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SOLLFEGE · BSE · E-Retail/ E-Commerce
Sollfege Smart Electronics IPO closed on 05 Oct 2026 with 2.01x overall subscription . The basis of allotment is finalised on 06 Oct 2026 , and the stock will list on 08 Oct 2026 on BSE . The IPO price band was ₹55-₹55.
Sollfege Smart Electronics IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 30 Sep 2026 |
| IPO Close Date | 05 Oct 2026 |
| Basis of Allotment | 06 Oct 2026 |
| Initiation of Refunds | 07 Oct 2026 |
| Credit of Shares to Demat | 07 Oct 2026 |
| Listing Date | 08 Oct 2026 |
Issue Size
3,960,000 shares
(aggregating up to ₹22.00 Cr)
Issue Price
₹55 – ₹55
Face Value
₹10/share
Market Lot
2,000 shares
Retail Min Investment
₹220,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
3,760,000 shares
(aggregating up to ₹21 Cr)
Offer for Sale
[.]
Reserved for Market Maker
200,000 shares
(aggregating up to ₹1.00 Cr)
Issue Type
fixed price
Open Date
30 Sep
Close Date
05 Oct
Allotment
06 Oct
Listing
08 Oct
Last updated: 10 hours ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 05 Oct 2026 Latest | ₹55 | ₹0 | ₹55 | ₹0 |
0%
|
2:01 PM |
| 05 Oct 2026 | ₹55 | ₹0 | ₹55 | ₹0 |
0%
|
1:30 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 05 Oct 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| NII | 2.15x | - |
| Individual Investors | 1.88x | - |
| Total | 2.01x | - |
Showing the latest subscription snapshot.
View full subscription historyUmesh Kumar Agarwal is the company promoter.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹220,000 |
| Retail (Max) | 2 | 4,000 | ₹220,000 |
| S-HNI (Min) | 3 | 6,000 | ₹330,000 |
| S-HNI (Max) | 9 | 18,000 | ₹990,000 |
| B-HNI (Min) | 10 | 20,000 | ₹1,100,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| NII (HNI) Shares Offered | 1,880,000 (47.47%) |
| Individual Investors Shares Offered | 1,880,000 (47.47%) |
| Market Maker Shares Offered | 200,000 (5.06%) |
| Total Shares Offered | 3,960,000 (100.00%) |
Sollfege Smart Electronics Limited was originally incorporated as Denn Audio Private Limited in November 2012 and was renamed and converted into a public limited company by November 2025. It is headquartered in Kolkata, West Bengal, and works in the consumer electronics sector, retailing and distributing premium home audio and entertainment systems.
The company operates as a specialist retailer of high-end audio equipment, including speakers, amplifiers, subwoofers and home theatre systems from international brands, serving customers through its Kolkata-based showroom and demonstration facilities where products are auditioned before purchase.
Revenue was Rs 21.28 crore with profit of Rs 2.13 crore in FY25, as per the DRHP. The IPO is an SME fixed-price issue of Rs 21.78 crore on the BSE SME platform, structured entirely as a fresh issue of 39,60,000 equity shares of face value Rs 10 each, with no offer for sale, priced at Rs 55 per share, with subscription scheduled for September 30 to October 5, 2026 and a tentative listing date of October 8, 2026. Detailed objects-of-the-issue figures were not confirmed at the time of writing.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 19.84 | 21.28 | 22.22 |
| Profit After Tax (PAT) | 1.76 | 2.13 | 2.19 |
| EBITDA | 1.73 | 3.24 | 4 |
| Total Assets | 12.3 | 24.83 | 30.37 |
| Net Worth | 3.75 | 9.43 | 11.62 |
| Reserves & Surplus | 2.74 | 7.92 | 5.58 |
| Total Borrowing | 2.87 | 4.46 | 6.98 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2026 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 20.82% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 23.57% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 18.86% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 9.86% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 18.02% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 0.6x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 2.86x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹3.63 | ₹2.19 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 15.15x | 25.11x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹33 Cr | ₹55 Cr |
The basis of allotment for Sollfege Smart Electronics IPO was finalised on 06 Oct 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Sollfege Smart Electronics IPO is expected to open in Sep 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Sollfege Smart Electronics IPO is ₹55.00 - ₹55.00 per share.
As per market sources, Sollfege Smart Electronics IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Sollfege Smart Electronics IPO stands at 2.01x overall.
The listing date for Sollfege Smart Electronics IPO is 08 Oct 2026.
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