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SS

Sollfege Smart Electronics IPO

Upcoming SME BSE SME · E-Retail/ E-Commerce
42/100 TopFund Score

Price Band

₹

Issue Size

₹21.78 Cr

Lot Size

2,000 shares

Min Investment

₹220,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹55.0

Sollfege Smart Electronics IPO AI Summary

  • Sollfege Smart Electronics IPO is upcoming on BSE SME in the E-Retail/ E-Commerce sector.
  • Subscription window: 30 Sep–05 Oct 2026, listing on 08 Oct 2026.

Sollfege Smart Electronics Limited is set to launch its IPO, focusing on the premium electronics and smart living market. With a strong product portfolio and an experience-driven business model, the company aims to expand its retail network and enhance its market presence.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Wed, 30 Sep 2026 in 2d
IPO Close Date
Mon, 05 Oct 2026 in 7d
Allotment Date
Tue, 06 Oct 2026 in 8d
Refund Initiation
Wed, 07 Oct 2026 in 9d
Credit of Shares
Wed, 07 Oct 2026 in 9d
Listing Date
Thu, 08 Oct 2026 in 10d
Listing Price
₹55.0

Subscription Status

IPO not open yet

Opens 30 Sep 2026 · in 2 days

Sollfege Smart Electronics IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

TopFund Score — Listing Data Indicator

Composite Score

42/100

As of 28 Sep 2026 · How we calculate this →

Moderate Signal
GMP Strength (35%) 20/100

GMP is 0.0% above issue price

Subscription Demand (30%) N/A

Subscription not open yet

Anchor Investor Interest (15%) N/A

No anchor allocation for this IPO

Historical Similar-IPO Performance (20%) 80/100

Similar IPOs (same sector & type) averaged 25.7% listing gain

A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.

Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.

About the Company

Sollfege Smart Electronics Limited operates in the premium electronics and smart living segment, offering audio-visual, home automation, lifestyle, and wellness solutions. The Company focuses on delivering technology-driven products and integrated solutions that enhance convenience, comfort, and modern living experiences for residential and commercial customers. The Company has evolved from a traditional audio-video distributor into a provider of end-to-end premium electronics and automation solutions. Its offerings include home theatre systems, audio and video solutions, smart home automation, intelligent lighting and climate control, lifestyle electronics, and connected living technologies. Sollfege follows an experience-led business model through showrooms, experience centres, and digital channels. Its experience centres are designed to simulate real-life environments, allowing customers to explore, test, and evaluate products before purchase. The Company’s sales and technical teams work closely with customers, architects, interior designers, and project stakeholders to deliver customized solutions that meet functional and aesthetic requirements. The Company has developed strong relationships with leading global brands, national distributors, builders, and project partners, enabling it to offer premium products and execute integrated technology projects across residential, commercial, hospitality, and institutional sectors. With showrooms in Kolkata, Gurgaon, and Bhubaneswar, Sollfege serves both retail and business customers across India. The Company continues to expand its market presence through exhibitions, digital marketing initiatives, strategic partnerships, and an enhanced product portfolio. Competitive Strengths Diversified portfolio of premium audio-video, automation, and smart living solutions. Experience-centre driven business model supporting customer engagement and product demonstrations. Strong partnerships with globally recognized brands and project stakeholders. Capability to provide customized and integrated technology solutions. Established presence across key Indian markets with a premium customer focus.

Company Financials (₹ Cr)

As of 2025-09-30

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 31.71 24.83 12.30 10.09
Total Income 10.76 21.28 19.84 12.74
Profit After Tax 1.05 2.13 1.76 0.36
EBITDA 1.94 3.24 1.73 0.66
NET Worth 10.47 9.43 3.75 1.99
Reserves and Surplus 4.43 7.92 2.74 0.98
Total Borrowing 6.08 4.46 2.87 1.76

Key Ratios

EPS

₹3.52

NAV

₹62.43

ROE

32.27%

ROCE

27.79%

RoNW

22.56%

P/B Value

0.88

P/E Ratio

15.63

Market Cap

₹55.00 Cr

PAT Margin

9.99%

Debt/Equity

0.47

Promoters

Umesh Kumar Agarwal

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding Capital Expenditure for expansion of our Retail Network by launching 12 new Showrooms 8.54 2 Working Capital Requirements 9.67 3 General Corporate Expenses 1.80 Total 20.02

IPO Evaluation

Generated 27 Sep 2026

Revenue Trend

Total Income was ₹12.74 Cr in the year ended 31 Mar 2023, increasing to ₹19.84 Cr by 31 Mar 2024. It then rose to ₹21.28 Cr by 31 Mar 2025, but fell to ₹10.76 Cr by 30 Sep 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.

Profit Trend

Profit After Tax was ₹0.36 Cr in the year ended 31 Mar 2023, rising to ₹1.76 Cr by 31 Mar 2024. It further increased to ₹2.13 Cr by 31 Mar 2025, but then decreased to ₹1.05 Cr by 30 Sep 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.

Grey Market Premium, Explained

The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. It indicates the expected listing price of the IPO based on demand and supply in the grey market. A positive GMP suggests strong demand for the shares, while a negative GMP indicates lower interest.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's growth potential, market conditions, and individual financial goals.

Who May Want to Wait

Investors who prefer stable, established companies with predictable earnings may want to avoid this IPO, as it operates in a competitive and evolving market that could present risks.

IPO Timeline, Explained

The IPO opens for subscription on 30 September 2026 and closes on 5 October 2026. Allotment of shares will be done on 6 October 2026, with the listing date set for 8 October 2026.

Listing Gains — The Risk

Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange at a price higher than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-listing.

This evaluation is generated from Sollfege Smart Electronics's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

When does Sollfege Smart Electronics IPO open and close?

Sollfege Smart Electronics IPO opens on 30 September 2026 and closes on 05 October 2026.

When does Sollfege Smart Electronics IPO list on the stock exchange?

Sollfege Smart Electronics IPO is scheduled to list on 08 October 2026, with an estimated listing price of ₹55.0 based on current GMP.

What is the lot size for Sollfege Smart Electronics IPO?

The lot size for Sollfege Smart Electronics IPO is 2000 shares, requiring a minimum investment of ₹220,000 (2 lots).

What is the TopFund Listing Data Indicator for Sollfege Smart Electronics?

Sollfege Smart Electronics's Listing Data Indicator score is 42/100 (Moderate signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.

What is the issue price of the IPO?

The issue price of the IPO is ₹55.0.

What is the minimum investment required?

The minimum investment required is ₹220,000.

What is the lot size for this IPO?

The lot size for this IPO is 2000 shares.

When does the IPO open and close?

The IPO opens on 30 September 2026 and closes on 5 October 2026.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on demand in the grey market.

Issue Details

Issue Type SME Book Built
Issue Size ₹21.78 Cr
Price Band ₹ (Fixed)
Issue Price ₹55.0
Lot Size 2,000 shares
Min Investment ₹220,000 (2 lots minimum)
Exchange BSE SME
Sector E-Retail/ E-Commerce
Open Date 30 Sep 2026
Close Date 05 Oct 2026
Allotment 06 Oct 2026
Listing Date 08 Oct 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Kfin Technologies Ltd.

Lead Managers / Book Running

Finshore Management Services Ltd.

IPO Timeline

Open

30 Sep 2026

Close

05 Oct 2026

Allotment

06 Oct 2026

Listing

08 Oct 2026

Full Analysis

Should you apply? Company analysis, GMP explained & FAQs

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