Safecure Services Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on January 2, 2025 to raise funds through Initial Public Offer (IPO).
Safecure Services Ltd. IPO is a Fixed Price Issue
The equity shares are proposed to be listed on the BSE SME. Sun Capital Advisory Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Safecure IPO DRHP for more details.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | |
Lot Size | |
Sale Type | Fresh Capital |
Issue Type | Fixed Price IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 70,40,000 shares |
Investor Category | Shares Offered |
---|---|
Retail Shares Offered | 50% of the Net Issue |
NII Shares Offered | 50% of the Net Issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Thu, Jan 2, 2025 |
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 October 31, 2024, the company has 1,834 employees on the payroll to look after the day-to-day business operations.
Competitive Strengths:
Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 39.9 | 37.33 | 30.89 | 28.8 |
Total Income | 15.51 | 63.06 | 47.74 | 38.41 |
Profit After Tax | 1.52 | 5.59 | 3.93 | 1.46 |
Net Worth | 16.51 | 15 | 9.33 | 6.9 |
Reserves and Surplus | 9.34 | 7.82 | 5.1 | 7.51 |
Total Borrowing | 15.38 | 14.3 | 11.51 | 12.66 |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 37.82% |
ROCE | 28.31% |
Debt/Equity | 0.95 |
RoNW | 37.82% |
PAT Margin | 9.03% |
The Company Safecure Services IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Millions) |
---|---|---|
1 | Repayment / pre-payment, in full or part, of certain borrowings availed by the Company | 70 |
2 | Part Funding Working Capital requirements of the Company | 130 |
3 | General corporate purposes |
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 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Safecure IPO open and close dates are not available as of now.
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 dates are not announced. Please check back again after some time.
Safecure IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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 [.], and the allotted shares will be credited to your demat account by [.]. Check the Safecure IPO allotment status.
The Safecure IPO listing date is not yet announced. The tentative date of Safecure IPO listing is [.].
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