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Sollfege Smart Electronics IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Open

BSE SME

PRICE BAND

Rs 55 - 55

LOT SIZE

4,000

Shares

MIN INVEST

Rs 2.2L

CUT-OFF

Rs 55

per share

Open

30 Sept 2026

Last Day

05 Oct 2026

Allotment

06 Oct 2026

Expected Refund

07 Oct 2026

Listing

08 Oct 2026

GMP Today

27m ago

0%

Rs 0 premium

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Est. Listing Price

GMP Based

Rs 55

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 0

+0.0% (4000 shares)

Subscription

1.86x

Day 2 - Live

Live Subscription Tracker

Real-time subscription data

Waiting for first subscription update…

Current IPO Status: open

Summarize with AI

Get a quick Sollfege Smart Electronics summary (150-200 words) from your favorite AI:

About Sollfege Smart Electronics

Consumer Electronics & Smart Living

Incorporated in 2012, Sollfege operates across audio solutions, video solutions and smart living solutions. Its portfolio includes premium speakers, home theatre systems, soundbars, projectors, displays, home automation, networking, security and surveillance systems, lighting and climate control solutions, smart locks and related products. The company follows an asset-light model and works with brands including Bose, Yamaha, Panasonic, Lutron, Sonos, Devialet, Focal, Epson and LG. It currently operates showrooms in Kolkata, Gurgaon and Bhubaneswar and plans to expand its retail network by launching 12 new showrooms.

IPO_DETAILS_LONG: Sollfege Smart Electronics IPO is a BSE SME fixed-price issue of 39,60,000 equity shares of face value ₹10 each at ₹55 per share. The total issue size is ₹21.78 Cr and the issue is entirely a fresh issue with no OFS. The IPO opens on September 30, 2026 and closes on October 5, 2026. Allotment is scheduled for October 6, refund and share credit for October 7, and listing on October 8, 2026. The issue includes 2,00,000 shares reserved for the market maker. Retail investors are required to apply for a minimum of 2 lots, or 4,000 shares, amounting to ₹2.20 lakh. The company proposes to use the proceeds for 12 new showrooms, working capital, general corporate expenses and issue expenses.

Issue Details

Total Issue Size

Rs 22 Cr

Issue Size for Retail

Rs 10.89 Cr

Fresh Issue vs OFS

Fresh Issue
Rs 21.78 Cr (100%)

Reservation Quota

QIB

0%

Retail

50%

NII

50%

Lead Manager

Finshore Management Services Limited

Registrar

KFin Technologies Limited

Objects of the Issue (as per DRHP)

  • 1Funding Capital Expenditure for expansion of retail network by launching 12 new showrooms - 8.54 Cr
  • 2Working Capital Requirements - 9.67 Cr
  • 3General Corporate Expenses - 1.80 Cr
  • 4Issue Expenses - 1.76 Cr

Key Performance Indicator (KPI)

KPIMar 31, 2025Mar 31, 2026
ROE22.51%20.82%
ROCE27.79%23.57%
Debt/Equity0.470.60
RoNW22.51%18.86%
PAT Margin10.09%9.86%
EBITDA Margin15.42%18.02%
Price to Book Value2.86
Pre IPOPost IPO
EPS (Rs)3.632.19
P/E (x)15.1525.11
Promoter Holding99.97%60.38%
Market CapRs 55.00 Cr.

Umesh Kumar Agarwal

Sollfege Smart Electronics Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY23FY24FY25FY26
Total Income12.6219.8421.2822.22
Net Profit (PAT)0.361.762.132.19
EBITDA0.661.733.244
Borrowings1.752.864.466.98
ROE18.09%46.67%22.51%20.82%
ROCE23.33%54.65%27.79%23.57%
Debt/Equity0.880.760.470.6
Assets10.0912.324.2830.37

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

0
50
100
50
NA

Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

Expert reviews for Sollfege Smart Electronics IPO will appear here once available.

Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.

Company Contact Details

Chandrakunj, 3 Pretoria Street, 3rd Floor, Unit No. B, Middleton Row, Kolkata, West Bengal - 700071

Green Flags

  • Revenue increased from ₹12.62 Cr in FY23 to ₹22.22 Cr in FY26.
  • EBITDA increased from ₹0.66 Cr in FY23 to ₹4.00 Cr in FY26.
  • FY26 EBITDA margin improved to 18.02%.
  • FY26 ROCE stood at 23.57%.
  • Debt/equity remained below 1x at 0.60x in FY26.
  • Established relationships with premium global and domestic electronics brands.
  • Planned expansion includes 12 new showrooms.

Red Flags

  • Revenue growth has been relatively modest, increasing from ₹21.28 Cr in FY25 to ₹22.22 Cr in FY26.
  • More than 90% of revenue is concentrated in West Bengal.
  • The company depends on third-party suppliers for its products.
  • Revenue has significant dependence on leading brands and customers.
  • The business is working-capital intensive and carries inventory risk.
  • Post-issue P/E is 25.11x based on FY26 earnings.
  • The company is raising ₹21.78 Cr despite having only ₹11.62 Cr of FY26 net worth.
  • === END ===

Frequently Asked Questions

What is the price band of Sollfege Smart Electronics IPO?

The price band is Rs 55-55 per share. One lot contains 4000 shares; its value at the upper price is Rs 2,20,000. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for Sollfege Smart Electronics IPO?

The scheduled bidding period is 30 Sept 2026 to 5 Oct 2026.

When is Sollfege Smart Electronics IPO scheduled to list?

The scheduled listing date is 8 Oct 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

Who is the registrar for Sollfege Smart Electronics IPO?

KFin Technologies Limited is the registrar. See the allotment page for the available schedule and official checking link.

Who manages Sollfege Smart Electronics IPO?

Lead manager information recorded for this issue: Finshore Management Services Limited.

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

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