The ₹89.76 crore IPO of Sotefin Bharat Ltd. closed on Jul 20, 2026, booked 3.99 times subscription on the last day. The company has received bids for 1.27 crore shares against the 0.32 crore shares offered.
Sotefin Bharat IPO Subscription Status
The Retail Investors category subscribed 3.78 times, Non-Institutional Investors (NIIs) subscribed 6.05 times and Qualified Institutional Buyers (QIBs) booked 2.82 times subscription.
In the NII category, small NIIs who bid for up to ₹10 Lakhs subscribed 3.59 times, while big NIIs who bid above ₹10 Lakhs subscribed 7.28 times.
About The IPO
The issue comprised entirely of Fresh Issue of 48,00,000 shares valued at ₹89.76 crore.
The allotment is likely to be finalized on Jul 21, 2026 and the shares are proposed to be listed on the BSE SME with tentative listing date on Jul 23, 2026.
The issue is managed by Choice Capital Advisors Pvt.Ltd., serving as the Book-Running Lead Manager, and Bigshare Services Pvt.Ltd., acting as the Registrar for the offering.
