Sotefin Bharat came to market through an SME IPO that opened on 16 July 2026 and closed on 20 July 2026, and the shares listed on 23 July 2026 on BSE SME. The price band was ₹178 to ₹187 per share and one lot was 600 shares, so the minimum application was ₹1,12,200. The issue size was ₹89.76 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹205, a gain of 9.6% against the issue price of ₹187. Bigshare Services Pvt Ltd was the registrar to the issue, and Choice Capital Advisors Pvt.Ltd was the lead manager.
As of 20 July 2026.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Overall the issue was subscribed 4.07 times.
Incorporatedin the year 2012, Sotefin Bharat is involved in the business of providing mechanized and automated parking solutions, providing turnkey solutions to their customers. The solutions provided by them involve the seamless integration of automation technology along with the required infrastructure to implement the project end-to-end. Product Portfolio: Fully automated robotic parking solution using the proprietary SILOMAT Shuttle & Dolly technology from Sotefin SA, which is suitable for high capacity projects in crowded urban areas.
Puzzle parking solution, which is useful for small scale residential and commercial projects. Tower parking solution like Travel tower, Pallet and Comb parking tower solutions are suitable for institutions and high density public parking (Travel Towers are suitable for institutions). Stack parking solution is useful for residential projects (Source: D&B Report). Apart from this, the company provides customized end-to-end solutions for designing, manufacturing, implementation and operations and maintenance.
As of March 31, 2026, the company has been successful in executing more than 55 projects and is presently executing over 30 projects in various locations in India as well as other countries like the United States and Dubai. The company has successfully executed its projects in major metropolitan cities of India like Delhi, Kolkata, Mumbai, Pune, Trivandrum, and in other international locations such as the United States and Dubai.
It reflects the successful project execution capability of the company on a pan-Indian basis as well as internationally. Its clientèle comprises private real estate developers as well as various government/public sector agencies of India. The private clients of the company include AUM G M Heights, Hubtown Limited, and Mesacon Spaces LLP.
Government and public sector clients include Municipal Corporation of Delhi (MCD), Municipal Corporation of Greater Mumbai (MCGM/BMC), Central Public Works Department (CPWD), Mumbai Metropolitan Region Development Authority (MMRDA), National Highways and Infrastructure Development Corporation Limited (NHIDCL), and South Delhi Municipal Corporation (SDMC). As of March 31, 2026, the company employs around 147 employees.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
|---|
Sotefin Bharat Limited finalised its anchor investor allocation on July 15, 2026, raising ₹25.58 crore from 15 institutional investors at an anchor price of ₹187 per share, including a share premium of ₹177. The anchor book comprises 13,68,000 equity shares allocated across non-mutual fund institutional investors. Aidos India Fund Limited received the largest allocation at 13.82%, followed by Getfive Opportunity Fund-I at 11.75%.
Mint Focused Growth Fund PCC – Cell 1, Steptrade Revolution Fund, Svan Velocity Fund, Vijit Growth Fund, and Vikasa India EIF I Fund – Share Class P each received 7.85% of the anchor portion. India Infinite and The Golden Bird Investment Trust-I each received 5.70%, while Laxminarayan Vyapaar Private Limited received 4.04%. Abundantia Capital VCC, CCV Emerging Opportunities Fund-I, Hem Growth Opportunities Fund, Minerva Ventures Fund, and Samraddh Bharat Special Opportunities Fund-I each received 3.95%.
Arup Choudhuri, Jignesh Pravinchandra Sanghavi, PISA International Pvt.Ltd. Promoter holding 41.54% before the issue.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Sotefin Bharat IPO was a ₹89.76 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹178–₹187 per share with a lot size of 600 shares; the minimum retail application was 1,200 shares (₹2,24,400). The IPO was open from July 16 to July 20, 2026 and was subscribed 4.07x. Shares listed on BSE SME on July 23, 2026 at ₹205, a 9.6% premium to the issue price of ₹187. Bigshare Services Pvt Ltd is the registrar.
Choice Capital Advisors Pvt. Ltd. is the book running lead manager.
The price band of Sotefin Bharat IPO is ₹178 to ₹187 per share.
The lot size of Sotefin Bharat IPO is 600 shares.
The minimum investment for Sotefin Bharat IPO is approximately ₹2,24,400 based on the upper price band.
The allotment date of Sotefin Bharat IPO is Jul 21, 2026.
Sotefin Bharat IPO's final recorded GMP before listing was ₹1 per share (a 1% premium over the ₹187 upper price band). The shares listed at ₹205. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Sotefin Bharat IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sotefin Bharat IPO allotment status on Rupix for quick and easy access.
₹178 to ₹187 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,12,200. After listing, SME shares also trade in lots rather than one share at a time.
₹1,12,200, for one lot of 600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 16 July 2026 and closed on 20 July 2026.
The basis of allotment was published on 21 July 2026 by Bigshare Services Pvt Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 23 July 2026 on BSE SME, opening at ₹205.
The issue size was ₹89.76 crore. The fresh issue was 48,00,000 shares (aggregating up to ₹89.76 crore).
It listed at ₹205 against an issue price of ₹187, a gain of 9.6 percent on listing day.