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Sollfege Smart Electronics Ltd

Registered Office : Chandrakunj 3 Pretoria St 3rd-,Flr Unit No.B Middleton Row,Kolkata West Bengal 700071 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

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

55.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

20.02

21.78

10.00

55.00

Finshore Management Services Limited

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

Listing At

BSE - SME

Registrar to the Issue

KFin Techologies Ltd