Sotefin Bharat Limited, a Turnkey Provider of Robotic & Automated Parking Solutions, proposes to open its Initial Public Offering on Thursday, July 16, 2026, aiming to raise ₹ 89.76 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform. The issue size is upto 48,00,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 178 – ₹ 187 Per Share.
- Issue Opens: July 16, 2026
- Issue Closes: July 20, 2026
- Face Value: Rs 10
- Price Band: Rs 178 – 187 per share
- Minimum Bid Lot: 600 Equity Shares
- Listing: BSE SME
The net proceeds from the IPO will be utilized for 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 and the General corporate purposes. The anchor bidding is on Wednesday, July 15, 2026. The issue will open on Thursday, July 16, 2026 and will close on Monday, July 20, 2026.
The Book Running Lead Manager to the Issue is Choice Capital Advisors Private Limited and the Registrar is Bigshare Services Private Limited.
Sotefin Bharat Limited, incorporated in 2012, is engaged in the business of providing mechanized and automated parking solutions. The Company operates across India with support from Swiss Promoter Sotefin SA, Switzerland, a global innovator in automated parking systems since 1956. Sotefin SA brings over six decades of engineering expertise, which complements the Company’s business operations in the Indian market.
The company provides end-to-end automated parking solutions, including system design, manufacturing, installation, and operations and maintenance (“O&M”) services.The Company has successfully completed more than 58 projects and is executing over 30 ongoing projects across multiple locations in India, including Delhi, Kolkata, Mumbai, Pune, Varanasi and Trivandrum, as well as in international markets such as the United States and Dubai.
In FY26, The Company achieved a Revenue of ₹ 11,674.65 Lakhs, EBITDA of ₹ 2,983.15 Lakhs & PAT of ₹ 1,735.56 Lakhs.
