Fixed Price IPO | ₹31 Cr | Listed at BSE SME | Wed, Oct 29, 2025 - Fri, Oct 31, 2025
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 started from Oct 29, 2025 and ended on Oct 31, 2025. The allotment for Safecure IPO was finalized on Nov 3, 2025. The shares got listed on BSE SME on Nov 6, 2025.
Safecure IPO price is ₹102 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 (2,400 shares) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Oct 29, 2025
IPO Close
Fri, Oct 31, 2025
Issue Price
₹102 per share
Market Cap (Pre-IPO)
₹102.41 Cr
| IPO Date | 29 to 31 Oct, 2025 |
| Listed on | Thu, Nov 6, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹102 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 30,00,000 shares (agg. up to ₹31 Cr) |
| Reserved for Market Maker | 1,50,000 shares Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 28,50,000 shares (agg. up to ₹29 Cr) |
| Net Offered to Public | 28,50,000 shares (agg. up to ₹29 Cr) |
| Share Holding Pre Issue | 70,40,000 shares |
| Share Holding Post Issue | 1,00,40,000 shares |
| BSE Script Code | 544596 |
| ISIN | INE0SVZ01015 |
Safecure IPO comprises a total issue size of 30,00,000 shares. The net offer to the public is 28,50,000 shares, after excluding 1,50,000 shares allotted on a firm basis. Of the Net offer 14,24,400 (49.98%) allocated to NII 14,25,600 (50.02%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 14,24,400 | 49.98% | 47.48% |
| Retail Shares Offered | 14,25,600 | 50.02% | 47.52% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,50,000 | 5.00% | |
| Total Shares Offered | 30,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| 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 |
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 | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.75 | 7.92 |
| P/E (x) | 11.66 | 12.88 |
| Promoter Holding | 94.33% | 66.14% |
| Market Cap | ₹102.41 Cr. |
The Safecure IPO is subscribed 1.81 times on October 31, 2025 5:04:41 PM (Day 3). The public issue subscribed 3.31 times in the individual investors category, [.] times in the QIB category, and 0.32 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 0.32 | 14,24,400 | 4,54,800 | 0 |
| Individual Investor | 3.31 | 14,25,600 | 47,13,600 | 0 |
| Total | 1.81 | 28,50,000 | 51,68,400 | 2,064 |
Total Application : 2,064
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Lead Manager including underwriting commission | 0.58 |
| 2 | Advertising and marketing expenses | 0.15 |
| 3 | Fees to the Registrar to the Issue | 0.01 |
| 4 | Fees Payable to Legal Advisors | 0.06 |
| 5 | Fees payable to the Regulators including Stock Exchange | 0.05 |
| 6 | Printing and distribution of Issue stationary | 0.02 |
| 7 | Commission/processing fee for SCSBs, Sponsor Banks and Banker to the Issue | 0.03 |
| 8 | Brokerage, commission and selling commission, Registered Brokers, RTAs and DPs | 0.03 |
| 9 | Expenses and fees payable for marketing & distribution, Underwriting, Market Making etc. | 3.83 |
| 10 | Expenses and fees payable for Peer Reviewed Auditor | 0.03 |
| 11 | Others Expenses including out of pocket and other certifications etc. | 0.08 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹102.00 |
| Open | ₹81.60 |
| Low | ₹77.55 |
| High | ₹81.60 |
| Last Trade | ₹77.55 |
Lead Manager Reports
Safecure IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹31 Crores. The issue is priced at ₹102 per share. The minimum order quantity is 1200.
The IPO opens on Wed, Oct 29, 2025, and closes on Fri, Oct 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 Wed, Oct 29, 2025 and closes on Fri, Oct 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 Tue, Nov 4, 2025. Check the Safecure IPO allotment status.
The Safecure IPO listing date is on Thu, Nov 6, 2025.
