SOTEFIN BHARAT LIMITED

16 Jul 2026 - 20 Jul 2026 SME BSE

Min Investment

₹2,24,400.00

Price Band

₹178-₹187

Issue Size

₹64.18 Cr

Lot Size

600 (per lot)

IPO Dates
img

16 Jul 2026

Open Date

img

20 Jul 2026

Close Date

img

21 Jul 2026

Allotment Date

img

23 Jul 2026

Listing Date

Know Before Investing

Strengths icon

  • Provides end-to-end automated parking solutions covering design, manufacturing, installation and maintenance.
  • Manufactures key structural components in-house while integrating patented parking technology from Sotefin SA.
  • Has completed over 55 projects and was executing more than 30 projects as of March 31, 2026.
  • Serves government bodies and private real estate developers across automated parking projects.
  • Offers operations and maintenance (O&M) services beyond project execution.

Weaknesses icon

  • The company depends on patented parking robot technology sourced from Sotefin SA, Switzerland.
  • Its business relies heavily on a few customers, with the top 10 contributing over 91% of FY26 revenue.
  • A large share of revenue comes from government projects, exposing it to policy changes and payment delays.
  • Disruptions in third-party raw material or component supplies could affect operations and increase costs.
  • Project execution delays could lead to penalties and liquidated damages under customer contracts.

About Sotefin Bharat Limited

Sotefin Bharat Limited provides mechanised and automated parking solutions through turnkey projects. The company designs, manufactures, installs, commissions, and maintains automated parking systems, integrating the required supporting infrastructure to deliver complete end-to-end solutions. Its product portfolio includes customised automated parking systems designed to maximise space utilisation and address different parking requirements. The company manufactures key structural components in-house at its Bagnan, Howrah facility, while sourcing certain specialised components and patented robotic technology from Sotefin SA, Switzerland. It generates revenue primarily by executing parking system projects for government bodies and private real estate developers, along with operations and maintenance (O&M) services. As of March 31, 2026, it had completed more than 55 projects and was executing over 30 projects across India and select international markets, including the United States and Dubai.

IPO Objectives

1. Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal;

2. Funding capital expenditure requirements for the proposed new office premises; and

3. Funding working capital requirements of the Company; and

4. General corporate purposes.

Company Promoters

Arup Choudhuri

Jignesh Pravinchandra Sanghavi

Pisa International Pvt Ltd

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 2.82
Non-Institutional Buyers 4.74
Retail Investors 3.78
Total 11.34
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account