Sotefin Bharat IPO Details
The Sotefin Bharat IPO is a book built issue with a total issue size of ₹90 crore, comprising of fresh issue of 45,60,000 equity shares. Sotefin Bharat IPO opened for subscription on Jul 16, 2026 and closed on Jul 20, 2026. Sotefin Bharat IPO had set the price band at ₹178 to ₹187 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹2,24,400 (at the upper price band) to apply for one lot.
The basis of allotment is finalized on Jul 21, 2026, and the shares are likely to be listed on both the NSE and BSE on Jul 23, 2026.
Alankit Assignments Ltd has been appointed as the registrar. Choice Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Investors interested in Sotefin Bharat IPO should review the company's financial performance, business objectives, and risk factors mentioned in the Red Herring Prospectus(RHP) or other offered documents before making any investment decisions.
- Price Band
- ₹ 178 – 187
- Lot Size
- 600
- Issue Size
- ₹90 Cr
- Minimum Investment
- ₹224400 (1200 Shares)
- Listing Date
- 23 July 2026
Current GMP
₹1 (+0.53%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Sotefin Bharat Limited
Incorporated in 2012, Sotefin Bharat Ltd. is a leading provider of mechanised and automated parking solutions in India. The company offers complete turnkey parking projects, handling everything from system design and engineering to manufacturing, installation, commissioning, and long-term operations & maintenance (O&M).
Sotefin Bharat delivers advanced parking solutions using Swiss technology from Sotefin SA, a global automated parking specialist with installations in more than 30 countries and over 40,000 parking spaces worldwide.
Product Portfolio
The company offers a wide range of automated parking systems, including:
- Fully Automated Robotic Parking Systems powered by Sotefin SA's proprietary SILOMAT Shuttle and Dolly technology, ideal for large, space-constrained urban projects.
- Puzzle Parking Systems designed for residential and commercial buildings with limited parking space.
- Tower Parking Systems, including Travel Tower, Pallet, and Comb models, suitable for high-density public and institutional facilities.
- Stack Parking Systems, providing affordable parking solutions for residential developments.
In addition to these systems, the company offers customized end-to-end services, including project planning, design, manufacturing, installation, turnkey execution, maintenance, and after-sales support.
Manufacturing & Operations
Sotefin Bharat manufactures key structural components at its Bagnan, West Bengal facility while integrating advanced Swiss engineering to deliver reliable, efficient, and high-quality parking solutions.
As of 31 March 2026, the company had successfully completed more than 55 projects and was executing over 30 ongoing projects across India, the United States, and Dubai. Its strong execution capabilities have enabled it to build a significant presence in major Indian cities such as Delhi, Mumbai, Kolkata, Pune, and Thiruvananthapuram, along with international markets.
Customer Base
The company serves a diversified mix of private and government clients.
Its private sector customers include Hubtown Limited, AUM G.M. Heights, and Mesacon Spaces LLP.
Its government and public sector clients include:
- Municipal Corporation of Delhi (MCD)
- Brihanmumbai Municipal Corporation (BMC/MCGM)
- Central Public Works Department (CPWD)
- Mumbai Metropolitan Region Development Authority (MMRDA)
- National Highways and Infrastructure Development Corporation Limited (NHIDCL)
- South Delhi Municipal Corporation (SDMC)
Order Book
As of 31 March 2026, Sotefin Bharat had an order book of approximately ₹534.4 crore, providing strong revenue visibility for the coming years.
Competitive Strengths
- Strong Swiss engineering expertise adapted for Indian market requirements.
- ISO 9001:2015 certified quality management systems.
- Integrated and scalable turnkey project execution capabilities.
- Proven execution track record across India and international markets.
- Specialized expertise in automated and smart parking technologies.
- Comprehensive operations, maintenance, and after-sales support services.
Business Highlights
Robotic parking systems contributed 94.1% of the company's FY26 revenue, reflecting its strong focus on high-value automated parking solutions. As of 31 March 2026, Sotefin Bharat employed approximately 147 people, supporting its expanding operations and growing project portfolio.
Sotefin Bharat IPO Promoters
- Arup Choudhuri
- Jignesh Pravinchandra Sanghavi
- PISA International Pvt. Ltd.
Promoters Holding
Holding Pre Issue
41.54%
Holding Post Issue
0.00%
Sotefin Bharat IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal 16.87
- Funding capital expenditure requirements for the proposed new office premises 8.17
- Funding working capital requirements of the Company 40.00
- General Corporate Purposes
Sotefin Bharat Limited Address / Contact Details
Sotefin Bharat Ltd. Address
72/B, Barakhola Kalikapur,
Kolkata, West Bengal, 700099
Phone: +91 82 8299 9547
Email: bdas@sotefinbharat.com
Website: https://www.sotefinbharat.com/
IPO Snapshot
Book Running Lead Managers
- Choice Capital Advisors Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Sotefin Bharat IPO?
Sotefin Bharat IPO is a Book-building IPO with a total issue size of ₹90 crore. The Sotefin Bharat IPO price band is ₹178 to 187 per share. The Sotefin Bharat IPO subscription opens on Thu, Jul 16, 2026, and closes on Mon, Jul 20, 2026. The Sotefin Bharat IPO will be listed on the BSE. Alankit Assignments Ltd is the registrar for the Sotefin Bharat IPO.
When will the Sotefin Bharat IPO open for subscription?
The Sotefin Bharat IPO opens on Thu, Jul 16, 2026 and closes on Mon, Jul 20, 2026
What is Sotefin Bharat IPO Price Band?
Sotefin Bharat IPO Price Band is ₹178 to 187 per share.
What is Sotefin Bharat IPO Lot Size?
Sotefin Bharat IPO lot size is 600 shares, Retail investors need a minimum investment of ₹224400 based on the upper price band
What is the minimum investment for Sotefin Bharat IPO?
The minimum investment for Sotefin Bharat IPO is ₹224400, based on one lot of 600 shares at the upper price band of ₹187 per share.
How to apply for Sotefin Bharat IPO?
Investors can apply for the Sotefin Bharat IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jul 20, 2026. The application amount remains blocked until the Sotefin Bharat IPO allotment is finalized.
What is Sotefin Bharat IPO Issue Size?
Sotefin Bharat IPO issue size is ₹90 crores.
What is the Sotefin Bharat IPO Allotment Date?
Sotefin Bharat IPO allotment date is Tue, Jul 21, 2026.
Who is the Sotefin Bharat IPO Registrar?
The registrar for Sotefin Bharat IPO is Alankit Assignments Ltd. Investors can go to Alankit Assignments Ltd website to check Sotefin Bharat IPO allotment status, refund processing, and other IPO-related information.
What is the Sotefin Bharat IPO GMP?
The Sotefin Bharat IPO GMP (Grey Market Premium) is ₹1 as of Mon, Jul 20, 2026. Based on the upper price band of ₹187 per share, the estimated Sotefin Bharat IPO listing price is ₹188, indicating a potential listing gain of approximately 0.53% over the issue price.