Safety Controls IPO Listing 2026 – Allotment, Demat Credit & BSE SME Debut

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.

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Sobhagya Capital Options Pvt. Ltd. is acting as the book running lead manager, while Maashitla Securities Pvt. Ltd. is the registrar to the issue.

Safety Controls IPO Listing Details

About Company

Incorporated in June 2015, Safety Controls and Devices Limited is an engineering company based in Lucknow, Uttar Pradesh, specializing in EPC (Engineering, Procurement, and Construction) services. It focuses on substations, solar plants, firefighting systems, and hospital projects for the Ministry of Ayush, with a strong client base comprising government entities, power utilities, private power companies, and renewable energy developers.

The company operates 19 substations and is expanding into utility-scale solar projects and EV charging infrastructure. With over 30 years of turnkey project experience, it is AOC Middle East LLC certified and ISO 9001:2015 compliant. As of September 30, 2025, it had 75 permanent employees, and its key strengths include strong government relationships, reliable OEM partnerships, centralized operations, and an experienced management team.