The minimum application is 1,200 shares, ₹2,24,400 at the ₹187 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Sotefin Bharat IPO Strengths & Risks as disclosed in the DRHP
▲ Strengths (6)
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 company has a strong order book of ₹53,439.85 lakhs as of March 31, 2026, providing clear visibility of future project execution and revenues.
The company's management and technical teams possess deep domain expertise in automated parking technologies, robotics, urban infrastructure development, and smart mobility solutions.
The company has a diversified customer base comprising institutional government clients, private developers, and builders across various Indian cities and international markets.
▼ Risk factors (7)
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 company depends on third-party suppliers for raw materials and components, and any disruption in supply, price volatility, or quality issues could adversely affect its operations.
The company faces risks related to project execution delays, and its contracts generally incorporate liquidated damages and penalty clauses which could result in significant liabilities if it fails to meet contractual timelines.
The successful installation and operation of the company's parking systems depend on clients fulfilling specific preparatory works and infrastructure requirements, and any delays or inadequacies in client-side responsibilities could adversely affect project execution and revenue recognition.
The company operates in a highly competitive and fragmented industry with low barriers to entry, and intense competition could result in pricing pressures, loss of market share, and reduced profitability.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Sotefin Bharat Limited, the registrar is Big Share Services Private Limited — allotment is finalised in the days between the issue closing on 20 Jul 2026 and listing on 23 Jul 2026.
By Big Share Services; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Wed, 22 Jul, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Thu, 23 Jul, 2026
BSE SME · trading from 10:00 am IST
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Bigshare. Your bank will also show the blocked amount released if shares were not allotted.
Sotefin Bharat IPO GMP FAQs
What is Sotefin Bharat IPO GMP today?
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.
Is Sotefin Bharat IPO GMP a guarantee of the listing price?
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.
How often is Sotefin Bharat IPO GMP updated on alphave?
Readings are collected about once an hour from third-party grey-market reporters while the issue is open, and each reading is timestamped. The history table shows one row per day, with the number of readings behind it.
Sotefin Bharat IPO Registrar where allotment and refund queries go
RegistrarBig Share Services Private Limited
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Sotefin Bharat IPO ASBA and UPI, as SEBI sets them
Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (20 Jul 2026).
One application per PAN. A second application under the same PAN is rejected, and both may be.
After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Big Share Services Private Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹2 on a ₹187 upper band means the grey market is dealing at ₹189.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.