Sotefin Bharat Limited logo

IPO details · Updated

Sotefin Bharat Limited

ClosedSMEBSE: 544832
Check Allotment
Price Band
₹178 – ₹187
Lot Size
600 shares
Min. Investment
₹1,12,200
Issue Size
₹89.76 Cr
Offer Dates
16 Jul – 20 Jul 2026
Listing
23 Jul 2026

Issue Details

Full details →
Total Issue Size
₹89.76 Cr
48,00,000 shares
Fresh Issue
₹89.76 Cr
48,00,000 shares
Offer for Sale
₹0 Cr
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
BSE SME
Shares Pre-Issue
1,33,60,307
Shares Post-Issue
1,81,60,307

IPO Timeline

  1. Offer opens

    16 Jul 2026

  2. Offer closes

    20 Jul 2026

  3. Allotment

    21 Jul 2026

  4. Listing

    23 Jul 2026

Issue Allocation

Share of the offer reserved for each investor category

  • Anchor28.5%13,68,000 shares
  • QIB19.0%9,12,000 shares
  • HNI14.2%6,84,000 shares
  • Retail33.3%15,96,000 shares
  • MarketMaker5.0%2,40,000 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
QIB9,12,00025,71,840
2.82x
NII6,84,00041,38,200
6.05x
Retail15,96,00060,32,880
3.78x
Total31,92,0001,27,42,920
3.99x

Lot Size & Investment

1 lot = 600 shares

Retail (min)

2 lots · 1,200 shares

Retail (max)

2 lots · 1,200 shares

S-HNI (min)

3 lots · 1,800 shares

ApplicationLotsSharesAmount
Retail21,200₹2,24,400
Small HNI (S-HNI)31,800₹3,36,600
Big HNI (B-HNI)95,400₹10,09,800

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets129.0698.6860.64
Total Income118.2394.1556.87
Profit After Tax17.3711.316.25
EBITDA29.8318.4610.54
Net Worth78.1150.6321.92
Reserves & Surplus70.5755.3526.88
Total Borrowing24.0112.1618.78

Key Performance Indicators

Key performance indicators
PeriodMar-26
ROE (%)26.98
ROCE (%)33.31
EPS (₹)13
P/E (pre-issue)14.38
P/E (post-issue)19.55

About Sotefin Bharat Limited

Incorporated in 2012, Sotefin Bharat is engaged in the business of providing mechanised and automated parking solutions, offering comprehensive turnkey services to thier customers. Its solutions seamlessly integrate advanced automated parking technologies with the necessary supporting infrastructure, enabling end-to-end execution. Product Portfolio Fully automated robotic parking systems powered by Sotefin SA’s proprietary SILOMAT Shuttle and Dolly technology, suitable for large-scale, high-capacity projects in space-constrained and congested urban areas. Puzzle parking systems tailored for compact residential and commercial developments. Tower parking systems, including Travel Tower, Pallet, and Comb types, are designed for high-density public and institutional facilities and Stack parking systems offer cost-effective solutions for residential use (Source: D&B Report). In addition, the company provides customized end-to-end solutions, including system design, manufacturing, installation, turnkey execution, operations and maintenance (O&M), and comprehensive after-sales services. As of March 31, 2026, the company has successfully completed over 55 projects and is currently executing more than 30 projects across multiple locations in India as well as international markets such as the United States and Dubai. It has executed projects across major Indian metropolitan cities such as Delhi, Kolkata, Mumbai, Pune, and Trivandrum, in addition to projects in international markets including the United States and Dubai, underscoring our strong pan-India and international execution track record. Its customer base includes private real estate developers and various government and public sector bodies across India. Its private sector customers include AUM G M Heights, Hubtown Limited, and Mesacon Spaces LLP, and government and public sector clientele comprises the Municipal Corporation of Delhi (MCD), Municipal Corporation of Greater Mumbai (MCGM/BMC), Central Public Works Department (CPWD), Mumbai Metropolitan Region Development Authority (MMRDA), National Highways and Infrastructure Development Corporation Limited (NHIDCL), and South Delhi Municipal Corporation (SDMC). As on March 31, 2026, the company had approximately 147 employees. Competitive Strengths Swiss Engineering Excellence Adapted for India International Quality and Safety Certifications like ISO 9001:2015 certification Integrated, Customized, and Scalable Execution Capabilities Established Execution Track Record and Diversified Client Base Domain Expertise in Automated and Smart Parking Solutions Comprehensive Post-Sale Service and Long-Term Support

Objects of the Issue

  • Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal (₹20.13 Cr)
  • Funding capital expenditure requirements for the proposed new office premises (₹8.17 Cr)
  • Funding working capital requirements of the Company (₹40.00 Cr)
  • General Corporate Purposes (₹8.88 Cr)
  • Issue Expenses (₹12.58 Cr)

Promoters

  • <p>Arup Choudhuri
  • Jignesh Pravinchandra Sanghavi
  • PISA International Pvt.Ltd.</p>

Company Information

Book running lead managers
  • Choice Capital Advisors Pvt.Ltd.
Registered office
72/B,, Barakhola Kalikapur,, Kolkata, West Bengal, 700099
Market maker
Choice Equity Broking Pvt.Ltd.

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.