
Safecure IPO is a fixed price issue of ₹30.60 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹30.60 crore.
Safecure IPO bidding opened for subscription on Oct 29, 2025 and will close on Oct 31, 2025. The allotment for the Safecure IPO is expected to be finalized on Nov 3, 2025. Safecure IPO will list on BSE SME with a tentative listing date fixed as Nov 6, 2025.
Safecure IPO price is ₹102.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,44,800.00 (2,400 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,67,200.
Sun Capital Advisory Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to Safecure IPO DRHP for detailed Information.
| IPO Date | October 29, 2025 to October 31, 2025 |
| Listing Date | November 6, 2025 |
| Face Value | ₹10 per share |
| Issue Price Final | ₹102 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹30.60 Cr) |
| Reserved for Market Maker | 1,50,000 shares Giriraj Stock Broking Pvt.Ltd. (aggregating up to ₹1.53 Cr) |
| Net Offered to Public | 28,50,000 shares (aggregating up to ₹29.07 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 70,40,000 shares |
| Share Holding Post Issue | 1,00,40,000 shares |
Safecure IPO offers total 30,00,000 shares. Out of which 14,24,400 (47.48%) allocated to NII 14,25,600 (47.52%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,50,000 (5.00%) |
| NII (HNI) Shares Offered | 14,24,400 (47.48%) |
| Retail Shares Offered | 14,25,600 (47.52%) |
| Total Shares Offered | 30,00,000 (100.00%) |
Safecure IPO opens on October 29, 2025, and closes on October 31, 2025.
| IPO Open Date | Wed, Oct 29, 2025 |
| IPO Close Date | Fri, Oct 31, 2025 |
| Tentative Allotment | Mon, Nov 3, 2025 |
| Initiation of Refunds | Tue, Nov 4, 2025 |
| Credit of Shares to Demat | Tue, Nov 4, 2025 |
| Tentative Listing Date | Thu, Nov 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 31, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,44,800 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,44,800 |
| HNI (Min) | 3 | 3,600 | ₹3,67,200 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2012, Safecure Services Limited is engaged in the business of prominent security and facility management company. The company specializes in private security, e-surveillance, facility management, and corporate interior fit-out services across India.
Over the years, Safecure has expanded its operations across India, serving a diverse clientele that includes private and public sector entities, financial institutions, multinational corporations, and various industries.
The company maintains a uniform recruitment and training policy to ensure high-quality services and is recognized as a professional security firm with a reputation for excellence.
The company’s headquarters is in Mira Road, Thane, with 12 offices across India, covering 12 districts, ensuring focused, high-quality, and customized service delivery to customers.
Services:
As on August 31, 2025, the company has 1,849 employees on the payroll to look after the day-to-day business operations.
Competitive Strengths:
Safecure Services Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 8% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 54.61 | 53.07 | 37.48 | 30.94 |
| Total Income | 18.36 | 73.27 | 63.06 | 47.74 |
| Profit After Tax | 1.99 | 6.16 | 5.69 | 3.98 |
| EBITDA | 12.43 | 11.36 | 9.09 | |
| NET Worth | 22.94 | 20.93 | 15.00 | 9.33 |
| Reserves and Surplus | 16.17 | 14.16 | 8.12 | 7.62 |
| Total Borrowing | 19.52 | 20.55 | 14.30 | 11.51 |
| Amount in ₹ Crore | ||||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 28.86% |
| ROCE | 22.48% |
| Debt/Equity | 0.98 |
| RoNW | 28.86% |
| PAT Margin | 8.26% |
| EBITDA Margin | 17.00% |
| Price to Book Value | 4.79 |
| Market Capitalization | 102.41 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 8.75 | 7.92 |
| P/E (x) | 11.66 | 12.88 |
The Company Safecure IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Repayment / pre-payment, in full or part, of certain borrowings availed by the Company | 4.75 |
| 2 | Repayment / pre-payment, in full or part, of certain borrowings availed by our wholly owned subsidiary (by providing loans and advances by the Company) | 3.50 |
| 3 | General corporate purposes | 4.50 |
| 4 | Funding Working Capital requirements of the Company | 13.00 |
[Dilip Davda] SSL is primarily engaged in providing services relating to private securities, e-surveillance, facility management, corporate interior fit outs, etc. in India. It marked growth in its top and bottom lines for the reported periods. Outperforming industry standards with super profits from FY24 onwards raises eyebrows and concern over its sustainability going forward. Around 16% spending for IPO process indicates fully structured mode of the issue. Based on its recent financial data, the issue appears fully priced. There is no harm in skipping this pricey and dicey “High Risk/Low Return” IPO. Read detail review...
| Listing Date | November 6, 2025 |
| BSE Script Code | 544596 |
| NSE Symbol | |
| ISIN | INE0SVZ01015 |
| Final Issue Price | ₹102 per share |
| BSE Listing Group | M (Rolling) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹102.00 |
| Open | ₹81.60 |
| Low | ₹77.55 |
| High | ₹81.60 |
| Last Trade | ₹77.55 |
Safecure Services Ltd.
Office No. 5, 5th Floor, Building No 6 Old 9,12,14
News No 62, 66, 69, Opp Pleasant Park, Mira Road,
Behind Jhankar
Thane, Maharashtra, 401107
Phone: +91 99678 81047
Email: secretarial@safecure.in
Website: https://safecure.in/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: safecure.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Safecure IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹30.60 Crores. The issue is priced at ₹102 per share. The minimum order quantity is 1200.
The IPO opens on October 29, 2025, and closes on October 31, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Safecure IPO using UPI as a payment gateway. Zerodha customers can apply in Safecure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Safecure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Safecure IPO opens on October 29, 2025 and closes on October 31, 2025.
Safecure IPO lot size is 1200, and the minimum amount required for application is ₹2,44,800, with 2 lots being the minimum application size.
You can apply in Safecure IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Safecure IPO will be done on Monday, November 3, 2025, and the allotted shares will be credited to your demat account by Tuesday, November 4, 2025. Check the Safecure IPO allotment status.
The Safecure IPO listing date is on Thursday, November 6, 2025.
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