Sotefin Bharat IPO allotment date likely today. GMP, steps to check share allotment status for SME IPO

Sotefin Bharat SME IPO allotment is expected today, July 21, with listing scheduled for July 23 on BSE SME. The public issue was subscribed 3.99 times overall, with retail at 3.78 times, NII at 6.05 times, and QIB at 2.82 times. The grey market premium is muted at just Rs 1 per share over the upper price band of Rs 187, indicating an estimated listing price of around Rs 188 (0.53 percent premium). The company raised Rs 89.76 crore through a fresh issue of 48 lakh equity shares.