Sollfege Smart Electronics IPO

Sollfege Smart Electronics IPO comprises a total issue size of 39,60,000 shares. The net offer to the public is 37,60,000 shares, after excluding 2,00,000 shares allotted on a firm basis. Of the Net offer 18,80,000 (50.00%) allocated to NII 18,80,000 (50.00%) allocated to RII .

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.

Incorporated in November 2012, Sollfege Smart Electronics Limited is engaged in the distribution, integration and implementation of premium audio, video, home automation, smart living, lifestyle and wellness solutions in India. The Company initially focused on the distribution of high-end audio and video equipment and has expanded its business into integrated technology solutions for high-end residential, commercial and institutional spaces. The Company offers a diverse portfolio of premium technology solutions across Audio Solutions, Video Solutions and Smart Living Solutions. Its audio portfolio includes high-end speakers, home theatre systems, soundbars, wireless speakers and background music systems, while its video solutions include premium displays and projectors. Its Smart Living Solutions cover home automation, lifestyle and wellness products, networking, security and surveillance solutions, including lighting and climate control, smart door locks, CCTV systems and integrated monitoring solutions.

The Company follows an "experience before purchase" approach through its Experience Centres in Kolkata and Gurgaon, where customers can evaluate its products in functional environments. Its trained sales and technical teams provide customised solutions based on customer requirements and offer end-to-end services including site assessment, system design, installation and after-sales support. The Company operates three showrooms in Kolkata, Gurgaon and Bhubaneswar and maintains relationships with globally recognised OEM brands including Bose, Yamaha, Panasonic, Lutron, Sonos, Devialet, Focal, Epson and LG.

Sollfege operates on an asset-light business model and is not engaged in manufacturing activities. Its operations are focused on distribution, system integration and implementation of technology solutions, supported by showrooms, Experience Centres and technical capabilities for demonstration, installation and servicing. The Company integrates IoT devices, automation systems, wireless communication, audio-visual equipment and smart sensors to create connected solutions for homes and commercial spaces. Its revenue from operations increased from ₹18.53 crores in Fiscal 2024 to ₹22.21 crores in Fiscal 2026.

As of August 2026, the Company had a total workforce of 32 employees, including Executive Directors, Key Managerial Personnel, accounts, sales and marketing, technical/operations and service personnel.

Competitive Strengths

Exclusive Brand Associations with globally recognised OEM brands.

Highly Trained Technical Teams with strong solution-integration capabilities.

Single-Point, End-to-End Solutions covering design, integration, installation and support.

End-to-End Project Management for residential, commercial and institutional requirements.

Digital Innovation through integrated smart home, automation and connected technology solutions.

Experience-Driven Sales Model through dedicated Experience Centres and customised customer solutions.

Strong After-Sales Service Network supporting installation, servicing and long-term customer relationships.

Sollfege Smart Electronics Ltd.'s revenue increased by 4% and profit after tax (PAT) rose by 3% between the financial year ending with March 31, 2026 and March 31, 2025.

Note:-

Operating EBITDA is given in the financial statements.

The Sollfege Smart Electronics IPO is subscribed 2.14 times on October 5, 2026 5:54:10 PM (Day 3). The public issue subscribed 2.00 times in the individual investors category, [.] times in the QIB category, and 2.28 times in the NII category. Check Day by Day Subscription Details (Live Status)

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Total Applications: 1,002

*Market Maker portion is not included to NII/HNI.