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Sotefin Bharat Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Sotefin Bharat Ltd IPO

Registered Office: 72/B Barakhola Kalikapur, , Kolkata - 700099 , West Bengal , India.
Phone : +91 82 8299 9547   Fax:
Email :  bdas@sotefinbharat.com  
Website :  www.sotefinbharat.com
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)178-187 per equity share including a share premium of (Rs)168-177 per equity share (the "Issue Price") aggregating up to (Rs)85.44-89.76 Crores ("the Issue"), of which 2,40,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)178-187 per equity share including a share premium of (Rs)168-177 per equity share aggregating to (Rs)4.27-4.49 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)178-187 per equity share including a share premium of (Rs)168-177 per equity share aggregating to (Rs)81.17-85.27 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)178 to (Rs)187 per equity share of face value of (Rs)10 each. The floor price is 17.80 times the face value of the equity shares and the cap 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 Money Payable On
Opens On Closes On Application Allotment
16-Jul-26 20-Jul-26 (Rs)178.00-187.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Choice Capital Advisors Private Limited
Project Financed through Current Offer 85.44  
Post Issue Equity Share Capital 18.16  
Issue Price (Rs)178.00  
 
Projects
Funding capital expenditure requirements for setting up a manufacturing facility in Kolkata, West BengalFunding working capital requirements of the Company
Funding capital expenditure requirements for the proposed new office premisesGeneral corporate purposes
Promoted By
Jignesh Pravinchandra Sanghavi  
Pisa International Private Lim  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd