Sotefin Bharat Ltd.
SOTEFINSME
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Overview
Sotefin Bharat Limited designs, manufactures and installs mechanised and automated car parking systems, providing turnkey delivery from engineering and fabrication through installation, commissioning and long-term operations & maintenance. Sotefin Bharat Limited is technology-backed by Sotefin SA, Switzerland and focuses on space-optimized automated parking solutions (including robotic systems) for dense urban residential, commercial and public infrastructure projects, with a project footprint across major Indian cities and limited international executions.
Opening Date
Jul 16, 2026
Closing Date
Jul 20, 2026
Listing Date
Jul 23, 2026
IPO Type
SME
IPO Status
Closed
Issue Size
89.76 Cr
Fresh Issue
89.76 Cr
Offer for Sale
0 Cr
Price Band
₹178 - ₹187
Lot Size
600
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
14.38
EPS
13
ROE
26.98%
ROCE
33.31%
RONW
26.98%
Debt to Equity Ratio
—
PAT Margin
14.88%
EBITDA Margin
25.55%
P/B
4.68
Bull vs Bear
Bull case
- •
Robotic Parking is the core product: ₹10,990.23 lakhs revenue -94.14% in FY2026, implying deep system/installation know‑how difficult to replicate quickly.
- •
Execution visibility: closing order book ₹53,439.85 lakhs as of March 31, 2026, giving multi‑year project pipeline anchored in signed orders.
- •
Industry tailwind: India automated parking market projected from USD 679.8 million (CY2025) to USD 888.1 million (CY2031), 4.6% CAGR (D&B).
Bear case
- •
Critical robot supply concentration: imports from Sotefin SA were ₹2,334.05 lakhs, 50.40% of total purchases in FY2026; disruption or licensing changes can halt deliveries.
- •
Revenue concentration: top 10 customers were 91.77% of FY2026 revenue; top 1 customer alone was 48.25%, making order delays/cancellations disproportionately impactful.
- •
Government exposure and collections: 56.52% of FY2026 revenue from Government Bodies; operating cash flow was negative ₹685.84 lakhs in FY2026 from receivables buildup.
Net takeaway
At its core this is a bet on scaling a project business with ₹11,674.65 lakhs FY2026 revenue and 14.88% net profit margin, without cash/working-capital strain. If you believe the ₹53,439.85 lakhs order book converts into cash, the upside holds. If you believe receivables stay heavy (₹7,512.99 lakhs), risk holds. Watch customer concentration and cash conversion: top 10 revenue share 91.77% and operating cash flow (₹-685.84 lakhs in FY2026).
Subscription Rate
Application Details
Frequently Asked Questions about Sotefin Bharat Ltd.
Sotefin Bharat Limited designs, manufactures and installs mechanised and automated car parking systems, providing turnkey delivery from engineering and fabrication through installation, commissioning and long-term operations & maintenance. Sotefin Bharat Limited is technology-backed by Sotefin SA, Switzerland and focuses on space-optimized automated parking solutions (including robotic systems) for dense urban residential, commercial and public infrastructure projects, with a project footprint across major Indian cities and limited international executions.
The Sotefin Bharat Ltd. IPO is scheduled to open for subscription on Jul 16, 2026 and close on Jul 20, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Sotefin Bharat Ltd. IPO is ₹178 to ₹187. Investors can place bids within this range once the issue opens.
The minimum lot size for the Sotefin Bharat Ltd. IPO is 600 shares. The minimum investment amount ₹1,12,200.
The total issue size of the Sotefin Bharat Ltd. IPO is approximately ₹89.76. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Sotefin Bharat Ltd. IPO has been subscribed 0.8 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Sotefin Bharat Ltd. IPO is ₹[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Sotefin Bharat Ltd. are expected to list on stock exchanges on Jul 23, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Sotefin Bharat Ltd. IPO are proposed to be used for Objects of the Issue Our Company proposes to utilise the Net Proceeds of the Issue towards funding of the following objects:, 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.
Before applying for the Sotefin Bharat Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
