| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹169.74 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹169.74 Cr |
| Fresh Issue | ₹161.13 Cr |
| Face Value | โน5 Per Equity Share |
| Price Band | โน131.00-138.00 per share |
| Discount | Retail: 0.00,Employee: 0.00,ShareHolder: 0.00 |
| NSE Code | SAFEENTP |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers |
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: 1,000 shares and in multiples thereof
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:
The company offers the following products & services.
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit. | 65.89 |
| 2 | Investment in the Subsidiary, Safe Enterprises Retail Technologies Pvt.Ltd. for financing its capital expenditure requirements in relation towards installation of additional plant and machinery | 6.99 |
| 3 | To Meet Working Capital Requirements of the Company | 30.00 |
| 4 | Investment in the subsidiary Safe Enterprises Retail Technologies Pvt.Ltd. to meet working capital requirements | 10.00 |
| 5 | General Corporate Purposes | 35.91 |
| 6 | Issue Expenses | 20.95 |
| Total | 169.74 |
| Period Ended | 30 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 101.94 | 54.40 |
| Total Income | 139.73 | 101.38 |
| Profit After Tax | 39.19 | 23.09 |
| NET Worth | 72.08 | 28.99 |
| Reserves and Surplus | 54.92 | 4.36 |
| Amount in ₹ Crore | ||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 77.54% |
| ROCE | 69.10% |
| RoNW | 54.37% |
| PAT Margin | 28.33% |
| EBITDA Margin | 19.79% |
| Price to Book Value | 6.57 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 11.42 | 8.52 |
| P/E (x) | 12.08 | 16.19 |
| Promoter Holding | 95.18% | 70.07% |
| Market Cap | โน634.53 Cr. | |