Msafe Equipments Limited IPO
BSE SME
₹ 246000
/2000 Shares
*Min Investment
28 Jan, 2026
Open Date30 Jan, 2026
Close Date02 Feb, 2026
Allotment Date04 Feb, 2026
Listing DateExpected Premium
+ ₹7-8 (5.69%)*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Expected Premium
Msafe Equipments IPO Issue Details
- Issue Price ₹116-123 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 54,00,000 shares(aggregating up to ₹66.42 crore)
- Fresh Share 44,00,000 shares(aggregating up to ₹54.12 crore)
- Offer For Sale 10,00,000 shares(aggregating up to ₹12.3 crore)
- Listing at BSE SME
- Lead Manager Seren Capital Pvt.Ltd.
- Registrar Maashitla Securities Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2000 | ₹2,46,000 |
| Individual(max) | 2 | 2000 | ₹2,46,000 |
| SHNI(min) | 3 | 3000 | ₹3,69,000 |
| SHNI(max) | 8 | 8000 | ₹9,84,000 |
| BHNI(min) | 9 | 9000 | ₹11,07,000 |
Msafe Equipments IPO Documents
Msafe Equipments IPO Details
Msafe Equipments Limited IPO is an SME IPO, priced at ₹116-123 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 54,00,000 equity shares, aggregating up to ₹66.42 crores..
The IPO bidding window is open from Jan 28, 2026 to Jan 30, 2026. The allotment is expected to be finalized on Feb 2, 2026, and the tentative listing date is Feb 4, 2026.
The minimum lot size for Individual investors is 2000 shares, with a minimum investment of ₹2,46,000.
Seren Capital Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Pvt.Ltd., and
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Msafe Equipments Valuations
Msafe Equipments Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 73.59 | 48.19 | 33.54 |
| Revenue | 71.62 | 48.34 | 29.71 |
| Profit After Tax | 13.01 | 6.55 | 3.65 |
| Net Worth | 25.65 | 12.64 | 6.09 |
| Reserves & Surplus | 24.65 | 11.64 | 5.09 |
| Total Borrowing | 32.56 | 25.87 | 20.37 |
About Msafe Equipments Company
Incorporated in the year 2019, the company, Msafe Equipments Limited, is into the manufacturing, selling, and hiring of access, as well as height safety equipment for safe working at heights.
Its product offering includes aluminum scaffoldings, mild steel (MS) scaffoldings, aluminum ladders, and fiber-reinforced plastic (FRP) ladders. Such products meet operational and qualitative demands in the context of construction, maintenance, installation, repair, and development.
It has three manufacturing units at Greater Noida, Uttar Pradesh, in addition to a storage network of 17 warehouses covering various states such as Maharashtra, Karnataka, Tamil Nadu, Gujarat, Punjab, and West Bengal. These units work efficiently for storing, dispatching, or collecting the product for any sales or rental transactions.
During Fiscal 2025, their products were marketed in 22 States and 3 Union Territories to meet a multitude of client requirements in areas ranging from construction to interior and storage sectors.
As on June 30, 2025, the Company had 299 permanent employees and 28 contractual employees, which ensured operational efficiency and geographical reach.
Msafe Equipments - Promoter(s)
Pradeep Aggarwal, Ajay Kumar Kanoi, Vansh Aggarwal, Rushil Agarwal, Gaurav Ajay Kumar Kanoi, Rajani Ajay Kanoi and Monika Aggarwal
Pre Issue Share Holding : %
Post Issue Share Holding : %
Msafe Equipments IPO - Issue Objectives
Contact Details
Msafe Equipments
F-311, 3rd Floor, Aditya Arcade, Plot No. 30, Community Center, Preet Vihar, East Delhi, New Delhi, New Delhi, 110092
+91 88822 07104
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Msafe Equipments IPO - FAQs
Ans. Msafe Equipments Limited IPO is a SME IPO. The issue is priced at ₹116-123 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jan 28, 2026, and closes on Jan 30, 2026. Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Msafe Equipments Limited IPO opens on Jan 28, 2026 and closes on Jan 30, 2026.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Msafe Equipments Limited IPO is 54,00,000 shares(aggregating up to ₹66.42 Cr).
Ans. The Msafe Equipments Limited IPO price band is set between ₹116-123 per equity share.
Ans. To apply for Msafe Equipments Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Msafe Equipments Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Msafe Equipments Limited IPO is Feb 2, 2026.
Ans. The Msafe Equipments Limited IPO will be listed on Feb 4, 2026.
Ans. Follow the steps to check the Msafe Equipments Limited IPO allotment status online.