Sollfege Smart Electronics IPO

Incorporated in 2012, Sollfege Smart Electronics Limited operates in premium audio-video, home automation, smart living, lifestyle electronics and wellness solutions. The company provides integrated technology-driven solutions across residential and commercial applications, including home theatres, audio and video systems, lighting and climate control, and connected living solutions. Sollfege follows an experience-led business model through showrooms and experience centres in Kolkata, Gurgaon and Bhubaneswar, supported by an online platform. It serves B2C and B2B customers and has relationships with global brands, distributors, architects, interior designers, builders and project partners. The company focuses on premium product offerings, customised solutions, technical consultation and end-to-end customer support.

Sollfege Smart Electronics Limited IPO Overview

Sollfege Smart Electronics Limited IPO is a fixed-price issue opening for subscription on 30 September 2026 and closing on 5 October 2026. The IPO comprises 39,60,000 shares aggregating up to ₹21.78 crore and is entirely a fresh issue. The issue price is fixed at ₹55 per share, with a lot size of 2,000 shares. Retail investors need to apply for a minimum of two lots, representing 4,000 shares and an investment of ₹2,20,000. HNI investors need to apply for at least three lots, or 6,000 shares, amounting to ₹3,30,000. The allotment is expected on 6 October 2026, followed by refunds and demat credit on 7 October 2026. The shares are proposed to be listed on the BSE SME platform on 8 October 2026. Finshore Management Services Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is the registrar.

Sollfege Smart Electronics Limited IPO Details

Particulars	Details
IPO Date	30 September 2026 to 5 October 2026
Listing Date	8 October 2026
Face Value	₹10 per share
Issue Price	₹55 per share
Lot Size	2,000 Shares
Total Issue Size	39,60,000 shares (aggregating up to ₹21.78 Cr)
Fresh Issue	39,60,000 shares (aggregating up to ₹21.78 Cr)
Offer for Sale	NA
Issue Type	Fixed Price IPO
Listing At	BSE SME
Share Holding Pre Issue	60,40,000 shares
Share Holding Post Issue	1,00,00,000 shares
Market Maker Portion	2,00,000 shares

Sollfege Smart Electronics Limited IPO Reservation

Investor Category	Shares Offered
NII (HNI)	18,80,000 shares (50.00% of Net Issue)
Retail	18,80,000 shares (50.00% of Net Issue)
Market Maker	2,00,000 shares (5.05% of Total Issue)
Total	39,60,000 shares

Sollfege Smart Electronics Limited IPO Lot Size

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

Sollfege Smart Electronics Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	99.97%
Post-Issue	60.38%

Sollfege Smart Electronics Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹3.52
Price/Earnings (P/E) Ratio	15.63x
Return on Net Worth (RoNW)	10.00%
Net Asset Value (NAV)	₹17.34
Return on Equity	10.53%
Return on Capital Employed (ROCE)	12.64%
EBITDA Margin	18.04%
PAT Margin	9.74%
Debt to Equity Ratio	0.58

Objectives of the Proceeds

Capital expenditure of ₹8.54 crore will fund expansion of the retail network through the launch of 12 new showrooms.
Working capital requirements of ₹9.67 crore will support inventory, operations and the company’s growing business requirements.
General corporate expenses of ₹1.80 crore will support routine business activities and other corporate purposes.

Key Financials (in ₹ crore)

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	24.83	24.83	12.30
Revenue	21.28	21.28	19.84
Profit After Tax	2.13	2.13	1.76
Reserves and Surplus	7.92	7.92	2.74
Total Borrowings	4.46	4.46	2.87