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Sotefin Bharat IPO

Sotefin Bharat IPO is an SME issue scheduled to open for subscription on — and closed on —. The issue aggregates ₹80 Cr.

Price Band
TBA
GMP
Subscription
Listing

Overview

Sotefin Bharat IPO is an SME issue scheduled to open for subscription on — and closed on —. The issue aggregates ₹80 Cr.

IPO Details

Sotefin Bharat IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to open for subscription on BSE SME. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue aggregates ₹80 Cr, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
SME
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
₹80 Cr
Fresh issue
₹80 Cr
OFS
₹0 Cr
Exchange
BSE SME
ISIN
TBA

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Sotefin Bharat IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Sotefin Bharat is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Sotefin Bharat IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Sotefin Bharat IPO allotment will be finalised by the registrar (Alankit Assignments) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Sotefin Bharat

Sotefin Bharat Limited is an automated and robotic parking systems specialist providing end-to-end mechanised parking solutions. The portfolio spans system design, manufacturing, installation, and operations + maintenance (O&M) — a turnkey solution-provider positioning across both public-sector (municipal-corporation smart-city parking) and private-sector (commercial-real-estate developer) customers. Indian automated-parking demand has been one of the structurally growing infrastructure niches through 2022-26. Demand drivers include space-constraint pressure in Tier-1 metros (Mumbai, Delhi, Bangalore where land is at premium and conventional parking is space-inefficient), Smart Cities urban-parking modernisation mandates, premium-commercial-real-estate space-optimisation requirements, and the broader formalisation of organised parking from informal/unmanaged surface parking. The company has executed 50+ projects to date and is currently handling 30+ ongoing projects across India and international markets including the US and Dubai. The ₹80 crore BSE SME IPO is 100% fresh issue: ~₹40 crore for setting up a parking-robot manufacturing plant in West Bengal (would be India's first dedicated parking-robot manufacturing facility), and ~₹40 crore for debt reduction + working capital. The IPO does not involve any dilution of promoter or PE stake — the existing capital base remains intact.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Sotefin Bharat prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

Sotefin Bharat IPO proceeds will be utilised across the following objectives, as disclosed in the Red Herring Prospectus:

PurposeAmount (₹ Cr)% of Issue
Setting up parking-robot manufacturing plant in West Bengal — India's first dedicated parking-robot manufacturing facility4050.00%
Debt reduction + working capital for execution of larger projects4050.00%

Financial Performance

Sotefin Bharat's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Sotefin Bharat — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Listed peers in the Industrial sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
International parking-system specialists (Wöhr, Klaus Multiparking, Sotefin SA — parent Swiss)

Anchor Investors

Anchor investor bidding for Sotefin Bharat typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • Choice Capital Advisors

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Sotefin Bharat is preparing a ₹80 crore BSE SME IPO for automated and robotic parking systems — a structurally interesting niche infrastructure-services category. Capital deployment is purposeful: ₹40 crore for a parking-robot manufacturing plant in West Bengal (would be India's first such facility), and ₹40 crore for debt + working capital. The 100% fresh-issue structure means all proceeds reach the operating business. The positioning is structurally differentiated. Indian automated-parking is in an early adoption phase — Tier-1 metro space constraints, Smart Cities urban-parking mandates, and premium-commercial-real-estate space-optimisation are creating demand, but most existing supply comes from imported turnkey systems with high cost-and-service-cycle dependency. A domestic parking-robot manufacturing plant would convert Sotefin Bharat from a system-integrator (importing components) into a vertically-integrated manufacturer with materially better cost economics and service-response cycles. What's working: niche infrastructure-services category with structural demand; 50+ executed + 30+ ongoing projects provides operating track record (including international US/Dubai exposure); 100% fresh-issue + purposeful capital deployment (50% capex + 50% WC/debt); India's first parking-robot manufacturing facility creates first-mover moat; no promoter/PE dilution signals existing investors' continued conviction. What's concerning: BSE SME structural liquidity constraints; niche-category limited listed-peer benchmark; manufacturing plant execution risk (greenfield West Bengal facility); customer demand-cycle for automated parking is still nascent — adoption rate may compress vs management expectations; detailed financials, anchor list, dates, price band, lead-manager + registrar setup — partially surfaced. Subscribe pre-RHP. The combination of niche-infrastructure positioning, purposeful capital deployment, manufacturing vertical-integration thesis, and 50+ project track record creates a credible high-conviction SME thesis. Wait for RHP and price band. Sizing modest given SME structural constraints and the niche-category limited-comparable framework.

How to Apply for Sotefin Bharat IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Sotefin Bharat IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on BSE SME on .

Risk Factors

1. BSE SME structural liquidity constraints. 2. Manufacturing plant execution risk — greenfield West Bengal parking-robot facility has multi-month commissioning and ramp risk. 3. Adoption-rate uncertainty — automated parking is still nascent in India; customer demand-cycle may compress vs management expectations. 4. International project execution risk — US + Dubai projects expose balance sheet to FX and country-specific receivable risk. 5. Niche-category limited listed-peer benchmark — pricing-discovery framework loose.

Sotefin Bharat IPO — FAQs

What is Sotefin Bharat IPO?
Sotefin Bharat IPO is a Small and Medium Enterprise (SME) initial public offering listing on BSE SME. The issue opens on — and closes on — with a price band of TBA per share.
What is the Sotefin Bharat IPO price band?
The price band for Sotefin Bharat IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Sotefin Bharat IPO lot size?
The minimum lot size for Sotefin Bharat IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Sotefin Bharat IPO opening date?
Sotefin Bharat IPO opens for subscription on — and closes on —.
When is the Sotefin Bharat IPO allotment date?
Basis of allotment is expected on —. Check your status on Alankit Assignments's website using your PAN.
When is the Sotefin Bharat IPO listing date?
Sotefin Bharat shares are expected to list on BSE SME on —.
What is the GMP of Sotefin Bharat IPO?
GMP for Sotefin Bharat is not currently tracked.
Who is the registrar of Sotefin Bharat IPO?
Alankit Assignments is handling allotment, refunds, and dematerialisation for Sotefin Bharat IPO.
How can I apply for Sotefin Bharat IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Sotefin Bharat IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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