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Sollfege Smart Electronics Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Sollfege Smart Electronics Ltd IPO

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 (Rs)55.00-0.00 (Rs)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 (Rs)55.00  
 
Projects
Funding Capital Expenditure for expansion of the Retail Network by launching 12 new ShowroomsGeneral Corporate Expenses
Working Capital Requirements
Promoted By
Umesh Kumar Agarwal  
Geetanjali Sabarwal Agarwal  
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd