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Safe Enterprises IPO vs Tirshil Algocomm Technologies IPO

Comparison between Safe Enterprises IPO and Tirshil Algocomm Technologies IPO.

IPO Details

Safe Enterprises IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tirshil Algocomm Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.

 Safe Enterprises IPOTirshil Algocomm Technologies IPO
LogoSafe Enterprises IPO LogoTirshil Algocomm Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Fast Track Finsec Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Kfin Technologies Ltd.
Market MakerHem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Safe Enterprises IPO is up to ₹161.13 Cr whereas the issue size of the Tirshil Algocomm Technologies IPO is up to ₹0.00 Cr. The final issue price of Safe Enterprises IPO is ₹138.00 per share and of Tirshil Algocomm Technologies IPO is .

 Safe Enterprises IPOTirshil Algocomm Technologies IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹131.00 per share
Issue Price (Upper)₹138.00 per share
Issue Price (Final)₹138.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1000 shares
Fresh Issue Size1,16,76,000 shares10,21,200 shares
Fresh Issue Size (Amount)up to ₹161.13 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,16,76,000 shares10,21,200 shares
Issue Size Total (Amount)up to ₹161.13 Crup to ₹0.00 Cr

IPO Timetable

Safe Enterprises IPO opens on Jun 20, 2025, while Tirshil Algocomm Technologies IPO opens on . The closing date of Safe Enterprises IPO and Tirshil Algocomm Technologies IPO is Jun 24, 2025, and , respectively.

 Safe Enterprises IPOTirshil Algocomm Technologies IPO
Anchor Bid DateJun 19, 2025
Issue OpenJun 20, 2025
Issue CloseJun 24, 2025
Basis Of Allotment (Tentative)Jun 25, 2025
Initiation of Refunds (Tentative)Jun 26, 2025
Credit of Share (Tentative)Jun 26, 2025
Listing date (Tentative)Jun 27, 2025
Anchor Lockin End date 1Jul 26, 2025
Anchor Lockin End date 2Sep 24, 2025

Financials & KPIs

Safe Enterprises IPO P/E ratio is 12.08, as compared to Tirshil Algocomm Technologies IPO P/E ratio of .

 Safe Enterprises IPOTirshil Algocomm Technologies IPO
Financials

Safe Enterprises Retail Fixtures Limited Financial Information (Restated Consolidated)

Period Ended30 Mar 202531 Mar 2024
Assets101.9454.40
Total Income139.73101.38
Profit After Tax39.1923.09
Net Worth72.0828.99
Reserves and Surplus54.924.36
Total Borrowing0.000.00
Amount in ₹ Crore

Tirshil Algocomm Technologies Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets19.7720.497.615.98
Total Income19.1840.6766.9710.08
Profit After Tax1.931.880.350.1
Net Worth6.074.131.010.66
Reserves and Surplus3.211.2810.65
Total Borrowing1.591.413.780.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.18
Promoter Shareholding (Post-Issue)70.07
P/E Ratio12.08
Market Cap₹634.53 Cr.
ROE77.54%73.26%
ROCE69.10%54.09%
Debt/Equity0.34
EPS₹11.42
RoNW54.37%45.56%

Shares Offered

In the Safe Enterprises IPO Retail Individual Investors (RII) are offered 40,87,000 shares while in Tirshil Algocomm Technologies IPO retail investors are offered 40,87,000 shares. Qualified Institutional Buyers (QIB) are offered 23,36,000 shares in Safe Enterprises IPO and in Tirshil Algocomm Technologies IPO.

 Safe Enterprises IPOTirshil Algocomm Technologies IPO
Anchor Investor Reserveration35,01,000 shares
Market Maker Reserveration6,24,000 shares
QIB23,36,000 shares
NII17,52,000 shares
RII40,87,000 shares
Employee
Others
Total1,16,76,000 shares

Bids Received (Subscription)

Safe Enterprises IPO subscribed 14.70x in total, whereas Tirshil Algocomm Technologies IPO subscribed .

 Safe Enterprises IPOTirshil Algocomm Technologies IPO
QIB (times)34.31x
NII (times)12.51x
Big NII (times)
Small NII (times)
RII (times)4.44x
Employee (times)
Other (times)
Total (times)14.70x