The initial public offering of Safe Enterprises Retail Fixtures Ltd., which launched on Friday, was booked 0.6 times on Day 1. The company aims to raise over Rs 160 crore from the primary market.
As bidding for the SME IPO resumes on Day 2, here's all you need to know about Safe Enterprises Retail Fixtures IPO - including the latest grey market premium, day 2 subscription status, price band, offer size and more.
Safe Enterprises Retail Fixtures IPO: All You Need To Know
The Safe Enterprises Retail Fixtures IPO is a book-building issue worth Rs 161.13 crore, comprising entirely a fresh issuance of 1.17 crore shares.
Safe Enterprises Retail Fixtures IPO price band has been fixed between Rs 131 and Rs 138 per share.
Retail investors can invest in the IPO by bidding for a single lot size of 1,000 shares, requiring an investment of Rs 1,38,000.
As per the company's RHP document, of the 1,29,24,000 shares on offer:
23,36,000 (18.07%) are allocated to Qualified Institutions
17,52,000 (13.56%) are allocated to Non-Institutional Buyers
40,87,000 (31.62%) are allocated to Retail Investors
35,01,000 (27.09%) are allocated to Anchor investors.
Hem Securities Ltd. is the book-running lead manager of the Safe Enterprises Retail Fixtures IPO. Maashitla Securities Pvt. is the registrar, and Hem Finlease Pvt. is the market maker for the issue.
Safe Enterprises Retail Fixtures IPO Day 2 Subscription Status
The Safe Enterprises Retail Fixtures IPO has been subscribed 1.72 times as of 10:50 a.m on Monday
Qualified Institutional Buyers: 5.31 times
Non-Institutional Investors: 0.15 times
Retail Investors: 0.34 times
*The subscription status will be updated at regular intervals
Safe Enterprises Retail Fixtures IPO GMP Today
According to InvestorGain, the grey market premium (GMP) for the IPO was Rs 15 as of 10 a.m. on June 23. According to current GMP trends, the IPO is likely to list at Rs 153 per share at a premium of 10.87%.
Note: GMP does not represent official data and is based on speculation.
Safe Enterprises Retail Fixtures IPO Important Dates
The Safe Enterprises Retail Fixtures IPO will remain open for subscription till June 24. The IPO share allotment status is expected to be finalised on June 25. Successful bidders are expected to receive the shares in their Demat accounts on June 26 and refunds for non-allottees will also be initiated on the same day.
Shares of the company are tentatively scheduled to be listed on the NSE SME platform on June 27.
Safe Enterprises Retail Fixtures Business, Financials And IPO Proceeds
The company manufactures customised fixtures for retailers across industries such as electronics, fashion and department stores. Its notable clients include Zudio and Nature's Basket.
Use Of Proceeds
The company has proposed to use proceeds from the IPO to fund capital expenditure to set up a new manufacturing unit, to meet working capital requirements and for general corporate purposes.
Financials
The company’s profit after tax (PAT) surged 69.7% year-on-year (YoY) to Rs 39.19 crore in FY25 from Rs 23.09 crore in FY24. Total income increased 37.8% YoY to Rs 139.73 crore in FY25 from Rs 101.38 crore in FY24.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
RECOMMENDED FOR YOU
Mayasheel Ventures, Safe Enterprises Make Strong Debut; Shares List At Up To 23% Premium
Jun 27, 2025
Safe Enterprises IPO Allotment On June 25: Steps To Check Status, Latest GMP And Listing Date
Jun 25, 2025
Final Day! Safe Enterprises IPO: Check GMP, Subscription Status, Allotment Details And More
Jun 24, 2025
Safe Enterprises Retail Fixtures IPO: GMP, Subscription Status, Price Band And Other Key Details
Jun 20, 2025
POPULAR