Sollfege Smart Electronics Limited

SMElistedBSE SME

30 Sep 2026 – 05 Oct 2026

LISTED

Offer Price

₹55

Bid lot

2000

Min Application

₹2,20,000

Issue Size

₹22 Cr

Key dates

Open date

30 Sep 2026

Done

Close date

05 Oct 2026

Done

Basis of allotment

06 Oct 2026

Done

Initiation of refunds

06 Oct 2026

Done

Credit to demat

06 Oct 2026

Done

Listing date

08 Oct 2026

Done

Issue reservation

₹22 Cr

HNI (2-10L) 47.47%Retail 47.47%OTHER 94.95%5.05%

HNI (2-10L)

18.8 L sh · ₹10.44 Cr

47.47%

Retail

18.8 L sh · ₹10.44 Cr

47.47%

OTHER

37.6 L sh · ₹20.89 Cr

94.95%

Market maker

2.0 L sh · ₹1.10 Cr

5.05%

Applications required for 1× subscription

Retail (≤₹2L)

470 forms

S-HNI (₹2–10L)

313 forms

From this issue's reservation split and lot size — the minimum bid each category can place.

BRLM: Finshore Management Services Limited

Lot ladder — how much to bid

1 lot = 2000 shares

Individual · up to ₹2 L2+ lots

Min · 2 lots

4,000 sh · ₹2,20,000

Entry point

₹2,20,000 onward

sHNI · ₹2 L to ₹10 L3+ lots

Min · 3 lots

6,000 sh · ₹3,30,000

Entry point

₹3,30,000 onward

bHNI · Above ₹10 L10+ lots

Min · 10 lots

20,000 sh · ₹11,00,000

Entry point

₹11,00,000 onward

Issue details

Lead managersFinshore Management Services Limited

Fresh issue39,60,000 sh · ₹22 Cr

Face value₹10

Listing onBSE SME

RegistrarKfin Technologies Ltd.

Grey-market sentiment

No grey-market data yet.

Financials

Particulars	FY26	FY25	FY24
Assets	30.37	24.83	12.3
Total Income	22.22	21.28	19.84
PAT	2.19	2.13	1.76
Net Worth	11.62	9.43	3.75
Reserves & Surplus	5.58	7.92	2.74
Total Borrowings	6.98	4.46	2.87

Objects of the issue

Retail Expansion: 12 new showrooms – ₹8.54 Cr
Working Capital: Operational requirements – ₹9.67 Cr
Corporate Expenses: General corporate purposes – ₹1.80 Cr
Issue Expenses: Public offering costs – ₹1.76 Cr

About the company

Incorporated in November 2012, Sollfege Smart Electronics Limited is engaged in the distribution, integration and implementation of premium audio-video, home automation, smart living, lifestyle and wellness solutions in India.

The Company started with high-end audio and video equipment and has expanded into integrated technology solutions for residential, commercial and institutional spaces. Its offerings include premium speakers, home theatres, displays, projectors, smart home automation, lighting and climate control, security systems, networking and smart door locks.

Sollfege follows an asset-light, non-manufacturing business model, focusing on distribution, system integration, installation and after-sales services. It operates showrooms and Experience Centres in Kolkata, Gurgaon and Bhubaneswar and partners with global brands such as Bose, Yamaha, Panasonic, Lutron, Sonos, Devialet, Focal, Epson and LG.

Revenue from operations increased from ₹18.53 crore in FY2024 to ₹22.21 crore in FY2026. As of August 2026, the Company had 32 employees

Company strengths

Global OEM brand partnerships
Skilled technical & integration team
End-to-end project solutions
Smart home & automation expertise
Experience-led sales model
Strong after-sales support

Promoters

Umesh Kumar Agarwal

Registered office & contact

Sollfege Smart Electronics Limited

Address - Chandrakunj, 3 Pretoria Street

3rd Floor, Unit No. B

Middleton Row

Kolkata, West Bengal, 700071

📞 033 4602 0444

✉️ cs@sollfege.com

How to apply

1Create your account & log inSign up on Investoyard and complete a quick KYC.

2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.

3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.

4Approve the UPI mandateYou receive a fund-block request on your UPI app.

5DoneFunds stay blocked until allotment, then auto-debited (or released).

Frequently asked questions

What is the minimum investment in the SOLLFEGE SMART ELECTRONICS LIMITED IPO?

One lot of 2000 shares — ₹2,20,000 at the upper price band of ₹55.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-10-08 on BSE SME.

₹55

Applications are closed.