Msafe Equipments
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 28-01-2026 | 30-01-2026 | ₹10 per share | ₹123 per share | 1,000 Shares | BSE SME | 54,00,000 shares (agg. up to ₹66 Cr) | 2026-02-02 00:00:00 | 2026-02-03 00:00:00 | 2026-02-03 00:00:00 | 04-02-2026 |
About The Company
Msafe Equipments IPO is a book build issue of ₹66.42 crores. The issue is a combination of fresh issue of 0.44 crore shares aggregating to ₹54.12 crores and offer for sale of 0.10 crore shares aggregating to ₹12.30 crores.
Msafe Equipments IPO opens for subscription on Jan 28, 2026 and closes on Jan 30, 2026. The allotment for the Msafe Equipments IPO is expected to be finalized on Feb 2, 2026. Msafe Equipments IPO will list on BSE SME with a tentative listing date fixed as Feb 4, 2026.
Msafe Equipments IPO price band is set at ₹116 to ₹123 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,46,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,69,000.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2023 | 34 | 30 | 4 | 6.09 | 5.09 | 20.37 |
| 31-03-2024 | 48 | 48 | 7 | 12.64 | 11.64 | 25.87 |
| 31-03-2025 | 74 | 72 | 13 | 25.65 | 24.65 | 32.56 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor | 1 |
| QIB (Ex Anchor) | 117.97 |
| NII | 308.23 |
| Individual Investors | 133.16 |
| Total | 166.72 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | 246000 |
| Individual investors (Retail) (Max) | 2 | 2000 | 246000 |
| S-HNI (Min) | 3 | 3000 | 369000 |
| S-HNI (Max) | 8 | 8000 | 984000 |
| B-HNI (Min) | 9 | 9000 | 1107000 |
IPO Listing Details
| Listing Date | 04-02-2026 |
| BSE Script Code | 544695 |
| NSE Symbol | |
| ISIN | INE2B5L01011 |
| Final Issue Price | 0 |
Promoter holdings
Pradeep Aggarwal, Ajay Kumar Kanoi, Vansh Aggarwal, Rushil Agarwal, Gaurav Ajay Kumar Kanoi, Rajani Ajay Kanoi and Monika Aggarwal
Contact Information of the Company
Msafe Equipments Ltd. Address
F-311, 3rd Floor
Aditya Arcade Plot No. 30
Community Center, Preet Vihar, East Delh
New Delhi, New Delhi, 110092
+91-88822 07104
info@msafegroup.com
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IPO Registrar
Maashitla Securities Pvt.Ltd.
+91-11-45121795-96
investor.po@maashitla.com
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IPO Lead Manager
Seren Capital Pvt.Ltd.