Sotefin Bharat IPO GMP today is Rs 2. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
SOTEFIN
Sotefin Bharat
Sotefin Bharat Limited provides mechanised and automated parking solutions through turnkey projects. The company designs, manufactures, installs, commissions, and maintains automated parking systems, integrating the required supporting infrastructure to deliver complete end-to-end solutions. Its product portfolio includes customised automated parking systems designed to maximise space utilisation and address different parking requirements. The company manufactures key structural components in-house at its Bagnan, Howrah facility, while sourcing certain specialised components and patented robotic technology from Sotefin SA, Switzerland. It generates revenue primarily by executing parking system projects for government bodies and private real estate developers, along with operations and maintenance (O&M) services. As of March 31, 2026, it had completed more than 55 projects and was executing over 30 projects across India and select international markets, including the United States and Dubai.
IPO Details
Complete IPO information
| Current GMP | ₹2 |
|---|---|
| Estimated Listing Gain | +1.06% |
| Price Band | ₹178.00 - ₹187.00 |
| Issue Price | ₹187.00 |
| Listing Price | TBA |
| Lot Size | 600 Shares |
| Issue Type | SME |
| Issue Size | Approx ₹89.76 Cr |
| Registrar | TBA |
| Exchange | BSE SME |
| Retail Quota | TBA |
| Overall Subscription | 3.77x |
| Listing Date | 23 Jul 2026 |
| Minimum Investment | ₹2,24,400 |
Timeline
IPO roadmap at a glance
01
Bidding Opens
16 Jul 2026
02
Bidding Closes
20 Jul 2026
03
Allotment
21 Jul 2026
04
Listing
23 Jul 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 20 July | ₹13 | -₹5.00 | 6.95% |
| 17 July | ₹18 | -₹4.00 | 11.76% |
| 16 July | ₹22 | - | 11.76% |
| 15 July | ₹22 | +₹1.00 | 11.76% |
| 14 July | ₹21 | +₹4.00 | 11.23% |
| 13 July | ₹17 | - | 9.09% |
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 1,200 | ₹2,24,400 |
| Retail Maximum | 2 Lot | 1,200 | ₹2,24,400 |
| S-HNI Minimum | 3 Lot | 1,800 | ₹3,36,600 |
| S-HNI Maximum | 8 Lot | 4,800 | ₹8,97,600 |
| B-HNI Minimum | 9 Lot | 5,400 | ₹10,09,800 |
Issue Notes
Important takeaways before applying
Strengths
- Provides end-to-end automated parking solutions covering design, manufacturing, installation and maintenance.
- Manufactures key structural components in-house while integrating patented parking technology from Sotefin SA.
- Has completed over 55 projects and was executing more than 30 projects as of March 31, 2026.
- Serves government bodies and private real estate developers across automated parking projects.
- Offers operations and maintenance (O&M) services beyond project execution.
Risks
- The company depends on patented parking robot technology sourced from Sotefin SA, Switzerland.
- Its business relies heavily on a few customers, with the top 10 contributing over 91% of FY26 revenue.
- A large share of revenue comes from government projects, exposing it to policy changes and payment delays.
- Disruptions in third-party raw material or component supplies could affect operations and increase costs.
- Project execution delays could lead to penalties and liquidated damages under customer contracts.
Analysis
Sotefin Bharat IPO Details
Sotefin Bharat Limited is launching its Initial Public Offering (IPO) through the book-building process. The company aims to raise capital through a fresh issue of equity shares, and the shares are proposed to be listed on the BSE SME platform.
The table below provides the key details of the Sotefin Bharat IPO, including the IPO schedule, price band, issue size, face value, and listing information.
| Particulars | Details |
|---|---|
| IPO Open Date | July 16, 2026 |
| IPO Close Date | July 20, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹178 to ₹187 Per Share |
| Issue Size | Approx ₹90 Crores, 48,00,000 Equity Shares |
| Fresh Issue | Approx ₹90 Crores, 48,00,000 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE SME |
Note: The above Sotefin Bharat IPO details are based on the latest available information. Investors should verify the final offer document, issue size, and IPO schedule before making an investment decision.
Analysis
Sotefin Bharat IPO Reservation
The Sotefin Bharat IPO reservation details specify the allocation of shares among Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). The reservation has been made in accordance with SEBI regulations for book-built public issues.
The table below provides the category-wise share allocation for the Sotefin Bharat IPO.
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 13,68,000 Shares | 28.50% |
| QIB (Ex. Anchor) | 13,68,000 Shares | 19.00% |
| NII Shares Offered | 6,84,000 Shares | 14.25% |
| Retail Shares Offered | 15,96,000 Shares | 33.25% |
Note: The above Sotefin Bharat IPO reservation details are based on the latest available information. The final allocation of shares may change subject to regulatory approvals and the final prospectus.
Analysis
Sotefin Bharat IPO Anchor Investors
The Sotefin Bharat IPO anchor investor portion is reserved for Qualified Institutional Buyers (QIBs) before the public issue opens for subscription. Anchor investors participate one day prior to the IPO opening and are subject to SEBI-prescribed lock-in requirements.
The table below provides the latest details of the Sotefin Bharat IPO anchor investor allocation, bidding schedule, issue size, and lock-in period.
| Particulars | Details |
|---|---|
| Anchor Bidding Date | July 15, 2026 |
| Anchor Investors List | |
| Shares Offered | 13,68,000 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date (50% Shares - 30 Days) | Aug 14, 2026 |
| Lock-in Period End Date (Remaining 50% Shares - 90 Days) | Oct 15, 2026 |
Note: The Sotefin Bharat IPO anchor investor details are based on the latest available information. The anchor investor list and final allocation will be announced after completion of the anchor book process, while the lock-in periods are applicable as per SEBI regulations.
Analysis
Sotefin Bharat IPO Dates
The Sotefin Bharat IPO will open for subscription on July 16, 2026 and close on July 20, 2026. The basis of allotment is expected to be finalized on July 21, 2026, followed by refunds and credit of shares to successful applicants' demat accounts. The company is scheduled to be listed on the BSE SME platform on July 23, 2026.
Investors can refer to the complete Sotefin Bharat IPO timeline below for the important dates related to subscription, allotment, refunds, demat credit, and listing.
| Event | Date |
|---|---|
| IPO Open Date | July 16, 2026 |
| IPO Close Date | July 20, 2026 |
| Basis of Allotment | July 21, 2026 |
| Refunds Initiation | July 22, 2026 |
| Credit to Demat Account | July 22, 2026 |
| IPO Listing Date | July 23, 2026 |
Note: The above Sotefin Bharat IPO schedule is based on the latest available information. All dates are tentative and may be revised by the company, registrar, or stock exchange if required.
Analysis
Sotefin Bharat IPO Promoters and Holding Pattern
The promoters of Sotefin Bharat Limited are Arup Choudhuri, Jignesh Pravinchandra Sanghavi, and PISA International Pvt. Ltd. The promoters have played a significant role in the company's growth and continue to hold a substantial stake in the business.
The table below shows the promoter shareholding before and after the Sotefin Bharat IPO based on the latest available information.
| Particular | Shares | Holding |
|---|---|---|
| Promoter Holding Pre Issue | 1,33,60,307 | 41.54% |
| Promoter Holding Post Issue | 1,83,60,307 | -% |
Note: The post-issue promoter shareholding percentage will be determined after the completion of the IPO process and final share allotment. Investors should refer to the final prospectus for the updated holding pattern.
Analysis
Sotefin Bharat IPO Objects of the Issue & Utilisation of Proceeds
Sotefin Bharat Limited intends to utilize the net proceeds from the IPO to expand its manufacturing capabilities, establish new office infrastructure, strengthen working capital, and support general corporate requirements. These investments are expected to enhance the company's operational efficiency and support future business growth.
The following table provides the proposed utilization of funds to be raised through the Sotefin Bharat IPO based on the latest available information.
| Purpose | Amount (₹ Crores) |
|---|---|
| Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal | ₹20.13 |
| Funding capital expenditure requirements for the proposed new office premises | ₹8.17 |
| Funding working capital requirements of the Company | ₹40.00 |
| General Corporate Purpose | ₹- |
Note: The above utilization of proceeds is based on the Draft Red Herring Prospectus (DRHP)/RHP. The final allocation of funds may be updated in the official offer documents before the IPO listing.
Analysis
Sotefin Bharat - About IPO
Since its incorporation in 2012, Sotefin Bharat has been one of the leading mechanised and automated parking solutions for a wide range of customers. Its product portfolio includes fully automated robotic parking systems, Puzzle parking systems, Tower parking systems, and Stack parking systems.
The firm offers customized comprehensive solutions, such as system design, manufacturing, installation, turnkey execution, operations and maintenance (O&M), and after-sales services. Sotefin Bharat has completed its operations in Delhi, Kolkata, Mumbai, Pune, and Trivandrum, along with international markets in the United States and Dubai. Moreover, they combine solutions with advanced automated parking technologies to provide end-to-end execution.
Analysis
Sotefin Bharat IPO Company Financial Report
The financial performance of Sotefin Bharat Limited has shown consistent growth in revenue, profitability, and total assets over the last four financial years. These financial results help investors evaluate the company's operational efficiency and financial strength before investing in the IPO.
The table below presents the latest financial highlights of Sotefin Bharat Limited. All figures are reported in ₹ Crores.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹37.31 | ₹31.62 | ₹4.00 | ₹46.48 |
| 2024 | ₹56.87 | ₹48.27 | ₹6.25 | ₹60.64 |
| 2025 | ₹94.15 | ₹77.97 | ₹11.31 | ₹98.68 |
| 2026 | ₹118.23 | ₹93.17 | ₹17.37 | ₹129.06 |
Note: The above financial data is presented in ₹ Crores and is based on the latest available financial statements of Sotefin Bharat Limited. Investors should review these financial results along with the company's valuation, business prospects, and IPO pricing before making an investment decision.
Analysis
Sotefin Bharat IPO Valuation – FY2026
Sotefin Bharat Limited has reported strong financial performance for FY2026. Important valuation metrics such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Equity (ROE), Return on Net Worth (RoNW), Net Asset Value (NAV), EBITDA Margin, and Debt-to-Equity Ratio help investors assess the company's financial health and IPO valuation.
The valuation details below are based on the latest available financial statements and can be used to compare Sotefin Bharat Limited with other listed companies in the engineering and manufacturing sector before making an investment decision.
| KPI | Values |
|---|---|
| ROE | 26.98% |
| ROCE | 33.31% |
| EBITDA Margin | 25.55% |
| PAT Margin | 14.88% |
| Debt to Equity Ratio | 0.31 |
| Earning Per Share (EPS) | ₹13.39 (Basic) |
| Price/Earning (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 26.98% |
| Net Asset Value (NAV) | ₹60.00 |
Note: These valuation metrics are based on the FY2026 financial statements of Sotefin Bharat Limited. Investors should evaluate these figures along with the company's financial performance, growth prospects, industry outlook, and IPO pricing before making an investment decision.
Analysis
Peer Group Comparison
- There are no listed peer companies.
Analysis
IPO Lead Managers aka Merchant Bankers
- Choice Capital Advisors Pvt. Ltd.
FAQ
Sotefin Bharat IPO FAQs
Sotefin Bharat IPO price band is Rs 178.00 to Rs 187.00. Check the latest issue price, lot size and GMP together before applying.
Sotefin Bharat IPO open date is 16 Jul 2026, close date is 20 Jul 2026, and listing date is 23 Jul 2026.
Sotefin Bharat IPO lot size is 600 shares. The minimum retail investment is Rs 2,24,400.
Sotefin Bharat is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Sotefin Bharat IPO subscription status currently shows Retail 3.76x, QIB 2.82x, Overall 3.77x.
Sotefin Bharat Limited provides mechanised and automated parking solutions through turnkey projects. The company designs, manufactures, installs, commissions, and maintains automated parking systems, integrating the required supporting infrastructure to deliver complete end-to-end solutions. Its product portfolio includes customised automated parking systems designed to maximise space utilisation and address different parking requirements. The company manufactures key structural components in-house at its Bagnan, Howrah facility, while sourcing certain specialised components and patented robotic technology from Sotefin SA, Switzerland. It generates revenue primarily by executing parking system projects for government bodies and private real estate developers, along with operations and maintenance (O&M) services. As of March 31, 2026, it had completed more than 55 projects and was executing over 30 projects across India and select international markets, including the United States and Dubai.
Sotefin Bharat IPO issue size is 89.76 and the expected allotment date is 21 Jul 2026.