Safety Controls IPO
Safety Controls IPO
Overview
Safety Controls IPO is a book build issue of ₹48.00 crores. The issue is entirely a fresh issue of 0.60 crore shares of ₹48.00 crore. Safety Controls IPO opens for subscription on Apr 6, 2026 and closes on Apr 8, 2026. The allotment for the Safety Controls IPO is expected to be finalized on Apr 9, 2026. Safety Controls IPO will list on the BSE SME with a tentative listing date fixed as Apr 13, 2026. Safety Controls IPO is set issue price band at ₹75 to ₹80 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,56,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,84,000. Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is NNM Securities Pvt.Ltd..
Total Shares
60,00,000
Issue Size
₹48 Cr
Price Band
₹75 – ₹80
Lot Size
1600 shares
Min. Investment
₹2,56,000
Max. Investment
₹2,56,000
Open Date
06 Apr, 2026
Close Date
08 Apr, 2026
Allotment
09 Apr, 2026
Listing
13 Apr, 2026
Max. Investment
₹2,56,000
Announced
06 Apr, 2026
Opening Date
06 Apr, 2026
Closing Date
08 Apr, 2026
Basis of Allotment
09 Apr, 2026
Initiation of Refunds
10 Apr, 2026
Credit of Shares
10 Apr, 2026
Listing Date
13 Apr, 2026
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About Safety Controls IPO
Incorporated in June 2015, Safety Controls and Devices Limited specialises in EPC (Engineering, Procurement, and Construction), focusing on substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, we operate as an engineering enterprise.
The company primarily caters to government entities and undertakings, constituting a significant portion of its customer base.
This includes various state and central government p
Safety Controls IPO Share Price
Issue Breakdown
Shareholding
Dilution: 43.4% increase in shares
Safety Controls IPO Financial Health
Safety Controls IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,56,000 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,56,000 |
| S-HNI (Min) | 4 | 4800 | ₹3,84,000 |
| S-HNI (Max) | 7 | 11200 | ₹8,96,000 |
| B-HNI (Min) | 8 | 12800 | ₹10,24,000 |
(All values in CR)
Safety Controls IPO Valuations
| Metric | Value |
|---|---|
| ROE | 21.17 |
| ROCE | 33.73 |
| Debt/Equity | 0.72 |
| RoNW | 15.65 |
| PAT Margin | 12.64 |
| EBITDA Margin | 24.04 |
| Price to Book Value | 2.03 |
(All values in CR)
Safety Controls IPO Strength & Risk
- Strong revenue growth with sharp increase in topline, indicating expanding business demand
- Healthy profitability with decent margins, ROE, and improving earnings trend
- Operates in power infrastructure, EPC, and renewable-related segments benefiting from government spending
- IPO proceeds focused on business expansion, working capital, and debt reduction rather than promoter exit
- Consistent financial improvement with profits showing significant growth
- SME IPO category brings higher risk due to low liquidity and price volatility
- High minimum investment leads to concentration risk for retail investors
- Dependence on government and large contracts may impact revenue stability
- Rising debt levels add financial risk if cash flows weaken
- Limited track record at current scale raises sustainability concerns
- Valuation clarity is limited due to lack of strong comparable peers
Safety Controls IPO Subscriptions Status
Safety Controls IPO subscribed 0.85 times. The public issue subscribed 0.57 times in the individual investors category, 0.31 times in QIB (Ex Anchor), and 2.26 times in the NII category by April 8, 2026 10:44:43 AM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 15,84,000 | 15,84,000 | 12.672 |
| QIB (Ex Anchor) | 0.31 | 12,00,000 | 3,74,400 | 2.995 |
| NII | 2.26 | 8,64,000 | 19,53,600 | 15.629 |
| bNII (> ₹10L) | 3.33 | 5,76,000 | 19,16,800 | 15.334 |
| sNII (< ₹10L) | 0.13 | 2,88,000 | 36,800 | 0.294 |
| Individual Investors | 0.57 | 20,48,000 | 11,64,800 | 9.318 |
| Total | 0.85 | 41,12,000 | 34,92,800 | 27.942 |
Safety Controls IPO GMP
Safety Controls SME IPO last GMP is ₹0, last updated Apr 8th 2026 09:55 AM. With the price band of 80.00, Safety Controls SME IPO's estimated listing price is ₹80 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 08 Apr, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 08 Apr, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 08 Apr, 2026 |
| 07 Apr, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 07 Apr, 2026 |
| 06 Apr, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 06 Apr, 2026 |
| 05 Apr, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 05 Apr, 2026 |
| 04 Apr, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 04 Apr, 2026 |
| 03 Apr, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 03 Apr, 2026 |
| 02 Apr, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 02 Apr, 2026 |
| 01 Apr, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 01 Apr, 2026 |
| 31 Mar, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 31 Mar, 2026 |
| 30 Mar, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 30 Mar, 2026 |
| 29 Mar, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 29 Mar, 2026 |
| 28 Mar, 2026 | 80 | ₹0 | - | ₹80 (0.00%) | - | 28 Mar, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Safety Controls IPO
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Go to IPO Section
Find Safety Controls IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.