The Emiac Technologies IPO GMP (Grey Market Premium) reflects the current demand for the company’s…
Safety Controls IPO GMP Day-1: Grey Market Premium
The Safety Controls IPO is a ₹48 crore book-built issue, consisting entirely of a fresh issue of shares. It opens on April 6, 2026, and closes on April 8, 2026. The allotment is expected on April 9, 2026, with listing on BSE SME likely on April 13, 2026.
The price band is ₹75–₹80 per share with a lot size of 1,600 shares. Retail investors need a minimum investment of ₹2.56 lakh (2 lots), while HNI investors must invest at least ₹3.84 lakh (3 lots).
Sobhagya Capital Options Pvt. Ltd. is the lead manager, and Maashitla Securities Pvt. Ltd. is the registrar.
Safety Controls IPO GMP
| Date | IPO GMP | GMP Trend | Gain |
|---|---|---|---|
| 6 April | ₹- | – | -% |
| 4 April | ₹- | – | -% |
| 3 April | ₹- | – | -% |
| 2 April | ₹- | – | -% |
| 1 April | ₹- | – | -% |
Grey Market Trend
So far, no GMP movement has been recorded in the days leading up to the IPO. This flat trend indicates uncertain or weak initial sentiment among grey market participants.
Safety Controls IPO Details
| IPO Open Date | April 6, 2026 |
| IPO Close Date | April 8, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹75 to ₹80 Per Share |
| Issue Size | Approx ₹48 Crores |
| Fresh Issue | Approx ₹48 Crores |
| Issue Type | Book build Issue |
| IPO Listing | BSE SME |
About the Company
Safety Controls and Devices Limited, established in 2015, provides end-to-end engineering and EPC services. The company is involved in projects such as substations, solar power systems, firefighting setups, and healthcare infrastructure. It primarily serves government bodies and energy sector clients, handling everything from design to installation and commissioning.
Safety Controls IPO Dates
| IPO Open Date: | April 6, 2026 |
| IPO Close Date: | April 8, 2026 |
| Basis of Allotment: | April 9, 2026 |
| Refunds: | April 10, 2026 |
| Credit to Demat Account: | April 10, 2026 |
| IPO Listing Date: | April 13, 2026 |
Important Note for Investors
Grey market premium is only an unofficial indicator based on demand and market sentiment. It is not regulated and can change quickly. Investors should avoid relying solely on GMP and instead evaluate the company’s fundamentals, financials, and long-term growth potential before applying.
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