| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹89.76 Cr |
| Reserved for Market Maker | ₹4.49 Cr |
| Net Issue Size | ₹89.76 Cr |
| Fresh Issue | ₹85.27 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹178.00-187.00 per share |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Choice Capital Advisors Pvt.Ltd. |
| Allotment Date (Tentative) | 21st Jul 2026 |
| DRHP |
| RHP |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
Minimum bid: 1,200 shares · Multiples of 600 shares
Sotefin Bharat IPO comprises a total issue size of 48,00,000 shares. The net offer to the public is 45,60,000 shares, after excluding 2,40,000 shares allotted on a firm basis. Of the Net offer 22,80,000 (50.00%) are allocated to QIB, 6,84,000 (15.00%) allocated to NII 15,96,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 22,80,000 | 50.00% | 47.50% |
| − Anchor Investor Shares Offered | 13,68,000 | 28.50% | |
| − QIB (Ex. Anchor) Shares Offered | 9,12,000 | 19.00% | |
| NII (HNI) Shares Offered | 6,84,000 | 15.00% | 14.25% |
| − bNII > ₹10L | 4,56,000 | 9.50% | |
| − sNII < ₹10L | 2,28,000 | 4.75% | |
| Retail Shares Offered | 15,96,000 | 35.00% | 33.25% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,40,000 | 5.00% | |
| Total Shares Offered | 48,00,000 | 100.00% | 100.00% |
Incorporated in 2012, Sotefin Bharat is engaged in the business of providing mechanised and automated parking solutions, offering comprehensive turnkey services to our customers. Its solutions seamlessly integrate advanced automated parking technologies with the necessary supporting infrastructure, enabling end-to-end execution.
Product Portfolio
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 June 30, 2025, the company has successfully completed over 50 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 of June 30, 2025, our order book stood at ₹67,708.82 lakh.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal | 20.13 |
| 2 | Funding capital expenditure requirements for the proposed new office premises | 8.17 |
| 3 | Funding working capital requirements of the Company | 40.00 |
| 4 | General Corporate Purposes | |
| Total | 68.30 |
Sotefin Bharat Ltd.'s revenue increased by 26% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 129.06 | 98.68 | 60.64 |
| Total Income | 118.23 | 94.15 | 56.87 |
| Profit After Tax | 17.37 | 11.31 | 6.25 |
| EBITDA | 29.83 | 18.46 | 10.54 |
| NET Worth | 78.11 | 50.63 | 21.92 |
| Reserves and Surplus | 70.57 | 55.35 | 26.88 |
| Total Borrowing | 24.01 | 12.16 | 18.78 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 26.98% |
| ROCE | 33.31% |
| Debt / Equity | 0.31% |
| RoNW | 26.98% |
| PAT Margin | 14.88% |
| EBITDA Margin | 25.55% |
| Price to Book Value | 4.68 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 13.00 | 9.56 |
| P/E (x) | 14.38 | 19.55 |
| Promoter Holding | 41.54% | |
| Market Cap | ₹339.60 Cr. | |