Safe Enterprises Retail Fixtures Limited IPO
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.
Price Band₹131 - ₹138 |
Dates20 Jun - 24 Jun |
GMP₹20 (14.49%) |
Subscriptions2.57 times |
Issue Size₹169.74 Crs |
Safe Enterprises Retail IPO Objects
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
- Capital investment in subsidiary for plant & machinery
- To Meet Working Capital Requirements of our Company & Subsidiary
- General Corporate Purpose
Safe Enterprises Retail IPO Details
Price Band₹131 - ₹138 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹169.74 Cr (1.23 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹169.74 Cr (1.23 Cr Shares) |
Face Value₹5 per equity share |
Safe Enterprises Retail IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,000
1,38,000
Maximum
1
1,000
1,38,000
|
|||
| NII |
Minimum
2
2,000
2,76,000
|
|||
Safe Enterprises Retail IPO Subscription
Updated as on 23-Jun-2025 11:58:02 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | - | 0 | 1,23,97,000 |
| NII | 0.52 | 17,52,000 | 9,05,000 |
| Retail | 0.42 | 40,87,000 | 17,32,000 |
| Total | 2.57 | 58,39,000 | 1,50,34,000 |
Safe Enterprises Retail IPO GMP
The estimated Grey Market Premium of Safe Enterprises Retail IPO is ₹20 per share (14.49%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 6,24,000 EQ Shares |
Safe Enterprises Retail IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 37.67% |
| PAT | 28.33% |
| ROE | 77.54% |
| ROCE | 69.10% |
| PE Ratio | 12.08 |
| PB Ratio | 6.57 |
| Mkt Cap (in Crs.) | 643.14 |
- All Ratios are based on Mar 25
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Safe Enterprises Retail IPO Peer Comparision
| 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 Peer Comparision
| Particulars | Safe Enterprises Retail Fixtures |
|---|---|
| Revenue from Ops (in Crs.) | 138.31 |
| PAT (In Crs.) | 39.19 |
| EPS - Basic | 11.42 |
| NAV per share | 21.01 |
| RONW | 54.37% |
| EBITDA | 37.67% |
| PAT Margin | 28.33% |
| Price to earning (PE) | 12.08 |
| Naman In-Store (India) |
|---|
| 155.63 |
| 6.28 |
| 5.34 |
| 60.75 |
| 7.91% |
| 9.46% |
| 4.03% |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Saleem Merchant | 23.78% |
| Mikdad Merchant | 23.78% |
| Huzefa Merchant | 23.78% |
| Munira Merchant | 23.78% |
| Other Promoter | 0.06% |
| Total | 95.19% |
Management Details
| Name | Designation |
|---|---|
| Saleem Merchant | Chairman & MD |
| Mikdad Merchant | CFO |
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
Book Running Lead Managers (BRLMs)
Hem Securities
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Maashitla Securities
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Safe Enterprises Retail IPO is a SME IPO having an issue size of Rs. ₹169.74 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.
Safe Enterprises Retail IPO opens on 20 Jun 25 and closes on 24 Jun 25.
The estimated Grey Market Premium of Safe Enterprises Retail IPO is ₹20 per share (14.49%).
The minimum lot size of Safe Enterprises Retail IPO is 1000 shares & the minimum application amount is Rs. 138000.
The allotment date of Safe Enterprises Retail IPO is 25 Jun 25.
The listing date of Safe Enterprises Retail IPO is 27 Jun 25.
Safe Enterprises Retail IPO is subscribed 2.57 times.
Safe Enterprises Retail IPO is priced at ₹131 - ₹138 per share.
Click the allotment link on Safe Enterprises Retail IPO page of IPO360.
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- Select the IPO you want to apply
- Enter your bid details and price
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- Select Safe Enterprises Retail IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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