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Safecure Services SME IPO

Safecure Services came to market through an SME IPO that opened on 29 October 2025 and closed on 31 October 2025, and the shares listed on 6 November 2025 on BSE SME. The price band was ₹102 per share and one lot was 1200 shares, so the minimum application was ₹1,22,400. The issue size was ₹30.6 crore. The whole issue was fresh shares, so the money raised went to the company.

MUFG Intime India Pvt.Ltd was the registrar to the issue, and Sun Capital Advisory Services Pvt.Ltd was the lead manager.

Issue details

Issue type
Fixed Price Issue
Price band
₹102
Lot size
1200 shares
Minimum investment
₹1,22,400
Face value
₹10 per share
Issue size
₹30.6 crore
Fresh issue
30,00,000 shares (aggregating up to ₹30.6 crore)
Listing at
BSE SME
Registrar
MUFG Intime India Pvt.Ltd
Lead managers
Sun Capital Advisory Services Pvt.Ltd
Promoter holding before the issue
94.33%
Promoter holding after the issue
66.14%

Timeline

Opens
29 October 2025
Closes
31 October 2025
Allotment
3 November 2025
Listing
6 November 2025

Subscription status by day

As of 31 October 2025.

Day
1
2
3

About Safecure Services

Incorporated in 2012, Safecure Services Limited is the business of leading security and facility management company. The company has expertise in private security, e-surveillance, facility management, and corporate interior fit-out services throughout India.Throughout its years in operation, Safecure has spread its operations all over India, catering to a diverse group of clients ranging from private and public sector organizations, financial institutions, multinational companies, and various industries.

The firm has a consistent recruitment and training policy to provide high-quality services and is known as a professional security company with an excellence record.The headquarters of the company is located at Mira Road, Thane, with 12 offices located in India, spread over 12 districts, to provide focused, high-quality, and tailor-made service to clients. Services: Security Services including manned guarding, event management, ATM management and offering technology-enabled security services.

E-Surveillance and ATMs & Bank Branch Monitoring that include electronic security services and alarm monitoring and response services, including electronic security and surveillance solutions with trained staff. ATM and Facility Management Services repair and maintenance that include housekeeping services and business support services. Interior Fit outs Work for corporate. As on October 31, 2024, the company has 1,834 employees on the payroll to manage the day-to-day business operations.

As described in the offer document.

Objects of the issue

  • Repayment / pre-payment, in full or part, of certain borrowings availed by the Company
  • Part Funding Working Capital requirements of the Company
  • General corporate purposes

Financials (₹ crore)

Metric30-Jun-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Shailendra Mahesh Pandey. Promoter holding 94.33% before the issue and 66.14% after.

Application sizes

Individual (min)
2 lots, 2400 shares, ₹2,44,800
Individual(max)
2 lots, 2400 shares, ₹2,44,800
sHNI(min)
3 lots, 3600 shares, ₹3,67,200
sHNI(max)
7 lots, 0 shares, ₹0
bHNI(min)
8 lots, 0 shares, ₹0

Valuation

EPS Pre IPO
₹8.75
EPS Post IPO
₹7.92
P/E Pre IPO
11.66
P/E Post IPO
12.88
ROE
28.86%
ROCE
22.48%
RoNW
28.86%
PAT Margin
8.26%
Debt/Equity
0.98
Price/Book
4.79
Market Cap
₹30.6 cr

Registrar and allotment status

Registrar
MUFG Intime India Pvt.Ltd
Allotment status
https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Phone
+91-22-4918 6270
Email
safecure.smeipo@linkintime.co.in

Work out the listing gain for this SME IPO

How allotment works

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.

What happens on listing day

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.

Questions about the Safecure Services SME IPO

What is Safecure Services IPO?

Safecure Services IPO was a ₹30.6 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹102 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,44,800). The IPO was open from October 29 to October 31, 2025 and was subscribed 1.87x. Shares listed on BSE SME on November 6, 2025 at ₹81.60, a 20.0% discount to the issue price of ₹102. MUFG Intime India Pvt. Ltd.

is the registrar. Sun Capital Advisory Services Pvt. Ltd. is the book running lead manager.

What is the price band of Safecure Services IPO?

The issue price of Safecure Services IPO is ₹102 per share (fixed price).

What is the lot size of Safecure Services IPO?

The lot size of Safecure Services IPO is 1200 shares.

What is the minimum investment for Safecure Services IPO?

The minimum investment for Safecure Services IPO is approximately ₹2,44,800 based on the issue price.

What is the allotment date of Safecure Services IPO?

The allotment date of Safecure Services IPO is Nov 3, 2025.

How to check Safecure Services IPO allotment status?

You can check Safecure Services IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Safecure Services IPO allotment status on Rupix for quick and easy access.

What was the price band of the Safecure Services SME IPO?

₹102 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.

What was the lot size of the Safecure Services SME IPO?

One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,22,400. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Safecure Services SME IPO?

₹1,22,400, for one lot of 1200 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.

When did the Safecure Services SME IPO open and close?

It opened on 29 October 2025 and closed on 31 October 2025.

When was the allotment of the Safecure Services SME IPO?

The basis of allotment was published on 3 November 2025 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did Safecure Services list on BSE SME?

The shares listed on 6 November 2025 on BSE SME.

How large was the Safecure Services SME IPO?

The issue size was ₹30.6 crore. The fresh issue was 30,00,000 shares (aggregating up to ₹30.6 crore).