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IPO Synopsis

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IPO

Sotefin Bharat Ltd
Initial public issue of upto 48,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Sotefin Bharat Limited (formerly known as Sotefin Bharat Private Limited), ("Sotefin" or the "Company" or the "Issuer") for cash at a price of Rs. 187 per equity share including a share premium of Rs. 177 per equity share (the "Issue Price") aggregating up to Rs. 89.76 Crores ("the Issue"), of which 2,40,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 187 per equity share including a share premium of Rs. 177 per equity share aggregating to Rs. 4.49 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 45,60,000 equity shares of face value of Rs. 10/- each at a price of Rs. 187 per equity share including a share premium of Rs. 177 per equity share aggregating to Rs. 85.27 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.42% and 25.11%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10. each. Price Band: Rs. 187 per equity share of face value of Rs. 10 each. The floor price is 18.70 times the face value of the equity shares. Bids can be made for a minimum of 1200 equity shares and in multiples of 600 equity shares thereafter.
Issue
Opens On Closes On
16-Jul-26 20-Jul-26
Money Payable On
Application Allotment
187.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 600
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Choice Capital Advisors Private Limited
Project Financed through Current Offer (.Cr) 89.76  
Post Issue Equity Share Capital (.Cr) 18.16
Issue Price () 187.00
Projects
Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West Bengal
Funding capital expenditure requirements for the proposed new office premises
Funding working capital requirements of the Company
General corporate purposes
Promoted By
Jignesh Pravinchandra Sanghavi
Pisa International Private Lim
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd