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Allotment

Safe Enterprises Retail Fixtures Limited

Safe Enterprises Limited launched a book-built IPO to raise ₹169.74 crore through a fresh issue of 1.23 crore shares. The IPO was open for bidding from June 20 to June 24, 2025, with allotment finalized on June 25, 2025. The company’s shares were subsequently listed on the NSE SME platform on June 27, 2025.

The IPO price band was set at ₹138 per share, with a lot size of 1,000 shares per application. Retail investors were required to invest a minimum of ₹1,38,000 for one lot, while High Net Worth Investors (HNI) needed to apply for a minimum of 2 lots (2,000 shares), amounting to ₹2,76,000.

Key Participants

Book Running Lead Manager: Hem Securities Ltd.

Registrar: Maashitla Securities Pvt. Ltd.

Market Maker: Hem Finlease Pvt. Ltd.

The IPO offered investors an opportunity to participate in the growth of Safe Enterprises Limited, a company with strong market presence and operational capabilities in its sector.

Safe Enterprises Retail Fixtures Limited IPO & Charts
₹138

0%

Open

₹138

HIgh - Low

₹138

Previous Close

₹138

Total Traded Value

0

52 Weeks High

₹138

52 Weeks Low

₹138

Updates On

Jun 15, 2025

IPO. Open

Jun 20, 2026

IPO. Close

Jun 24, 2026

IPO. Price

₹138.00

IPO Market price

₹634.53 Cr

IPO Details

IPO Date 27 Jun
IPO Listing Date 27 Jun
IPO Face Value ₹5 per share
IPO Price Range ₹138.00
IPO Issue Size 1,23,00,000 shares
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing NSE SME Platform
Share Holding Pre Issue 3,43,04,478 shares

IPO Timeline

IPO Open Date 20 Jun
IPO Close Date 24 Jun
IPO Allotment (Tentative) 25 Jun
Refunds 26 Jun
Credit to Demat Account 26 Jun
IPO Listing Date 27 Jun

IPO Reservation

Category Offer
QIB Shares Offered 58,37,000 Shares
NII (HNI) Shares Offered 17,52,000 Shares
Retail Shares Offered 40,87,000 Shares

IPO Lot Size

Investors can bid for a minimum of 1,000 shares, with additional bids in multiples of 1,000 shares.

Application Lots Share Amount
Retail (Min) 1 1,000 ₹1,38,000
Retail (Max) 1 1,000 ₹1,38,000
S-HNI (Min) 2 2,000 ₹2,76,000
S-HNI (Max) - - -
B-HNI (Min) - - -
About Company

Incorporated in 1976, Safe Enterprises Retail Fixtures Limited specializes in the design, manufacture, supply, and installation of shop fittings and retail fixtures. The company offers a wide range of customized solutions across various retail segments, including fashion, electronics, grocery, and department stores. Its services cover the entire shop-fitting lifecycle—from design and merchandising solutions to installation—helping retailers optimize display, placement, storage, and safety.

Products & Services
Safe Enterprises provides an extensive portfolio of fixtures and retail solutions, including:

Gondola Shelving: Modular shelves for supermarkets

Checkout Counters: Ergonomic designs to enhance customer experience

Display Racks & Stands: Customizable solutions for fashion, electronics, and FMCG

Mannequins & Visual Merchandising Displays: Modern solutions for store aesthetics and branding

Storage & Backroom Fixtures: High-capacity shelving for stockrooms

Custom Fixture Design & Innovative Solutions: Personalized and creative designs that combine functionality with aesthetics and adapt to evolving retail trends

Operations & Market Presence
The company operates three manufacturing units, two in Mumbai and one in Thane, Maharashtra. It has franchisees in Navi Mumbai and Hyderabad and distributors in Dubai and Kansas City. Products are sold across over 25 states and union territories, with Maharashtra contributing the largest share of revenue, followed by Karnataka and Gujarat. As of October 31, 2024, the company employed 15 designers in its dedicated design team.

Competitive Strengths

In-house manufacturing capabilities ensuring quality and customization

Established relationships with clients across India and abroad

Experienced senior management supported by a skilled design and development team

Strong focus on consumer experience, fostering long-term brand loyalty

-

Company Financials (Consolidated)

Assets 101.94 54.4 -
Total Income 139.73 101.38 -
Profit After Tax 39.19 23.09 -
EBITDA - - -
NET Worth 72.08 28.99 -
Reserves and Surplus 54.92 4.36 -
Total Borrowing - - -

Key Performance Indicator (KPI)

ROE 77.54%
ROCE 69.10%
Debt/Equity -
RoNW 54.37%
PAT Margin 28.33%
EBITDA Margin 19.79%
Price to Book Value 6.57
IPO Objective

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 30
3 To meet out the General Corporate Purposes; 35.91
4 Offer for Sale (OFS) -

Contact Details

Safe Enterprises Retail Fixtures Ltd. Address
Plot No. D-372
TTC MIDC Industrial Area,
MIDC Kukshet Village, Sanpada,
Thane, Maharashtra, 400703
+917021883016
compliance@safeenterprises.com

Custom Fixtures

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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