Sotefin Bharat Ltd Summary
Sotefin Bharat Limited was initially incorporated on 16 March, 2012 with the Registrar of Companies, Kolkata as Pisa- Sotefin Parking Private Limited. The name of the Company was changed to Sotefin Parking Private Limited on November 17, 2016 and further changed to Sotefin Bharat Private Limited on January 1, 2025. The Company was subsequently converted into a public limited company with effect from November 28, 2025 granted by the ROC, West Bengal.
Incorporated in 2012, Sotefin Bharat Limited is engaged in the business of providing mechanised and automated car parking solutions, in developing solutions of various scales-ranging from small installations to large, high-capacity parking structures capable of accommodating thousands of vehicles.The Company operate in India with technology support from Sotefin SA, Switzerland, a global innovator in automated parking systems since 1956. Sotefin SA pioneered the trolley-based vehicle transfer system and, since 1959, has held various patents through its subsidiaries and associates in the field of robotic parking systems. The product portfolio comprises of a comprehensive range of mechanised and automated parking solutions, designed to optimise land utilisation, reduce traffic congestion, enhance user convenience, and ensure long-term operational reliability.
In addition to standardised product categories such as Fully Automated Robotic Parking Systems Puzzle Parking Systems, and Tower Parking Systems, it works customised parking solutions including Stack Parking Systems which are designed and executed on a project-specific basis to meet site requirements. Over the past decade, the Company has completed and executed more than 50 projects across India and international markets, comprising over 12,000 automated parking spaces.Company has filed a Draft Prospectus with SEBI and is planning a fresh issue of 50,00,000 equity shares of Rs 10 by way of IPO.