SOLLFEGE SMART ELECTRONICS LIMITED
SMEBSE
Issue details
Price band
₹55 - ₹55
Lot size
2,000 shares
Issue size
₹22 Cr
Min. investment
₹1,10,000
Registrar
KFin Technologies
Grey market premium
Est. gain+₹10 · 18%
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IPO Timeline
Open
30 Sep
Close
5 Oct
Allotment
6 Oct
Listing
8 Oct
- Refunds & demat credit
- 7 Oct 2026
- Mandate end
- 20 Oct 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| Retail | 2,000shares 1 lot · ₹1,10,000 | 2,000shares 1 lot · ₹1,10,000 |
| HNI | 4,000shares 2 lots · ₹2,20,000 | No limit funds permitting |
Based on the upper price band of ₹55 and a lot of 2,000 shares.
Issue structure
Face value
₹10 per share
Issue type
Fixed Price IPO
Sale type
Fresh capital only
Fresh issue
₹21 Cr
37,60,000 shares
Shares pre-issue
60,40,000
Shares post-issue
1,00,00,000
Reservation
- NII
- 18,80,000
- Retail
- 18,80,000
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 3.63 | 2.19 |
| P/E | 15.15 | 25.11 |
| Market cap | ₹33.22 Cr. | ₹55.00 Cr |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 20.82% |
| ROCE | 23.57% |
| Debt/Equity | 0.60 |
| RoNW | 18.86% |
| PAT Margin | 9.86% |
| EBITDA Margin | 18.02% |
| NAV | 19.24 |
| P/B (x) | 2.86 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 |
| Assets | 30.37 | 24.83 | 12.3 |
| Reserves & surplus | 5.58 | 7.92 | 2.74 |
| Total borrowing | 6.98 | 4.46 | 2.87 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Funding Capital Expenditure for expansion of our Retail Network by launching 12 new Showrooms₹8.54 Cr
- 2.Working Capital Requirements₹9.67 Cr
- 3.General Corporate Expenses₹1.8 Cr
- 4.Issue Expenses₹1.76 Cr
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| Acetech E-Commerce Ltd.SME | ₹112 | 19.56 | ₹117.60 | +5.00% |
| Rentomojo Ltd.Mainboard | ₹404 | 39.26 | ₹534.25 | +32.24% |
| Meesho Ltd.Mainboard | ₹111 | -11.63 | ₹170.09 | +53.23% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 29 Sep 2026. Always verify against the RHP before applying.