31 Mar 2024
Assets60.64
Total Income56.87
EBITDA10.54
Profit After Tax6.25
NET Worth21.92
Reserves and Surplus26.88
Total Borrowing18.78
At a glance
Updated 2026-09-08The shares listed at ₹205.00, a 9.63% move from the issue price. Sotefin Bharat is a SME IPO with an issue size of ₹89.76 crore, proposed for listing on BSE SME. The offer opens on 16th Jul 2026 and closes on 20th Jul 2026. The issue structure includes a fresh issue of ₹85.27 crore. The current listing schedule points to 23rd Jul 2026.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹89.76 Cr
Fresh issue₹85.27 Cr
Face value₹10
Price band₹178.00–₹187.00
Allotment21st Jul 2026
Listing23rd Jul 2026
Listing performance
Full performance ↗Issue price₹187.00
Listing price₹205.00
Current price—
Listing gain9.63%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹2.50
GMP / upper price1.34%
Est. listing₹189.50
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens16th Jul 2026
Closes20th Jul 2026
Allotment21st Jul 2026
Refund22nd Jul 2026
Demat22nd Jul 2026
Listing23rd Jul 2026
Subscription demand
Full bidding ↗QIB2.82×
sHNI3.59×
bHNI5.12×
NII / HNI5.12×
Retail3.78×
Total3.99×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹224,400 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal | ₹20.13 Cr |
| Funding capital expenditure requirements for the proposed new office premises | ₹8.17 Cr |
| Funding working capital requirements of the Company | ₹40.00 Cr |
| General Corporate Purposes | ₹8.88 Cr |
| Issue Expenses | ₹12.58 Cr |
| Total | ₹89.76 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue118.23₹ Cr · +25.6% vs prior year
EBITDA29.83₹ Cr · +61.6% vs prior year
PAT17.37₹ Cr · +53.6% vs prior year
Assets129.06₹ Cr · +30.8% vs prior year
Net Worth78.11₹ Cr · +54.3% vs prior year
Borrowing24.01₹ Cr · +97.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2025
Assets98.68
Total Income94.15
EBITDA18.46
Profit After Tax11.31
NET Worth50.63
Reserves and Surplus55.35
Total Borrowing12.16
31 Mar 2026
Assets129.06
Total Income118.23
EBITDA29.83
Profit After Tax17.37
NET Worth78.11
Reserves and Surplus70.57
Total Borrowing24.01
KPIs
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 26.98% |
| ROCE | 33.31% |
| Debt / Equity | 0.31% |
| RoNW | 26.98% |
| PAT Margin | 14.88% |
| EBITDA Margin | 25.55% |
| Price to Book Value | 4.68 |
Valuation & shareholding
Pre-IPO EPS13.00
Post-IPO EPS9.56
Pre-IPO P/E14.38
Post-IPO P/E19.55
Promoter holding pre62.10%
Promoter holding post45.70%
Market cap₹339.60 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Sotefin Bharat IPO | — | 19.55 x | — | — |
| Mopshop Distribution IPO | — | 28.57 x | — | — |
| Propshop Events IPO | — | 15.97 x | — | — |
| PAN HR IPO | — | 7.31 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal | ₹20.13 Cr |
| Funding capital expenditure requirements for the proposed new office premises | ₹8.17 Cr |
| Funding working capital requirements of the Company | ₹40.00 Cr |
| General Corporate Purposes | ₹8.88 Cr |
| Issue Expenses | ₹12.58 Cr |
| Total | ₹89.76 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Choice Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-08.
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