Sotefin Bharat was incorporated on March 16, 2012. The company provides mechanised and automated parking solutions, offering end-to-end turnkey services that combine advanced parking technologies with supporting infrastructure. It has completed over 55 projects and is executing more than 30 projects across India and international markets, demonstrating its strong execution capabilities
| Bidding Dates |
|---|
| 16 Jul 2026 - 20 Jul 2026 |
| Subscription |
|---|
| 3.78x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,13,600 | 2 | 2 | 600 | 4.8 M | ₹178 - ₹187 | 45.69 % | ₹854.4 M - ₹897.6 M | RHP DOC |
Sotefin Bharat IPO SUBSCRIPTION STATUS
20 Jul '26Sotefin Bharat IPO overall subscription rate was 3.78 times the total available shares
Sotefin Bharat IPO retail subscription rate was 5.02 times in the retail segment
Sotefin Bharat IPO non-institutional investor subscription rate was 8.51 times in the non-institutional investor category
Sotefin Bharat IPO Qualified Institutional Bidder subscription rate was 1.5 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
20 Jul 2026 (Day 3) | 5.02x | 8.51x | 1.5x |
17 Jul 2026 (Day 2) | 1.36x | 2.01x | 0.07x |
16 Jul 2026 (Day 1) | 0.5x | 0.31x | - |
Sotefin Bharat FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 116.7 | 17.4 | -6.9 | -16.7 | 25.6% |
| FY25 | 93.8 | 11.3 | 4.0 | 0.5 | 19.7% |
| FY24 | 56.3 | 6.2 | 1.3 | 0.9 | 18.7% |
Sotefin Bharat IPO SUBSCRIPTION STATUS DETAILS
Sotefin Bharat had 4.8 M shares on offer
Sotefin Bharat IPO offer price was in the range ₹178 - ₹187
Sotefin Bharat IPO minimum Investment was ₹213600
Sotefin Bharat IPO issue size was ₹ 854.4 M - ₹ 897.6 M
Sotefin Bharat had a minimum lot size of 600 Shares per application
Sotefin Bharat NUMBER OF SHARES ON OFFER
Sotefin Bharat IPO IMPORTANT DATES
| Issue Open Date | 16 Jul 2026 |
| Issue close Date | 20 Jul 2026 |
| Allotment Date | 21 Jul 2026 |
| Refund Date | 22 Jul 2026 |
| Demat Account Credit Date | 22 Jul 2026 |
| Listing Date | 23 Jul 2026 |
| Listing on Exchange(s) | BSE |
| Sotefin Bharat Allotment Status | Exchange/ Registrar |
Sotefin Bharat IPO subscription opened on 16 Jul 2026, and closed on 20 Jul 2026
IPO allotment for Sotefin Bharat was finalized on Tuesday, 21 Jul 2026
IPO listing for Sotefin Bharat was on BSE on Thursday, 23 Jul 2026
Sotefin Bharat IPO LISTING GAINS
| Issue Price (adjusted) | 187.0 |
| Listing Open Price | 205.0 |
| Listing Close Price | 215.3 |
| Listing Gain% | 9.6% |
| Current Gain% | 9.0% |
Sotefin Bharat Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sotefin Bharat Ltd. | 203.8 | 370.2 | 21.3 | 0.4 | 3.1 | 22.2 | 13.4 | 118.2 | 25.6 | 17.4 | 53.6 | 9.6 | 53.6 |
| Cummins India Ltd. | 5426 | 150408.7 | 63.5 | 6 | 11.9 | 27.9 | 20.9 | 12660.5 | 16.8 | 2361.8 | 18.1 | 85.4 | 10.6 |
| GE Vernova T&D India Ltd. | 4299 | 110074.4 | 84.3 | 1.2 | 16.4 | 45.8 | 15.9 | 6297.2 | 44.6 | 1233.2 | 102.7 | 51 | 70.6 |
| 3M India Ltd. | 36035 | 40593.8 | 77.7 | 6.4 | 8 | 29.5 | 16.6 | 5138.5 | 13.8 | 522.3 | 9.7 | 463.7 | 12.2 |
| Kirloskar Oil Engines Ltd. | 2161.7 | 31457 | 57.6 | 3.7 | 4 | 15.9 | 5.3 | 7771.2 | 21.5 | 574.3 | 17.4 | 37.5 | 15.8 |
| Jyoti CNC Automation Ltd. | 784.3 | 17836.8 | 55.4 | -12.6 | 8.1 | 16.8 | 9.3 | 2153.6 | 17.5 | 336 | 6.3 | 14.1 | -4.4 |
Sotefin Bharat INFORMATION ON IPO ISSUE
About Sotefin Bharat
Sotefin Bharat was incorporated on March 16, 2012. The company provides mechanised and automated parking solutions, offering end-to-end turnkey services that combine advanced parking technologies with supporting infrastructure. It has completed over 55 projects and is executing more than 30 projects across India and international markets, demonstrating its strong execution capabilities
Object of the Issue
- Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal
- Funding capital expenditure requirements for the proposed new office premises
- Funding working capital requirements of the company
- General corporate purposes
Sotefin Bharat - PROMOTERS
| Name |
|---|
| Arup Choudhuri |
| Jignesh Pravinchandra Sanghavi |
| Pisa International Private Limited |
Sotefin Bharat - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Arup Choudhuri | Chairman & Managing Director |
| Jignesh Pravinchandra Sanghavi | Executive Director |
| Monalisa Ghosh | Executive Director |
| Durga Shanker Mishra | Independent Director |
| Sitaram Janardan Kunte | Independent Director |
| Girraj Prasad Garg | Independent Director |
Sotefin Bharat Book Running Lead Manager
Choice Capital Advisors Private Limited
sbl.ipo@choiceindia.com
Sotefin Bharat Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Sotefin Bharat Strengths
Scalable execution capabilities
The company follows a fully integrated business model, managing design, manufacturing, installation, and maintenance in-house to ensure better quality, timely execution, and seamless system integration. Its customized and scalable parking solutions serve diverse applications while delivering high reliability, minimal downtime, and future expansion flexibility
Diversified client base
The company has completed over 55 automated parking projects across India and international markets, serving leading real estate developers and government organizations. Its strong execution track record, repeat business, and order book of Rs 534.39 crore provide healthy revenue visibility and support future growth
Swiss engineering excellence adapted for India
The company benefits from its long-standing association with Sotefin SA, Switzerland, enabling access to proven automated parking technology and engineering expertise. By combining global technology with localized manufacturing and customization, it delivers reliable, cost-effective solutions tailored to Indian customer requirements
Sotefin Bharat Risks
Competition
The company operates in a highly competitive and fragmented industry, facing competition from established players as well as low-cost suppliers. Intense competition may lead to pricing pressure, loss of market share, higher operating costs, and reduced profitability
Business diversification risk
The company plans to diversify into automated storage and retrieval systems, but these new business areas involve significant execution, investment, and market acceptance risks. Any failure to successfully expand beyond its core business could adversely affect its financial performance and growth prospects
Regulatory & reputation risks
The company must comply with stringent domestic and international technical and safety standards for its automated parking systems. Any failure to maintain these standards or certifications could result in penalties, contract losses, legal liabilities, reputational damage, and higher compliance costs, adversely affecting its business and financial performance
IPO FAQs
The promoters of the company are Arup Choudhuri, Jignesh Pravinchandra Sanghavi and Pisa International Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 178.0 - 187.0.
The IPO application opens on Jul 16, 2026 and closes on Jul 20, 2026.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 213,600.0, the maximum value for this IPO is Rs 224,400.0.
This IPO will be allotted on Jul 21, 2026.
The refund will be credited to your account on Jul 22, 2026.
The allotted shares will be credited to your demat on Jul 22, 2026.
Sotefin Bharat Ltd.’s shares listed on the stock exchanges on Jul 23, 2026.