Sotefin Bharat IPO GMP & Allotment
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 Price Band
- ₹178.00 - ₹187.00
- Lot Size
- 600 Shares
- Bidding Closes
- 20 Jul 2026
- Listing Date
- 23 Jul 2026
Sotefin Bharat IPO GMP Today & Key Takeaways
Sotefin Bharat IPO officially listed on 23 Jul 2026 at Rs 205.00, delivering a +9.63% listing gain compared to its issue price of Rs 187.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹2.
Sotefin Bharat IPO officially listed on 23 Jul 2026 at ₹205.00, delivering a +9.63% listing gain compared to its issue price of ₹187.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹2.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹2 | +1.07% vs upper band (20 Jul 2026) |
| Est. Listing Price | ₹205.00 | +9.63% Est. Listing Gain |
| Price Band | ₹178.00 - ₹187.00 | SME IPO |
| Retail Minimum Investment | ₹2,24,400 | 2 Lot (600 Shares) |
| Bidding Window | 16 Jul 2026 – 20 Jul 2026 | Listed |
| Allotment & Listing Dates | Allotment: 21 Jul 2026 | Listing: 23 Jul 2026 |
Complete IPO information
| IPO Open Date | 16 Jul 2026 |
|---|---|
| IPO Close Date | 20 Jul 2026 |
| IPO Price Band | ₹178.00 - ₹187.00 |
| Lot Size | 600 Shares |
| Current GMP | ₹2 |
| Estimated Listing Gain | +9.63% |
| Issue Size | Approx ₹89.76 Cr |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 3.77x |
| Minimum Investment | ₹2,24,400 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Sotefin Bharat is priced at ₹187 per share. With a minimum lot size of 600 shares, a retail investor applying for one lot would need approximately ₹2,24,400 to participate in this SME issue.
The latest recorded Grey Market Premium for Sotefin Bharat stands at ₹2, implying an estimated listing gain of around 1.07% over the issue price if it holds until listing. This is down ₹4 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Sotefin Bharat's IPO was subscribed 3.77x overall, with a category-wise breakdown of Retail 3.76x, QIB 2.82x.
Among the strengths highlighted in Sotefin Bharat's IPO documents: 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..
Investors should also weigh the risk factors Sotefin Bharat has disclosed, including: The company depends on patented parking robot technology sourced from Sotefin SA, Switzerland..
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 16 Jul 2026 | Completed |
| Bidding Closes | 20 Jul 2026 | Completed |
| Allotment | 21 Jul 2026 | Completed |
| Listing | 23 Jul 2026 | Completed |
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 20 Jul 2026 | ₹13.00 | -₹4.00 | 6.95% |
| 14 Jul 2026 | ₹17.00 | - | 9.09% |
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 |
Objects of the Issue & Official Documents
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.
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% |
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 |
Sotefin Bharat IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 16 Jul 2026 |
| IPO Close Date | 20 Jul 2026 |
| Basis of Allotment | 21 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 23 Jul 2026 |
Note: The timeline for Sotefin Bharat IPO is tentative and subject to change.
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 | -% |
Sotefin Bharat Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
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.
Sotefin Bharat Company Financials
To Be Updated Soon
Sotefin Bharat Company Valuation – FY2026
To Be Updated Soon
Sotefin Bharat IPO Peer Group Comparison
To Be Updated Soon
IPO Lead Managers aka Merchant Bankers
- Choice Capital Advisors Pvt. Ltd.
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