Sotefin Bharat Limited IPO Opens on Thursday, July 16, 2026

 

Total Issue Size - Up To 48,00,000 Equity Shares of ₹ 10 each

IPO Size - ₹ 89.76 Crore (At Upper Price Band) 

Price Band - ₹ 178 - ₹ 187 Per Share

Lot Size – 600 Equity Shares (Minimum Application Size 2 Lots i.e. 1,200 Equity Shares)

Mumbai, July 14, 2026 – Sotefin Bharat Limited, a Turnkey Provider of Robotic & Automated Parking Solutions, proposes to open its Initial Public Offering on Thursday, July 16, 2026 aiming to raise ₹ 89.76 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform.

The issue size is upto 48,00,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 178 - ₹ 187 Per Share.

Equity Share Allocation 

QIB Anchor Portion – Upto 13,68,000 Equity Shares

Net QIB Portion – Upto 9,12,000 Equity Shares  

Non-Institutional Investors - Not less than 6,84,000 Equity Shares 

Individual Investors - Not less than 15,96,000 Equity Shares 

Market Maker - Upto 2,40,000 Equity Shares 

The net proceeds from the IPO will be utilized for 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 and the General corporate purposes. The anchor bidding is on Wednesday, July 15, 2026. The issue will open on Thursday, July 16, 2026 and will close on Monday, July 20, 2026.

The Book Running Lead Manager to the Issue is Choice Capital Advisors Private Limited and the Registrar is Bigshare Services Private Limited. 

Mr. Arup Choudhuri, Managing Director of Sotefin Bharat Limited expressed, “Since our inception Sotefin Bharat has consistently focused on delivering innovative automated parking solutions backed by engineering excellence and technological innovation. Our upcoming IPO marks an important milestone in our growth journey, enabling us to expand our manufacturing capabilities, strengthen our technology offerings, and enhance our execution capacity.”

Mr. Ratiraj Tibrewal, Director of Choice Capital Advisors Private Limited said "Sotefin Bharat's focus on engineering innovation and automated parking solutions has enabled it to build a scalable business in a niche and growing market. We believe this IPO will provide the company with the financial flexibility to expand its manufacturing capabilities, strengthen execution capacity, and capitalize on the increasing demand for smart parking infrastructure across India." 

About Sotefin Bharat Limited:

Sotefin Bharat Limited, incorporated in 2012, is engaged in the business of providing mechanized and automated parking solutions. The Company operates across India with support from Swiss Promoter Sotefin SA, Switzerland, a global innovator in automated parking systems since 1956. Sotefin SA brings over six decades of engineering expertise, which complements the Company's business operations in the Indian market.

The company provides end-to-end automated parking solutions, including system design, manufacturing, installation, and operations and maintenance ("O&M") services.The Company has successfully completed more than 58 projects and is executing over 30 ongoing projects across multiple locations in India, including Delhi, Kolkata, Mumbai, Pune, Varanasi and Trivandrum, as well as in international markets such as the United States and Dubai.

In FY26, The Company achieved a Revenue of ₹ 11,674.65 Lakhs, EBITDA of ₹ 2,983.15 Lakhs & PAT of ₹ 1,735.56 Lakhs. 

Disclaimer: 

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.