Safety Controls & Devices Limited IPO — Upcoming SME IPO on BSE with Strong Growth Prospects

The Safety Controls & Devices Limited IPO is an upcoming book‑built issue set to hit the BSE SME platform this April 2026, offering investors an opportunity to participate in the growth of an established engineering services firm.

Safety Controls IPO Details

The company plans to raise ₹48.00 crore through a fresh issue of 0.60 crore shares, with the IPO opening for subscription on April 6, 2026 and closing on April 8, 2026. The allotment is expected to be finalized on April 9, 2026, and the shares are likely to be listed on the exchange on April 13, 2026.

The price band for the issue has been fixed at ₹75 to ₹80 per share, and the lot size is 1,600 shares. Retail investors must bid for a minimum of 3,200 shares, requiring an application amount of around ₹2,56,000 at the upper price. High‑net‑worth individuals (HNI) must apply for at least 3 lots (4,800 shares), amounting to approximately ₹3,84,000.

Safety Controls IPO Dates

About Company

Safety Controls and Devices Limited, incorporated in June 2015, is an engineering, procurement, and construction (EPC) company based in Lucknow, Uttar Pradesh. It specializes in substations, solar plants, firefighting equipment, and related construction services, primarily for government entities and utilities. With a track record of turnkey project execution spanning several decades and a presence across multiple infrastructure verticals, the company has been expanding into utility‑scale solar and EV charging stations, while also servicing key clients in power, energy, and government sectors.

The company has demonstrated strong financial growth in recent years — with revenue and profit after tax (PAT) increasing sharply — reflecting an expanding market presence and operational scale.

Sobhagya Capital Options Pvt. Ltd. is the book running lead manager for the issue, and Maashitla Securities Pvt. Ltd. is the registrar.

This IPO presents a chance for investors looking to diversify into SME‑listed engineering businesses with tangible growth potential and established operational capabilities.