Acme Universal Safezone 9 came to market through an SME IPO that opened on 28 September 2026 and closed on 30 September 2026, and the shares listed on 6 October 2026 on the BSE. The price band was ₹65 to ₹71 per share and one lot was 1600 shares, so the minimum application was ₹1,13,600. The issue size was ₹35.93 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹101, a gain of 42.3% against the issue price of ₹71. Maashitla Securities Pvt.Ltd was the registrar to the issue, and Expert Global Consultants Pvt.Ltd was the lead manager.
The issue was subscribed 23.49 times overall.
Acme Universal Safezone 9 Limited was incorporated in November 2016 and is in the Personal Protective Equipment (PPE) industry producing industrial safety footwear in various segments including construction, oil & gas, mining, heavy engineering, automotive, pharmaceuticals, chemical processing, foundries and power generation. The company produces 15 different product lines under EVA-rubber, Nitrile Rubber and PVC sole categories offering protection from impact, compression, penetration, electric shock, static electricity, heat and fire, chemicals and slipping hazards.
The Company has four manufacturing units in Madhya Pradesh and Uttar Pradesh. The company uses ICad3D for product designing and visualization and SAP S/4 HANA for enterprise resource planning in Finance, operations and logistics. The company markets its products through direct institutional sales, regional distributors/dealers and digital/e-commerce channels, which are enabled by warehouses located in over 40 locations in India.
Additionally, the Company also exports its products to UAE, Bahrain, Saudi Arabia, Nigeria, Israel, the Netherlands, Hong Kong, Cameroon and Mauritius. The Company produces products complying with IS 15298, EN ISO 20345, ASTM F2413 and SEDEX SMETA norms depending on the product type and export destinations. As per the data available with us up to March 31, 2026, the manpower strength of the Company stood at 1073.
As described in the offer document.
Nitin Tiwari, Ruchi Tiwari. Promoter holding 94.88% before the issue and 69.73% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
₹65 to ₹71 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,13,600. After listing, SME shares also trade in lots rather than one share at a time.
₹1,13,600, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 28 September 2026 and closed on 30 September 2026.
The basis of allotment was published on 1 October 2026 by Maashitla Securities Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 6 October 2026 on the BSE, opening at ₹101.
The issue size was ₹35.93 crore. The fresh issue was 50,60,800 shares (aggregating up to ₹35.93 crore).
It listed at ₹101 against an issue price of ₹71, a gain of 42.3 percent on listing day.