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Sotefin Bharat IPO

Sotefin Bharat Ltd IPO opens July 16, 2026, closes July 20, 2026, and lists on July 23, 2026 on BSE SME. Price band: ₹178-₹187, lot size 600 shares (₹2,24,400 minimum). Latest GMP: +7 as of July 18, 2026, implying an estimated listing around 194 (3.7% above the ₹187 issue price). Subscribed 0.73x overall.

sHQ
stoicHQ Research Team · Ex-quants, IIT Delhi · Updated July 18, 2026

What is Sotefin Bharat Ltd IPO GMP today?

As of July 18, 2026, the grey market premium (GMP) for Sotefin Bharat IPO is +7, implying an estimated listing price of 194 — a 3.7% premium to the ₹187 upper price band. GMP is an unofficial grey-market signal, not a SEBI-regulated price, and can move sharply before the July 23, 2026 listing.

Need the exact difference between GMP, Kostak rate, and Subject to Sauda? Read our plain-English IPO grey market guide before using this signal on its own.

GMP Today
+₹7
3.7% above issue price
Expected listing
194
Grey market estimate

Key Dates

IPO Open DateJuly 16, 2026
IPO Close DateJuly 20, 2026
Allotment DateJuly 21, 2026
Refund DateJuly 22, 2026
Demat Credit DateJuly 22, 2026
Listing DateJuly 23, 2026

Issue Details

Price Band₹178-₹187
Issue Price₹187
Face Value₹10
Lot Size600 shares
Min Investment₹2,24,400
Issue Size₹89.76 crore
Listing ExchangeBSE SME
RegistrarBigshare Services
IPO TypeSME

stoicHQ Analysis

Revenue doubled from ₹56.9 crore (FY24) to ₹118.2 crore (FY26); PAT nearly tripled to ₹17.4 crore
Strong return ratios — RoNW ~27%, ROCE ~33% — at a post-IPO P/E of ~19.6
55+ projects executed across Indian metros and internationally (US, Dubai)
Undersubscribed (0.73x overall, QIB just 0.13x) after 2 of 3 bidding days
GMP has collapsed from ~₹22 (Jul 16) to ₹7 (Jul 18) — weakening pre-listing sentiment
Niche automated-parking segment with project execution risk; post-IPO P/B ~4.7

About Sotefin Bharat Ltd

Incorporated in 2012, Sotefin Bharat provides mechanised and automated parking solutions on a turnkey basis — robotic, puzzle, tower and stack parking systems. As of March 2026 it had executed over 55 projects across Indian metros and internationally (US, Dubai), serving private developers and government agencies.

What is the Sotefin Bharat Ltd IPO subscription status?

As of July 18, 2026, Sotefin Bharat IPO is subscribed 0.73x overall — QIB 0.13x, NII 0.99x, retail 0.95x. Strong QIB demand alongside a positive GMP is a more reliable signal than GMP alone.

Overall Subscription0.73x
QIB (Institutional)0.13x
NII (HNI)0.99x
Retail0.95x

How to apply for Sotefin Bharat IPO

You apply for any IPO through a demat and trading account using UPI or ASBA during the bidding window. If you don't have one yet, you can open a demat account online in a few minutes. Some investors also keep a second demat account to submit an additional application under a different PAN in the household and improve allotment odds.

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How to check Sotefin Bharat Ltd IPO allotment status

Sotefin Bharat IPO allotment is expected on July 21, 2026. To check: open the registrar (Bigshare Services), select “Sotefin Bharat IPO”, and enter your PAN, application number, or DP/Client ID. Refunds for unallotted applications begin July 22, 2026; shares are credited to demat by July 22, 2026.

Check allotment on Bigshare ServicesFull allotment-status guide →

When will Sotefin Bharat Ltd IPO list?

Sotefin Bharat IPO is scheduled to list on BSE SME on July 23, 2026. Based on the current grey market premium of ₹7, the estimated listing price is around ₹194 (3.7% gain versus the ₹187 upper price band). GMP is unofficial and can move sharply in the final days before listing.

Frequently Asked Questions

What is the Sotefin Bharat Ltd IPO GMP today?
As of July 18, 2026, the grey market premium (GMP) for Sotefin Bharat IPO is ₹7, implying an estimated listing around ₹194 (3.7% over the ₹187 upper price band). GMP is an unofficial, unregulated grey-market signal and can change sharply before listing.
What is the Sotefin Bharat Ltd IPO subscription status?
Sotefin Bharat IPO was subscribed 0.73x overall (QIB 0.13x, NII 0.99x, retail 0.95x). Subscription is a stronger demand signal than GMP alone — strong QIB subscription combined with positive GMP is the most reliable indicator.
When is Sotefin Bharat Ltd IPO allotment date and how do I check it?
Sotefin Bharat IPO allotment is expected on July 21, 2026. Check your allotment on the registrar's site (Bigshare Services, https://ipo.bigshareonline.com/IPO_Status.html) using your PAN, application number, or DP/Client ID. Refunds begin July 22, 2026 and shares are credited to demat by July 22, 2026.
When is Sotefin Bharat Ltd IPO listing date?
Sotefin Bharat IPO is scheduled to list on BSE SME on July 23, 2026.
What is the lot size and minimum investment for Sotefin Bharat Ltd IPO?
The lot size is 600 shares and the minimum retail investment is ₹2,24,400 at the upper price band of ₹178-₹187.
Should I apply to the Sotefin Bharat Ltd IPO?
This is not investment advice. Positives: Revenue doubled from ₹56.9 crore (FY24) to ₹118.2 crore (FY26); PAT nearly tripled to ₹17.4 crore. Risks: Undersubscribed (0.73x overall, QIB just 0.13x) after 2 of 3 bidding days. Weigh GMP, subscription, valuation and use of proceeds together, and read the RHP before applying.

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