Sotefin Bharat IPO

No current grey market premium reading is being quoted for the Sotefin Bharat Limited IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

The premium is checked about every 20 minutes from third-party grey-market reporters while the issue is live. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

As of 20 Jul, 5:00 pm the Sotefin Bharat Limited IPO is subscribed 3.78× overall: QIB 2.82×, non-institutional 4.74× and retail 3.78×. Figures are the exchange's consolidated demand across NSE and BSE.

The retail portion is subscribed 3.78× as of 20 Jul, 5:00 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.

Allotment for the Sotefin Bharat Limited IPO is expected to be finalised on 21 July 2026, the trading day after the issue closes on 20 July 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 22 July 2026 and the shares list on 23 July 2026. Dates are tentative until the registrar and exchange confirm them.

Allotment is decided and published by the registrar, Big Share Services Private Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

The registrar to the Sotefin Bharat Limited IPO is Big Share Services Private Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Bidding for the Sotefin Bharat Limited IPO opens on 16 July 2026 and closes on 20 July 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

The shares are scheduled to list on 23 July 2026 on BSE SME. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 16 July 2026 and 20 July 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹187); a UPI mandate must be approved by 5:00 pm on the closing day.

20 July 2026 is the last day of bidding. Allotment is then expected on 21 July 2026, refunds and demat credit on 22 July 2026, and listing on 23 July 2026 — tentative until confirmed.

The Sotefin Bharat Limited IPO price band is ₹178 to ₹187 per share. Applications are made at the cut-off price, which is the upper end of the band.

One lot is 1200 shares, so a single application at the ₹187 cut-off costs ₹2,24,400. One lot already exceeds the ₹2,00,000 retail limit, so this issue can only be applied for in the HNI category.

₹2,24,400 — one lot of 1200 shares at ₹187. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

Sotefin Bharat Limited is an SME issue listing on BSE SME. SME issues have a larger minimum lot and trade on the exchange's SME platform after listing. The lead manager is Choice Capital Advisors Private Limited.

The issue size is ₹90 crore, of which ₹90 crore is a fresh issue.

Sotefin Bharat Limited reported revenue of ₹116.75 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.

Sotefin Bharat Limited reported a profit after tax of ₹17.37 crore in FY2026. Earlier years are in the table above.

From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

The offer document for the Sotefin Bharat Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

The company leverages technology and sources critical patented parking robots from Sotefin SA, Switzerland, benefiting from decades of Swiss engineering expertise and globally benchmarked designs. The company has achieved ISO 9001:2015 certification for its quality management systems and CE certification for compliance with EU Machinery Directive. The company operates a fully integrated business model covering the entire lifecycle of automated parking projects, including design, manufacturing, installation, commissioning, and long-term maintenance support. The page lists all 6 as disclosed.

The company leverages technology and sources critical patented parking robots from Sotefin SA, Switzerland, and has limited proprietary intellectual property, making it vulnerable to disruptions in this supply arrangement. The company's revenue from operations is highly concentrated, with its top ten customers contributing over 91.77% of revenue in FY2026, making it dependent on a limited number of key customers. The company's revenue is generated from projects undertaken with Government agencies, which are awarded based on pre-qualification criteria and competitive selection processes, potentially restricting negotiation ability. The page lists all 7 disclosed risk factors.

The Sotefin Bharat Limited shares are scheduled to list on 23 July 2026 on BSE SME. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

Sotefin Bharat Limited listed at ₹205, a gain of 9.6% on the ₹187 issue price.

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.