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Safecure IPO vs Shree Refrigerations IPO

Comparison between Safecure IPO and Shree Refrigerations IPO.

IPO Details

Safecure IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shree Refrigerations IPO is a SME Bookbuilding proposed to list at BSE SME.

 Safecure IPOShree Refrigerations IPO
LogoSafecure IPO LogoShree Refrigerations IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersSun Capital Advisory Services Pvt.Ltd.Narnolia Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerMansi Share & Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Safecure IPO is up to ₹0.00 Cr whereas the issue size of the Shree Refrigerations IPO is up to ₹111.44 Cr. The final issue price of Safecure IPO is and of Shree Refrigerations IPO is ₹125.00 per share.

 Safecure IPOShree Refrigerations IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹119.00 per share
Issue Price (Upper)₹125.00 per share
Issue Price (Final)₹125.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares
Fresh Issue Size30,00,000 shares70,90,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹88.63 Cr
OFS Issue Size0 shares18,25,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹22.81 Cr
Issue Size Total0 shares89,15,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹111.44 Cr

IPO Timetable

Safecure IPO opens on , while Shree Refrigerations IPO opens on Jul 25, 2025. The closing date of Safecure IPO and Shree Refrigerations IPO is , and Jul 29, 2025, respectively.

 Safecure IPOShree Refrigerations IPO
Anchor Bid DateJul 24, 2025
Issue OpenJul 25, 2025
Issue CloseJul 29, 2025
Basis Of Allotment (Tentative)Jul 30, 2025
Initiation of Refunds (Tentative)Jul 31, 2025
Credit of Share (Tentative)Jul 31, 2025
Listing date (Tentative)Aug 01, 2025
Anchor Lockin End date 1Aug 29, 2025
Anchor Lockin End date 2Oct 28, 2025

Financials & KPIs

Safecure IPO P/E ratio is , as compared to Shree Refrigerations IPO P/E ratio of 23.81.

 Safecure IPOShree Refrigerations IPO
Financials

Safecure Services Limited Financial Information (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets39.937.3330.8928.8
Total Income15.5163.0647.7438.41
Profit After Tax1.525.593.931.46
Net Worth16.51159.336.9
Reserves and Surplus9.347.825.17.51
Total Borrowing15.3814.311.5112.66
Amount in ₹ Crore

Shree Refrigerations Ltd. Financial Information (Restated Consolidated)

Shree Refrigerations Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 17% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets185.60124.1194.32
Total Income99.1081.1950.90
Profit After Tax13.5511.532.57
EBITDA26.9424.3811.90
Net Worth114.7460.7245.22
Reserves and Surplus109.1355.8221.25
Total Borrowing39.7336.8032.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.3356.6
Promoter Shareholding (Post-Issue)44.59
P/E Ratio23.81
Market Cap₹445.38 Cr.
ROE37.82%15.44%
ROCE28.31%23.22%
Debt/Equity0.950.37
EPS₹5.25
RoNW37.82%15.44%

Shares Offered

In the Safecure IPO Retail Individual Investors (RII) are offered while in Shree Refrigerations IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Safecure IPO and 17,82,000 shares in Shree Refrigerations IPO.

 Safecure IPOShree Refrigerations IPO
Anchor Investor Reserveration26,73,000 shares
Market Maker Reserveration4,71,000 shares
QIB17,82,000 shares
NII13,38,000 shares
RII31,22,000 shares
Employee0 shares
Others
Total89,15,000 shares

Bids Received (Subscription)

Safecure IPO subscribed in total, whereas Shree Refrigerations IPO subscribed 187.55x.

 Safecure IPOShree Refrigerations IPO
QIB (times)167.32x
NII (times)197.01x
Big NII (times)214.75x
Small NII (times)158.70x
RII (times)195.05x
Employee (times)
Other (times)
Total (times)187.55x