Safety Controls & Devices IPO Details
Safety Controls & Devices IPO Summary
Safety Controls & Devices IPO opens for subscription on 06 Apr 2026 and closes on 08 Apr 2026.The IPO will be listed on BSE with the tentative listing date set for 13 Apr 2026.
Safety Controls & Devices IPO price band has been fixed at ₹75 – ₹80 per share. The face value is ₹10 per share with a lot size of 1600.
Safety Controls & Devices IPO total issue size comprises 60,00,000 shares (aggregating up to ₹48.00 Cr). This includes a fresh issue of 60,00,000 shares (aggregating up to ₹48.00 Cr). Pre-issue shareholding stands at 1,38,26,999, which will increase to 1,98,26,999 post-issue.
Safety Controls & Devices IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Safety Controls & Devices IPO Lot Size :Individual Minimum is 2 lots (3,200 shares) amounting to ₹256,000. Individual Maximum is 2 lots (3,200 shares) amounting to ₹256,000. SHNI Minimum is 3 lots (4,800 shares) amounting to ₹384,000. SHNI Maximum is 7 lots (11,200 shares) amounting to ₹896,000. BHNI Minimum is 8 lots (12,800 shares) amounting to ₹1,024,000.
Safety Controls & Devices IPO Details
Safety Controls & Devices IPO Subscription
Safety Controls & Devices IPO Application Wise Breakup
Safety Controls & Devices IPO Dates
- 06 Apr 2026Opening dateOpen
- 08 Apr 2026Closing dateClose
- 09 Apr 2026Allotment Date Allotment
- 10 Apr 2026Initiation of RefundsRefund
- 10 Apr 2026Credit of SharesCredit
- 13 Apr 2026Listing dateListing
Safety Controls & Devices IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 3200 | ₹256,000 |
| Individual Maximum | 2 | 3200 | ₹256,000 |
| SHNI Minimum | 3 | 4800 | ₹384,000 |
| SHNI Maximum | 7 | 11200 | ₹896,000 |
| BHNI Minimum | 8 | 12800 | ₹1,024,000 |
Safety Controls & Devices IPO Reservation
Promoter Holding
Documents
Safety Controls & Devices IPO Valuations
Safety Controls & Devices Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 120.28 | 74.99 | 66.36 |
| Total Income | 103.50 | 45.70 | 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 |
| Amount in ₹ Crore | |||
About Safety Controls & Devices IPO
Safety Controls and Devices Limited, incorporated in June 2015, is an engineering, procurement, and construction (EPC) company specializing in the execution of infrastructure projects across substations, solar power plants, firefighting systems, and healthcare facilities, including projects for the Ministry of AYUSH. The company is headquartered in Lucknow, Uttar Pradesh.
The company primarily caters to government entities and public sector undertakings, which constitute a significant portion of its customer base. Its clientele includes state and central government power utilities, private power sector companies, and renewable energy developers.
Safety Controls and Devices Limited has established capabilities in executing EPC projects related to power infrastructure and allied sectors. The company currently operates 19 substations and is expanding its presence in utility-scale solar projects and electric vehicle (EV) charging infrastructure.
The company has extensive experience in executing turnkey projects and has built a track record of delivering projects across multiple infrastructure segments.
The company adheres to quality standards and holds ISO 9001:2015 certification issued by AOC Middle East LLC.
As of September 30, 2025, Safety Controls and Devices Limited had a total workforce of 75 permanent employees.
Strength Of Safety Controls & Devices IPO
- Experienced Promoter and Management Team.
- Scalable Business Model.
- Wide and diverse range of product offerings.
- In-house manufacturing facility with equipped machines and processes. Further having in-house Quality Control and Research & Development facility.
Risk Of Safety Controls & Devices IPO
- The company's reliance on power sector, for a significant portion of its sales, combined with the challenges of managing a diversified portfolio across multiple industries, could adversely impact the company's revenue, operational efficiency, and overall business performance.
- The company's reliance on government contracts exposes the company to substantial risks, as any regulatory or policy changes could significantly impact project timelines, funding, and the company's ability to secure future contracts. These changes could adversely affect its business operations and financial performance.
- The Company's current operations extend beyond the safety-focused implication of its name, which may cause confusion or misrepresent the full scope of its diverse activities across sectors such as power transmission, solar energy and infrastructure development
- Substantial portion of its revenues has been dependent on few of the company's clients from which the company gets the majority of project on sub-contract basis. The loss of any one or more of the company's major clients would have a material adverse effect on its business operations and profitability.
- The company's contracts are primarily with the government entities. As a result, the working capital cycle is extended, with receivables taking more time to be collected from these entities. Intense competition in the EPC sector, driven by aggressive bidding and price sensitivity, can lead to reduced profit margins and the potential loss of critical contracts. Additionally, financial pressures from well-resourced competitors employing predatory pricing strategies may hinder sustainable business growth and profitability.
- Company has filed the Draft Red Herring Prospectus dated November 08, 2024 with the SME Exchange of NSE Limited. The proposed listing on EMERGE platform of the Exchange pursuant to Initial Public Offer was returned as per the `Exchange's Guidelines for returning of Draft Offer Documents filed with the Exchange for listing on NSE Emerge Platform.
- The company's Top 1, 3, 5 and 10 Suppliers contribute a significant portion of its raw material consumption during the current and previous financial years. Any dispute with one or more of them may adversely affect the company's business operations.
- The Company has negative cash flows in the past years from operating and investing activities, details of which are given below. Sustained negative cash flow could impact its growth and business.
- The Company requires a significant amount of working capital for a continuing growth. The company's inability to meet its working capital requirements may adversely affect the company's results of operations.
- The company's 100% revenues came from one state for the stub period January 31, 2026 and for the year ended March 31, 2025 and the financial year ended 31st March 2024, 2023. Any loss of business from one states may adversely affect its revenues and profitability.
Objectives Safety Controls & Devices IPO
1. Repayment/prepayment, in part or full of certain of the borrowings
2. Funding the Working Capital Requirements of the Company
3. General corporate purposes
Company Contact Details
Safety Controls & Devices Ltd.
C-43/28/1,
Nawal Kishore Road
Hazratganj,
Lucknow, Uttar Pradesh, 226001
Phone: +91 05224026070
Email: cs@safetygroup.in
Website: https://www.safetygroup.in/
Registrar Contact Details
Safety Controls & Devices FAQs
The Safety Controls & Devices IPO is a SME public issue comprising 6000000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹48.00 Cr. The issue price has been fixed at ₹80 per equity share, and the minimum application size is 1600 shares.
The IPO opens for subscription on 06 Apr 2026, and closes on 08 Apr 2026.
Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
Quick Links
Comments
