Sotefin Bharat Ltd IPO

Sotefin Bharat Ltd IPO

We are engaged in the business of providing mechanised and automated parking solutions, delivering comprehensive turnkey services. Our offerings integrate advanced automated parking technologies with the requisite supporting infrastructure to ensure seamless, end-to-end. execution for our customers. As of March 31, 2026, we have successfully completed more than 55 projects and are in the process of executing more than 30 projects across multiple locations in India s well as in international markets including the United States and Dubai, reflecting our growing global presence and execution capability.

Sotefin Bharat Ltd IPO Details

Total Shares Offered

₹ 48,00,000

Offer to Public

TBA

Retail Max (Shares)

₹ 15,96,000

Pre Issue Promoters Holding

₹ 82,97,508

Exchange

BSE

Issue size

₹ 89.76 Cr

IPO Open Date

Jul 16, 2026

Close Date

Jul 20, 2026

Lot Size

1200

Min Investment

₹ 2,13,600

Issue Type

Book Building - SME

Listing Date

Jul 23, 2026

Sotefin Bharat Ltd IPO Dates

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Jul 16, 2026
Opening date
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Jul 20, 2026
Closing date
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Jul 21, 2026
Basis of Allotment
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Jul 22, 2026
Initiation of Refunds
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Jul 22, 2026
Credit of Shares
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Jul 23, 2026
Listing date

Details

SectorType
SectorMiscellaneous
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Sotefin Bharat Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations27.3116.529.05
EBITDA29.5716.869.50
PAT17.3711.316.25
Total Assets92.1572.5648.02
Share Capital13.361.161.00
Total Borrowings31.8617.6711.51
Operating Activities (Net Cash)19.6311.656.70
Investing Activities (Net Cash)-2.68-11.54-2.72
Financing Activities (Net Cash)31.8617.6711.51
Net Cashflow0.761.102.03

About Sotefin Bharat Ltd

Our Company was originally incorporated as `Pisa- Sotefin Parking Private Limited' as private limited company in Kolkata under the provisions of the Companies, Act, 1956, pursuant to a certificate of incorporation dated March 16, 2012, issued by Registrar of Companies, West Bengal at Kolkata. The name of the company was changed to `Sotefin Parking Private Limited' pursuant to a special resolution dated October 21, 2016. A fresh certificate of incorporation consequent upon name change was granted to the Company on November 17, 2016. The name of the Company was further changed to Sotefin Bharat Private Limited pursuant to a special resolution dated December 12, 2024. A fresh certificate of incorporation consequent upon name change was granted to the Company on January 1, 2025. Subsequently, our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders at an Annual General Meeting held on September 26, 2025, and the name of our Company was changed to Sotefin Bharat Limited. A fresh certificate of incorporation consequent upon conversion from Private Limited Company to Public Limited Company dated November 28, 2025, was issued by the Central Processing Centre. The Corporate Identification Number of our company is U29221WB2012PLC175825.

The global Automated Parking System (APS) market is witnessing robust growth, fueled by rapid urbanization, increasing vehicle ownership, and the growing need for space-efficient and technology-driven parking solutions. As urban centers become more congested and land availability shrinks, APS offers an innovative solution to address parking constraints in residential complexes, commercial hubs, and public infrastructure. The Global market is projected to grow at a compound annual growth rate (CAGR) of approximately 12% to 18% during 2023-2030, indicating strong demand and adoption across both developed and emerging economies. The India Automated Parking System (APS) market has shown steady growth from USD 586.7 million in CY 2021 to USD 655.2 million in CY 2024, registering a CAGR of 3.7%. This consistent rise reflects growing urbanization, increased vehicle ownership, and the pressing need to optimize limited parking spaces in Indian cities. The push for smart city initiatives, coupled with advancements in automation, IoT, and AI, is gradually driving adoption.

We are engaged in the business of providing mechanised and automated parking solutions, delivering comprehensive turnkey services. Our offerings integrate advanced automated parking technologies with the requisite supporting infrastructure to ensure seamless, end-to-end. execution for our customers. As of March 31, 2026, we have successfully completed more than 55 projects and are in the process of executing more than 30 projects across multiple locations in India s well as in international markets including the United States and Dubai, reflecting our growing global presence and execution capability.

Peer Comparison:

  • No listed in Industry Peers

Sotefin Bharat Ltd Key Points

Strengths

Swiss Engineering Excellence Adapted for India.

International Quality and Safety Certifications.

Integrated, Customized, and Scalable Execution Capabilities.

Established Execution Track Record and Diversified Client Base.

Domain Expertise in Automated and Smart Parking Solutions.

Risk

The company leverages technology and source critical patented parking robot from Sotefin SA, Switzerland and has limited proprietary intellectual property. Any disruption in this supply arrangement could materially adversely affect its business, financial condition, results of operations, and prospects.

The company's revenue from operations is highly concentrated, with its top ten customers contributing 91.77%, 84.85% and 87.30% for the financial years ended March 31, 2026, March 31, 2025, and March 31, 2024, respectively. Accordingly, the company's business is significantly dependent on a limited number of key customers, and any loss of, or reduction in orders from, such customers may adversely affect its business, results of operations and financial condition.

The company's revenue is generated from projects undertaken with Government agencies. Such project / contracts is awarded on the basis of certain pre-qualification criteria and competitive selection process and are usually in a standard form, restricting its ability to negotiate the terms and conditions. Any change in the Government policies or focus and/or the company is unable to recover payments in a timely manner, would adversely affect its business and result of operations.

Strategy

Driving Growth Through Domestic Market Consolidation and International Expansion.

Localization of Robotic Manufacturing Capabilites.

Strategic Collaborations under Smart City and Urban Infrastructure Initiatives.

Strategic Collaborations under Smart City and Urban Infrastructure Initiatives.

Diversification into Automated Storage and retrival Systems.

How To Apply for Sotefin Bharat Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Sotefin Bharat Ltd IPO?

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Sotefin Bharat Ltd's IPO offers shares for up to 89.76 It begins on Jul 16, 2026 and ends on Jul 20, 2026.

What is the price of the Sotefin Bharat Ltd IPO?

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The price of Sotefin Bharat Ltd IPO ranges between ₹178 to ₹187 per share.

What are the open and close dates for the Sotefin Bharat Ltd IPO?

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The Sotefin Bharat Ltd IPO opens on Jul 16, 2026 and closes on Jul 20, 2026.

When will the Sotefin Bharat Ltd IPO be allotted?

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The allotment for the Sotefin Bharat Ltd IPO will be finalised on Jul 21, 2026. The shares will be listed on BSE and NSE on Jul 23, 2026.

What is the minimum lot size required for Sotefin Bharat Ltd IPO?

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The minimum lot size for Sotefin Bharat Ltd IPO is 1200 shares, priced between ₹178 to ₹187 per share.

What is the GMP of Sotefin Bharat Ltd IPO?

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The GMP (Grey Market Premium) of Sotefin Bharat Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Sotefin Bharat Ltd IPO?

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To check the allotment status of Sotefin Bharat Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Sotefin Bharat Ltd IPO getting listed?

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The Sotefin Bharat Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 16, 2026, and closes on Jul 20, 2026. The allotment is finalised on Jul 21, 2026.

How do you apply for the Sotefin Bharat Ltd IPO?

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To apply for the Sotefin Bharat Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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