Sollfege Smart Electronics IPO: dates, price band, lot size and GMP
Sollfege Smart Electronics IPO closed on 5 Oct on the SME; price band ₹55, lot 2,000 shares, no GMP reported yet. Allotment 6 Oct, listing 8 Oct.
Updated 6 Oct 2026, 14:03 IST. Dated dealer references.
BuyUnlistedShares tracks 197 IPOs on its calendar; the Sollfege Smart Electronics IPO has a price band of ₹55, a lot of 2,000 shares and no grey-market premium reported yet as of 06 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 30 Sep – 5 Oct 2026 |
| Price band | ₹55 |
| Lot size | 2,000 shares |
| Issue size | ₹21.78 Cr |
| Fresh issue | ₹20.68 Cr |
| Subscription | 2.14x |
| Registrar | Kfin Technologies Ltd. |
| Lead managers | Finshore Management Services Ltd. |
| Status | Closed, listing awaited |
Timeline
- Issue opens: 30 Sep
- Issue closes: 5 Oct
- Allotment: 6 Oct
- Refunds: 7 Oct
- Demat credit: 7 Oct
- Listing: 8 Oct
Live subscription
| Category | Subscribed |
|---|---|
| NII | 2.28x |
| Retail | 2x |
| Total | 2.14x |
Last updated 5 Oct 2026, 5:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Fixed Price Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹55 Cr |
| P/E (pre-issue) | 15.15x |
| P/E (post-issue) | 25.11x |
| Fresh issue (shares) | 37,60,000 |
| Total shares offered | 37,60,000 |
| Promoter holding pre-issue | 99.97% |
| Promoter holding post-issue | 60.38% |
| Promoters | Umesh Kumar Agarwal |
| Lead managers | Finshore Management Services Ltd. |
| Registrar phone | 040-79615565 |
| Registrar email | einward.ris@kfintech.com |
| Company website | sollfege.com |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 2,000 | ₹2,20,000 |
| Retail (maximum) | 2 | 4,000 | ₹2,20,000 |
| sNII (minimum) | 3 | 6,000 | ₹2,20,000 |
| bNII (minimum) | 3 | 6,000 | ₹11,00,000 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| NII (HNI) | 50% | 18,80,000 | |
| Retail | 50% | 18,80,000 | |
| Market Maker | 5.3% | 2,00,000 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 30 Sep | — | 0.18x | — | — | 0.01x | 1.06x |
| Day 2 · 1 Oct | — | 2.12x | — | — | 1.59x | 1.86x |
| Day 3 · 5 Oct | — | 2.28x | — | — | 2.00x | 2.14x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹3.63 |
|---|---|
| EPS (post-issue) | ₹2.19 |
| P/E (pre-issue) | 15.15x |
| P/E (post-issue) | 25.11x |
| RoNW | 18.86% |
| RoCE | 23.57% |
| RoE | 20.82% |
| PAT margin | 9.86% |
| EBITDA margin | 18.02% |
| Price / book | 2.86x |
| NAV per share | ₹19.24 |
| Debt / equity | 0.6 |
| Market cap (upper band) | ₹55 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 30.37 | 24.83 | 12.3 | +22.3% |
| Total Income | 22.22 | 21.28 | 19.84 | +4.4% |
| Profit After Tax | 2.19 | 2.13 | 1.76 | +2.8% |
| EBITDA | 4 | 3.24 | 1.73 | +23.5% |
| NET Worth | 11.62 | 9.43 | 3.75 | +23.2% |
| Reserves and Surplus | 5.58 | 7.92 | 2.74 | −29.5% |
| Total Borrowing | 6.98 | 4.46 | 2.87 | +56.5% |
About Sollfege Smart Electronics
Sollfege Smart Electronics Limited operates in the premium electronics and smart living segment, offering audio-visual, home automation, lifestyle, and wellness solutions. The Company focuses on delivering technology-driven products and integrated solutions that enhance convenience, comfort, and modern living experiences for residential and commercial customers.
The Company has evolved from a traditional audio-video distributor into a provider of end-to-end premium electronics and automation solutions. Its offerings include home theatre systems, audio and video solutions, smart home automation, intelligent lighting and climate control, lifestyle electronics, and connected living technologies.
Sollfege follows an experience-led business model through showrooms, experience centres, and digital channels. Its experience centres are designed to simulate real-life environments, allowing customers to explore, test, and evaluate products before purchase. The Company’s sales and technical teams work closely with customers, architects, interior designers, and project stakeholders to deliver customized solutions that meet functional and aesthetic requirements.
The Company has developed strong relationships with leading global brands, national distributors, builders, and project partners, enabling it to offer premium products and execute integrated technology projects across residential, commercial, hospitality, and institutional sectors.
With showrooms in Kolkata, Gurgaon, and Bhubaneswar, Sollfege serves both retail and business customers across India. The Company continues to expand its market presence through exhibitions, digital marketing initiatives, strategic partnerships, and an enhanced product portfolio.
Objects of the issue
- Funding Capital Expenditure for expansion of our Retail Network by launching 12 new Showrooms — ₹8.54 Cr
- Working Capital Requirements — ₹9.67 Cr
- General Corporate Expenses — ₹1.8 Cr
- Issue Expenses — ₹1.76 Cr
Net proceeds: ₹21.78 Cr
Risk factors (as disclosed by the company)
- Substantial portion of our revenues has been dependent upon few customers — Substantial portion of the Company’s revenues has been dependent upon a few customers.
- Our Company is dependent on external suppliers for its product requirements — We do not manufacture any of the products we sell.
- The products traded by us are generally positioned in the premium price segment and the demand for such products may be relatively limited — The Company primarily deals in premium consumer electronics, audio-visual products and smart home solutions sourced from third-party brands, which are typically priced higher than mass-market…
- We operate in a competitive industry and our market share may be adversely impacted in case we do not keep ourselves appraised of the latest consumer trends… — We operate in a competitive industry which is characterized by rapid shifts in consumer trends and technology and our market share may be adversely impacted at any time by the significant number of…
- We face competition from substitutes of our products and if consumers' preferences for any of these substitutes increases it could lead to a reduction… — Our business primarily involves the trading and retailing of premium consumer electronics, audio-visual (AV) products and smart home solutions sourced from third-party brands.
- Our business is highly dependent on the brand owners effectively maintaining — Many factors are important for maintaining, developing and enhancing the brands, including by increasing brand awareness through brand building initiatives and ensuring customer satisfaction by…
- Our Company had negative cash flow in recent fiscals, details of which are given below — The detailed break up of cash flows is summarized in below mentioned table and our Company has reported negative cash flow in certain financial years including the period ended October 31, 2025:…
- There has been an instance of non-compliance due to the delayed holding of the Annual General Meeting for the financial year 2018–19 — Our company had a overseas wholly owned subsidiary company by the name Denn Global Limited, Hong Kong and was therefore required to prepare consolidated financial statements in addition to its…
From the RHP (risk factors pages 18–26). Headings shortened; the wording is the company’s. Not a recommendation.
Offer documents: DRHP (PDF)
Track this issue
- Sollfege Smart Electronics IPO GMP today and trend
- Sollfege Smart Electronics IPO subscription status, day by day
- Sollfege Smart Electronics IPO allotment status and how to check
Frequently asked questions
When does the Sollfege Smart Electronics IPO open and close?
The issue is scheduled for 30 Sep – 5 Oct 2026.
What is the Sollfege Smart Electronics IPO price band?
The price band is ₹55 per share with a lot size of 2,000 shares.
How big is the Sollfege Smart Electronics IPO?
The total issue size is ₹21.78 Cr.
When will Sollfege Smart Electronics list?
The tentative listing date is 8 Oct on the SME platform.
How do I apply for the Sollfege Smart Electronics IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Sollfege Smart Electronics · as filed with SEBI · bsesme.com
- Registrar allotment page, Kfin Technologies Ltd. · allotment 6 Oct · ipostatus.kfintech.com
- BSE SME issues page · listing 8 Oct · bsesme.com
- Sollfege Smart Electronics company website · sollfege.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 6 Oct, 08:01 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Sollfege Smart Electronics IPO”, https://buyunlistedshares.com/ipo/sollfege-smart-electronics-ipo, as of 06 Oct 2026.
Other IPOs on the calendar
- Paramount Syntex IPO · 30 Sep – 6 Oct 2026
- TNA Solutions IPO · 30 Sep – 6 Oct 2026
- Acme India Industries IPO · 30 Sep – 6 Oct 2026
- R.K.Fashion Accessories IPO · 5 – 7 Oct 2026
- Jio Platforms IPO · 21 – 23 Oct 2026
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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