funding working capital requirements of the Company   40.00
  4. General Corporate Purposes 

Sotefin Bharat Limited Address / Contact Details

Sotefin Bharat Ltd. Address
72/B, Barakhola Kalikapur,
Kolkata, West Bengal, 700099
Phone: +91 82 8299 9547
Email: bdas@sotefinbharat.com
Website: https://www.sotefinbharat.com/

IPO Snapshot

Face Value₹10 per share
Price Band ₹ 178 – 187
Lot Size600
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 85.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 90.00 Cr
Listing AtBSE

Sotefin Bharat IPO Lot Size

The Sotefin Bharat IPO has a lot size of 600 shares. Retail investors require a minimum investment of ₹2,24,400 by applying for 2 lot (1,200 shares). The maximum application allowed for the retail category is 2 lots (1,200 shares), requiring an investment of ₹2,24,400.

Application Lots Shares Amount (₹)
Retail (Min)21,200224,400.00
Retail (Max)21,200224,400.00
S-HNI (Min)31,800336,600.00
S-HNI (Max)84,800897,600.00
B-HNI (Min)95,4001,009,800.00

Issue Reservation

  • QIB — 28.57%
  • NII — 21.43%
  • RII — 50%

Sotefin Bharat IPO Registrar

Alankit Assignments Ltd

011-42541234 / 23541234

info@alankit.com

https://www.alankit.com

Check Allotment Status

Book Running Lead Managers

  • Choice Capital Advisors Pvt Ltd

IPO Documents & Links

Explore More IPOs

Disclaimer: This data is for informational purposes only and does not constitute investment advice.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

What is the Sotefin Bharat IPO?

Sotefin Bharat IPO is a Book-building IPO with a total issue size of ₹90 crore. The Sotefin Bharat IPO price band is ₹178 to 187 per share. The Sotefin Bharat IPO subscription opens on Thu, Jul 16, 2026, and closes on Mon, Jul 20, 2026. The Sotefin Bharat IPO will be listed on the BSE. Alankit Assignments Ltd is the registrar for the Sotefin Bharat IPO.

When will the Sotefin Bharat IPO open for subscription?

The Sotefin Bharat IPO opens on Thu, Jul 16, 2026 and closes on Mon, Jul 20, 2026

What is Sotefin Bharat IPO Price Band?

Sotefin Bharat IPO Price Band is ₹178 to 187 per share.

What is Sotefin Bharat IPO Lot Size?

Sotefin Bharat IPO lot size is 600 shares, Retail investors need a minimum investment of ₹224400 based on the upper price band

What is the minimum investment for Sotefin Bharat IPO?

The minimum investment for Sotefin Bharat IPO is ₹224400, based on one lot of 600 shares at the upper price band of ₹187 per share.

How to apply for Sotefin Bharat IPO?

Investors can apply for the Sotefin Bharat IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jul 20, 2026. The application amount remains blocked until the Sotefin Bharat IPO allotment is finalized.

What is Sotefin Bharat IPO Issue Size?

Sotefin Bharat IPO issue size is ₹90 crores.

What is the Sotefin Bharat IPO Allotment Date?

Sotefin Bharat IPO allotment date is Tue, Jul 21, 2026.

Who is the Sotefin Bharat IPO Registrar?

The registrar for Sotefin Bharat IPO is Alankit Assignments Ltd. Investors can go to Alankit Assignments Ltd website to check Sotefin Bharat IPO allotment status, refund processing, and other IPO-related information.

What is the Sotefin Bharat IPO GMP?

The Sotefin Bharat IPO GMP (Grey Market Premium) is ₹27 as of Wed, Jul 15, 2026. Based on the upper price band of ₹187 per share, the estimated Sotefin Bharat IPO listing price is ₹214, indicating a potential listing gain of approximately 14.44% over the issue price.

Who is the Sotefin Bharat IPO Lead Manager?

The book-running lead managers (BRLMs) for the Sotefin Bharat IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Sotefin Bharat IPO Red Herring Prospectus (RHP).