Sotefin Bharat IPO
Sotefin Bharat IPO closed on 20 Jul 2026. Allotment 21 Jul 2026, listing 23 Jul 2026. Price band ₹178–₹187, lot 600 shares, GMP +₹2 (1.06%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹178–₹187 |
| Lot size | 600 shares |
| Minimum investment | ₹2,24,400 |
| Issue size | ₹89.76 Cr |
| GMP | +₹2 (1.06%) |
| Open date | 16 Jul 2026 |
| Close date | 20 Jul 2026 |
| Allotment date | 21 Jul 2026 |
| Listing date | 23 Jul 2026 |
About Sotefin Bharat
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…
Strengths
- 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.
Risks
- 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.