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.
Sollfege Smart Electronics IPO – Details
| IPO Opening Date | 30 September 2026 |
| IPO Closing Date | 05 October 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 39,60,000 Shares Worth ₹21.78 Crore Fresh Issue: 39,60,000 Shares Worth ₹21.78 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55 per share |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| NII Shares Offered | 50.00% |
| Retail Shares Offered | 50.00% |
Sollfege Smart Electronics IPO – Date Schedule
| IPO Open Date | 30 September 2026 |
| IPO Close Date | 05 October 2026 |
| Basis of Allotment | 06 October 2026 |
| Initiation of Refund | 07 October 2026 |
| Credit of Shares to Demat | 07 October 2026 |
| IPO Listing Date | 08 October 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 05, 2026 |
Sollfege Smart Electronics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4000 | ₹2,20,000 |
| Retail (Max) | 2 | 4000 | ₹2,20,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,30,000 |
Competitive Strength
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
Company Promoters
- Umesh Kumar Agarwal
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹19.84 Cr | ₹17.23 Cr | ₹1.76 Cr | ₹2.87 Cr |
| 31 March 2025 | ₹21.28 Cr | ₹18.41 Cr | ₹2.13 Cr | ₹4.46 Cr |
| 31 March 2026 | ₹22.22 Cr | ₹19.25 Cr | ₹2.19 Cr | ₹6.98 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROCE | 23.57% |
| Debt/Equity | 0.60 |
| RoNW | 18.86% |
| PAT Margin | 9.86% |
| EBITDA Margin | 18.02% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.52 | 2.10 |
| P/E (x) | 15.63 | 26.19 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding Capital Expenditure for expansion of our Retail Network by launching 12 new Showrooms. | ₹8.54 |
| Working Capital Requirements. | ₹9.67 |
| General Corporate Purposes. | ₹1.80 |
✅Strengths
- 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.
⚠️Risks
- High Trading Dependence with 98.20% of FY2026 revenue from trading.
- Brand Concentration with top 5 brands contributing 41.27% of trading revenue.
- Customer Concentration with top 5 customers contributing 60.58% of revenue.
- Supplier Concentration with top 5 suppliers accounting for 80.51% of purchases.
- High Competition and dependence on premium consumer demand.
Sollfege Smart Electronics IPO Promoter Holding
| Pre-Issue Share Holding | 99.97% |
| Post Issue Share Holding | 60.38% |
Sollfege Smart Electronics IPO Prospectus
Company Contact Information
| 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 Website: https://sollfege.com/ |
Sollfege Smart Electronics IPO Registrar
| Kfin Technologies Ltd. Phone: 040-79615565 Email: einward.ris@kfintech.com Website: https://ipostatus.kfintech.com/ |
Sollfege Smart Electronics IPO Lead Manager(s)
| 1. Finshore Management Services Ltd. |
Sollfege Smart Electronics IPO FAQ
| What is the Sollfege Smart Electronics IPO? Sollfege Smart Electronics IPO is an SME IPO. The issue is priced at ₹55 per equity share. The IPO is to be listed on BSE SME. |
| When will Sollfege Smart Electronics IPO open? The IPO is to open on 30 September 2026 for QIB, NII and Retail Investors. |
| What is Sollfege Smart Electronics IPO Investors’ Portion? The Investors portion for NII – 50.00%, and Retail – 50.00%. |
| What is the Sollfege Smart Electronics IPO Size? Sollfege Smart Electronics IPO size is ₹21.78 Crore. |
| What are the Sollfege Smart Electronics IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 4000 Shares for ₹2,20,000, while the maximum bid is 4000 Shares for ₹2,20,000. |
| What is the Sollfege Smart Electronics IPO Allotment Date? Sollfege Smart Electronics IPO allotment date is 06 October 2026. |
| What is the Sollfege Smart Electronics IPO Listing Date? Sollfege Smart Electronics IPO listing date is 08 October 2026. The IPO is to be listed on the BSE SME. |
