Sotefin Bharat Ipo
Sotefin Bharat IPO Review & Key Points
Review: Neutral
Peer Group Comparison
There are no listed peer companies.
IPO Lead Managers aka Merchant Bankers
Choice Capital Advisors Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | July 16, 2026 |
| IPO Close Date | July 20, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹178 to ₹187 Per Share |
| Issue Size | Approx ₹90 Crores, 48,00,000 Equity Shares |
| Fresh Issue | Approx ₹90 Crores, 48,00,000 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 1,200 | ₹2,24,400 |
| Retail Maximum | 2 | 1,200 | ₹2,24,400 |
| S-HNI Minimum | 3 | 1,800 | ₹3,36,600 |
| S-HNI Maximum | 8 | 4,800 | ₹8,97,600 |
| B-HNI Minimum | 9 | 5,400 | ₹10,09,800 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 13,68,000 Shares | 28.50% |
| QIB (Ex. Anchor) | 9,12,000 Shares | 19.00% |
| NII Shares Offered | 6,84,000 Shares | 14.25% |
| Retail Shares Offered | 15,96,000 Shares | 33.25% |
| Anchor Bidding Date | July 15, 2026 |
| Anchor Investors List | |
| Shares Offered | 13,68,000 Shares |
| Anchor Size | 25.58 Cr. |
| lock-in period end date 50% shares (30 Days) | Aug 20, 2026 |
| lock-in period end date 50% shares (90 Days) | Oct 19, 2026 |
| IPO Open Date: | July 16, 2026 |
| IPO Close Date: | July 20, 2026 |
| Basis of Allotment: | July 21, 2026 |
| Refunds: | July 22, 2026 |
| Credit to Demat Account: | July 22, 2026 |
| IPO Listing Date: | July 23, 2026 |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,33,60,307 | 41.54% |
| Promoter Holding Post Issue | 1,83,60,307 | -% |
| Purpose | Crores |
| Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal | ₹20.13 |
| Funding capital expenditure requirements for the proposed new office premises | ₹8.17 |
| Funding working capital requirements of the Company | ₹40.00 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹37.31 | ₹31.62 | ₹4.00 | ₹46.48 |
| 2024 | ₹56.87 | ₹48.27 | ₹6.25 | ₹60.64 |
| 2025 | ₹94.15 | ₹77.97 | ₹11.31 | ₹98.68 |
| 2026 | ₹118.23 | ₹93.17 | ₹17.37 | ₹129.06 |
| KPI | Values |
| ROE: | 26.98% |
| ROCE: | 33.31% |
| EBITDA Margin: | 25.55% |
| PAT Margin: | 14.88% |
| Debt to equity ratio: | 0.31 |
| Earning Per Share (EPS): | ₹13.39 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 26.98% |
| Net Asset Value (NAV): | ₹60.00 |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |