Sollfege Smart Electronics IPO GMP & Allotment
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.
- IPO Price Band
- ₹55.00 - ₹55.00
- Lot Size
- 2,000 Shares
- Bidding Closes
- 05 Oct 2026
- Listing Date
- 08 Oct 2026
Sollfege Smart Electronics IPO GMP Today & Key Takeaways
Sollfege Smart Electronics IPO officially listed on 08 Oct 2026 at Rs 104.40, delivering a +89.82% listing gain compared to its issue price of Rs 21.78. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹49.4.
Sollfege Smart Electronics IPO officially listed on 08 Oct 2026 at ₹104.40, delivering a +89.82% listing gain compared to its issue price of ₹21.78. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹49.4.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹49.4 | +89.82% vs upper band (08 Oct 2026) |
| Est. Listing Price | ₹104.40 | +89.82% Est. Listing Gain |
| Price Band | ₹55.00 - ₹55.00 | SME IPO |
| Retail Minimum Investment | ₹2,20,000 | 2 Lot (2,000 Shares) |
| Bidding Window | 30 Sept 2026 – 05 Oct 2026 | Listed |
| Allotment & Listing Dates | Allotment: 06 Oct 2026 | Listing: 08 Oct 2026 |
Complete IPO information
| IPO Open Date | 30 Sept 2026 |
|---|---|
| IPO Close Date | 05 Oct 2026 |
| IPO Price Band | ₹55.00 - ₹55.00 |
| Lot Size | 2,000 Shares |
| Current GMP | ₹49.4 |
| Estimated Listing Gain | +89.82% |
| Issue Size | Approx ₹21.78 Cr |
| Fresh Issue | Approx ₹21.78 Cr |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | Kfin Technologies Ltd. |
| Overall Subscription | 2.14x |
| Minimum Investment | ₹2,20,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 18.19 | 36.38 | 2xx |
| NII | 18.8 | 42.92 | 2.28xx |
| Retail | 18.8 | 37.64 | 2xx |
| Overall Subscription | 37.6 | 80.56 | 2.14xx |
Sollfege Smart Electronics IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 (01 Oct) | 2x | 0.01x | 0.06x | 0.8x |
| Day 4 (05 Oct) | 2x | 2.11x | 1.59x | 1.86x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Sollfege Smart Electronics is priced at ₹55 per share. With a minimum lot size of 2,000 shares, a retail investor applying for one lot would need approximately ₹2,20,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Sollfege Smart Electronics stands at ₹49.4, implying an estimated listing gain of around 89.82% over the issue price if it holds until listing. This is up ₹10 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Sollfege Smart Electronics's IPO was subscribed 2.14x overall, with a category-wise breakdown of Retail 2x, QIB 2x, NII 2.28x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 30 Sept 2026 | Completed |
| Bidding Closes | 05 Oct 2026 | Completed |
| Allotment | 06 Oct 2026 | Completed |
| Listing | 08 Oct 2026 | Completed |
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 08 Oct 2026 | ₹10.00 | +₹10.00 | 18.18% |
| 07 Oct 2026 | ₹0.00 | - | TBA |
| 06 Oct 2026 | ₹0.00 | - | TBA |
| 05 Oct 2026 | ₹0.00 | - | TBA |
| 01 Oct 2026 | ₹0.00 | - | 0.00% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 4,000 | ₹2,20,000 |
| Retail Maximum | 2 Lot | 4,000 | ₹2,20,000 |
| S-HNI Minimum | 3 Lot | 6,000 | ₹3,30,000 |
| S-HNI Maximum | 9 Lot | 18,000 | ₹9,90,000 |
| B-HNI Minimum | 10 Lot | 20,000 | ₹11,00,000 |
Objects of the Issue & Official Documents
Sollfege Smart Electronics IPO Reservation
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.
Sollfege Smart Electronics IPO Dates
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.
Sollfege Smart Electronics IPO Dates
| 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 Sollfege Smart Electronics IPO is tentative and subject to change.
Sollfege Smart Electronics IPO Objects of the Issue & Utilisation of Proceeds
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.
Sollfege Smart Electronics Objects of the Issue & Utilisation of Proceeds
| 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 Sollfege Smart Electronics.
Sollfege Smart Electronics IPO Company Financials
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.
Sollfege Smart Electronics Company Financials
| 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 Sollfege Smart Electronics are in ₹ Crores unless stated otherwise.
Sollfege Smart Electronics Company Valuation – FY2026
| 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 Sollfege Smart Electronics are computed for FY2026.
Sollfege Smart Electronics IPO Peer Group Comparison
To Be Updated Soon
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