Sollfege Smart Electronics IPO 2026: GMP Today, Subscription Status, Price, Business and Financial Details
Sollfege Smart Electronics IPO is a ₹21.78 crore fixed-price SME issue that opened on Sept...
Read ArticleSollfege Smart Electronics IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 29 September 2026 | IPO Close Date | 4 October 2026 |
|---|---|---|---|
| Basis of Allotment | 5 October 2026 | Listing Date | 7 October 2026 |
| Price Band | ₹21.78 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,20,000 |
| Total Issue Size | ₹21.78 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹21.78 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | Kfin Technologies Ltd. | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 29 September 2026 | Confirmed |
| IPO Close Date | 4 October 2026 | Confirmed |
| Basis of Allotment | 5 October 2026 | Tentative |
| Initiation of Refunds | 7 October 2026 | Tentative |
| Credit of Shares to Demat | 7 October 2026 | Tentative |
| IPO Listing Date | 7 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5 October 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,20,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,20,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹3,30,000 |
| S-HNI (Max) | 9 Lots | 18,000 Shares | ₹9,90,000 |
| B-HNI (Min) | 10 Lots | 20,000 Shares | ₹11,00,000 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 8 Oct 2026 | ₹10 | ₹65.00 | +18.18% |
| 7 Oct 2026 | ₹0 | ₹55.00 | 0.00% |
| 6 Oct 2026 | ₹0 | ₹55.00 | 0.00% |
| 5 Oct 2026 | ₹0 | ₹55.00 | 0.00% |
| 1 Oct 2026 | ₹0 | ₹55.00 | +0.00% |
| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 12.30 Cr. | 19.84 Cr. | 17.23 Cr. | 1.76 Cr. |
| 2025 | 24.83 Cr. | 21.28 Cr. | 18.41 Cr. | 2.13 Cr. |
| 2026 | 30.37 Cr. | 22.22 Cr. | 19.25 Cr. | 2.19 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Sollfege Smart Electronics operates as a distributor and retailer of premium electronic products, trading across three core business segments: audio solutions, video solutions, and smart living solutions. The company generates the majority of its revenue from trading activities by sourcing high-end consumer electronics from third-party global and domestic suppliers and selling them through retail showrooms and experience centres. Its audio portfolio includes high-end speakers, home theatre systems, soundbars, and wireless speakers. The video segment offers premium projectors, televisions, and video wall systems. The smart living segment encompasses home automation systems, lifestyle and wellness equipment, as well as networking, security, and surveillance products such as smart locks, video door phones, and closed-circuit television systems. Additionally, the business provides customer support and ancillary services related to product installation and system integration. The company caters to both retail consumers and commercial clients seeking premium tech offerings.
The Sollfege Smart Electronics IPO reservation is divided equally between Non-Institutional Investors (NII) and Retail Investors. Each category is allocated 18,80,000 shares, representing 50% of the shares offered.
| Investor Category | Share Offered | % Shares |
|---|---|---|
| NII Shares Offered | 18,80,000 Shares | 50% |
| Retail Shares Offered | 18,80,000 Shares | 50% |
Note: The reservation details above are based on the information provided for the Sollfege Smart Electronics IPO.
The Sollfege Smart Electronics IPO will open for subscription on September 30, 2026, and close on October 5, 2026. The IPO allotment is scheduled for October 6, followed by refunds and credit of shares to eligible demat accounts on October 7. The shares are scheduled to be listed on October 8, 2026.
| Particular | Date |
|---|---|
| IPO Open Date | September 30, 2026 |
| IPO Close Date | October 5, 2026 |
| Basis of Allotment | October 6, 2026 |
| Refunds | October 7, 2026 |
| Credit to Demat Account | October 7, 2026 |
| IPO Listing Date | October 8, 2026 |
Note: The above Sollfege Smart Electronics IPO dates are based on the information provided for the issue.
| Particular | Dates |
|---|---|
| IPO Open Date | 30 Sept 2026 |
| IPO Close Date | 05 Oct 2026 |
| Basis of Allotment | 06 Oct 2026 |
| Refunds | 07 Oct 2026 |
| Credit to Demat Account | 07 Oct 2026 |
| IPO Listing Date | 08 Oct 2026 |
Note: The timeline for सॉल्फेज स्मार्ट इलेक्ट्रॉनिक्स IPO is tentative and subject to change.
Sollfege Smart Electronics proposes to utilise the IPO proceeds primarily for expanding its retail network, meeting working capital requirements, and supporting general corporate expenses. A significant portion of the funds is earmarked for launching 12 new showrooms as part of the company's retail expansion plans.
| Purpose | Crores |
|---|---|
| Funding Capital Expenditure for expansion of our Retail Network by launching 12 new Showrooms | ₹8.54 |
| Working Capital Requirements | ₹9.67 |
| General Corporate Expenses | ₹1.80 |
Note: The utilisation details above are based on the information provided for the Sollfege Smart Electronics IPO.
| Purpose | Crores |
|---|---|
| Capital expenditure for launching 12 new retail showrooms | 8.54 (39.21%) |
| Working Capital Requirement | 9.67 (44.40%) |
| General Corporate Purposes | 1.8 (8.26%) |
| Issue-related expenses | 1.76 (8.13%) |
Note: Objectives are as specified in the DRHP/RHP documents of सॉल्फेज स्मार्ट इलेक्ट्रॉनिक्स.
The Sollfege Smart Electronics financials provide an overview of the company's revenue, expenses, profit after tax (PAT), and total assets for the reported financial periods. The figures show gradual growth in revenue and profitability, along with an increase in the company's asset base through 2026.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹19.84 | ₹17.23 | ₹1.76 | ₹12.30 |
| 2025 | ₹21.28 | ₹18.41 | ₹2.13 | ₹24.83 |
| 2026 | ₹22.22 | ₹19.25 | ₹2.19 | ₹30.37 |
Note: All amounts are presented in ₹ Crores based on the financial figures provided for Sollfege Smart Electronics.
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 19.84 Cr. | 17.23 Cr. | 1.76 Cr. | 12.30 Cr. |
| 2025 | 21.28 Cr. | 18.41 Cr. | 2.13 Cr. | 24.83 Cr. |
| 2026 | 22.22 Cr. | 19.25 Cr. | 2.19 Cr. | 30.37 Cr. |
Note: Financial numbers for सॉल्फेज स्मार्ट इलेक्ट्रॉनिक्स are in ₹ Crores unless stated otherwise.
| KPI | Values |
|---|---|
| ROE | 18.86% |
| ROCE | 23.57% |
| EBITDA Margin | 18.02% |
| PAT Margin | 9.86% |
| Debt to Equity Ratio | 0.60 |
| Earning Per Share (EPS) | 3.63 (Basic) |
| Price/Earning P/E Ratio | 15.16 |
| Return on Net Worth (RoNW) | 18.86% |
| Net Asset Value (NAV) | 19.24 |
Note: Valuation KPIs for सॉल्फेज स्मार्ट इलेक्ट्रॉनिक्स are computed for FY2026.
To Be Updated Soon
Sollfege Smart Electronics IPO opens for subscription on 29 September 2026 and closes on 4 October 2026.
The price band for Sollfege Smart Electronics IPO is set at ₹21.78 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,20,000).
The latest Grey Market Premium (GMP) for Sollfege Smart Electronics IPO is ₹49.40. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Sollfege Smart Electronics IPO is tentatively scheduled for 5 October 2026, and shares are expected to list on the stock exchanges on 7 October 2026.
Kfin Technologies Ltd. is the official registrar for Sollfege Smart Electronics IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.