Sotefin Bharat Limited IPO

IPO Details

• Open Date: 16 July 2026
• Close Date: 20 July 2026
• Minimum Investment: ₹2,24,400
• Lot Size: 600 shares (Minimum application: 1,200 shares)
• Price Range: ₹178 to ₹187 per share
• Listing: BSE SME
• Issue Size: ₹89.76 Crore (approximately ₹90 Crore)
• Listing Date: 23 July 2026

IPO Timeline

• Bidding Start: 16 July 2026
• Bidding Ends: 20 July 2026
• Allotment Finalisation: 21 July 2026
• Refund Initiation: 22 July 2026
• Demat Transfer: 22 July 2026
• Listing: 23 July 2026

About Sotefin Bharat Limited

Sotefin Bharat Limited, incorporated in 2012, specialises in providing mechanised and automated parking solutions through comprehensive turnkey execution. The company designs, manufactures, installs, commissions, and maintains advanced parking systems, including robotic, puzzle, tower, and stack parking solutions. Backed by Sotefin SA’s proprietary technology, it serves residential, commercial, institutional, and government clients across India and selected international markets, including the United States and Dubai. As of March 2026, the company had completed over 55 projects while executing more than 30 ongoing projects. Its customer base includes leading private developers and government agencies, supported by strong engineering expertise and after-sales services.

Sotefin Bharat Limited IPO Overview

Sotefin Bharat Limited is launching a Bookbuilding SME IPO aggregating up to ₹89.76 crore, comprising an entirely fresh issue of 48,00,000 equity shares, with no Offer for Sale. The IPO opens for subscription on 16 July 2026 and closes on 20 July 2026, while the tentative listing on the BSE SME platform is scheduled for 23 July 2026. The company has fixed the price band at ₹178-₹187 per share, with investors required to apply for a minimum of 1,200 shares.

The allotment is expected on 21 July 2026, followed by refunds and credit of shares on 22 July 2026. Choice Capital Advisors Pvt. Ltd. is the Book Running Lead Manager, Bigshare Services Pvt. Ltd. acts as the registrar, and Choice Equity Broking Pvt. Ltd. is the designated market maker. The IPO proceeds will primarily fund capacity expansion, office infrastructure, working capital, and general corporate purposes.

Sotefin Bharat Limited IPO Details

Particulars	Details
IPO Date	16 July 2026 to 20 July 2026
Listing Date	23 July 2026
Face Value	₹10 per share
Issue Price Band	₹178 to ₹187 per share
Lot Size	600 Shares
Total Issue Size	48,00,000 shares (aggregating up to ₹89.76 Cr)
Fresh Issue	48,00,000 shares (aggregating up to ₹89.76 Cr)
Offer for Sale	Nil
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	1,33,60,307 shares
Share Holding Post Issue	1,81,60,307 shares
Market Maker Portion	2,40,000 shares

Sotefin Bharat Limited IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII (HNI)	Not less than 15% of the Net Issue

Sotefin Bharat Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	1,200	₹2,24,400
Retail (Max)	2	1,200	₹2,24,400
S-HNI (Min)	3	1,800	₹3,36,600
S-HNI (Max)	8	4,800	₹8,97,600
B-HNI (Min)	9	5,400	₹10,09,800

Sotefin Bharat Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	41.54%
Post-Issue	To be updated after allotment

Sotefin Bharat Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹13.00 (Pre IPO), ₹9.56 (Post IPO)
Price/Earnings (P/E) Ratio	14.38x (Pre IPO), 19.55x (Post IPO)
Return on Net Worth (RoNW)	26.98%
Net Asset Value (NAV)	Not Available
Return on Equity	26.98%
Return on Capital Employed (ROCE)	33.31%
EBITDA Margin	25.55%
PAT Margin	14.88%
Debt to Equity Ratio	0.31

Objectives of the Proceeds

• ₹20.13 crore will be utilised for establishing a new manufacturing facility in Kolkata, strengthening production capacity and supporting future business expansion.
• ₹8.17 crore will be invested in acquiring and developing new office premises to improve operational efficiency and administrative capabilities.
• ₹40 crore will be deployed towards meeting the company’s growing working capital requirements and supporting ongoing project execution.
• The remaining proceeds will be used for general corporate purposes, including strategic initiatives, operational requirements, and business development activities.

Key Financials (₹ crore)

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	129.06	98.68	60.64
Revenue (Total Income)	118.23	94.15	56.87
Profit After Tax	17.37	11.31	6.25
Reserves and Surplus	70.57	55.35	26.88
Total Borrowings	24.01	12.16	18.78

 SWOT Analysis of Sotefin Bharat Limited

Strengths & Opportunities	Weaknesses & Threats
Proven expertise in automated and mechanised parking solutions with turnkey execution capabilities.	Business depends significantly on infrastructure and real estate sector investments.
Strong technology support through Swiss engineering and proprietary parking systems.	Project execution delays may affect revenue recognition and profitability.
Diversified customer base comprising private developers and government organisations.	High working capital requirements due to project-based business model.
Completed over 55 projects with more than 30 ongoing assignments.	Revenue concentration from a limited number of large contracts.
Presence across major Indian cities and overseas markets enhances growth prospects.	Competitive industry with both domestic and international technology providers.
ISO-certified quality and safety standards improve customer confidence.	Changes in government procurement policies may impact order inflows.
Increasing urbanisation and parking infrastructure demand create long-term opportunities.	Raw material cost fluctuations could pressure operating margins.
Growing adoption of smart city projects supports future business expansion.	Economic slowdowns may delay commercial and residential construction projects.

Peer Group Comparison

As per the RHP, there are no listed companies that are directly comparable to Sotefin Bharat Limited. Therefore, the company has not provided a peer comparison table.

FAQs

1. How can I apply for Sotefin Bharat Limited IPO?

You can apply for the Sotefin Bharat Limited IPO through HDFC Sky using the UPI-based ASBA process. After submitting your application, approve the UPI mandate within the stipulated timeline to complete the bidding process successfully.

2. What is the price band of the Sotefin Bharat Limited IPO?

The IPO has been priced in the range of ₹178 to ₹187 per equity share. Investors can place bids within this band during the subscription period based on their investment preference.

3. What is the minimum investment required for the Sotefin Bharat Limited IPO?

Retail investors are required to apply for a minimum of 1,200 shares, which translates to a minimum investment of ₹2,24,400 based on the upper end of the price band.

4. When will the Sotefin Bharat Limited IPO be listed?

The shares of Sotefin Bharat Limited are proposed to be listed on the BSE SME platform on 23 July 2026, subject to successful completion of the IPO process and regulatory approvals.

5. What will the IPO proceeds be used for?

The company plans to utilise the IPO proceeds for establishing a manufacturing facility in Kolkata, acquiring new office premises, funding working capital requirements, and meeting general corporate purposes to support future business growth.

Infographic Content

Sotefin Bharat Limited IPO Highlights

Sotefin Bharat Limited is a leading provider of automated and mechanised parking solutions, offering turnkey services including design, manufacturing, installation, operations, maintenance, and smart parking technologies for residential, commercial, institutional, and government infrastructure projects.

• Offer Size: ₹89.76 Crore (Fresh Issue: ₹89.76 Crore; OFS: Nil)
• Purpose: Funds will be used for setting up a manufacturing facility, acquiring new office premises, meeting working capital requirements, and general corporate purposes.
• Financials (FY2026): Revenue: ₹118.23 crore | PAT: ₹17.37 crore | EPS: ₹13.00
• Listing: SME IPO on BSE