Mumbai, Oct. 8 -- The scrip was listed at Rs 104.40, a premium of 89.82% to the IPO price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 104.50 and a low of Rs 99.18. About 20.64 lakh shares changed hands on the BSE.

Sollfege Smart Electronics' IPO was subscribed 2.08 times. The IPO opened for subscription on 30 September 2026 and closed on 5 October 2026. The issue price was fixed at Rs 55 per share.

The fixed-price issue comprised an entirely fresh issue of 39.60 lakh shares. Promoter Umesh Kumar Agarwal held 99.97% of the company before the IPO. His shareholding declined to 60.38% after the issue.

The company plans to use Rs 8.54 crore of the IPO proceeds for capital exp...