Safe Enterprises Retail Fixtures Limited IPO
Safe Enterprises Retail Fixtures Limited IPO
SME NSE SME 100% Book Built Offer
Closed

Price Band

₹131 - ₹138

Total Issue

₹170 Cr

Bid Dates

20 Jun - 24 Jun

Subscription

14.70x

Listing Price

₹151 (9.42%)

Website RHP Check Allotment

Valuation

Market Cap

₹643.14 Cr

P/E Ratio

12.08x

P/B Ratio

6.57x

Safe Enterprises Retail IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Safe Enterprises Retail Fixtures Limited specializes in designing, manufacturing, supplying, and installing customized shop fittings and retail fixtures for sectors like fashion, electronics, and department stores. It provides end-to-end merchandising solutions—from concept design to installation—helping retailers address display, storage, and safety needs. Their offerings include innovative modular and electrified fittings that integrate with digital technologies such as LED lighting and digital screens, enhancing the functionality and appeal of retail spaces.

Safe Enterprises Retail IPO Lot Size

Lot Information for Safe Enterprises Retail IPO
Category Lots Shares Amount
Ind (Min) 1 1,000 ₹1,38,000
Ind (Max) 1 1,000 ₹1,38,000
S-HNI (Min) 2 2,000 ₹2,76,000
S-HNI (Max) 7 7,000 ₹9,66,000
B-HNI (Min) 8 8,000 ₹11,04,000
Allocate Funds
Market Maker
6,24,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Safe Enterprises Retail IPO Size

Total ₹170 Cr
Fresh Issue
₹170 Cr (1.23 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
  2. Capital investment in subsidiary for plant & machinery
  3. To Meet Working Capital Requirements of our Company & Subsidiary
  4. General Corporate Purpose

Safe Enterprises Retail IPO Live Subscription

Updated as on 24-Jun-2025 19:00:23 hrs

Category Sub (x) Offered Bids
QIB 34.31x 23,36,000 8,01,39,000
NII 12.51x 17,52,000 2,19,17,000
Retail 4.44x 40,87,000 1,81,38,000
Total 14.70x 81,75,000 12,01,94,000

Safe Enterprises Retail IPO Details Live GMP

GMP ₹5
Est. Price ₹143
Est. Gain 3.62%

Safe Enterprises Retail IPO Peer Comparison

(Rs. in crores)

Safe Enterprises Retail IPO Peer Comparison Table
Particulars Safe Enterprises Retail Fixtures Naman In-Store (India)
Revenue from Ops (in Crs.) 138.31 155.63
PAT (In Crs.) 39.19 6.28
EPS - Basic 11.42 5.34
NAV per share 21.01 60.75
RONW 54.37% 7.91%
EBITDA 37.67% 9.46%
PAT Margin 28.33% 4.03%
Price to earning (PE) 12.08 21.31
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 11, 2025 for Peers

Safe Enterprises Retail IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Safe Enterprises Retail IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 138.31 100.91 77.22
Profit after Tax 39.19 23.09 12.09
Net Worth 72.08 28.99 14.84
Total Borrowing 0.24 0.90 1.27
Total Assets 101.94 54.40 39.39
NAV per share (in ₹) 21.01 8.45 4.33
EPS - Basic (in ₹) 11.42 6.73 3.52

Key Performance Indicators (KPIs)

EBITDA

37.67%

PAT

28.33%

ROE

77.54%

ROCE

69.10%

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

95.19%

Public

4.81%

Saleem Merchant 23.78%
Mikdad Merchant 23.78%
Huzefa Merchant 23.78%
Munira Merchant 23.78%
Other Promoter 0.06%

Management

Saleem Merchant
Chairman & MD
Mikdad Merchant
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Safe Enterprises Retail Fixtures Limited

Address: Plot No. D-372, TTC MIDC Industrial Area, MIDC Kukshet Village, Sanpada, Thane - 400703, Maharashtra, India

Number:+91 7021883016

Email: compliance@safeenterprises.com

Website: www.safeenterprises.com

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Frequently Asked Questions (FAQs)

What is Safe Enterprises Retail IPO?
Safe Enterprises Retail IPO is a SME IPO having an issue size of ₹170 Crs. Safe Enterprises Retail IPO is priced at ₹131 - ₹138 per share. The issue opens on 20 Jun 25 and closes on 24 Jun 25.
When will Safe Enterprises Retail IPO open?
Safe Enterprises Retail IPO opens on 20 Jun 25 and closes on 24 Jun 25.
What is the GMP of Safe Enterprises Retail IPO?
The estimated Grey Market Premium of Safe Enterprises Retail IPO is ₹5 per share (3.62%).
What is the lot size of Safe Enterprises Retail IPO?
The minimum lot size of Safe Enterprises Retail IPO is 1000 shares & the minimum application amount is Rs. 138000.
When is the allotment of Safe Enterprises Retail IPO?
The allotment date of Safe Enterprises Retail IPO is 25 Jun 25.
What is the listing date of Safe Enterprises Retail IPO?
The listing date of Safe Enterprises Retail IPO is 27 Jun 25.
What is the subscription of Safe Enterprises Retail IPO?
Safe Enterprises Retail IPO is subscribed 14.70 times.
What is the price band of Safe Enterprises Retail IPO?
Safe Enterprises Retail IPO is priced at ₹131 - ₹138 per share.
How to check allotment status of Safe Enterprises Retail IPO?
Click the allotment link on Safe Enterprises Retail IPO page of IPO360.
How to apply Safe Enterprises Retail IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Safe Enterprises Retail IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Safe Enterprises Retail IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Safe Enterprises Retail IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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