The allotment status for the ₹89.76 crore Sotefin Bharat IPO is expected to be finalised today, July 21, 2026. Investors can check their IPO allotment status on the official websites of the BSE and the IPO registrar, Bigshare Services Private Limited.
Following the completion of the allotment process, the shares are tentatively scheduled to be listed on the BSE SME platform on July 23, 2026.
Explore other Upcoming IPOs on BSE and NSE.
[July 20, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
2.28x |
|
Non-Institutional Investors (NIIs) |
6.05x |
|
Retail Individual Investors (RIIs) |
3.78x |
|
Total |
3.99x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in 2012, Sotefin Bharat provides mechanised and automated parking solutions, offering end-to-end turnkey services that include system design, manufacturing, installation, and operations & maintenance (O&M). As of March 31, 2026, it has completed over 55 projects and is executing more than 30 projects across India, the United States, and Dubai. Its customer base includes leading private developers as well as government agencies such as MCD, MCGM, CPWD, MMRDA, and NHIDCL.
The company operates in India with technology support from Switzerland-based Sotefin SA, a pioneer in automated parking systems with over six decades of expertise. Leveraging this partnership, it delivers space-efficient and globally compliant parking solutions tailored to urban infrastructure needs.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from Operations |
1,167.46 |
937.76 |
562.83 |
|
Profit After Tax |
173.68 |
113.08 |
62.46 |
|
EBITDA |
298.32 |
184.62 |
105.42 |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here.