Safety Controls and Devices Limited Links 
Allotment
The Safety Controls IPO is a book-built issue aggregating to ₹48.00 crore, comprising entirely a fresh issue of 0.60 crore shares. The IPO will open for subscription on April 6, 2026, and close on April 8, 2026. The allotment is expected to be finalized on April 9, 2026, with the company likely to be listed on the BSE SME platform on April 13, 2026.
The issue has a price band of ₹75 to ₹80 per share, with a lot size of 1,600 shares. The minimum investment for retail investors is ₹2,56,000 (3,200 shares at the upper price), while HNI investors are required to apply for a minimum of 3 lots (4,800 shares), amounting to ₹3,84,000.
Sobhagya Capital Options Pvt. Ltd. is acting as the book running lead manager, while Maashitla Securities Pvt. Ltd. is the registrar to the issue.
₹80
0%
Open
₹80
HIgh - Low
₹80
Previous Close
₹80
Total Traded Value
0
52 Weeks High
₹80
52 Weeks Low
₹80
Updates On
March 30, 2026
IPO. Open
Apr 6, 2026
IPO. Close
Apr 8, 2026
IPO. Price
₹80.00
IPO Market price
To be declared
IPO Details
| IPO Date | 13 Apr |
| IPO Listing Date | 13 Apr |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹80.00 |
| IPO Issue Size | 60,00,000 shares |
| IPO Sale Type | Fresh capital only |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE SME Platform |
| Share Holding Pre Issue | 1,38,26,999 shares |
IPO Timeline
| IPO Open Date | 6 Apr |
| IPO Close Date | 8 Apr |
| IPO Allotment (Tentative) | 9 Apr |
| Refunds | 10 Apr |
| Credit to Demat Account | 10 Apr |
| IPO Listing Date | 13 Apr |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 35% of the Net Issue |
| Retail Shares Offered | Not less than 15% of the Net Issue |
IPO Lot Size
Investors are required to bid for a minimum of 3,200 shares, and bids can be placed in multiples of 1,600 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,56,000 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,56,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,84,000 |
| S-HNI (Max) | 7 | 11,200 | ₹8,96,000 |
| B-HNI (Min) | 8 | 12,800 | ₹10,24,000 |
Incorporated in June 2015, Safety Controls and Devices Limited is an engineering enterprise based in Lucknow, Uttar Pradesh, specializing in EPC (Engineering, Procurement, and Construction) services. The company focuses on substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush, primarily serving government entities and undertakings, which form a major portion of its customer base. Its clientele also includes various state and central government power utilities, private power companies, and renewable energy developers.
The company currently operates 19 substations and is expanding into utility-scale solar projects and electric vehicle charging stations. With a track record of turnkey project execution spanning 30 years, Safety Controls and Devices Limited is AOC Middle East LLC certified and ISO 9001:2015 compliant. As of September 30, 2025, the company employed 75 permanent staff members.
Competitive Strengths include a well-established association with government entities, strong relationships with Original Equipment Manufacturers (OEMs) and suppliers, a centralized approach to decision-making for raw material procurement, workforce deployment, and project execution, as well as experienced leadership and an efficient management team.
Company Financials (Consolidated)
| Assets | 120.28 | 74.99 | 66.36 |
| Total Income | 103.5 | 45.7 | 49.26 |
| Profit After Tax | 8.99 | 4.01 | 0.43 |
| EBITDA | 17.27 | 8.27 | 2.63 |
| Net Worth | 42.17 | 17.48 | 12.47 |
| Reserves and Surplus | 28.87 | 6.98 | 2.97 |
| Total Borrowing | 33.84 | 29.79 | 18.52 |
Key Performance Indicator (KPI)
| ROE | 30.14% |
| ROCE | 37.39% |
| Debt/Equity | 0.8 |
| RoNW | 21.32% |
| PAT Margin | 8.77% |
| EBITDA Margin | 16.84% |
| Price to book value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 31.5 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Safety Controls & Devices Ltd. Address
C-43/28/1,
Nawal Kishore Road
Hazratganj,
Lucknow, Uttar Pradesh, 226001
+91 05224026070
cs@safetygroup.in
https://www.safetygroup.in/
Detail Registrar
IPO Registrar
Maashitla Securities Pvt.Ltd.
+91-11-45121795-96
ipo@maashitla.com
https://maashitla.com/allotment-status/public-issues
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