Sotefin Bharat IPO

Listed SME
Min Investment
₹2,24,400
1200 Shares
Min Investment
₹2,24,400 · 1200 Shares
Open Jul 16
Close Jul 20
Allotment Jul 21
Refund Jul 22
Listing Jul 23
Price Band ₹178–187
Lot Size 600 shares
Issue Size ₹90 Cr
Listed At ₹205.00 +9.6%
Subscribed 4.06×
Listed On BSE SME
Listing Price
₹205.00 (+9.63%)
vs issue price
Current Price (BSE)
₹257.30 (+37.59%)
at close, 09 Oct

Market Sentiment

Grey Market Premium What is GMP?
+₹2.5
+1.3%
Est. Listing: ₹189.5
Updated: Jul 22, 2026 6:59 pm
GMP estimate ₹189.5
Actual listing ₹205
Listed above the GMP estimate by ₹15.5 (+8.2%)
Subscription Status
QIB
2.82x
NII
6.40x
bNII (>10L)
7.81x
sNII (2-10L)
3.58x
Retail
3.76x
Total
4.06x
Updated: Jul 20, 2026 5:00 pm IST
Analysis Score 44 / 100
Mixed Signals
Data: 80%
GMP Score 48
Subscription Score 25
Financial Health 76
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Price Band₹178–187 per equity share
Face Value₹10 Per Equity Share
Lot Size 600 shares (Min 2 lots · ₹2,24,400)
Total Issue Size ₹90.00 crore
Fresh IssueEntire issue — no offer for sale, so all proceeds go to the company
Issue TypeBook Building Issue
Lead Manager Choice Capital Advisors Pvt. Ltd.
Registrar Alankit Assignments Ltd.
Listing atBSE SME
BSE Code544832
ISININE12Z301012
Listing Price₹205.00
Listing Gain+9.63%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 5
QIB 0.00x 0.13x 2.82x
NII 0.17x 1.12x 6.40x
bNII > ₹10L 0.24x 1.96x 7.81x
sNII 2-10L 0.24x 0.62x 3.58x
Retail 0.37x 1.02x 3.76x
Total 0.22x 0.81x 4.06x

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 1,200 ₹2,24,400
Retail Maximum 2 1,200 ₹2,24,400
S-HNI Minimum 3 1,800 ₹3,36,600
S-HNI Maximum 8 4,800 ₹8,97,600
B-HNI Minimum 9 5,400 ₹10,09,800
Budget to Lots Calculator ▼
₹

IPO Reservation

Category Shares Offered Shares %
QIB9,12,00020.00%
NII (HNI)6,84,00015.00%
bNII > ₹10L4,56,00010.00%
sNII < ₹10L2,28,0005.00%
Retail15,96,00035.00%
Anchor13,68,00030.00%
Total45,60,000

Financial Analysis

Financial Data

EPS (Pre)
₹13.39
ROE
26.98%
ROCE
33.31%
RoNW
26.98%
EBITDA Margin
25.55%
Debt/Equity
0.31
NAV/Share
₹60.00
Revenue Growth
25.58%
Profit Margin
14.69%

Financial Performance

Metric 2023 2024 2025 2026
Revenue 37.31 56.87 94.15 118.23
Expense 31.62 48.27 77.97 93.17
Profit (PAT) 4.00 6.25 11.31 17.37
Total Assets 46.48 60.64 98.68 129.06
Values in Crores (₹)

Promoters & Holding Pattern

Promoters: Arup Choudhuri, Jignesh Pravinchandra Sanghavi, and PISA International Pvt. Ltd

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 1,33,60,307 41.54%

Strengths & Risks

Strengths
  • Strong institutional (QIB) demand — 2.8x.
  • Revenue grew 26% in the latest reported year.
  • Solid profit margin — 14.7%.
  • Strong return on equity — 27%.
  • Low leverage — debt/equity of 0.31.
Risks & Concerns
  • Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Sotefin Bharat

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.

Company Contact Information

Sotefin Bharat Ltd., 72/B, Barakhola Kalikapur,, Kolkata, West Bengal, 700099

Objects of the Issue

Purpose Amount (Cr)
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 -

Resources & Documents

Anchor Investors

Anchor Bidding Date
July 15, 2026
Shares Offered to Anchors
13,68,000
Lock-in End (30 Days, 50%)
August 14, 2026
Lock-in End (90 Days, 50%)
October 15, 2026

Sotefin Bharat IPO - Quick Take

Sotefin Bharat has set a price band of Rs 178–Rs 187 per share for an issue size of Rs 90 crore. The stock listed with a 9.63% gain versus its issue price on July 23, 2026.

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 issue is promoted by Arup Choudhuri, Jignesh Pravinchandra Sanghavi, and PISA International Pvt. Ltd with Choice Capital Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal (Rs 20 crore) and Funding capital expenditure requirements for the proposed new office premises (Rs 8 crore).

On fundamentals, the company is posting revenue growth of 25.6%, a profit margin of 14.7%, return on equity of 27.0% in its most recent reported period.

On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Sotefin Bharat IPO is Rs 178 to Rs 187 per share. Face value is Rs 10 per share.

The total issue size of Sotefin Bharat IPO is Rs 90 crore, comprising fresh issue of Rs 90 crore.

Retail investors must apply for a minimum of 1 lot of 1200 shares, requiring an investment of Rs 2,24,400.

Sotefin Bharat IPO opens for subscription on July 16, 2026 and closes on July 20, 2026. Anchor investor bidding is scheduled for July 15, 2026.

The expected allotment date for Sotefin Bharat IPO is July 21, 2026. Refunds for unsuccessful applicants are expected on July 22, 2026.

Sotefin Bharat IPO is scheduled to list on July 23, 2026 on BSE. BSE script code: 544832, ISIN: INE12Z301012.

The current GMP (Grey Market Premium) of Sotefin Bharat IPO is +Rs 2.5 (+1.3% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Sotefin Bharat IPO is currently subscribed 4.06 times overall — retail at 3.76x, QIB at 2.82x, NII at 6.40x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 3.76x for Sotefin Bharat IPO, the estimated retail allotment probability is approximately 30.3%. This is a moderate probability of allotment.

The registrar for Sotefin Bharat IPO is Alankit Assignments Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Sotefin Bharat IPO are Choice Capital Advisors Pvt. Ltd..

The promoter(s) of Sotefin Bharat are Arup Choudhuri, Jignesh Pravinchandra Sanghavi, and PISA International Pvt. Ltd.

Sotefin Bharat IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.

See the full Sotefin Bharat GMP history and trend, or learn how grey market premium works and how reliable it is.

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