Minimum Investment
About Company
Company Name: Safety Controls & Devices Limited
Industry / Sector: Electrical Infrastructure & Renewable Energy EPC
Founded Year: 2015
Promoters: Rajnish Chopra, Anjali Chopra, Abhishek Chopra
Safety Controls & Devices Limited is an EPC company specializing in electrical infrastructure projects, including substation installation, solar power plants, firefighting systems, and hospital electrification. It primarily works with government utilities, power companies, and renewable energy developers. The company has executed multiple projects across India and holds ISO 9001:2015 certification.
IPO Basic Details
| Company Name | Safety Controls & Devices Limited |
| IPO Type | SME IPO |
| Price Band | ₹75 – ₹80 |
| Lot Size | 1600 |
| Total Issue Size | ₹32.90 Cr (41,12,000 shares) |
IPO Strengths & Risks
Strengths
- Strong execution capability in electrical infrastructure
- Experienced team in government projects
- Growing presence in renewable energy
- Quality and safety compliance focus
Risks
- Dependence on government tenders
- Project delay and execution risks
- Working capital intensive
- Competition in EPC segment
IPO Important Dates
| IPO Open Date | 06 Apr 2026 |
| IPO Close Date | 08 Apr 2026 |
| Basis of Allotment | 09 Apr 2026 |
| Refund Initiation | 10 Apr 2026 |
| Demat Credit Date | 10 Apr 2026 |
| Listing Date | 13 Apr 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Remaining amount
Investor Reservation
| QIB Quota | 46.67% |
| Retail Quota | 33.70% |
| HNI Quota | 14.44% |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 lots | 3200 | ₹2,56,000 |
| Retail Maximum | 2 lots | 3200 | ₹2,56,000 |
| S-HNI Minimum | 3 lots | 3600 | ₹3,52,800 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 8 lots | 9600 | ₹9,40,800 |
Key Performance Indicators (KPI)
| ROE | 21.17% (31 Jan 2026) |
| ROCE | 33.73% (31 Jan 2026) |
| RoNW | - |
| PAT Margin | 12.64% (31 Jan 2026) |
| EBITDA Margin | 24.04% (31 Jan 2026) |
| EPS | ₹6.50 (pre-IPO) |
| NAV per share | - |
| Debt to Equity | 0.72 (31 Jan 2026) |
| P/E Ratio | 12.3x (pre-IPO) |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 31 Mar 2025 | ₹120.28 Cr | ₹103.50 Cr | ₹8.99 Cr | ₹17.27 Cr | ₹42.17 Cr | ₹33.84 Cr |
| 31 Jan 2026 | ₹164.41 Cr | ₹68.51 Cr | ₹8.52 Cr | ₹16.21 Cr | ₹54.47 Cr | ₹39.18 Cr |
Grey Market Premium
| GMP Price | ₹0 (flat) |
| Kostak Rate | N/A |
| Subject to Sauda | N/A |
| Last Updated | Apr 2026 |
| Estimated Listing Price | ₹80 (flat expected) |
IPO Subscription Data
| Total Subscription | 0.33x (as of 06 Apr 2026, Day 1, 6:54:41 PM) |
| QIB (Ex Anchor) | 0.21x |
| HNI Subscription | 0.18x |
| Retail Subscription | 0.46x |
| Anchor | 1.00x (fully subscribed, ₹12.672 Cr) |
IPO Intermediaries
Registrar: Maashitla Securities Pvt. Ltd.
Registrar Website: https://maashitla.com
IPO Lead Manager(s)
Company Information
Address: C-43/28/1, Nawal Kishore Road, Hazratganj, Lucknow, Uttar Pradesh 226001
Website: https://www.safetygroup.in/
Email: cs@safetygroup.in
Phone: +91 522 402 6070
IPO Documents
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