Sollfege Smart Electronics IPO Subscription Day 1: 1.06x 

Mumbai, September 30: Sollfege Smart Electronics IPO was subscribed 1.06 times on the first day of bidding on Wednesday, September 30, 2026. The issue received bids for 40,00,000 shares against 37,60,000 shares offered to the public. 

The QIB (Ex Anchor) portion received bids for 36,38,000 shares against just 2 shares offered, resulting in a subscription of 18,19,000 times. 

The NII category was subscribed 0.18 times, while the individual investors category was subscribed 0.01 times. 

The fixed-price IPO opened for subscription on September 30 and will close on October 5, 2026. 

Sollfege Smart Electronics IPO Subscription Status Day 1 

The QIB (Ex Anchor) category received bids for 36,38,000 shares against 2 shares offered, taking the subscription to 18,19,000 times. 

The NII category received bids for 3,34,000 shares against 18,79,998 shares offered, resulting in a subscription of 0.18 times. 

The individual investors category received bids for 28,000 shares against 18,80,000 shares offered, resulting in a subscription of 0.01 times. 

Overall, the IPO received bids for 40,00,000 shares against 37,60,000 shares offered. The total bid amount stood at ₹22 crore based on the issue price of ₹55 per share. 

The issue recorded 24 applications as of the Day 1 update. 

Sollfege Smart Electronics IPO Day-Wise Subscription Trend 

Date	QIB (Ex Anchor)	NII	Individual Investors	Total
Sep 30 (Day 1)	18,19,000.00x	0.18x	0.01x	1.06x

Sollfege Smart Electronics IPO Details 

Sollfege Smart Electronics IPO is a fixed-price issue of ₹21.78 crore comprising an entirely fresh issue of 39.60 lakh shares. 

The IPO has a fixed issue price of ₹55 per share. The lot size is 2,000 shares. 

Retail investors need to apply for a minimum of 2 lots, or 4,000 shares, requiring an investment of ₹2,20,000. 

For HNI investors, the minimum application is 3 lots, or 6,000 shares, requiring an investment of ₹3,30,000. 

The IPO opened on September 30 and will close on October 5, 2026. The shares are proposed to be listed on the BSE SME platform. 

Finshore Management Services Ltd. is the book-running lead manager, while KFin Technologies Ltd. is the registrar to the issue. MNM Stock Broking Pvt. Ltd. is the market maker. 

Sollfege Smart Electronics IPO Issue Size 

Particulars	Details
Total Issue Size	39,60,000 shares
Fresh Issue	37,60,000 shares
Market Maker Reservation	2,00,000 shares
Net Offered to Public	37,60,000 shares
Issue Size	₹21.78 crore
Face Value	₹10 per share
Issue Price	₹55 per share
Lot Size	2,000 shares
Issue Type	Fixed Price IPO
Sale Type	Fresh capital only
Listing	BSE SME

Sollfege Smart Electronics IPO Lot Size 

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereafter. 

Application	Lots	Shares	Amount
Individual Investors (Min)	2	4,000	₹2,20,000
Individual Investors (Max)	2	4,000	₹2,20,000
HNI (Min)	3	6,000	₹3,30,000

Sollfege Smart Electronics IPO Allotment and Listing Date 

The Sollfege Smart Electronics IPO will close on October 5, 2026. The tentative allotment is scheduled for October 6, followed by refund and credit of shares on October 7. 

The shares are tentatively scheduled to list on the BSE SME platform on October 8, 2026. 

Event	Date
IPO Open	September 30, 2026
IPO Close	October 5, 2026
Allotment	October 6, 2026
Refund	October 7, 2026
Credit of Shares	October 7, 2026
Listing	October 8, 2026

About Sollfege Smart Electronics Ltd. 

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 initially focused on distributing high-end audio and video equipment and has expanded into integrated technology solutions for high-end residential, commercial and institutional spaces. It offers a portfolio of premium technology solutions across audio solutions, video solutions and related smart-living applications. 

Conclusion 

Sollfege Smart Electronics IPO was subscribed 1.06 times on Day 1. The QIB (Ex Anchor) portion recorded 18,19,000 times subscription, while NII stood at 0.18 times and individual investors at 0.01 times. 

The IPO remains open for subscription and will close on October 5, 2026.

Source: 

• https://www.bseindia.com/markets/publicissues/displayipo?id=4875&type=FPO&idtype=1&status=L&IPONo=8029&startdt=30%2F09%2F2026fege