Sollfege Smart Electronics
LISTEDIPO Date: 30 Sept - 5 Oct 2026
Listing Date: 8 Oct 2026
Price Range
Rs.55 - Rs.55
Issue Size
22 Cr
Min Investment
₹2,20,000
2 lots minimum (SEBI rule for SME)
Min Application
4000 Shares
2000 per lot × 2
Schedule of Sollfege Smart Electronics
Issue open date
30 Sept 2026
Issue close date
5 Oct 2026
UPI mandate deadline
5 Oct 2026 (5 PM)
Allotment finalization
6 Oct 2026
Share credit
7 Oct 2026
Listing date
8 Oct 2026
Mandate end date
20 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 22 Cr |
| Fresh Issue | 21.78 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 6 Oct 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 8 Oct 2026Latest | ₹55 | ₹10 | ₹65(+18.18%) |
| 7 Oct 2026 | ₹55 | ₹10 | ₹65(+18.18%) |
| 6 Oct 2026 | ₹55 | ₹0 | ₹55(0%) |
| 5 Oct 2026 | ₹55 | ₹0 | ₹55(0%) |
| 4 Oct 2026 | ₹55 | ₹0 | ₹55(0%) |
| 3 Oct 2026 | ₹55 | ₹0 | ₹55(0%) |
| 2 Oct 2026 | ₹55 | ₹0 | ₹55(0%) |
| 1 Oct 2026 | ₹55 | ₹0 | ₹55(0%) |
| 30 Sept 2026 | ₹55 | ₹0 | ₹55(0%) |
Performance Sollfege Smart Electronics
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.55 - Rs.55 | ₹ 104 (89.82%) | ₹ 54.69 | -0.56% |
About Sollfege Smart Electronics
Sollfege Smart Electronics Limited is engaged in the distribution, integration and implementation of audio, video, home automation, smart living, lifestyle and wellness solutions in India. The company offers premium audio products such as speakers, home theatre systems, soundbars, wireless speakers and background music systems, along with displays and projectors for residential and commercial applications. Its smart living solutions include home automation for audio, video, lighting, climate control, shades and blinds, and smart lighting. The company also offers branded home appliances, lifestyle equipment, interactive fitness and wellness products, networking and security solutions, including smart door locks, video door phones, CCTV systems and smart keypads. Sollfege Smart Electronics was originally incorporated as Denn Audio Private Limited and initially focused on distributing audio and video equipment before expanding into other technology segments.
| Founded in | 2012 |
| Managing director | Mr Umesh Kumar Agarwal |
| Parent organization |
Financial Overview
Strengths
5- 1
Comprehensive product portfolio across audio, video, and smart living solutions.
- 2
Established presence with experiential retail showrooms in strategic markets.
- 3
Strong relationships with prominent global and domestic electronic brands.
- 4
Customer-centric business model featuring live product demonstrations.
- 5
Experienced promoter and key management team with deep industry knowledge.
Risks
5- 1
Over 90% of revenue is heavily concentrated in West Bengal.
- 2
Entirely dependent on third-party suppliers for all products.
- 3
High revenue reliance on top five brands and key customers.
- 4
History of delayed statutory and regulatory compliance filings.
- 5
Working capital-intensive business vulnerable to inventory risks.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | 2.28 |
| Retail Individual Investors (RIIs) | 2 |
| Employee | N/A |
| Total | 2.14 |