IPO Guru
Listed SME

Sotefin Bharat IPO Subscription Status

Sotefin Bharat IPO was subscribed 3.78 times when bidding closed on 20 Jul 2026: QIB 2.82x, NII 4.74x, Retail 3.78x.

The Sotefin Bharat IPO has been subscribed 3.78x times overall. Retail investors have shown interest with bids for 3.78x the shares available. The Non-Institutional Investor (NII) category has been subscribed 4.74x. Within NII, Big HNI (B-HNI) subscribed 7.81x and Small HNI (S-HNI) subscribed 3.59x. Qualified Institutional Buyers (QIBs) have subscribed 2.82x. Data last updated on 03 Sep, 02:49 PM.

The IPO subscription period has ended. The issue opened on 16 Jul, 2026 and closes on 20 Jul, 2026. The shares are expected to list on stock exchanges on 23 Jul, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Last updated 03 Sep 2026, 02:49 PM
Category Bid details Times
QIB 25,72,800 of 9,12,000 18 applications 2.82x
NII 43,80,000 of 9,24,000 1,000 applications 4.74x
Retail 60,33,600 of 15,96,000 5,028 applications 3.78x
TOTAL 1,29,86,400 6,046 applications 3.78x

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 26.5% for a single lot.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
20 Jul 2026
Day 3
3.78x ▼
QIB2.82x NII4.74x Retail3.78x
17 Jul 2026
Day 2
0.81x ▼
QIB0.13x NII1.12x Retail1.02x
16 Jul 2026
Day 1
0.22x ▼
QIB- NII0.17x Retail0.37x

Sotefin Bharat SME IPO dates

From the bidding window to listing. Today is 11 October.

Key dates Listed
  1. Open 16 Jul 2026
  2. Close 20 Jul 2026
  3. Allotment 21 Jul 2026
  4. Refund/credit TBA
  5. Listing 23 Jul 2026

Sotefin Bharat IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 in 2
~52.9% chance per PAN — 5,028 applicants for 2,660 allotment slots. Winners get exactly 1 lot (₹1.1 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 3
~46.3% chance — 410 applicants for 190 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 8
~14.2% chance — 590 applicants for 84 allotment slots. Lottery allots the minimum B-HNI application of 9 lots (₹10.1 L) per winner; the rest is proportionate.
QIB (institutions)
2.82x
Proportionate allotment — at 2.82x, institutions receive ~35.5% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Sotefin Bharat IPO?

As of IPO close date (20 Jul, 2026), the Sotefin Bharat IPO is subscribed 3.78x times. Retail category is 3.78x, and NII is 4.74x subscribed.

When is the allotment date for Sotefin Bharat IPO?

The allotment for Sotefin Bharat IPO is expected to be finalized on 21 July, 2026.

What is the GMP of Sotefin Bharat?

The Grey Market Premium (GMP) for Sotefin Bharat is currently ₹2.5, indicating a potential listing gain of 1.3%.

When will Sotefin Bharat IPO list on the stock market?

Sotefin Bharat is scheduled to list on BSE and NSE on 23 July, 2026.

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

The retail category is oversubscribed at 3.78x, meaning allotment is by lottery. Statistically, approximately 1 in 4 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 2.82x mean for Sotefin Bharat IPO?

Moderate — QIBs have subscribed 2.82x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Sotefin Bharat IPO allotment status?

After the allotment date (21 Jul, 2026), you can check your Sotefin Bharat IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore Sotefin Bharat SME IPO further

Track every stage of this IPO, from subscription to listing.

IPO Guru App
IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
3.78x
QIB
2.82x
NII
4.74x
Retail
3.78x
Full IPO details