SME • IPO

Sotefin Bharat IPO (BSE SME) IPO

Minimum Investment

₹112,200

Price Range

₹178 to ₹187

Lot Size

600 shares

Issue Size

₹89.76 Cr

About the Company

Incorporated in 2012, Sotefin Bharat is engaged in the business of providing mechanised and automated parking solutions, offering comprehensive turnkey services to thier customers. Its solutions seamlessly integrate advanced automated parking technologies with the necessary supporting infrastructure, enabling end-to-end execution.

Issue Type

Bookbuilding IPO

IPO Objectives

  • Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal
  • Funding capital expenditure requirements for the proposed new office premises Funding working capital requirements of the Company
  • General Corporate Purposes

Important Dates

Bid/Offer Opens On16-07-2026
Bid/Offer Closes On20-07-2026
Finalisation of Basis of Allotment21-07-2026
Initiation of Refunds22-07-2026
Credit of Shares to Demat22-07-2026
IPO Listing Date23-07-2026

IPO Subscription Status

Subscription snapshot as of 20-07-2026 23:55 IST.
Category Offered Shares Applied Shares Times
QIB 912,000 2,572,800 2.82x
NII 684,000 4,380,000 6.40x
NII ( >10 lakh) 456,000 3,560,400 7.81x
NII ( <10 lakh) 228,000 819,600 3.59x
Retail 1,596,000 6,033,600 3.78x
Total 3,192,000 12,986,400 4.07x

Grey Market Premium (GMP)

₹4.00 per share

Last updated 23-07-2026 08:47

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers

  • Choice Capital Advisors Pvt.Ltd.

Company Promoters

  • Arup Choudhuri
  • Jignesh Pravinchandra Sanghavi
  • PISA International Pvt.Ltd.\r\n