Sollfege Smart Electronics IPO is a fixed-price SME IPO of Sollfege Smart Electronics Limited. The issue comprises 39,60,000 equity shares and is entirely a fresh issue. At the fixed issue price of ₹55 per share, the total issue size works out to ₹21.78 crore. The company operates in the lifestyle electronics and smart technology segment, offering solutions across premium audio, video, home automation, smart living, lifestyle electronics and wellness.
The IPO opens for subscription on 30 September 2026 and closes on 5 October 2026. The fixed issue price is ₹55 per share and the lot size is 2,000 shares. Retail investors need to apply for a minimum of 2 lots, or 4,000 shares, requiring an investment of ₹2,20,000 at the issue price. The IPO allotment is expected to be finalised on 6 October 2026.
Sollfege Smart Electronics Limited focuses on products and solutions designed for modern homes and lifestyle applications. Its business covers premium audio and video products, home automation, smart living solutions, lifestyle electronics and wellness-related offerings. The company’s operations are positioned around the increasing adoption of connected, technology-enabled and premium electronic solutions.
The equity shares of Sollfege Smart Electronics Limited are proposed to be listed on the BSE SME platform, with the tentative listing date scheduled for 8 October 2026. Investors can review the company’s financial performance, business model, IPO objects, valuation, subscription details and risk factors before evaluating the issue. The minimum application size and other characteristics associated with SME-listed securities should also be considered before making an investment decision.
Table of Contents
IPO Details Information
| Particular | Details |
|---|---|
| IPO Name | Sollfege Smart Electronics IPO |
| Company Name | Sollfege Smart Electronics Limited |
| IPO Type | SME IPO |
| Issue Type | Fixed Price IPO |
| Face Value | ₹10 per Equity Share |
| Issue Price | ₹55 per Share |
| Total Issue Size | ₹21.78 Cr |
| Total Shares Offered | 39,60,000 Equity Shares |
| Fresh Issue | 39,60,000 Equity Shares |
| Offer for Sale | Nil |
| Market Maker Portion | 2,00,000 Shares |
| Net Offered to Public | 37,60,000 Shares |
| Listing At | BSE SME |
| IPO Open Date | 30 September 2026 |
| IPO Close Date | 5 October 2026 |
| Listing Date | 8 October 2026 |
| Market Lot | 2,000 Shares |
| Minimum Retail Application | 2 Lots / 4,000 Shares |
| Minimum Investment | ₹2,20,000 |
| Registrar | KFin Technologies Limited |
| Lead Manager | Finshore Management Services Ltd. |
The Sollfege Smart Electronics IPO consists entirely of a fresh issue of 39,60,000 equity shares, with no offer-for-sale component. Out of the total issue, 2,00,000 shares are reserved for the market maker to support market-making activities and liquidity after listing. After excluding the market maker portion, 37,60,000 shares constitute the net offer to the public.
The fresh issue proceeds will be received by the company, after adjusting applicable issue expenses, and will be utilised towards the objects specified in the IPO offer documents. Investors can refer to the detailed issue structure and category-wise reservation in the offer document before applying for the IPO.
IPO Dates
| IPO Event | Date |
|---|---|
| IPO Open Date | 30 September 2026 |
| IPO Close Date | 5 October 2026 |
| Basis of Allotment | 6 October 2026 |
| Initiation of Refunds | 7 October 2026 |
| Credit of Shares to Demat | 7 October 2026 |
| Listing Date | 8 October 2026 |
IPO Reservation
The net public issue comprises 37,60,000 equity shares after excluding the 2,00,000 shares reserved for the market maker. Of the net public issue, 18,80,000 shares are allocated to Non-Institutional Investors (NII), while another 18,80,000 shares are reserved for Retail Individual Investors (RII). In addition, 2,00,000 shares are specifically reserved for the market maker as part of the SME IPO structure.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) | 18,80,000 | 50.00% | 47.47% |
| Retail Individual Investors | 18,80,000 | 50.00% | 47.47% |
| Market Maker | 2,00,000 | — | 5.05% |
| Total | 39,60,000 | 100% | 100% |
IPO Lot Size
Investors can bid for a minimum of 4,000 equity shares, equivalent to 2 lots, with each lot comprising 2,000 shares. Applications can be made in multiples of 2,000 shares thereafter, allowing investors to increase their application size according to the applicable IPO terms. At the fixed issue price of ₹55 per share, the minimum investment for 4,000 shares is ₹2,20,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (Min) | 2 | 4,000 | ₹2,20,000 |
| Individual Investors (Max) | 2 | 4,000 | ₹2,20,000 |
| HNI (Min) | 3 | 6,000 | ₹3,30,000 |
About Sollfege Smart Electronics Limited
Sollfege Smart Electronics Limited was incorporated in 2012 and operates in the premium audio, video, home automation, smart living, lifestyle electronics and wellness solutions segment. The company provides technology-driven solutions combining products, design, convenience and functionality.
The company’s product and solution portfolio includes home theatre systems, audio and video solutions, smart home automation, lighting control, climate control, lifestyle electronics and connected living solutions. It operates through showrooms, experience centres and an online platform, allowing customers to experience and purchase products for residential and commercial applications.
Sollfege follows an experience-focused business model in which customers can interact with and test products at its experience centres before purchase. The company also works with global brands, national distributors, architects, interior designers, builders and project partners. Its official website currently describes its business as premium audio, video and smart-home automation solutions and lists experience centres in locations including Kolkata, Gurugram and Bhubaneswar.
Business Operations
- Premium audio and video products and solutions.
- Home theatre and entertainment systems.
- Smart home automation solutions.
- Lighting and climate-control integration.
- Lifestyle electronics and connected living products.
- Experience centres and online sales.
- B2C and B2B customer servicing.
Industry Overview
Sollfege operates in the premium consumer electronics, audio-video and smart-home automation segment. The business combines product sales with consultation, demonstration and integration services, particularly for customers seeking customised residential and commercial solutions.
Business Strategy
- Expand the retail network through new showrooms.
- Strengthen presence in key Indian markets.
- Increase working capital to support business growth.
- Expand the company’s premium product portfolio.
- Improve customer experience through experience centres.
- Strengthen online and digital sales channels.
Sollfege Smart Electronics IPO Financial Information
| Financial Year | Total Assets (₹ Cr) | Total Income (₹ Cr) | PAT (₹ Cr) |
|---|---|---|---|
| FY2023 | 10.09 | 12.74 | 0.36 |
| FY2024 | 12.30 | 19.84 | 1.76 |
| FY2025 | 24.83 | 21.28 | 2.13 |
| H1 FY2026 | 31.71 | 10.76 | 1.05 |
The company reported total income of ₹21.28 crore and PAT of ₹2.13 crore in FY2025.
Sollfege Smart Electronics IPO Financial Summary
| Particular | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Total Income | ₹12.74 Cr | ₹19.84 Cr | ₹21.28 Cr |
| PAT | ₹0.36 Cr | ₹1.76 Cr | ₹2.13 Cr |
| EBITDA | ₹0.66 Cr | ₹1.73 Cr | ₹3.24 Cr |
| Total Assets | ₹10.09 Cr | ₹12.30 Cr | ₹24.83 Cr |
| Net Worth | ₹1.99 Cr | ₹3.75 Cr | ₹9.43 Cr |
| Reserves & Surplus | ₹0.98 Cr | ₹2.74 Cr | ₹7.92 Cr |
| Total Borrowings | ₹1.76 Cr | ₹2.87 Cr | ₹4.46 Cr |
Sollfege Smart Electronics Limited has reported its financial performance through revenue, profitability and other key financial indicators across the reported periods. Investors can review the company’s revenue growth, profit after tax, earnings per share, margins and other financial metrics to assess its operating performance and financial position. These financial details, along with the company’s business model and industry outlook, provide important information for evaluating the IPO.
Sollfege Smart Electronics IPO Key Performance Indicators
| KPI | 30 September 2025 | 31 March 2025 |
|---|---|---|
| ROE | 10.53% | 32.27% |
| ROCE | 12.64% | 27.79% |
| Debt/Equity | 0.58 | 0.47 |
| RoNW | 10.00% | 22.56% |
| PAT Margin | 9.74% | 9.99% |
| EBITDA Margin | 18.04% | 15.43% |
| NAV | ₹17.34 | ₹62.43 |
| Price to Book Value | 3.17x | 0.88x |
Sollfege Smart Electronics IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 3.52 | 2.10 |
| P/E (x) | 15.63 | 26.19 |
| Market Cap at Offer Price | ₹33.22 Cr | ₹55.00 Cr |
Objects of Sollfege Smart Electronics IPO
The company proposes to utilise the net proceeds from the IPO to expand its retail network, meet working capital requirements and support general corporate purposes. A significant portion of the funds will be used for opening new showrooms, while the remaining proceeds will strengthen the company’s working capital position and support its ongoing business requirements.
- Retail Network Expansion: ₹8.54 crore for launching 12 new showrooms.
- Working Capital: ₹9.67 crore for funding the company’s working capital requirements.
- General Corporate Expenses: ₹1.80 crore for general corporate purposes.
The total amount allocated towards the stated IPO objects is ₹20.02 crore. The utilisation of the proceeds will be subject to the terms and conditions disclosed in the company’s IPO offer documents.
Sollfege Smart Electronics IPO Listing Performance
| Particular | Details |
|---|---|
| Listing Date | 8 October 2026 |
| Listing Exchange | BSE SME |
| Issue Price | ₹55 |
| Listing Price | Yet to be Updated |
| Listing Gain/Loss | Yet to be Updated |
| Closing Price on Listing Day | Yet to be Updated |
Sollfege Smart Electronics IPO Subscription Status
The Sollfege Smart Electronics IPO will open for subscription on 30 September 2026 and close on 5 October 2026. The subscription status will be tracked across the eligible investor categories, including Non-Institutional Investors (NII) and Retail Individual Investors (RII). Live bidding and subscription figures will be updated once the IPO opens for subscription.
Investors can monitor the category-wise subscription data to understand the level of demand during the IPO bidding period. The final subscription figures will be available after the issue closes on 5 October 2026.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | Not Applicable |
| Non-Institutional Investors (NII) | To be updated |
| Retail Individual Investors (RII) | To be updated |
| Total Subscription | To be updated |
Sollfege Smart Electronics IPO GMP Today
The latest available source material does not provide a verified GMP figure for Sollfege Smart Electronics IPO. GMP is an unofficial and unregulated market indicator and can change before listing.
Sollfege Smart Electronics IPO GMP History
| Date | GMP | Kostak Rate | Subject to Sauda |
|---|---|---|---|
| 25 September 2026 | Yet to be Updated | Yet to be Updated | Yet to be Updated |
Sollfege Smart Electronics IPO Review
Sollfege Smart Electronics has reported an increase in total income from ₹12.74 crore in FY2023 to ₹21.28 crore in FY2025. PAT increased from ₹0.36 crore to ₹2.13 crore over the same period, while total assets increased from ₹10.09 crore to ₹24.83 crore.
The company is focused on premium audio-video, smart-home automation and lifestyle electronics, with an experience-centre-led approach and both B2C and B2B operations. The IPO proceeds are proposed to be used mainly for expanding the retail network and meeting working capital requirements. Investors should review the offer document, financial performance, valuation and associated risks before making an investment decision.
Sollfege Smart Electronics IPO Strengths
- Premium Product Focus: The company operates in premium audio, video, smart-home and lifestyle electronics.
- Experience-Centre Model: Customers can experience and evaluate products before purchasing.
- Multiple Sales Channels: The company operates through showrooms, experience centres and online channels.
- Brand Relationships: The company works with global brands, distributors, architects, designers and project partners.
- Retail Expansion: IPO proceeds include ₹8.54 crore for opening 12 new showrooms.
Sollfege Smart Electronics IPO Risk Factors
- Working Capital Requirement: ₹9.67 crore of the IPO proceeds is proposed for working capital requirements.
- Premium Segment Exposure: Demand for premium electronics can be affected by consumer spending patterns.
- Competition: The company operates in a competitive premium electronics and smart-home market.
- Retail Expansion: Successful expansion depends on the performance of new showrooms.
- Technology Changes: Rapid changes in consumer electronics and smart-home technology require continuous product and service updates.
- Borrowings: Total borrowings increased from ₹1.76 crore in FY2023 to ₹4.46 crore in FY2025.
Sollfege Smart Electronics IPO Promoters
The company promoter is Umesh Kumar Agarwal. The promoter and promoter group held 99.97% of the company before the IPO, with the holding expected to reduce to 60.38% after the issue.
| Promoter | Status |
|---|---|
| Umesh Kumar Agarwal | Promoter |
Sollfege Smart Electronics IPO Management Team
The supplied IPO source does not provide a complete management-team table with individual designations. Therefore, additional management names have not been added without verified source support.
| Particular | Details |
|---|---|
| Company Promoter | Umesh Kumar Agarwal |
| Management Team Details | Yet to be Updated |
Sollfege Smart Electronics IPO Registrar Details
KFin Technologies Limited is the registrar to the Sollfege Smart Electronics IPO.
| Particular | Details |
|---|---|
| Registrar Name | KFin Technologies Limited |
| Phone | 040-79615565 |
| [email protected] | |
| Website | ipostatus.kfintech.com |
Sollfege Smart Electronics IPO Lead Manager Details
Finshore Management Services Ltd. is the book-running lead manager of the Sollfege Smart Electronics IPO.
| Particular | Details |
|---|---|
| Lead Manager | Finshore Management Services Ltd. |
| Role | Book Running Lead Manager |
Sollfege Smart Electronics Company Contact Details
| Particular | Details |
|---|---|
| Company Name | Sollfege Smart Electronics Limited |
| Registered Office | Chandrakunj, 3 Pretoria Street, 3rd Floor, Unit No. B, Middleton Row, Kolkata, West Bengal – 700071 |
| Phone | 033 4602 0444 |
| [email protected] | |
| Website | https://sollfege.com/ |
How to Check Sollfege Smart Electronics IPO Allotment Status
Check on KFin Technologies
- Visit the KFin Technologies IPO allotment-status portal.
- Select Sollfege Smart Electronics IPO from the issue list.
- Enter your PAN, application number or DP/Client ID.
- Submit the details to view the allotment status.
Check on BSE
- Visit the BSE IPO application-status section.
- Select Sollfege Smart Electronics IPO.
- Enter your application number and PAN details.
- Submit the form to check the allotment status.
Conclusion
Sollfege Smart Electronics IPO is a fixed-price SME IPO of ₹21.78 crore comprising 39,60,000 fresh equity shares. The issue price is ₹55 per share and the lot size is 2,000 shares. The IPO is scheduled to open on 30 September 2026 and close on 5 October 2026, with a tentative BSE SME listing date of 8 October 2026.
The company operates in premium audio-video, smart-home automation and lifestyle electronics through experience centres, showrooms and online channels. Investors should review the IPO document, financial performance, valuation, proposed use of funds and risk factors before making an investment decision.
Sollfege Smart Electronics IPO FAQs
What is Sollfege Smart Electronics IPO?
Sollfege Smart Electronics IPO is a fixed-price SME IPO of Sollfege Smart Electronics Limited comprising 39,60,000 fresh equity shares.
What is the Sollfege Smart Electronics IPO price?
The fixed issue price is ₹55 per equity share.
What is the Sollfege Smart Electronics IPO lot size?
The IPO lot size is 2,000 shares. Retail investors need to apply for a minimum of 2 lots, or 4,000 shares.
What is the minimum investment in Sollfege Smart Electronics IPO?
The minimum retail investment is ₹2,20,000 for 4,000 shares at the issue price of ₹55.
When does Sollfege Smart Electronics IPO open and close?
The IPO opens on 30 September 2026 and closes on 5 October 2026.
What is the Sollfege Smart Electronics IPO GMP today?
A verified GMP figure is not available in the supplied source material. GMP is unofficial and can change before listing.
What is the Sollfege Smart Electronics IPO allotment date?
The tentative allotment date is 6 October 2026.
What is the Sollfege Smart Electronics IPO listing date?
The tentative listing date is 8 October 2026 on BSE SME.
Who is the registrar of Sollfege Smart Electronics IPO?
KFin Technologies Limited is the registrar of the Sollfege Smart Electronics IPO.
Who is the lead manager of Sollfege Smart Electronics IPO?
Finshore Management Services Ltd. is the book-running lead manager of the IPO.
