SOLLFEGE SMART ELECTRONICS LIMITED IPO
Open now30 Sep – 5 Oct 2026
What stands out in the offer document
The five questions
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1How it makes moneyWe haven't read this part of the document yet.
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2Is it growing, and is profit turning into cash?Sales rose 20% from 2024 to 2026 (₹18.5 cr → ₹22.2 cr).
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3How much cushion does it have?We haven't read this part of the document yet.
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4What you pay, and who gets the moneyAll the money raised goes to the company. At ₹55 you pay about ₹15 for every ₹1 of last year's profit.
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5Who controls it, and what is on record?Promoters own 100% now and 60% after the IPO.
Latest update:
Price band ₹55 · Closes 5 Oct 2026 · Allotment 6 Oct 2026 (Confirmed) · Lists 8 Oct 2026 (Expected)
What SOLLFEGE SMART ELECTRONICS LIMITED does
Sollfege Smart Electronics Limited operates in the premium segment of audio, video, home automation, smart living, lifestyle, and wellness solutions in India. The Company is engaged in the distribution, integration, and implementation of technologically advanced, design-focused solutions tailored for high-end residential, commercial, and institutional spaces.
SOLLFEGE SMART ELECTRONICS LIMITED financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| 2024 | 2025 | 2026 | ||
|---|---|---|---|---|
| Sales | 19 | 21 | 22 | |
| Operating Profit | — | — | — | |
| OPM % | — | — | — | |
| Net Profit | — | — | — | |
| Total Debt | 3 | 4 | 7 |
SOLLFEGE SMART ELECTRONICS LIMITED IPO offer structure
Fresh issue: ₹22 cr
The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Funding Capital Expenditure for expansion of our Retail Network by launching 12 new Showrooms: ₹9 cr
SOLLFEGE SMART ELECTRONICS LIMITED promoters and holding
- MR. UMESH KUMAR AGARWAL: Managing Director
SOLLFEGE SMART ELECTRONICS LIMITED strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Exclusive Brand Associations (p.141)
- Our Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. (p.19)
- Our business operations are majorly concentrated in West Bengal as we generate majority of our retail sales from our store in West Bengal. (p.19)
- A large part of our revenues is dependent on our top five brands. (p.20)
- Our Company is dependent on external suppliers for its product requirements. (p.24)
- We operate in a competitive industry and our market share may be adversely impacted if we fail to compete effectively. (p.25)
SOLLFEGE SMART ELECTRONICS LIMITED market and competition
Our Company operates in a highly competitive environment within the premium audio, video, home automation, and lifestyle electronics industry in India. The Company differentiates itself through exclusive brand associations, early engagement in project lifecycles, and a premium, experience-centric selling model.
SOLLFEGE SMART ELECTRONICS LIMITED outlook, as the document states it
Going forward, the Company plans to strengthen its presence in West Bengal and gradually expand into Odisha, Assam, and the NCR region through a cluster-based expansion strategy. This approach is intended to enhance brand visibility while allowing the Company to better understand and serve regional customer preferences.
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SOLLFEGE SMART ELECTRONICS LIMITED IPO: common questions
When does the SOLLFEGE SMART ELECTRONICS LIMITED IPO open and close?
The SOLLFEGE SMART ELECTRONICS LIMITED IPO is open from 30 Sep 2026 to 5 Oct 2026.
What is the SOLLFEGE SMART ELECTRONICS LIMITED IPO price band?
The price band is ₹55 per share.
What is the lot size and minimum investment for the SOLLFEGE SMART ELECTRONICS LIMITED IPO?
One lot is 2000 shares, and a retail application must be at least one lot. That is about ₹2,20,000 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
When are the SOLLFEGE SMART ELECTRONICS LIMITED IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 6 Oct 2026, refund/unblock around 7 Oct 2026 and listing around 8 Oct 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the SOLLFEGE SMART ELECTRONICS LIMITED IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 712 SME IPOs that have listed on the NSE since 2016, 564 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.