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SB

Sotefin Bharat IPO

Listed SME BSE SME · Other Industrial Products

Price Band

₹178.0–187.0

Issue Size

₹89.76 Cr

Lot Size

600 shares

Min Investment

₹224,400

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹2.5 (1.34%)

Issue Price

₹187.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹1100

Paid only if allotted

Sotefin Bharat IPO AI Summary

  • Sotefin Bharat IPO is listed on BSE SME in the Other Industrial Products sector.
  • Price band: ₹178.0–₹187.0 per share, lot size 600 shares (min. investment ₹224,400, 2 lots minimum).
  • Subscription window: 16 Jul–20 Jul 2026, listing on 23 Jul 2026.
  • Current GMP is +₹2.5 (1.34%), an estimated listing price of ₹190 — unofficial and can change daily.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Thu, 16 Jul 2026
IPO Close Date
Mon, 20 Jul 2026
Allotment Date
Tue, 21 Jul 2026
Refund Initiation
Wed, 22 Jul 2026
Credit of Shares
Wed, 22 Jul 2026
Listing Date
Thu, 23 Jul 2026
Listing Price
₹189.5 +1.34%

Subscription Status

Overall Subscription

3.99x

Subscribed
Category Subscription Status
QIB (Institutional)
2.82x
2.82x
NII (HNI)
6.05x
6.05x
↳ bNII (>₹10L)
7.28x
7.28x
↳ sNII (<₹10L)
3.59x
3.59x
Retail (RII)
3.78x
3.78x
Total 3.99x 3.99x

Auto-updated every 5 min · As of 20th Jul 2026 18:56

Sotefin Bharat IPO Grey Market Premium (GMP) Today

GMP

+₹2.5

GMP %

+1.34%

Est. Listing

₹189.5

Updated: 23 Jul 2026 09:00

GMP Trend (Last 10 Days)

Day-wise GMP Trend 10 Days

GMP Date IPO Price GMP Est. Listing Price
(Cap Price + GMP)
Est. Profit* Last Updated
22-07-2026 ₹187.0 ₹3.0 ₹190.0 (+1.6%) ₹1,800 22-Jul-2026 18:00
21-07-2026 ₹187.0 ₹1.0 ₹188.0 (+0.53%) ₹600 21-Jul-2026 18:00
20-07-2026 ₹187.0 ₹3.0 ₹190.0 (+1.6%) ₹1,800 20-Jul-2026 18:00
19-07-2026 ₹187.0 ₹13.0 ₹200.0 (+6.95%) ₹7,800 19-Jul-2026 18:00
18-07-2026 ₹187.0 ₹13.0 ₹200.0 (+6.95%) ₹7,800 18-Jul-2026 18:00
17-07-2026 ₹187.0 ₹18.0 ₹205.0 (+9.63%) ₹10,800 17-Jul-2026 18:00
16-07-2026 ₹187.0 ₹22.0 ₹209.0 (+11.76%) ₹13,200 16-Jul-2026 18:00
15-07-2026 ₹187.0 ₹22.0 ₹209.0 (+11.76%) ₹13,200 15-Jul-2026 15:46
14-07-2026 ₹187.0 ₹21.0 ₹208.0 (+11.23%) ₹12,600 14-Jul-2026 18:00
13-07-2026 ₹187.0 ₹17.0 ₹204.0 (+9.09%) ₹10,200 13-Jul-2026 18:00

* Estimated Profit/Loss per lot. GMP × Market Lot.

IPO Live GMP

About the Company

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 Fully automated robotic parking systems powered by Sotefin SA&rsquo;s proprietary SILOMAT Shuttle and Dolly technology, suitable for large-scale, high-capacity projects in space-constrained and congested urban areas. Puzzle parking systems tailored for compact residential and commercial developments. Tower parking systems, including Travel Tower, Pallet, and Comb types, are designed for high-density public and institutional facilities and Stack parking systems offer cost-effective solutions for residential use (Source: D&B Report). 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 Swiss Engineering Excellence Adapted for India International Quality and Safety Certifications like ISO 9001:2015 certification Integrated, Customized, and Scalable Execution Capabilities Established Execution Track Record and Diversified Client Base Domain Expertise in Automated and Smart Parking Solutions Comprehensive Post-Sale Service and Long-Term Support

Company Financials (₹ Cr)

As of 2026-03-31

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

Key Ratios

EPS

₹13.00

NAV

₹60.00

ROE

26.98%

ROCE

33.31%

RoNW

26.98%

P/B Value

4.68

P/E Ratio

14.38

Market Cap

₹339.60 Cr

PAT Margin

14.88%

Debt/Equity

0.31

Promoters

Arup Choudhuri, Jignesh Pravinchandra Sanghavi, PISA International Pvt.Ltd.

Objects of the Issue

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

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income increased from ₹56.87 Cr for the period ending 31 Mar 2024 to ₹94.15 Cr by 31 Mar 2025, and further rose to ₹118.23 Cr by 31 Mar 2026. This indicates a consistent upward trend in revenue over the observed periods.

Profit Trend

Profit After Tax (PAT) grew from ₹6.25 Cr for the period ending 31 Mar 2024 to ₹11.31 Cr by 31 Mar 2025, and further increased to ₹17.37 Cr by 31 Mar 2026. This shows a strong growth trajectory in profitability across the periods.

Valuation

The company's implied P/E at the issue price of ₹187.0 is 14.38, compared to peers trading within a range that is not specified in the input.

Grey Market Premium, Explained

The Grey Market Premium (GMP) is an unofficial indicator of how much investors are willing to pay for shares before they are listed on the stock exchange. A positive GMP suggests that the shares may list at a premium, while a negative GMP indicates potential losses.

Subscription Demand

As of 20th July 2026, the IPO was subscribed 3.99 times overall. The institutional category saw a subscription of 2.82 times, while non-institutional investors (NII) subscribed 6.05 times. Retail investors subscribed 3.78 times, indicating strong demand across multiple categories.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It is essential to consider the company's growth potential and market conditions before making a decision.

Who May Want to Wait

Investors who are risk-averse or those who prefer stable, established companies may want to avoid this IPO, as it involves inherent risks associated with new market entrants and the potential for fluctuations in share price.

IPO Timeline, Explained

The IPO opens for subscription on 16th July 2026 and closes on 20th July 2026. Allotment of shares is expected by 21st July 2026, with the listing date set for 23rd July 2026.

Listing Gains — The Risk

Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange and traded for the first time. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock.

This evaluation is generated from Sotefin Bharat's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Sotefin Bharat IPO GMP today?

Sotefin Bharat IPO GMP today is +₹2.5 (1.34%), indicating an estimated listing price of ₹190. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Sotefin Bharat IPO?

The price band of Sotefin Bharat IPO is ₹178.0–₹187.0 per share.

When does Sotefin Bharat IPO open and close?

Sotefin Bharat IPO opens on 16 July 2026 and closes on 20 July 2026.

When does Sotefin Bharat IPO list on the stock exchange?

Sotefin Bharat IPO listed on 23 July 2026 at ₹189.5.

What is the lot size for Sotefin Bharat IPO?

The lot size for Sotefin Bharat IPO is 600 shares, requiring a minimum investment of ₹224,400 (2 lots).

What is the lot size for this IPO?

The lot size for the Sotefin Bharat IPO is 600 shares.

What is the minimum investment required?

The minimum investment required is ₹224,400.

What is the price band for this IPO?

The price band for the IPO is between ₹178.0 and ₹187.0.

When is the listing date for this IPO?

The listing date for the IPO is 23rd July 2026.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected premium at which the shares may list compared to the issue price.

Issue Details

Issue Type SME Book Built
Issue Size ₹89.76 Cr
Price Band ₹178.0 – ₹187.0
Issue Price ₹187.0
Lot Size 600 shares
Min Investment ₹224,400 (2 lots minimum)
Exchange BSE SME
Sector Other Industrial Products
Open Date 16 Jul 2026
Close Date 20 Jul 2026
Allotment 21 Jul 2026
Listing Date 23 Jul 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Choice Capital Advisors Pvt.Ltd.

IPO Timeline

Open

16 Jul 2026

Close

20 Jul 2026

Allotment

21 Jul 2026

Listing

23 Jul 2026

Community Sentiment

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