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.