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Sollfege Smart Electronics IPOLISTED
Sollfege Smart Electronics Limited provides premium audio, video, home automation, smart living, lifestyle and wellness solutions for residential, commercial and institutional customers.
Listing price
₹104
Listing gain
+89.09%
Current
₹104
Listed
08 Oct 26
Opens
30 Sept 26Closes
05 Oct 26Allotment
06 Oct 26Refund
07 Oct 26Demat
07 Oct 26Listing
08 Oct 26Listed at
₹104
+89.09% on 08 Oct 26
Overview
Price band
₹55
Lot size
2000 shares
Min. investment
₹2,20,000
Issue size
₹21.78 Cr
39.60 L shares
Fresh issue
₹21.78 Cr
39.60 L shares
Face value
₹10 / share
Issue type
Fixed Price Issue
Listing at
BSE
Reservation
| Category | Shares offered | % of issue |
|---|---|---|
| Market Maker | 2,00,000 | 5.05% |
| NII (HNI) | 18,80,000 | 47.47% |
| B-HNI | 18,80,000 | — |
| Individual | 18,80,000 | 47.47% |
| Total | 39,60,000 | 99.99% |
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,20,000 |
| Retail (Max) | 2 | 4,000 | ₹2,20,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,30,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,90,000 |
| B-HNI (Min) | 10 | 20,000 | ₹11,00,000 |
Listing performance
NSE/BSE: SOLLFEGESMARTELECTRONICSListing gain
+89.09%
Gain per retail lot
₹1,96,000
Latest vs issue
—
GMP was
—
Issue price
Listing price
Latest price appears here during market hours.
Sollfege Smart Electronics Live GMP
Not enough GMP history yet to draw a trend.
Subscription
06 Oct, 12:00 amOversubscribed 2.46 times · 1,002 applications
Total applications
1,002
Total bid amount
₹25.4 Cr
Category breakdown
| Category | Shares offered | Shares bid | Times | Bid amount |
|---|---|---|---|---|
| B-HNI | 18,80,000 | 6,42,000 | 0.34x | ₹3.53 Cr |
| Total | 18,80,000 | 46,18,000 | 2.46x | ₹25.4 Cr |
| NII (Including QIB) | 18,80,000 | 8,54,000 | 0.45x | ₹4.7 Cr |
Application-wise breakup
| Category | Applications reserved | Applied | Times |
|---|---|---|---|
| S-HNI | 313 | 33 | 0.11x |
| Retail | 470 | 941 | 2.00x |
Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).
Financials
(₹ in crores)
Key performance indicators
As of 31 Mar 2026ROE
20.82%
PAT Margin
9.86%
ROCE
23.57%
EBITDA Margin
18.02%
Debt to Equity Ratio
0.6
Price to Book Value
2.86
RoNW
18.86%
Valuation vs listed peers
EPS Pre IPO
₹3.52
EPS Post IPO
₹2.1
P/E Pre IPO
15.63
P/E Post IPO
26.19
Buzz AI analysis
From this IPO's filings and market data · educational, not investment advice
Revenue growth FY24 → FY26
+12.0%
Profit growth FY24 → FY26
+24.4%
ROCE
23.57%
- PAT margin 9.9% and ROCE 23.6%.
Strengths & risks
- Premium Product Portfolio across audio, video and smart living solutions.
- Strong Brand Network with leading global and national brands.
- Revenue Growth from ₹18.53 crore in FY2024 to ₹22.21 crore in FY2026.
- Retail Expansion with plans for 12 new showrooms.
Buzz score · Neutral
From GMP, subscription and issue size
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding Capital Expenditure for expansion of our Retail Network by launching 12 new Showrooms. | 8.54 |
| Working Capital Requirements. | 9.67 |
| General Corporate Purposes. | 1.8 |
Company & documents
Sollfege Smart Electronics Limited operates in the premium audio, video, home automation, smart living, lifestyle and wellness solutions segment in India. The Company is engaged in the distribution, integration and implementation of technology-driven solutions for high-end residential, commercial and institutional spaces. It has evolved from a high-end audio-video distributor into an integrated premium technology solutions provider.
Its portfolio includes Audio Solutions such as high-end speakers, home theatres, soundbars, wireless speakers and background music systems; Video Solutions including premium displays and projectors; and Smart Living Solutions covering home automation, audio-video and lighting controls, shades and blinds automation, climate control, designer lighting, branded home appliances, luxury lifestyle equipment, fitness and wellness solutions, networking, security and surveillance systems.
The Company serves residential, commercial and institutional customers and operates through an experience-driven model that focuses on premium products and integrated solutions. In FY2026, 98.20% of revenue came from trading activities, while Audio Solutions contributed 42.62%, Smart Living Solutions 41.80% and Video Solutions 13.78% of total revenue.
Sollfege serves both B2B and B2C customers, with FY2026 revenue contribution of 55.29% and 44.71%, respectively. Its sales are predominantly offline, accounting for 99.49% of FY2026 revenue, compared with 0.51% from online sales.
The Company is also expanding its retail network and proposes to establish 12 new showrooms across West Bengal, Assam and Haryana, with 10 planned in West Bengal and one each in Assam and Haryana.
Registrar
Company contact
Sollfege Smart Electronics Limited
Chandrakunj, 3 Pretoria Street, 3rd Floor, Unit No. B, Middleton Row, Kolkata, West Bengal, 700071
Phone: 033 4602 0444
Email: cs@sollfege.com
Book running lead managers
- Finshore Management Services Ltd.
Promoters
- Umesh Kumar Agarwal