Sotefin Bharat IPO Subscription Status
Final figures at close of bidding: 23 Jul 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 2.82x |
| NII | 6.05x |
| sNII (₹2L–₹10L) | 3.59x |
| bNII (above ₹10L) | 7.28x |
| Retail (RII) | 3.78x |
| Total | 3.99x |
Bidding day 5
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0x | 0.28x | 0.21x | 0.37x | 0.24x |
| Day 2 | 0.13x | 0.62x | 1.43x | 1.02x | 0.8x |
| Day 3 | 0.13x | 0.62x | 1.43x | 1.02x | 0.8x |
| Day 4 | 0.13x | 0.62x | 1.43x | 1.02x | 0.8x |
| Day 5 | 2.82x | 3.59x | 7.28x | 3.78x | 3.99x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Bidding in the Sotefin Bharat IPO ran across 5 recorded days: overall subscription stood at 0.24× at the close of day 1, read 0.8× at the end of day 2, read 0.8× at the end of day 3, read 0.8× at the end of day 4, and finished at 3.99× on day 5. On the final day it was non-institutional investors (NII) driving the book, at 6.05× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 0.8× to 3.99×.
Category detail
Institutional demand closed at 2.82× of the QIB quota. Non-institutional investors came in at 6.05×, split 3.59× in the small-NII bucket (bids under ₹10 lakh) and 7.28× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 3.78× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 6.05× and qualified institutional buyers (QIB) at the bottom at 2.82×.
What the multiple means for allotment
A retail multiple of 3.78× means bids in the category outnumbered the shares set aside for it roughly 3.78 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 600 shares — ₹1,12,200 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Sotefin Bharat IPO open and close?
- The Sotefin Bharat IPO opens on 16 Jul 2026 and closes on 20 Jul 2026.
- How many times was the Sotefin Bharat IPO subscribed?
- The Sotefin Bharat IPO was subscribed 3.99 times in total across all investor categories.
- What is the reservation split in the Sotefin Bharat IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.