Here are the complete details for the Sotefin Bharat Limited SME IPO:
1. IPO Timeline & Details
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IPO Dates: July 16, 2026 – July 20, 2026
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Price Band: ₹178 to ₹187 per equity share
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Lot Size: 600 shares (Minimum Retail Investment: ₹2,24,400 for 2 lots / 1,200 shares)
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Issue Size: ₹89.76 Crore (Entirely Fresh Issue)
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Listing At: BSE SME
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Tentative Listing Date: July 23, 2026
2. Company Overview & Fundamentals
Sotefin Bharat Ltd. designs, manufactures, installs, and maintains mechanized and automated parking systems in India. Backed by Swiss engineering collaboration with Sotefin SA, Switzerland, the company possesses over 55 successfully completed projects and holds an order book of ₹534.40 crore as of March 2026.
Key Financials (in ₹ Crores)
The company exhibits consistent financial growth over the last few fiscal years:
| Financial Metric | FY24 | FY25 | FY26 |
| Total Revenue | ₹56.87 | ₹94.15 | ₹118.23 |
| Profit After Tax (PAT) | ₹6.25 | ₹11.31 | ₹17.37 |
| Net Worth | ₹21.92 | ₹50.63 | ₹78.11 |
Key Performance Indicators (KPIs)
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ROE (Return on Equity): 26.98%
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ROCE (Return on Capital Employed): 33.31%
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EBITDA Margin: 25.55%
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Debt to Equity: 0.31
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P/E Ratio: ~14x to 14.38x (based on upper band valuation)
Objectives of the Issue: The funds will be utilized for setting up a new manufacturing unit in Kolkata (~₹20.13 Cr), purchasing new office premises (~₹8.17 Cr), and addressing incremental working capital requirements (~₹40 Cr).
3. Subscription Status
As of the initial tracking phases, the response has been relatively cautious and modest:
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Total Subscription: ~0.24x (24%)
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Demand is largely driven by the retail segment, while institutional and HNI pockets are building momentum slowly before the closing date.
4. Grey Market Premium (GMP)
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Current GMP: Moving between ₹15 to ₹26 per share.
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Expected Listing Price: ~₹202 to ₹213 (representing an approximate listing gain of 8% to 14% over the upper price band of ₹187).
Disclaimer: Grey Market Premium (GMP) is purely speculative, unofficial, and shouldn’t be the sole indicator for investment decisions.
For a complete perspective on this SME public offer, you can watch this SoteFin Bharat IPO Analysis which reviews the company’s valuation, strengths, and risks to help you decide whether to apply or avoid it.