Sotefin Bharat IPO

Listed
3.76×
Subscribed
Price band
₹187 – ₹187
Open – close
16 Jul 2026
to 20 Jul 2026
Listing
23 Jul 2026
Listing gain
+9.63%

What the filing actually says

Our read of the offer document and the exchange data — not the issuer's summary of itself

We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has not been analysed yet. A confident score from two fields would be worse than this notice.

Dates

The issuer's tentative timetable — a date passing is not confirmation the step completed

  1. Opens
    16 Jul 2026
  2. Closes
    20 Jul 2026
  3. Listing
    23 Jul 2026

Demand and your odds

How the book filled, and what that means for an application

Subscription by category
Qualified institutionalQIB2.82x
Non-institutionalNII / HNI4.73x
Retail individualRII3.72x
Chance of allotment
Retail3.72× subscribed
~1 in 3.7

Retail is 3.72× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 3.7 applications gets one lot. Bidding for extra lots does not improve these odds.

HNI / NII4.73× subscribed
~1 in 4.7

HNI is 4.73× subscribed. This category is allotted proportionately, so a bid receives roughly 1/4.7 of the shares applied for, subject to the minimum-lot draw.

Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.

The offering

Terms, structure and who is selling

Terms
Price band₹187 – ₹187
Company & valuation

What happened to comparable issues

The last 8 issues to list with a recorded opening price, most comparable first

Median listing gain
+26.9%
Listed up
8 of 8
Best
+90.0%
Millworks Technologies
Worst
3.0%
Happy Steels
146.4× sub+18.0%
41.6× sub+6.8%
192.7× sub+90.0%
Happy Steelssame segment
72.0× sub+3.0%
Devson Catalystsame segment
203.7× sub+66.2%
Kusumgar Limitedsame segment
127.9× sub+35.8%
IC Electricalssame segment
378.6× sub+67.7%
83.0× sub+10.6%

Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.

Common questions

How many times is the Sotefin Bharat IPO subscribed?

Sotefin Bharat is subscribed 3.76× overall (QIB 2.82×, NII 4.73×, retail 3.72×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar.

What are the chances of allotment in the Sotefin Bharat IPO?

The retail portion is subscribed 3.72×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 4. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.

Sotefin Bharat IPO — GMP, subscription & review | DocStoX