Sollfege Smart Electronics IPO Subscription Status
Final figures at close of bidding: 8 Oct 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| NII | 2.28x |
| Retail (RII) | 2x |
| Total | 2.14x |
Bidding day 6
Day-wise subscription
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 18,19,000x | 0.18x | 0.01x | 1.06x |
| Day 2 | — | 2.12x | 1.59x | 1.86x |
| Day 3 | — | 2.12x | 1.59x | 1.86x |
| Day 4 | — | 2.12x | 1.59x | 1.86x |
| Day 5 | — | 2.12x | 1.59x | 1.86x |
| Day 6 | — | 2.28x | 2x | 2.14x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The Sollfege Smart Electronics book was built over 6 days: overall subscription stood at 1.06× at the close of day 1, read 1.86× at the end of day 2, read 1.86× at the end of day 3, read 1.86× at the end of day 4, read 1.86× at the end of day 5, and finished at 2.14× on day 6. On the final day it was non-institutional investors (NII) driving the book, at 2.28× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 2, when the overall multiple moved from 1.06× to 1.86×.
Category detail
Non-institutional investors came in at 2.28×. Retail investors put in bids for 2× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 2.28× and retail investors at the bottom at 2×.
What the multiple means for allotment
With retail subscription at 2×, applications in that category exceeded the shares available to it by a factor of about 2. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 2000 shares — ₹1,10,000 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Sollfege Smart Electronics IPO open and close?
- The Sollfege Smart Electronics IPO opens on 30 Sept 2026 and closes on 5 Oct 2026.
- How many times was the Sollfege Smart Electronics IPO subscribed?
- The Sollfege Smart Electronics IPO was subscribed 2.14 times in total across all investor categories.
- What is the reservation split in the Sollfege Smart Electronics IPO?
- Of the total shares offered, retail investors get 50%, non-institutional investors 50%.