Sotefin Bharat IPO Subscribed 3.99 Times on Day 3
5paisa Capital Ltd
- 2 min read
Last Updated: 20th July 2026 - 05:46 pm
Sotefin Bharat Limited's initial public offering (IPO) closed with an overall subscription of 3.99 times by 4:54 PM on Day 3 (July 20, 2026). The ₹89.76 crore book-built BSE SME issue, priced at ₹178 to ₹187 per share, received bids for 1,27,46,400 shares against 31,92,000 shares on offer, with total applications reaching 6,070. Non-Institutional Investors led the final-day charge with big-HNI bids at over 7x, while retail and QIB categories also comfortably crossed the fully-subscribed mark.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of Sotefin Bharat IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (July 16) | 0.00 | 0.24 | 0.37 | 0.24 |
| Day 2 (July 17) | 0.13 | 1.16 | 1.02 | 0.80 |
| Day 3 (July 20) | 2.82 | 6.05 | 3.78 | 3.99 |
Here are the subscription details for Sotefin Bharat IPO Day 3, as of 4:54 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex-Anchor) | 2.82 | 9,12,000 | 25,72,800 |
| NII | 6.05 | 6,84,000 | 41,40,000 |
| Retail | 3.78 | 15,96,000 | 60,33,600 |
| Total | 3.99 | 31,92,000 |
1,27,46,400 |
Key Highlights – Day 3
- Overall subscription surged to 3.99 times on Day 3 (July 20, 2026), a sharp jump from 0.80x on Day 2, reflecting strong last-day momentum across all investor categories.
- Non-Institutional Investors (NIIs) were the standout category at 6.05 times, with big-ticket bNII bids at 7.28x outpacing sNII at 3.59x — a clear signal of HNI conviction.
- Retail Individual Investors subscribed 3.78 times, drawing bids across ~15.96 lakh shares on offer.
- Qualified Institutional Buyers (Ex-Anchor) turned decisively active on the final day, closing at 2.82 times after just 0.13x at the end of Day 2.
Key Highlights – Day 2
- Overall subscription rose to 0.80 times on Day 2 (July 17, 2026), up from 0.24x on Day 1, as retail and NII participation gathered pace.
- Non-Institutional Investors (NIIs) led Day 2 momentum at 1.16 times, with bNII at 1.43x ahead of sNII at 0.62x — an early sign of big-HNI interest.
- Retail Individual Investors crossed the fully-subscribed mark at 1.02 times.
- Qualified Institutional Buyers (Ex-Anchor) stayed light at 0.13 times, holding fire for the final day.
Key Highlights – Day 1
- Overall subscription stood at 0.24 times on Day 1 (July 16, 2026), reflecting a measured start to the mainboard SME issue.
- Retail Individual Investors led the opening day at 0.37 times, showing early participation from the outset.
- Non-Institutional Investors (NIIs) subscribed 0.24 times, with sNII at 0.28x slightly ahead of bNII at 0.21x.
- Qualified Institutional Buyers (Ex-Anchor) stayed on the sidelines at 0.00 times, in line with the typical pattern of institutional bids landing on the final day.
About Sotefin Bharat Limited
Incorporated in 2012 and headquartered in Kolkata, West Bengal, Sotefin Bharat Limited provides mechanised and automated parking solutions through turnkey projects, integrating Swiss-engineered SILOMAT Shuttle and Dolly technology from Sotefin SA with in-house structural manufacturing at its Bagnan, Howrah facility. Its product portfolio spans fully automated robotic parking systems, puzzle parking, tower parking (Travel Tower, Pallet, Comb types) and stack parking solutions. As of March 31, 2026, the company had completed 55+ projects and was executing 30+ projects across India.
- FREE IPO Application
- Apply with Ease
- Pre-Apply for IPOs
- UPI Bid Instantly
Trending on 5paisa
5paisa Capital Ltd
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.