Sotefin Bharat IPO vs Vinit Mobile IPO

Comparison between Sotefin Bharat IPO and Vinit Mobile IPO.

IPO Details

Sotefin Bharat IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vinit Mobile IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sotefin Bharat IPO is up to ₹85.27 Cr whereas the issue size of the Vinit Mobile IPO is up to ₹32.42 Cr. The final issue price of Sotefin Bharat IPO is ₹187.00 per share and of Vinit Mobile IPO is ₹158.00 per share.

 Sotefin Bharat IPOVinit Mobile IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹178.00 per share₹150.00 per share
Issue Price (Upper)₹187.00 per share₹158.00 per share
Issue Price (Final)₹187.00 per share₹158.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size600 shares800 shares
Fresh Issue Size45,60,000 shares20,52,000 shares
Fresh Issue Size (Amount)up to ₹85.27 Crup to ₹32.42 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total45,60,000 shares20,52,000 shares
Issue Size Total (Amount)up to ₹85.27 Crup to ₹32.42 Cr

IPO Timetable

Sotefin Bharat IPO opens on Jul 16, 2026, while Vinit Mobile IPO opens on Jun 30, 2026. The closing date of Sotefin Bharat IPO and Vinit Mobile IPO is Jul 20, 2026, and Jul 02, 2026, respectively.

 Sotefin Bharat IPOVinit Mobile IPO
Anchor Bid DateJul 15, 2026
Issue OpenJul 16, 2026Jun 30, 2026
Issue CloseJul 20, 2026Jul 02, 2026
Basis Of Allotment (Tentative)Jul 21, 2026Jul 03, 2026
Initiation of Refunds (Tentative)Jul 22, 2026Jul 06, 2026
Credit of Share (Tentative)Jul 22, 2026Jul 06, 2026
Listing date (Tentative)Jul 23, 2026Jul 07, 2026
Anchor Lockin End date 1Aug 20, 2026
Anchor Lockin End date 2Oct 19, 2026

Financials & KPIs

Sotefin Bharat IPO P/E ratio is 14.38, as compared to Vinit Mobile IPO P/E ratio of 16.24.

 Sotefin Bharat IPOVinit Mobile IPO
Financials

Company Financials (Restated)

Sotefin Bharat Ltd.'s revenue increased by 26% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets129.0698.6860.64
Total Income118.2394.1556.87
Profit After Tax17.3711.316.25
EBITDA29.8318.4610.54
NET Worth78.1150.6321.92
Reserves and Surplus70.5755.3526.88
Total Borrowing24.0112.1618.78
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets25.0413.347.410.01
Total Income56.0160.6328.590.00
Profit After Tax5.113.900.72-0.00
EBITDA7.535.721.05-0.00
NET Worth9.714.600.70-0.02
Reserves and Surplus5.704.590.69-0.03
Total Borrowing6.073.043.100.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)41.5499.80
Promoter Shareholding (Post-Issue)64.85
P/E Ratio14.3816.24
Market Cap₹339.60 Cr.₹97.49 Cr.
ROE26.9884.78
ROCE33.3173.66
Debt/Equity0.310.66
EPS₹13.00₹9.73
RoNW26.9884.78

Shares Offered

In the Sotefin Bharat IPO Retail Individual Investors (RII) are offered 15,96,000 shares while in Vinit Mobile IPO retail investors are offered 15,96,000 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Sotefin Bharat IPO and 21,600 shares in Vinit Mobile IPO.

 Sotefin Bharat IPOVinit Mobile IPO
Anchor Investor Reservation13,68,000 shares0 shares
Market Maker Reservation2,40,000 shares1,08,000 shares
QIB9,12,000 shares21,600 shares
NII6,84,000 shares8,20,800 shares
RII15,96,000 shares12,09,600 shares
Employee0 shares0 shares
Others
Total45,60,000 shares20,52,000 shares

Bids Received (Subscription)

Sotefin Bharat IPO subscribed 3.99x in total, whereas Vinit Mobile IPO subscribed 1.62x.

 Sotefin Bharat IPOVinit Mobile IPO
QIB (times)2.82x1.00x
NII (times)6.05x0.80x
Big NII (times)7.28x0.88x
Small NII (times)3.59x0.63x
RII (times)3.78x2.18x
Employee (times)
Other (times)
Total (times)3.99x1.62x

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