Sotefin Bharat IPO
Miscellaneous • ₹89.76 Cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- Heavy dependence on government or PSU customers
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹187
Lot Size
600 shares
Issue Size
₹89.76 Cr
Open
16 Jul 2026
Close
20 Jul 2026
Subscription
3.76×
IPO Schedule
| Issue Open Date | 16 Jul 2026 |
| Issue Close Date | 20 Jul 2026 |
| Allotment Date | 21 Jul 2026 |
| Listing Date | 22 Jul 2026 |
About Sotefin Bharat
Sotefin Bharat is engaged in the business of providing mechanised and automated parking solutions through turnkey project execution. The company offers a range of automated parking systems, including robotic parking systems, puzzle parking systems, tower parking systems, and stack parking systems. It also provides end-to-end services such as system design, manufacturing, installation, operations and maintenance (O&M), and after-sales support. As of March 31, 2026, the company claims to have completed more than 55 projects and was executing over 30 projects across India, the United States, and Dubai. Sotefin Bharat manufactures key structural components at its facility in Bagnan, Howrah, while sourcing certain electro-mechanical components from European suppliers. The company operates in India with technology support from Sotefin SA, Switzerland, and serves both private sector customers and government organisations. Its projects have been executed across cities including Delhi, Mumbai, Kolkata, Pune, Varanasi, and Thiruvananthapuram. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal — Rs 20.13 crore Funding capital expenditure requirements for the proposed new office premises — Rs 8.17 crore Funding working capital requirements — Rs 40 crore General corporate purposes
Company Details
Founders / Promoters
Mr Arup Kumar Choudhuri
Founded
2012
Registrar
Bigshare Services Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Sotefin Bharat — IPOFins Verdict
QuantitativeDriven by QIB demand at 2.8x and elevated disclosed risk (9/10), Sotefin Bharat listed at a premium of 9.6% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- The company claims to benefit from technology support from Sotefin SA, Switzerland, which has been involved in automated parking systems since 1956. According to the company, it combines Swiss enginee
- The company is ISO 9001:2015 certified (UKAS-accredited) for the design and manufacture of mechanised car parking systems. It also holds CE certification (TÜV) and states that its automatic parking sy
- The company claims to follow an integrated execution model covering system design, structural engineering, in-house manufacturing, installation, commissioning, and maintenance. It manufactures key str
- The company has completed more than 55 automated parking projects across India and overseas, covering over 12,000 automated parking spaces. It also reported an order book of Rs 534.40 crore as of Marc
- The company has executed projects for both government agencies and private developers. Its customer base includes organisations such as NBCC (India) Limited, Delhi Metro Rail Corporation (DMRC), NHIDC
Score breakdown — what drove this verdict
High risk from DRHP → score -1.6
Institutional subscription → score 0
Actual listing outcome → score +0.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹187
Listing Price
₹205
Listing Gain/Loss
+9.63%
Listing Date
22 Jul 2026
Price Since Listing
Returns are measured against the ₹187 issue price.
Listing
₹205
+9.6%
1 Week
₹208
+11.2%
Current
₹207
+10.7%
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FAQ
What is the price band of Sotefin Bharat IPO?
The price band is ₹187 per share with a lot size of 600 shares. Minimum investment: ₹1,12,200.
What does Sotefin Bharat do?
Sotefin Bharat is engaged in the business of providing mechanised and automated parking solutions through turnkey project execution. The company offers a range of automated parking systems, including robotic parking systems, puzzle parking systems, tower parking systems, and stack parking systems. It also provides end-to-end services such as system design, manufacturing, installation, operations and maintenance (O&M), and after-sales support. As of March 31, 2026, the company claims to have completed more than 55 projects and was executing over 30 projects across India, the United States, and Dubai. Sotefin Bharat manufactures key structural components at its facility in Bagnan, Howrah, while sourcing certain electro-mechanical components from European suppliers. The company operates in India with technology support from Sotefin SA, Switzerland, and serves both private sector customers and government organisations. Its projects have been executed across cities including Delhi, Mumbai, Kolkata, Pune, Varanasi, and Thiruvananthapuram. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal — Rs 20.13 crore Funding capital expenditure requirements for the proposed new office premises — Rs 8.17 crore Funding working capital requirements — Rs 40 crore General corporate purposes
Should I apply for Sotefin Bharat IPO?
Sotefin Bharat listed at ₹205 (+9.6% premium to the ₹187 issue price) after 3.8x subscription. IPOFins Score 3/10: Driven by QIB demand at 2.8x and elevated disclosed risk (9/10), Sotefin Bharat listed at a premium of 9.6% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Sotefin Bharat?
Sotefin Bharat was founded by Mr Arup Kumar Choudhuri in 2012.