IPO

IPO Synopsis Sollfege Smart Electronics Ltd
Registered Office : Chandrakunj 3 Pretoria St 3rd-,Flr Unit No.B Middleton Row, Kolkata - 700071, West Bengal, India.
Phone : 033 4602 0444   Fax:
Email : cs@sollfege.com
Website :www.sollfege.com
Initial public offer of 39,60,000 equity shares of face value of Rs.10/- each ("Equity Shares") of Sollfege Smart Electronics Limited (the "Company" or the "Issuer") for cash at a price of Rs. 55/- per equity share, including a share premium of Rs.45/- per equity share (the "Issue Price"), aggregating to Rs. 21.78 Crores ("the Issue"), of which 2,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating to Rs. 1.1 Crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. Issue of 37,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating to Rs. 20.68 Crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 39.60% and 37.60% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 55/- each i.e., 5.50 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares. 
Issue Money Payable On
Opens On Closes On Application Allotment
 30-Sep-26  05-Oct-26  55.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  4000   Further Multiples of :  2000
  Rs Cr Lead Managers to the Issue
Project Cost  20.02 Finshore Management Services Limited
Project Financed through Current Offer  21.78  
Post Issue Equity Share Capital  10.00  
Issue Price  55.00  
Projects
 Funding Capital Expenditure for expansion of the Retail Network by launching 12 new Showrooms  Working Capital Requirements
 General Corporate Expenses
Promoted By
 Umesh Kumar Agarwal
 Geetanjali Sabarwal Agarwal
Listing At
 BSE - SME
Registrar to the Issue
 KFin Techologies Ltd
 
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