Sollfege Smart Electronics IPO

About Sollfege Smart Electronics IPO

Sollfege Smart Electronics IPO, an SME IPO, opens on Wednesday, September 30, 2026 and closes on Monday, October 5, 2026. The allotment of shares will take place on Tuesday, October 6, 2026.The listing of shares on the BSE SME platform will take place on Thursday, October 8, 2026.

Sollfege Smart Electronics IPO’s issue price is set at ₹55 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by a retail individual investor is ₹2,20,000 (4,000 shares) based on the upper price.

The offer consists of a fresh issue component. The fresh issue will include up to 0.40 crore shares of ₹21.78 crore. The total number of shares and aggregate amount are 39,60,000 shares aggregating up to ₹22 crore.

Sollfege Smart Electronics operates in the premium segment of audio, video, home automation, smart living, lifestyle, and wellness solutions in India. The company is engaged in the distribution, integration, and implementation of technologically advanced, design-focused solutions tailored for high-end residential, commercial, and institutional spaces.

Objectives of Sollfege Smart Electronics IPO

• Funding capital expenditure for expansion of their retail network by launching 12 (twelve) new showrooms.
• To meet working capital requirements.
• To meet the issue expenses.
• General corporate purposes.

Industry Outlook

The Indian consumer durables market is one of the fastest-growing segments of the economy, attracting global interest due to its vast consumer base and rising disposable incomes. The sector spans consumer electronics such as fans, lighting devices, and kitchen appliances, as well as white goods including washing machines, televisions, refrigerators, and air conditioners. With its mix of a large middle class, a growing affluent population, and increasing penetration into rural markets, India is viewed as a key driver of global demand in the years ahead.

Emerging trends such as artificial intelligence, manufacturing automation, and Industry 4.0 are reshaping production processes. Investments in R&D and technology infrastructure are expected to enhance manufacturing efficiency, while greater consumer awareness of smart technologies will fuel adoption across categories.

About Sollfege Smart Electronics

Sollfege Smart Electronics operates in the premium segment of audio, video, home automation, smart living, lifestyle, and wellness solutions in India. The company is engaged in the distribution, integration, and implementation of technologically advanced, design-focused solutions tailored for high-end residential, commercial, and institutional spaces. Its offerings are aimed at customers who value seamless technology integration, superior performance, and refined living experiences.

Sollfege follows an ‘experience before purchase’ philosophy. Its showrooms, particularly in Kolkata and Gurgaon, feature dedicated Experience Centres where customers can interact with products in real-world, fully functional environments. The company maintains strong relationships with architects, interior designers, and builders, which helps drive project-based sales and positions it as a trusted partner in premium developments. The company has established long-term relationships with globally recognized OEM brands such as Bose, Yamaha, Panasonic, Sonos, LG, and others.

Strengths of Sollfege Smart Electronics

• Exclusive brand associations.
• Highly trained technical teams.
• Single-point, end-to-end solutions.
• End-to-end project management.
• Digital innovation.
• Strong after-sales service network.

Risks of Sollfege Smart Electronics

• The company, its directors, promoters and group companies are parties to certain legal proceedings.
• Their business operations are majorly concentrated in West Bengal as they generate majority of their retail sales from their store in West Bengal.
• A large part of their revenues is dependent on their top five brands.
• A substantial portion of their revenues has been dependent upon a few customers.
• The company is dependent on external suppliers for its product requirements.

Peer Comparison

They believe that none of the listed companies in India offer products or services across the various business segments in which they operate. Hence a strict comparison is not possible.

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Managers

Registrar Details
KFIN Technologies Limited
Email: einward.ris@kfintech.com
Tel. 040-79615565

Book Running Lead Manager
Finshore Management Services Limited

Sollfege Smart Electronics Contact Details
Chandrakunj, 3 Pretoria Street, 3rd Floor, Unit No. B, Middleton Row,
Kolkata, West Bengal, 700071
Email: cs@sollfege.com
Phone: 033 4602 0444

Sollfege Smart Electronics Business Model

The company earns its revenue through its operations in the premium segment of audio, video, home automation, smart living, lifestyle, and wellness solutions in India.

Sollfege Smart Electronics Growth Trajectory

Sollfege Smart Electronics’s Total Income for FY25 was ₹21.28 crore, whereas in FY24 and FY23 it was ₹19.84 crore and ₹12.74 crore, respectively.

The Profit After Tax for FY25 was ₹2.13 crore, whereas in FY24 and FY23 it was ₹1.76 crore and ₹0.36 crore, respectively.

Their EBITDA for FY25 was ₹3.24 crore, whereas in FY24 and FY23 it was ₹1.73 crore and ₹0.66 crore, respectively.

Sollfege Smart Electronics Market Position

In the year 2025, Sollfege Smart Electronics has been awarded as the Rising Star by Smart Node in recognition of their consistent performance and their growing presence in the premium electronics and home automation industry. They also have been recognized as a Top Seller – Araknis by Control4, marking a significant milestone in their growth journey.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹21.28 crore, ₹2.13 crore, and ₹3.24 crore, respectively.

How to apply for Sollfege Smart Electronics IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.