Fixed Price IPO | ₹22 Cr | Listing at BSE SME |
Sollfege Smart Electronics Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.40 crore equity shares worth ₹21.78 crores.
The equity shares are proposed to be listed on the BSE SME. Finshore Management Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Sollfege Smart Electronics IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 39,60,000 shares (agg. up to ₹22 Cr) |
| Reserved for Market Maker | 2,00,000 shares (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 37,60,000 shares (agg. up to ₹21 Cr) |
| Net Offered to Public | 37,60,000 shares (agg. up to ₹21 Cr) |
| Share Holding Pre Issue | 60,40,000 shares |
| Share Holding Post Issue | 1,00,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Apr 23, 2026 |
| SEBI/Exchange approval received | Fri, Jun 19, 2026 |
Sollfege Smart Electronics IPO comprises a total issue size of 39,60,000 shares. The net offer to the public is 37,60,000 shares, after excluding 2,00,000 shares allotted on a firm basis. Of the Net offer 18,80,000 (50.00%) allocated to NII 18,80,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 18,80,000 | 50.00% | 47.47% |
| Retail Shares Offered | 18,80,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,00,000 | 5.05% | |
| Total Shares Offered | 39,60,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4,000 | ₹2,20,000 |
| Individual investors (IND) (Max) | 2 | 4,000 | ₹2,20,000 |
| HNI (Min) | 3 | 6,000 | ₹3,30,000 |
Incorporated in 2012, Sollfege Smart Electronics Limited is engaged in the premium segment of audio, video, home automation, smart living, lifestyle electronics, and wellness solutions. The company is focused on delivering integrated and technology-driven solutions that combine high-quality products with design, convenience, and functionality. It operates through a combination of showrooms, experience centres, and an online platform, enabling customers to experience, evaluate, and purchase products across both residential and commercial use cases.
Over the years, Sollfege has evolved from a traditional audio-video distributor into a comprehensive solutions provider in the premium electronics space. Its offerings include home theatre systems, audio solutions, video solutions, smart home automation, lighting control, climate control, lifestyle electronics, and connected living solutions. The company caters to customers who seek refined, modern, and seamless living experiences, with a strong emphasis on product quality, user experience, and end-to-end service support.
Sollfege’s business model is designed around an experience-first approach. Its experience centres are created to reflect real living environments, allowing customers to interact with and test products before making a purchase decision. This approach is particularly relevant in the premium segment, where product demonstration, customization, and technical consultation play an important role in influencing buying behaviour. The company’s sales and technical teams work closely with customers to understand their requirements and provide tailored solutions that meet both functional and aesthetic expectations.
The company has also built strong relationships with globally recognized brands, national distributors, architects, interior designers, builders, and project partners. These relationships have helped Sollfege strengthen its market position and expand its presence in both retail and project-based segments. Through these partnerships, the company is able to offer reliable, high-quality products and execute complex integration projects across residential, commercial, and institutional spaces.
Sollfege operates across multiple geographies in India and has established its presence through showrooms in Kolkata, Gurgaon, and Bhubaneswar. It serves both B2C and B2B customers and participates in exhibitions, events, and digital marketing initiatives to strengthen brand visibility and customer engagement. The company continues to focus on expanding its presence in key markets while enhancing its product portfolio, service network, and digital reach.
With its premium positioning, customer-centric approach, and integrated solution offerings, Sollfege Smart Electronics Limited aims to further strengthen its presence in the premium audio-video and smart automation industry in India.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 31.71 | 24.83 | 12.30 | 10.09 |
| Total Income | 10.76 | 21.28 | 19.84 | 12.74 |
| Profit After Tax | 1.05 | 2.13 | 1.76 | 0.36 |
| EBITDA | 1.94 | 3.24 | 1.73 | 0.66 |
| NET Worth | 10.47 | 9.43 | 3.75 | 1.99 |
| Reserves and Surplus | 4.43 | 7.92 | 2.74 | 0.98 |
| Total Borrowing | 6.08 | 4.46 | 2.87 | 1.76 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Acetech E-Commerce Ltd. | SME | ₹48.95 Cr | ₹112 | 19.56 | ₹117.60 | +5.00% | ₹126.00 (+5.00%) |
| Meesho Ltd. | Mainboard | ₹5,421.20 Cr | ₹111 | -11.63 | ₹170.09 | +53.23% | ₹187.87 (+1.65%) |
| Urban Co.Ltd. | Mainboard | ₹1,900.00 Cr | ₹103 | 59.71 | ₹166.83 | +61.97% | ₹130.35 (-1.96%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure for expansion of our Retail Network by launching 12 new Showrooms | 8.54 |
| 2 | Working Capital Requirements | 9.67 |
| 3 | General Corporate Expenses | 1.80 |
| Total | 20.02 |
| KPI | Sep 30, 2025 | Mar 31, 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% |
| Price to Book Value | 3.17 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.97% | 60.38% |
Lead Manager Reports
Sollfege Smart Electronics IPO is a SME IPO of 39,60,000 equity shares of the face value of ₹10 aggregating up to ₹22 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The Sollfege Smart Electronics IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Sollfege Smart Electronics IPO using UPI as a payment gateway. Zerodha customers can apply in Sollfege Smart Electronics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sollfege Smart Electronics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sollfege Smart Electronics IPO dates are not announced. Please check back again after some time.
Sollfege Smart Electronics IPO lot size is 2000, and the minimum amount required for application is ₹2,20,000, with 2 lots being the minimum application size.
You can apply in Sollfege Smart Electronics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sollfege Smart Electronics IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sollfege Smart Electronics IPO allotment status.
The Sollfege Smart Electronics IPO listing date is not yet announced. The tentative date of listing is .
