Comparison between Sotefin Bharat IPO and Submarine Pens IPO.
Sotefin Bharat IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Submarine Pens IPO is a SME Bookbuilding proposed to list at NSE SME.
| Sotefin Bharat IPO | Submarine Pens IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Choice Capital Advisors Pvt.Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | ||
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Sotefin Bharat IPO is up to ₹85.27 Cr whereas the issue size of the Submarine Pens IPO is up to ₹0.00 Cr. The final issue price of Sotefin Bharat IPO is ₹187.00 per share and of Submarine Pens IPO is .
| Sotefin Bharat IPO | Submarine Pens IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹178.00 per share | |
| Issue Price (Upper) | ₹187.00 per share | |
| Issue Price (Final) | ₹187.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 600 shares | |
| Fresh Issue Size | 45,60,000 shares | 37,02,400 shares |
| Fresh Issue Size (Amount) | up to ₹85.27 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 45,60,000 shares | 37,02,400 shares |
| Issue Size Total (Amount) | up to ₹85.27 Cr | up to ₹0.00 Cr |
Sotefin Bharat IPO opens on Jul 16, 2026, while Submarine Pens IPO opens on . The closing date of Sotefin Bharat IPO and Submarine Pens IPO is Jul 20, 2026, and , respectively.
| Sotefin Bharat IPO | Submarine Pens IPO | |
|---|---|---|
| Anchor Bid Date | Jul 15, 2026 | |
| Issue Open | Jul 16, 2026 | |
| Issue Close | Jul 20, 2026 | |
| Basis Of Allotment (Tentative) | Jul 21, 2026 | |
| Initiation of Refunds (Tentative) | Jul 22, 2026 | |
| Credit of Share (Tentative) | Jul 22, 2026 | |
| Listing date (Tentative) | Jul 23, 2026 | |
| Anchor Lockin End date 1 | Aug 20, 2026 | |
| Anchor Lockin End date 2 | Oct 19, 2026 |
Sotefin Bharat IPO P/E ratio is 14.38, as compared to Submarine Pens IPO P/E ratio of .
| Sotefin Bharat IPO | Submarine Pens IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Sotefin Bharat Ltd.'s revenue increased by 26% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2026 and March 31, 2025.
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 41.54 | 96.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹339.60 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.98 | 89.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.31 | 74.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.98 | 61.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sotefin Bharat IPO Retail Individual Investors (RII) are offered 15,96,000 shares while in Submarine Pens IPO retail investors are offered 15,96,000 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Sotefin Bharat IPO and 0 shares in Submarine Pens IPO.
| Sotefin Bharat IPO | Submarine Pens IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,68,000 shares | 0 shares |
| Market Maker Reservation | 2,40,000 shares | 0 shares |
| QIB | 9,12,000 shares | 0 shares |
| NII | 6,84,000 shares | 0 shares |
| RII | 15,96,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 45,60,000 shares | 0 shares |
Sotefin Bharat IPO subscribed 3.99x in total, whereas Submarine Pens IPO subscribed .
| Sotefin Bharat IPO | Submarine Pens IPO | |
|---|---|---|
| QIB (times) | 2.82x | |
| NII (times) | 6.05x | |
| Big NII (times) | 7.28x | |
| Small NII (times) | 3.59x | |
| RII (times) | 3.78x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.99x |
