Sollfege Smart Electronics Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 🔥 1819000.00x | 2 | 3,638,000 | ₹0 Cr |
| NII (HNI) | 2.28x | 1,880,000 | 4,292,000 | ₹10 Cr |
| Retail | 2.00x | 1,880,000 | 3,764,000 | ₹10 Cr |
| Market Maker | — | 200,000 | — | ₹1 Cr |
| Σ Total | 2.14x | 3,760,000 | 8,056,000 | ₹21 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹110,000 |
| Retail (Max) | 13 | 26,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,370,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 11 | 21 | 20 |
| EBITDA | 2 | 3 | 2 |
| Profit After Tax | 1 | 2 | 1,760 |
| Net Worth | 10 | 9 | 4 |
| Total Assets | 32 | 25 | 12 |
| Reserves & Surplus | 4 | 8 | 3 |
| Total Borrowing | 6 | 4 | 3 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Capital Expenditure for expansion of our Retail Network by launching 12 new Showrooms – 8.54
- Working Capital Requirements – 9.67
- General Corporate Expenses – 1.80
Company Overview
Incorporated in 2012, Sollfege Smart Electronics Limited is engaged in the premium segment of audio, video, home automation, smart living, lifestyle electronics, and wellness solutions. The company is focused on delivering integrated and technology-driven solutions that combine high-quality products with design, convenience, and functionality. It operates through a combination of showrooms, experience centres, and an online platform, enabling customers to experience, evaluate, and purchase products across both residential and commercial use cases.
Over the years, Sollfege has evolved from a traditional audio-video distributor into a comprehensive solutions provider in the premium electronics space. Its offerings include home theatre systems, audio solutions, video solutions, smart home automation, lighting control, climate control, lifestyle electronics, and connected living solutions. The company caters to customers who seek refined, modern, and seamless living experiences, with a strong emphasis on product quality, user experience, and end-to-end service support.
Sollfege’s business model is designed around an experience-first approach. Its experience centres are created to reflect real living environments, allowing customers to interact with and test products before making a purchase decision. This approach is particularly relevant in the premium segment, where product demonstration, customization, and technical consultation play an important role in influencing buying behaviour. The company’s sales and technical teams work closely with customers to understand their requirements and provide tailored solutions that meet both functional and aesthetic expectations.
The company has also built strong relationships with globally recognized brands, national distributors, architects, interior designers, builders, and project partners. These relationships have helped Sollfege strengthen its market position and expand its presence in both retail and project-based segments. Through these partnerships, the company is able to offer reliable, high-quality products and execute complex integration projects across residential, commercial, and institutional spaces.
Sollfege operates across multiple geographies in India and has established its presence through showrooms in Kolkata, Gurgaon, and Bhubaneswar. It serves both B2C and B2B customers and participates in exhibitions, events, and digital marketing initiatives to strengthen brand visibility and customer engagement. The company continues to focus on expanding its presence in key markets while enhancing its product portfolio, service network, and digital reach.
With its premium positioning, customer-centric approach, and integrated solution offerings, Sollfege Smart Electronics Limited aims to further strengthen its presence in the premium audio-video and smart automation industry in India.