SOLLFEGE SMART ELECTRONICS IPO
SOLLFEGE SMART ELECTRONICS is a SME IPO with a current status of LISTED. The price band is 55. The issue opens on 30 SEP and closes on 05 OCT. The listing date is 08 OCT.
Price Band
55
Unofficial GMP
₹0
Lot Size
2,000 shares
Minimum Investment
₹₹2,20,000
SOLLFEGE SMART ELECTRONICS IPO GMP
The latest available GMP is ₹0. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹55.00
Estimated Gain
0.0%
SOLLFEGE SMART ELECTRONICS IPO GMP History
0
28 SEP
0
30 SEP
0
01 OCT
0
04 OCT
0
05 OCT
0
06 OCT
0
07 OCT
SOLLFEGE SMART ELECTRONICS IPO Details
- IPO Type
- SME
- Status
- LISTED
- Price Band
- 55
- Issue Size
- ₹21.78 Cr
- Issue Type
- Fixed Price Issue
- Fresh Issue
- ₹20.68 Cr
- Face Value
- 10
- Lot Size
- 2,000
- Minimum Investment
- ₹2,20,000
- Exchange
- BSE
- Registrar
- Kfin Technologies Ltd.
- Lead Managers
- Finshore Management Services Ltd.
- Market Maker
- ₹1.10 Cr
SOLLFEGE SMART ELECTRONICS IPO Dates
- Open Date
- 30 SEP
- Close Date
- 05 OCT
- Allotment Date
- 06 OCT
- Refund Date
- 07 OCT
- Demat Credit Date
- 07 OCT
- Listing Date
- 08 OCT
SOLLFEGE SMART ELECTRONICS IPO Subscription
- QIB
- --
- NII / HNI
- 2.13x
- Retail
- 1.85x
- Employee
- --
- Total Subscription
- 1.99x
SOLLFEGE SMART ELECTRONICS IPO Financials
Revenue
FY2026
₹22.21 Cr
+5.71% vs FY2025
PAT
FY2026
₹2.19 Cr
-30.03% vs FY2025
Total Assets
FY2026
₹30.37 Cr
+22.36% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 18.53 | 21.01 | 22.21 |
| Net Profit | 1.76 | 3.13 | 2.19 |
| Total Assets | 12.30 | 24.82 | 30.37 |
SOLLFEGE SMART ELECTRONICS IPO Valuation
- Market Cap (Post IPO)
- ₹55.00 Cr.
- EPS
- 3.63
- P/E Ratio
- 15.15
- Price to Book Value
- 2.86
- ROE
- 20.82%
- ROCE
- 23.57%
- RONW
- 18.86%
- Debt / Equity
- 0.60%
- PAT Margin
- 9.86%
- EBITDA Margin
- 18.02%
SOLLFEGE SMART ELECTRONICS IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹2,20,000 |
| Retail Maximum | 2 | 4,000 | ₹2,20,000 |
| Small HNI | 3 | 6,000 | ₹3,30,000 |
SOLLFEGE SMART ELECTRONICS IPO Reservation
- NII / HNI
- 50%
- Retail
- 50%
SOLLFEGE SMART ELECTRONICS Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 99.97%
- Post-IPO Promoter Holding
- 60.38%
SOLLFEGE SMART ELECTRONICS Company Overview
1. Sollfege Smart Electronics Limited operates in the premium audio, video, smart living, home automation, lifestyle and wellness solutions segment. 2. The company primarily operates as a distributor and retailer of premium electronic products rather than a manufacturer. 3. Its audio portfolio includes premium speakers, home theatre systems, soundbars and wireless speakers. 4. Its video portfolio includes projectors, televisions and video-wall systems. 5. Its smart-living portfolio includes home automation, smart locks, video door phones, CCTV, networking and security solutions. 6. The company also provides installation, integration and customer-support services related to its products. 7. Sollfege operates through experience centres and retail showrooms in markets including Kolkata, Gurgaon, Bhubaneswar and Guwahati. 8. The company also operates an online platform through which premium electronic products can be accessed by customers across India. 9. The company serves both retail consumers and commercial customers. 10. The business model focuses on premium products, product demonstrations, system integration and customer experience.
SOLLFEGE SMART ELECTRONICS Business Model
1. Core Business: Distribution and retailing of premium audio, video and smart-living electronic products. 2. Audio Solutions: Premium speakers, home theatre systems, soundbars and wireless audio products. 3. Video Solutions: Projectors, televisions and video-wall systems. 4. Smart Living: Home automation, smart locks, video door phones, CCTV, networking and security products. 5. Integration Services: The company provides installation and integration services for selected audio, video and automation solutions. 6. Customer Segments: Retail consumers as well as commercial and institutional customers. 7. Retail Network: The company operates experience centres/showrooms and plans to expand its retail network through 12 additional showrooms. 8. Brand Relationships: The company sources products from established global and domestic electronic brands. 9. Online Business: The company has an online platform to provide access to its premium product portfolio across India. 10. Geographic Expansion: The proposed new showrooms include locations across West Bengal, Assam and Haryana.
SOLLFEGE SMART ELECTRONICS Objects of the Issue
1. New Showrooms: ₹8.54 Cr for expansion of the retail network through 12 new showrooms. 2. Working Capital: ₹9.67 Cr to meet the company's working-capital requirements, primarily supporting inventory and the expanded retail network. 3. General Corporate Purposes: ₹1.80 Cr for general corporate purposes. 4. Issue Expenses: Approximately ₹1.76 Cr towards issue-related expenses. 5. Total Issue Size: ₹21.78 Cr through a fresh issue of 39,60,000 Equity Shares at ₹55 per share. 6. Expansion Plan: The 12 proposed showrooms include 10 locations in West Bengal, one in Assam and one in Haryana. 7. Planned Launch: The proposed new showroom rollout is scheduled during December 2026 to February 2027.
SOLLFEGE SMART ELECTRONICS Strengths
1. New Showrooms: ₹8.54 Cr for expansion of the retail network through 12 new showrooms. 2. Working Capital: ₹9.67 Cr to meet the company's working-capital requirements, primarily supporting inventory and the expanded retail network. 3. General Corporate Purposes: ₹1.80 Cr for general corporate purposes. 4. Issue Expenses: Approximately ₹1.76 Cr towards issue-related expenses. 5. Total Issue Size: ₹21.78 Cr through a fresh issue of 39,60,000 Equity Shares at ₹55 per share. 6. Expansion Plan: The 12 proposed showrooms include 10 locations in West Bengal, one in Assam and one in Haryana. 7. Planned Launch: The proposed new showroom rollout is scheduled during December 2026 to February 2027.
SOLLFEGE SMART ELECTRONICS Risks
1. Geographic Concentration: More than 90% of revenue is concentrated in West Bengal, creating significant regional dependence. 2. Supplier Dependence: The company is dependent on third-party suppliers for its electronic products. 3. Brand Concentration: A substantial portion of revenue is dependent on a limited number of key brands. 4. Customer Concentration: Dependence on certain major customers can affect revenue if purchasing patterns change. 5. Inventory Risk: The business is working-capital intensive and requires significant inventory of premium electronic products. 6. Working Capital Risk: Expansion of the showroom network may increase inventory and working-capital requirements. 7. Technology Risk: Rapid technological changes can make existing electronic products outdated and require frequent portfolio updates. 8. Competition: The company competes with organised retailers, online marketplaces, specialised electronics stores and other premium technology distributors. 9. Expansion Risk: Delays or cost overruns in establishing the proposed 12 new showrooms could affect the planned expansion. 10. Compliance History: The offer documents disclose instances of delayed statutory and regulatory filings. 11. Third-Party Dependence: The company does not manufacture its products and therefore depends on external brands and suppliers for product availability. 12. Demand Risk: Premium electronics are discretionary purchases and demand can be affected by changes in consumer spending and economic conditions.
SOLLFEGE SMART ELECTRONICS Frequently Asked Questions
What is the SOLLFEGE SMART ELECTRONICS IPO price band?
The SOLLFEGE SMART ELECTRONICS IPO price band is 55.
What is the latest SOLLFEGE SMART ELECTRONICS IPO GMP?
The latest available SOLLFEGE SMART ELECTRONICS IPO GMP in the IPOWEB database is ₹0. GMP is unofficial and does not guarantee a listing gain.
When does the SOLLFEGE SMART ELECTRONICS IPO open and close?
The SOLLFEGE SMART ELECTRONICS IPO opens on 30 SEP and closes on 05 OCT.
When is the SOLLFEGE SMART ELECTRONICS IPO allotment date?
The SOLLFEGE SMART ELECTRONICS IPO allotment date is 06 OCT.
When is the SOLLFEGE SMART ELECTRONICS IPO listing date?
The SOLLFEGE SMART ELECTRONICS IPO listing date is 08 OCT.
What is the SOLLFEGE SMART ELECTRONICS IPO subscription?
The latest total subscription available for the SOLLFEGE SMART ELECTRONICS IPO is 1.99x.