Safe Enterprises Retail Fixtures IPO
- IPO Date20 Jun, 2025 to 24 Jun, 2025
- Listing Date27 Jun, 2025
- Face Value₹5 per share
- Issue Price₹131 to ₹138 per share
- Lot Size1000 Shares
- Minimum Investment₹1,38,000
- Listing AtNSE SME
- Total Issue Size1,16,76,000 Shares
(aggregating up to ₹161.13 Cr) - Fresh Issue1,16,76,000 Shares
(aggregating up to ₹161.13 Cr)
- Offer for Sale-
- Issue TypeBookbuilding IPO
- Share holding pre issue3,43,04,478
- Shareholding post issue4,59,80,478
IPO Dates
Closing Date
24 Jun, 2025
Initiation of Refunds
26 Jun, 2025
Listing Date
27 Jun, 2025
20 Jun, 2025
Opening Date
25 Jun, 2025
Basis of Allotment
26 Jun, 2025
Credit of Shares
Safe Enterprises Retail Fixtures Lot Size
Investors can bid for a minimum of 1,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,38,000 |
| HNI (Min) | 2 | 2000 | ₹2,76,000 |
| Retail (Max) | 1 | 1000 | ₹1,38,000 |
Safe Enterprises Retail Fixtures Promoter Holding
The promoters of the company are Saleem Shabbir Merchant, Mikdad Saleem Merchant, Huzefa Salim Merchant and Munira Salimbhai Merchant.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 95.18% | - |
Safe Enterprises Retail Fixtures COMPANY INFORMATION
Safe Enterprises Retail Fixtures IPO is a bookbuilding of ₹161.13 crores. The issue is entirely a fresh issue of 116.76 lakh shares. Safe Enterprises Retail Fixtures IPO opens for subscription on June 20, 2025 and closes on June 24, 2025. The allotment for the Safe Enterprises Retail Fixtures IPO is expected to be finalized on Wednesday, June 25, 2025. Safe Enterprises Retail Fixtures IPO will be list on NSE SME with a tentative listing date fixed as Friday, June 27, 2025. Safe Enterprises Retail Fixtures IPO price band is set at ₹131 to ₹138 per share. The minimum lot size for an application is 1000. The minimum amount of investment required by retail investors is ₹1,31,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,38,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹2,76,000. Hem Securities Limited is the book-running lead manager of the Safe Enterprises Retail Fixtures IPO, while Maashitla Securities Private Limited is the registrar for the issue.The market maker for Safe Enterprises Retail Fixtures IPO is Hem Finlease Private Limited. Refer to Safe Enterprises Retail Fixtures IPO RHP for detailed information.
Incorporated in 1976, Safe Enterprises Retail Fixtures Limited designs, manufactures, supplies, and installs shop fittings and retail fixtures, providing a range of customized solutions across various retail segments such as fashion, electronics, and department stores.
The company provides merchandising solutions that address retail challenges in display, placement, storage, and safety, offering shop fitting services from design to installation tailored to customer needs.
The company serves various retail sectors like fashion, electronics, grocery, and luxury. Clients include major Indian chains and hypermarkets, such as:
- Zudio & Westside – Fixtures for fashion.
- Godrej Nature’s Basket – Custom shelving for gourmet stores.
- Reliance Retail & Future Group – Installations for hypermarkets.
The company offers the following products & services.
- Gondola Shelving – Modular shelves for supermarkets.
- Checkout Counters – Ergonomic designs to improve customer experience.
- Display Racks & Stands – Customizable for fashion, electronics, and FMCG.
- Mannequins & Visual Merchandising Displays – Modern solutions for store aesthetics. and branding.
- Storage & Backroom Fixtures – High-capacity shelving for stockrooms.
- Custom Fixture Design:Personalized solutions that seamlessly blend functionality with aesthetics.
- Innovative Solutions:Creative designs that adapt to the ever-evolving retail trends.
The company has three manufacturing units, two of which are situated in Mumbai and one in Thane, Maharastra.
The company has two franchisees in Navi Mumbai and Hyderabad, as well as two distributors in Dubai and Kansas City.
The company sells products in over 25 states and union territories, with most revenue from Maharashtra, followed by Karnataka and Gujarat.
As of October 31, 2024, the company had 15 employees in the design team.
Competitive Strength:
- In-house product manufacturing capabilities.
- Established relationships with customers across various geographical locations.
- Experienced Senior Management backed by design and development team.
- Positive consumer experience and long-term brand loyalty.
FAQs About Safe Enterprises Retail Fixtures Ipo
Safe Enterprises Retail Fixtures IPO will open on 20 Jun, 2025 and close on 24 Jun, 2025. Investors must apply within this period to participate.
The Safe Enterprises Retail Fixtures IPO price band is set between ₹131.00 and ₹138.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹138000.00.
The Safe Enterprises Retail Fixtures IPO shares are expected to be listed on 27 Jun, 2025, subject to regulatory approvals and final allotment.
You can track your Safe Enterprises Retail Fixtures IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Safe Enterprises Retail Fixtures IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.