When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.

Sollfege Smart Electronics Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Sollfege Smart Electronics Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

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IPO Snapshot

Key metrics and details at a glance.

Price Band

₹55

Per Share

Lot Size

2000 Shares

Minimum Investment

₹1,10,000

Issue Size

₹21.78 Cr

Face Value

₹10

Per Share

IPO Type

Fixed Price - SME

Retail Quota

50%

QIB Quota

NII Quota

50%

IPO Timeline

Important dates for your applying strategy.

IPO Opens30 Sept

IPO Closes5 Oct

Basis of Allotment6 Oct

Refund Initiation7 Oct

Shares Credited7 Oct

Sollfege Smart Electronics Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

99.97%

Promoter Holding (Post-Issue)

60.38%

Issue Type

Fixed Price - SME

ISIN

INE17HG01015

About the Company

Sollfege Smart Electronics Limited 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.

Company History

Our Company was originally incorporated as a Private Limited Company in the name of "Denn Audio Private Limited" on November 09, 2012 under the provisions of Companies Act, 1956 bearing Corporate Identification Number U52100WB2012PTC188130 issued by Registrar of Companies - Kolkata, West Bengal. Subsequently, the name of our company was changed to "Sollfege Electronics Private Limited" vide a fresh Certificate of Incorporation consequent upon change of name dated January 06, 2023 bearing Corporate Identification Number U52100WB2012PTC188130 issued by Registrar of Companies - Kolkata, West Bengal. Subsequently, our company was converted into Public Limited Company under the Companies Act, 2013 and the name of our Company was changed to "Sollfege Electronics Limited" vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated November 20, 2024 bearing Corporate Identification Number U52100WB2012PLC188130 issued by Registrar of Companies, Central Processing Centre. Further the name of our company was changed to "Sollfege Smart Electronics Limited" vide a fresh certificate of incorporation consequent upon change of name dated November 24, 2025 bearing Corporate Identification Number U52100WB2012PLC188130 issued by Registrar of Companies, Central Processing Centre.

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Standalone figures

Revenue GrowthProfit After Tax (PAT)Total Assets

Revenue

+19.9%vs FY24

Amount in ₹ crore

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offer of 39,60,000 equity shares of face value of Rs.10/- each ("Equity Shares") of Sollfege Smart Electronics Limited (the "Company" or the "Issuer") for cash at a price of Rs. 55/- per equity share, including a share premium of Rs. 45/- per equity share (the "Issue Price"), aggregating to Rs. 21.78 Crores ("the Issue"), of which 2,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating to Rs. 1.1 Crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. Issue of 37,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating to Rs. 20.68 Crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 39.60% and 37.60% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 55/- each i.e., 5.50 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

StrengthsRisk Factors

Established and proven track record.
Leveraging the experience of our Promoters.
Experienced management team and a motivated and efficient work force.

Frequently Asked Questions

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.

Sollfege Smart Electronics Ltd

Business model, operations, and market positioning.