Mumbai, July 23 -- The scrip was listed at Rs 205, a 9.63% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 215.25 and a low of Rs 205. About 19.69 lakh shares of the company changed hands at the counter.

Sotefin Bharat's IPO was subscribed 3.78 times. The issue opened for bidding on 16 July 2026 and it closed on 20 July 2026. The price band of the IPO was fixed between Rs 178 to Rs 187 per share.

The IPO comprised a fresh issue of 48,00,000 shares. The company intends to utilise the net proceeds towards funding the capital expenditure requirements for establishing a manufacturing facility in Kolkata, West Bengal, funding the cap...