Sollfege Smart Electronics IPO Subscription Status Day 2: Issue Subscribed 1.86 Times

Authored By HDFC SKY | Last Modified: Oct 1, 2026 05:47 PM IST

Sollfege Smart Electronics IPO Day 2 subscription status reached 1.86 times, with NII at 2.12x and individual investors at 1.59x as of October 1, 2026.

Sollfege Smart Electronics IPO Subscription Status Day 2

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Mumbai, October 01: Sollfege Smart Electronics IPO remained open for subscription on its second day on October 1, 2026. The fixed-price issue opened on September 30 and is scheduled to close on October 5. The IPO comprises a fresh issue of 39.60 lakh shares aggregating up to ₹21.78 crore. The issue price is fixed at ₹55 per share. The lot size is 2,000 shares, with individual investors required to apply for a minimum of two lots, or 4,000 shares. At the issue price, the minimum investment is ₹2.20 lakh.

Sollfege Smart Electronics IPO Day 2 Subscription Status

As of 5:07 PM on October 1, 2026, the Sollfege Smart Electronics IPO was subscribed 1.86 times overall. The NII category was subscribed 2.12 times, while individual investors subscribed 1.59 times.

Subscription Category	Shares Offered	Shares Bid For	Subscription
NII/HNI	18,80,000	39,80,000	2.12x
Retail/Individual Investors	18,80,000	29,96,000	1.59x
Total	37,60,000	69,76,000	1.86x

The cumulative subscription data is based on figures available as of 5:07 PM on October 1, 2026. The total subscription calculation excludes the market maker portion.

Sollfege Smart Electronics Day-wise Subscription Summary

The IPO was subscribed 1.06 times on Day 1. By Day 2, the overall subscription had increased to 1.86 times, with both the NII and individual investor categories receiving bids above their respective offered shares.

Date	NII	Retail/Individual Investors	Total
September 30, 2026 (Day 1)	2.11x	0.01x	1.06x
October 1, 2026 (Day 2)	2.12x	1.59x	1.86x

Sollfege Smart Electronics IPO Timeline

IPO Milestone	Date
Issue Open Date	September 30, 2026
Issue Close Date	October 5, 2026
Basis of Allotment Date	October 6, 2026
Initiation of Refunds	October 7, 2026
Credit of Shares	October 7, 2026
Listing Date	October 8, 2026

Brief Overview Of The Sollfege Smart Electronics IPO

Sollfege Smart Electronics IPO is a ₹21.78 crore fixed-price issue comprising a fresh issue of 39.60 lakh shares. The IPO opened for subscription on September 30, 2026, and will close on October 5, 2026. The issue price is fixed at ₹55 per share, with a lot size of 2,000 shares. Individual investors are required to apply for a minimum of two lots, or 4,000 shares, amounting to ₹2.20 lakh at the issue price. The minimum HNI application starts at three lots, or 6,000 shares, requiring an investment of ₹3.30 lakh. The IPO is scheduled to list on the BSE SME platform, with the tentative listing date set for October 8, 2026. 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.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4875&type=FPO&idtype=1&status=L&IPONo=8029&startdt=30%2F09%2F2026

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