Sotefin Bharat Limited is a Kolkata-based turnkey provider of mechanised and automated parking solutions, specializing in space-optimised urban infrastructure powered by advanced robotic technologies.
Investors can subscribe to the upcoming IPO starting July 16, 2026, with the entire transaction window scheduled to wrap up on July 20, 2026.
To fund the establishment of a new manufacturing facility and meet working capital requirements, the enterprise aims to raise up to ₹89.76 crores entirely through a fresh issue of 48,00,000 equity shares. Track all the 2026 IPOs at our updated IPO calendar with latest details.
The price band for this BSE SME offering is fixed at ₹178 to ₹187 per share, requiring a minimum bid of 1,200 shares.
In this article, you will find Sotefin Bharat Limited IPO GMP today, subscription status, allotment date, price band, and detailed review.
Briefs of Sotefin Bharat Limited IPO Details
- Price Band: ₹178 – ₹187 per share
- IPO Open / Close Dates: 16 July 2026 / 20 July 2026
- Lot Size: 600 shares (Minimum Bid: 1,200 shares)
- Issue Size: 48,00,000 shares / ₹85.44 – 89.76 crores
- Fresh Issue / OFS: Fresh Issue of 48,00,000 shares / OFS: Nil
- Registrar: Alankit Assignments Limited
- Listing Exchange: BSE SME
IPO Reservation
- Face value: ₹10 per share
- Anchor offer: Up to 13,68,000 Equity Shares
- QIB-shares: Not more than 22,80,000 Equity Shares
- NIIs-Shares offered: Not less than 6,84,000 Equity Shares
- RIIs- Shares offered: Not less than 15,96,000 Equity Shares
What are the Current Daily GMP Metrics for the Sotefin Bharat Limited IPO?
Access the GMP for this stock alongside other recent issues at our gmp today information hub. Note: Prices change on a daily basis driven by investor demand, so you should treat this data as an unregularised financial reference point that official exchanges and authorities like SEBI, NSE, and BSE do not validate.
What is the Full Corporate Schedule, including Subscription Deadlines and the Share Allotment Date?
- IPO Open & Close Date: 16 July 2026 to 20 July 2026
- Basis of Allotment Date: 21 July 2026
- Refund Initiation Date: 22 July 2026
- Credit of Shares: 22 July 2026
- Listing Date: 23 July 2026
What Corporate Objectives does the Firm Plan to Finance with the Issue Capital
The capital raised through this new share issuance will be allocated by the company to support the following business goals.
- Manufacturing Facility: The company has designated an amount of ₹20.12 crores for capital expenditure to build a brand-new manufacturing facility located in Kolkata.
- Office Premises:The firm intends to allocate ₹8.17 crores from its capital budget to set up and furnish its new corporate office locations.
- Working Capital: Approximately ₹40.00 crores will be utilised to fund ongoing incremental working capital requirements.
- General Corporate Purposes: A final portion of the fresh funds, restricted to 15% of the total gross proceeds, is set aside by management to sustain standard operational functions.
How is The Financial Performance of Sotefin Bharat Limited ?
This section outlines the financial track record of the company, with all documented metrics denominated in Rupees Crores.
Period Ended | 31 Mar 26 | 31 Mar 2025 | 31 Mar 24 |
Total Income | 118.23 | 94.15 | 56.87 |
Profit After Tax | 17.37 | 11.31 | 6.25 |
EBITDA | 29.83 | 18.46 | 10.54 |
Total Borrowing | 24.01 | 12.16 | 18.78 |
Assets | 129.06 | 98.68 | 60.64 |
Financial observations:
Total Income
The company displayed continuous top-line progression over the last three fiscal years.
- Total income scaled from ₹56.87 crores in FY24 to ₹118.23 crores in FY26.
- This expansion was primarily supported by the execution of new parking infrastructure projects.
- Orders from both government bodies and private developers contributed to this revenue collection.
Profit After Tax
Net earnings expanded sequentially, reflecting the scale-up of the enterprise.
- PAT grew from ₹6.25 crores in FY24 to ₹17.37 crores in FY26.
- The PAT margin recorded a steady rise, reaching 14.88% by the end of March 2026.
- This progression aligns with the increased volume of completed installations.
EBITDA
Operational earnings increased alongside the rising revenue base.
- EBITDA advanced from ₹10.54 crores in FY24 to ₹29.83 crores in FY26.
- The EBITDA margin improved to 25.55% during the latest fiscal year.
- These figures indicate the operational profile of the mechanised parking segment.
Total Borrowing
The firm utilised external debt to manage its operational and working capital needs.
- Total borrowings stood at ₹18.78 crores in FY24, dropped in FY25, and rose again to ₹24.01 crores in FY26.
- The increase in the latest fiscal aligns with the funding required to support an expanding order book.
- Despite this debt, the company maintains a Debt-to-Equity ratio of 0.31x as of FY26.
Assets
The overall resource base of the company expanded considerably to accommodate higher project volumes.
- Total assets grew from ₹60.64 crores in FY24 to ₹129.06 crores in FY26.
- This growth is tied to rising trade receivables typical of government contracts.
- The planned manufacturing facility will further alter this asset structure post-listing.
What is The P/E ratio and Peer Comparison of Sotefin Bharat Limited?
Dividing a company's trading stock price by its individual Earnings Per Share (EPS) yields the Price-to-Earnings (P/E) ratio, a core metric used to assess equity valuation.
In the case of Sotefin Bharat Limited, evaluating the ceiling offer price of ₹187 against the documented FY26 EPS of ₹13.39 reveals an implied P/E multiple of about 13.97x.
Name of the Company | Total Income (₹ Cr) | Face Value (₹) | P/E Ratio | Basic EPS (₹) | RoNW (%) |
Sotefin Bharat Limited | 118.23 | 10 | 13.96 | 13.39 | 26.98 |
Listed Peers | N/A | N/A | N/A | N/A | N/A |
Analysis:
As officially stated in the Red Herring Prospectus, there are no listed entities in India whose business portfolio is directly comparable to that of Sotefin Bharat Limited.
Operating in the niche segment of mechanised and robotic parking systems, the company does not have a direct domestic peer group.
At the upper price band of ₹187, Sotefin enters the market demanding a P/E multiple of approximately 13.96x. The company reports a Return on Net Worth (RoNW) of 26.98% for FY26, indicating its capital utilisation efficiency within its specific infrastructure niche.
What is the Industry Outlook of Sotefin Bharat Limited?
Growth potential: Rapid urbanisation and increasing vehicle density in Indian metropolitan cities have created a scarcity of conventional parking spaces. Mechanised and automated parking solutions offer a space-optimised alternative for residential complexes, commercial hubs, and government infrastructure projects.
Market trends and competitors: The automated parking sector in India is highly specialised, relying heavily on integrated software, robotics, and precision engineering. Companies operating in this space often depend on proprietary technologies or international licensing agreements to execute complex urban installations.
What Internal Strengths or External Risks should Prospective Investors consider?
Strengths:
- Order Book Visibility: The company commands an unexecuted order book of ₹534.39 crores as of March 31, 2026, which provides visibility for future project execution.
- Return Metrics: The business generates a Return on Net Worth (RoNW) of 26.98% and a Return on Capital Employed (RoCE) of 33.31% in FY26.
- Vertical Integration Plans: The allocation of ₹20.12 crores towards a new Kolkata facility aims to bring the manufacturing of imported robotic components in-house, potentially lowering supply chain dependencies.
Risks:
- Customer and Geographic Concentration: The top 10 customers contributed 91.77% of total revenue in FY26. Furthermore, 82.55% of the total revenue in the same period was generated from Mumbai alone.
- Third-Party Technology Reliance: Operations rely significantly on the proprietary "Silomat shuttle and dolly" technology sourced from Sotefin SA, Switzerland. Disruption in this arrangement could impact project execution.
- Working Capital Strain: Extended credit cycles, particularly from government clients, led to negative cash flows from operating activities of ₹(6.85) crores in FY26.
Important iPO Resources:
1. IPO Calendar India | Upcoming & Live IPOs in India
2. IPO Glossary: 100+ Important Terms Every Investor Should Know
3. June 2026 IPO Subscription Review: 25 IPOs Data, Demand Patterns & Key Trends
4. GMP vs Listing Gains June 2026 IPOs: A Data Analysis of 22 IPOs
6. IPO Daywise Subscription Status
Key Considerations for Investors
- Market participants evaluating the Sotefin Bharat Limited IPO should review the details within the Red Herring Prospectus regarding its revenue structure.
- The company operates with a concentrated client base, heavily reliant on government contracts and specific urban geographies like Mumbai.
- While the unexecuted order book provides revenue visibility, it also brings working capital intensity, evidenced by recent negative operating cash flows.
- Additionally, the business model currently depends on technology sourced from a Swiss partner, a factor that the new in-house manufacturing unit attempts to address.
Key Takeaways
- IPO Price Band: ₹178 to ₹187 per equity share
- Lot Size: 600 shares (Minimum bid requirement of 1,200 shares totaling ₹2,24,400)
- Allotment Dates: Allotment on 21 July 2026
- Listing Dates: Listing on BSE SME on 23 July 2026
FAQs on Sotefin Bharat Limited IPO
Where does the unofficial premium stand today for the Sotefin Bharat Limited IPO?
Our dedicated GMP page offers the most recent premium figures for this small and medium enterprise market issue. Because these unverified premiums are highly sensitive to market mood, the numbers fluctuate on a daily basis.
What is Sotefin Bharat Limited IPO price band?
The price band has been fixed at ₹178 to ₹187 per equity share.
What is Sotefin Bharat Limited IPO allotment date?
The determination of the final share allotment structure is slated to be concluded on July 21, 2026.
How to check Sotefin Bharat Limited IPO allotment status?
Once the basis of allotment is officially settled, share applicants can review their status by visiting the Alankit Assignments Limited registrar portal and providing their application credentials or PAN. Investors can also look up their allocation records through the stock exchange portals of the BSE SME. For more key details on IPO allotment status visit our IPO Allotment Status – How to Check Allotment Status of IPO Shares section.
What is Sotefin Bharat Limited IPO listing date?
The equity shares are proposed to be listed on the BSE SME platform on 23 July 2026.
Investment Perspective on Sotefin Bharat Limited IPO
Sotefin Bharat Limited provides investors with a distinct entry point into India's expanding infrastructure sector through its automated parking systems developed with Swiss expertise. The company boasts stellar financial growth, featuring FY26 revenue of ₹116.74 crores, a 26.98% RoNW, and a massive ₹534.39 crore order book ensuring strong earnings visibility.
However, investors must carefully weigh significant risks, including extreme customer concentration (top 10 clients drive 91.77% of revenue) and recent negative operating cash flows. This IPO suits risk-tolerant, growth-focused investors.
Disclaimer:
This data is intended exclusively as a learning resource rather than formal financial guidance. We strongly recommend that you seek professional counsel from a SEBI-registered investment expert prior to committing any funds to the market.
