The SME initial public offering of Sollfege Smart Electronics will open for subscription on September 30 and close on October 5, 2026. The issue has been priced at Rs 55 per share.

The company plans to sell 39.60 lakh shares to raise Rs 21.78 crore. The shares will list on the BSE SME platform, with the tentative listing date set for October 8.

Sollfege Smart Electronics works in the electronics space. SME IPOs have seen strong retail interest in recent months, though experts warn that small issues can be volatile.

Investors can apply in lots through their brokers or online platforms. The allotment is expected to be finalised soon after the issue closes.

Market watchers advise reading the prospectus carefully before investing. SME stocks often see sharp price swings in the first weeks of listing. The company plans to use the IPO money for working capital and business expansion. Details of the objects of the issue are given in the red herring prospectus.