| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹4.00 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹4.00 Cr |
| Fresh Issue | ₹3.80 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹10.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543461 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
![]() ₹0 A/C OpeningFree MF ₹20F&O Trade ₹0Delivery 1Cr+Customers Open Free Account → |
![]() ₹0 A/C Opening₹0 AMC Trading Account ₹20F&O Trade ₹20Delivery FreeIPO Apply Open Free Account → |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 10,000 shares and in multiples thereof
Established on 2012, Safa Systems & Technologies is engaged in the business of distributorship of consumer durable products like Mobile phones, Mobile phone accessories, Tablets, LED TVs, Home appliances and wearable devises of various brands like Xiaomi, OPPO, TECNO, Micromax, One Plus in Kerala. The company works in B2B (Business to Business) model.
The company has strict quality regulations and has been also awarded with ISO 9001:2015 quality certifications. Recently, the company has taken an office in Mumbai as a part of its expansion plans to grow their presence into other regions of the country.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet working capital requirement | 3.21 |
| 2 | Public issue expenses | 0.50 |
| 3 | General corporate purpose | 0.30 |
| Period Ended | 07 Oct 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 44.68 | 48.93 | 40.27 | 38.81 |
| Total Income | 145.19 | 208.66 | 255.23 | 255.74 |
| Profit After Tax | 0.27 | 0.29 | 0.31 | 0.36 |
| EBITDA | 1.67 | 2.33 | 3.20 | 2.26 |
| NET Worth | 8.44 | 8.44 | 8.44 | 8.17 |
| Total Borrowing | 29.21 | 29.00 | 25.56 | 20.41 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| RoNW | 3.48% |
| EBITDA Margin | 1.12% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| P/E (x) | 29.41 | |
| Promoter Holding | 100% | 73.47% |
| Market Cap | ₹15.08 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including other intermediaries’ fees | 0.24 |
| 2 | Advertising and Marketing Expenses | 0.03 |
| 3 | Regulators Including Stock Exchanges | 0.21 |
| 4 | Printing and distribution of Issue Stationary | 0.02 |
Last Updated on 13-May-2026 10:31:37