Sotefin Bharat Ltd. has announced public offering of 4800000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 177.00 per share. The gross proceeds of the issue are expected to be Rs 8,976.00 lakhs.
The company's initial public offer (IPO) will open on 16 July 2026 and is expected to close on 20 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 178.00-187.00 per share.
The IPO includes a fresh Issue of 4800000 Equity Shares of the Company at an price of Rs 187.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.
Sotefin Bharat Ltd. anticipates using the proceeds of the issue for .
Choice Capital Advisors Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.