Sollfege Smart Electronics IPO Details
Factual IPO information from public filings. Not investment advice.
Issue Details
- Price Band
- ₹55
- Lot Size
- 2,000 shares
- Min. Investment
- ₹1,10,000
- Total Issue Size
- ₹21.78 Cr
- 39,60,000 shares
- Fresh Issue
- ₹21.78 Cr
- 39,60,000 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 60,40,000
- Shares Post-Issue
- 1,00,00,000
Lot Size & Investment
1 lot = 2,000 shares
Retail (min)
1 lot · 2,000 shares
Retail (max)
1 lot · 2,000 shares
S-HNI (min)
2 lots · 4,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual | 2 | 4,000 | ₹2,20,000 |
| HNI | 3 | 6,000 | ₹3,30,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 30.37 | 24.83 | 12.3 |
| Total Income | 22.22 | 21.28 | 19.84 |
| Profit After Tax | 2.19 | 2.13 | 1.76 |
| EBITDA | 4 | 3.24 | 1.73 |
| Net Worth | 11.62 | 9.43 | 3.75 |
| Reserves & Surplus | 5.58 | 7.92 | 2.74 |
| Total Borrowing | 6.98 | 4.46 | 2.87 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROCE (%) | 23.57 | 27.79 | 54.65 |
| EPS (₹) | 3.63 | 3.52 | 4.35 |
| P/E (pre-issue) | 15.15 | — | — |
| P/E (post-issue) | 25.1 | — | — |
About Sollfege Smart Electronics
Incorporated in November 2012 as Denn Audio, the company became Sollfege Electronics in January 2023, converted to a public limited company in November 2024 and took its present name, Sollfege Smart Electronics, in November 2025. It works in premium audio-video, home automation, smart living and lifestyle electronics, having moved from distributing audio-video equipment to supplying integrated systems. Offerings cover home theatre, audio and video installations, home automation, lighting and climate control, and connected living. The company sells through showrooms and experience centres where customers can see and hear systems before buying.
Company Information
Strengths (from RHP)
- Exclusive arrangements with certain international brands give the company products competitors in its region cannot offer.
- Installation and after-sales are handled by trained in-house technical teams rather than subcontractors.
- Design, supply, installation and service are provided as one package.
Key risks (from RHP)
- Revenue is concentrated in West Bengal.
- A large share of sales comes from the top five brands it carries, and those agreements can change.
- Legal proceedings are pending, as disclosed in the offer document.
- Book running lead managers
- Finshore Management Services Limited
- Registered office
- Chandrakunj, 3 Pretoria Street, 3rd Floor, Unit No. B, Middleton Row, Kolkata, West Bengal, 700071