Safa Systems & Technologies Limited IPO
Safa Systems & Technologies Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹10 per share. The stock debuted at ₹16.55, delivering a listing gain of 65.5%. The IPO had a lot size of ₹10000 shares and a minimum investment of ₹1,00,000.
Safa Systems & Technologies Limited IPO
- IPO Dates
- Jan 28, 2022 – Feb 1, 2022
- Price band
- ₹10 per equity share
- Minimum Investment
- ₹1,00,000
- Issue size
- 4,000,000 Eq Shares of ₹10 (aggregating up to ₹4.00 Cr)
- Lot size
- 10000
- Allotment Date
- Feb 4, 2022
- Listing
- Feb 9, 2022
- Listing At
- BSE SME
IPO timeline
-
Jan 28, 2022
Open Date
Completed
-
Feb 1, 2022
Close Date
Completed
-
Feb 4, 2022
Allotment Date
Completed
-
Feb 9, 2022
Listing Date
Completed
Safa Systems & Technologies Limited IPO Essentials
Safa Systems & Technologies Limited IPO Details
Safa Systems & Technologies Limited IPO is priced at ₹10 per share with a total issue size of 4,000,000 Eq Shares of ₹10 (aggregating up to ₹4.00 Cr). The IPO has a lot size of 10000 shares and is listed on BSE SME.
- Issue price
- ₹10 per equity share
- Lot size
- 10000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,000,000 Eq Shares of ₹10 (aggregating up to ₹4.00 Cr)
- Listing at
- BSE SME
- List price
- 16.55
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Finshore Management Services Limited
Safa Systems & Technologies Limited IPO Analytics
Safa Systems & Technologies Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Safa Systems & Technologies Limited IPO Subscription Status
Safa Systems & Technologies Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,900,000 | 1,900,000 | 3,800,000 |
|
Day 1
28-01-22 05:00 PM
|
(1.57) x | 1.18 x | 1.37 x |
|
Day 2
31-01-22 05:00 PM
|
(2.68) x | 7.12 x | 4.90 x |
|
Day 3
01-02-22 05:00 PM
|
(64.61) x | 40.81 x | 52.71 x |
Safa Systems & Technologies Limited Valuations
Earnings
- EPS (Post IPO)
- ₹0.19/-
- P/E Ratio
- 51.46
Returns
- RoNW
- 3.48%
Safa Systems & Technologies Limited Financials( In Crs.)
| 30-Oct-21 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 44.68 | 48.92 | 40.26 |
| Revenue | 145.19 | 208.66 | 255.22 |
| Profit After Tax | 0.273 | 0.293 | 0.312 |
Safa Systems & Technologies Limited Company & Offer Insights
About Safa Systems & Technologies Limited
Safa Systems & Technologies is engaged in the business of distributorship of consumer durable products like Mobile phones, Mobile phone accessories, Tablets, LED TVs, Home appliances and wearable devises of various brands like Xiaomi, OPPO, TECNO, Micromax, One Plus in Kerala. The company works in B2B (Business to Business) model.
The company has strict quality regulations and has been also awarded with ISO 9001:2015 quality certifications. Recently, the company has taken an office in Mumbai as a part of its expansion plans to grow their presence into other regions of the country.
Safa Systems & Technologies Limited Promoter(s)
Mr. Faizal Bavaraparambil Abdul Khader, Mr. Bavaraparambil Abdhulkadher Hydrose are the company's promoters of Safa Systems & Technologies Limited.
Safa Systems & Technologies Limited IPO Issue Objectives
- •
- To meet the working capital requirements of the company.
- •
- To meet the issue expenses.
- •
- General corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Safa Systems & Technologies Limited IPO is a Fixed Priced IPO worth ₹4,000,000 Eq Shares of ₹10 (aggregating up to ₹4.00 Cr). The issue price is ₹10 per share (fixed price). The IPO opens on Jan 28, 2022 and closes on Feb 1, 2022. It will be listed on BSE SME Platform. Cameo Corporate Services Limited is the registrar.
The issue price of Safa Systems & Technologies Limited IPO is ₹10 per share (fixed price).
The lot size of Safa Systems & Technologies Limited IPO is 10000 shares.
The minimum investment for Safa Systems & Technologies Limited IPO is approximately ₹1,00,000 based on the issue price .
Safa Systems & Technologies Limited IPO opens on Jan 28, 2022 and closes on Feb 1, 2022.
The allotment date of Safa Systems & Technologies Limited IPO is Feb 4, 2022.
Safa Systems & Technologies Limited IPO is expected to be listed on Feb 9, 2022, on BSE SME Platform.
Safa Systems & Technologies Limited IPO valuation snapshot: P/E 51.46, EPS ₹0.19/-, P/B N/A, RoNW 3.48%, and market cap N/A.
To apply for Safa Systems & Technologies Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Safa Systems & Technologies Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Safa Systems & Technologies Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Safa Systems & Technologies Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Safa Systems & Technologies Limited IPO allotment status on IPO Ji for quick and easy access.