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InvestmentsIPOSollfege Smart Electronics IPO

Sollfege Smart Electronics IPO

SME

Open Date

30 Sep 2026

Close Date

5 Oct 2026

Min Investment

₹ 2,20,000

Lot Size

2,000

Issue Size

₹ 21.78 Cr

Price Range

₹ 55 - ₹ 55

Subscribed

-
Pre-Apply Now
status

This IPO is Open for Pre Apply.

IPO Timeline
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IPO Offer Start
30 Sep 2026
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IPO Offer Ends
5 Oct 2026
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Allotment Finalisation
6 Oct 2026
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Refund Initialisation
7 Oct 2026
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Non-Institutional Buyers (sHNI)
7 Oct 2026
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Listing of Shares
8 Oct 2026
IPO Subscription Details as on 30 Sep 2026, 08:51 AM

No Subcription Details for this IPO

IPO subscription details, if any,
will appear here

Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
Sollfege Smart Electronics Limited is a premium audio, video, home automation, smart living, lifestyle, and wellness solutions provider in India, engaged in distribution, integration, and implementation of technologically advanced solutions for high-end residential, commercial, and institutional spaces. Originally incorporated as Denn Audio Private Limited in 2012, the company has evolved from a traditional electronics distributor into a comprehensive integrated solutions provider, offering products across Audio, Video, and Smart Living segments through partnerships with globally recognized brands such as Bose, Yamaha, Panasonic, Sonos, LG, and others. The company operates three showrooms in Kolkata, Gurgaon, and Bhubaneswar, following an 'experience before purchase' philosophy through dedicated Experience Centres. Revenue from operations grew from ₹18.53 crores in Fiscal 2024 to ₹22.21 crores in Fiscal 2026, with an EBITDA margin of 18.02% and PAT of ₹2.19 crores as of FY2026.
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Founded In

2012

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Director

Mihir Kumar Dutta

Financials of Sollfege Smart Electronics IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue18.5321.0122.21
Other Income1.310.270.02
Total Income
19.8421.2822.22
Total Expenses
17.2318.4119.25
Profit Before Tax2.532.872.97
Total Profit
1.762.132.19

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company intends to fund capital expenditure for setting up twelve new showrooms across West Bengal, Assam, and Haryana on a COCO model, covering interior works and rental deposits, to expand its retail network for premium audio, video, and smart living solutions.9
The company intends to utilize a portion of the net proceeds to meet its working capital requirements arising from the proposed expansion of its showroom network from 3 to 15 locations, covering inventory, trade receivables, and operational expenses.10
The balance net proceeds are intended to be deployed towards general corporate purposes including strategic initiatives, brand building, marketing activities, operating expenses, repayment of borrowings, and other business exigencies as approved by the Board.2
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  • Exclusive Brand Associations: The company has built long-standing relationships with globally recognized brands (Bose, Yamaha, Panasonic, Sonos, LG, etc.), enabling it to act as an authorized seller across multiple premium product categories, ensuring authenticity, quality, and customer confidence.
  • Highly Trained Technical Teams: The company's workforce is continuously trained through certification programs and technical workshops conducted by global brand partners, enabling expertise in system integration, networking design, and cross-brand compatibility for high-value project-based engagements.
  • Single-Point, End-to-End Solutions: The company provides comprehensive services spanning concept development, system design, procurement, installation, testing, and post-installation support, positioning itself as a single point of contact across the entire project lifecycle.
  • End-to-End Project Management: The company follows a structured project management framework with standardized workflows, planning tools, and internal review systems, enabling consistent execution of complex, multi-brand integration projects while maintaining quality, timelines, and cost efficiency.
  • Digital Innovation: The company has adopted platforms such as WeQuote to streamline quotation preparation, ensuring accurate and transparent proposals, improved margin control, and standardized internal processes, reflecting its commitment to technology-driven operational excellence.
  • Strong After-Sales Service Network: The company has established a structured after-sales service network offering timely maintenance, troubleshooting, and system upgrades backed by service agreements and on-call assistance, which drives repeat business, referrals, and long-term client relationships.

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