| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹30.60 Cr |
| Reserved for Market Maker | ₹1.53 Cr |
| Net Issue Size | ₹30.60 Cr |
| Fresh Issue | ₹29.07 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹102.00 per share |
| BSE Code | 544596 |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Sun Capital Advisory Services... |
| Allotment Status | |
| DRHP |
| Final Prospectus |
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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: 2,400 shares · Multiples of 1,200 shares
Incorporated in 2012, Safecure Services Limited is engaged in the business of prominent security and facility management company. The company specializes in private security, e-surveillance, facility management, and corporate interior fit-out services across India.
Over the years, Safecure has expanded its operations across India, serving a diverse clientele that includes private and public sector entities, financial institutions, multinational corporations, and various industries.
The company maintains a uniform recruitment and training policy to ensure high-quality services and is recognized as a professional security firm with a reputation for excellence.
The company’s headquarters is in Mira Road, Thane, with 12 offices across India, covering 12 districts, ensuring focused, high-quality, and customized service delivery to customers.
Services:
As on August 31, 2025, the company has 1,849 employees on the payroll to look after the day-to-day business operations.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment / pre-payment, in full or part, of certain borrowings availed by the Company | 4.75 |
| 2 | Repayment / pre-payment, in full or part, of certain borrowings availed by wholly owned subsidiary (by providing loans and advances by the Company) | 3.50 |
| 3 | General Corporate Purposes | 4.50 |
| 4 | Funding working capital requirements of the Company | 13.00 |
| 5 | Issue expenses | 4.85 |
| Total | 30.60 |
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 54.61 | 53.07 | 37.48 | 30.94 |
| Total Income | 18.36 | 73.27 | 63.06 | 47.74 |
| Profit After Tax | 1.99 | 6.16 | 5.69 | 3.98 |
| EBITDA | 12.43 | 11.36 | 9.09 | |
| NET Worth | 22.94 | 20.93 | 15.00 | 9.33 |
| Reserves and Surplus | 16.17 | 14.16 | 8.12 | 7.62 |
| Total Borrowing | 19.52 | 20.55 | 14.30 | 11.51 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 28.86% |
| ROCE | 22.48% |
| Debt / Equity | 0.98% |
| RoNW | 28.86% |
| PAT Margin | 8.26% |
| EBITDA Margin | 17.00% |
| Price to Book Value | 4.79 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 8.75 | 7.92 |
| P/E (x) | 11.66 | 12.88 |
| Promoter Holding | 94.33% | 66.14% |
| Market Cap | ₹102.41 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Lead Manager including underwriting commission | 0.58 |
| 2 | Advertising and marketing expenses | 0.15 |
| 3 | Fees to the Registrar to the Issue | 0.01 |
| 4 | Fees Payable to Legal Advisors | 0.06 |
| 5 | Fees payable to the Regulators including Stock Exchange | 0.05 |
| 6 | Printing and distribution of Issue stationary | 0.02 |
| 7 | Commission/processing fee for SCSBs, Sponsor Banks and Banker to the Issue | 0.03 |
| 8 | Brokerage, commission and selling commission, Registered Brokers, RTAs and DPs | 0.03 |
| 9 | Expenses and fees payable for marketing & distribution, Underwriting, Market Making etc. | 3.83 |
| 10 | Expenses and fees payable for Peer Reviewed Auditor | 0.03 |
| 11 | Others Expenses including out of pocket and other certifications etc. | 0.08 |
Last Updated on 06-May-2026 10:40:02