Safe Enterprises Retail Fixtures Limited IPO
NSE SMEListed On: Jun 27, 2025 at ₹ 151.0
₹ 276000 /2000 Shares
*Min Investment
20 Jun, 2025
Open Date24 Jun, 2025
Close Date25 Jun, 2025
Allotment Date27 Jun, 2025
Listing DateSafe Enterprises Retail Fixtures IPO Issue Details
- Issue Price ₹131-138 per equity share
- Face Value ₹5 Per Equity Share
- Total Issue Size 1,23,00,000 shares(aggregating up to ₹169.74 crore)
- Fresh Share 1,23,00,000 shares(aggregating up to ₹169.74 crore)
- Listing at NSE SME
- List Price 151.0
- Listing Date 2025-06-27
- Lead Manager Hem Securities Limited
- Registrar Maashitla Securities Private Limited
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,38,000 |
| Retail(max) | 1 | 1000 | ₹1,38,000 |
| NII (min) | 2 | 2,000 | ₹2,76,000 |
Safe Enterprises Retail Fixtures IPO Reservation
Safe Enterprises Retail Fixtures IPO offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (28.43%) | |
| Market Maker Shares Offered | NA (5.05%) | |
| QIB Shares Offered | NA (18.97%) | |
| NII (HNI) Shares Offered | 4,65,600 (14.26%) | |
| Retail Shares Offered | 10,86,400 (33.28%) | |
| Total Shares Offered | 32,64,000 (100%) |
Safe Enterprises Retail Fixtures IPO Details
Safe Enterprises Retail Fixtures Limited IPO is an SME IPO, priced at ₹131-138 per equity share. The equity shares have a face value of ₹5 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 1,23,00,000 equity shares, aggregating up to ₹169.74 crores..
The IPO bidding window is open from Jun 20, 2025 to Jun 24, 2025. The allotment is expected to be finalized on Jun 25, 2025, and the tentative listing date is Jun 27, 2025.
The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,38,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,76,000.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and
Safe Enterprises Retail Fixtures IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 23,36,000 / 17,52,000 | 40,87,000 | 81,75,000 |
Day 1 20-06-25 06:00 PM | 1.56 / 0.44 x | 0.13 x | 0.60 x |
Day 2 23-06-25 06:00 PM | 5.59 / 0.32 x | 0.84 x | 2.09 x |
Day 3 24-06-25 06:00 PM | 34.31 / 12.87 x | 4.44 x | 14.78 x |
Safe Enterprises Retail Fixtures Valuations
Safe Enterprises Retail Fixtures Company Financials
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 76.39 | 54.4 | N/A | N/A |
| Revenue | 58.09 | 101.38 | N/A | N/A |
| Profit After Tax | 16.96 | 23.09 | N/A | N/A |
| Net Worth | 13.03 | 28.99 | N/A | N/A |
| Reserves & Surplus | 13.02 | 4.36 | N/A | N/A |
| Total Borrowing | 31.7 | 0.9 | N/A | N/A |
About Safe Enterprises Retail Fixtures Company
Founded in 1976, Safe Enterprises Retail Fixtures Limited is a company that designs, makes, supplies, and installs shop fittings and retail fixtures, offering a variety of personalized solutions for various retail categories like fashion, electronics, and department stores.The company offers merchandising solutions for responding to the challenges of retail facing display, placement, storage, and safety and provides shop fitting services from design to installation according to customer requirements.
The company caters to different retail categories such as fashion, electronics, food and grocery, and luxury. Customers include prominent Indian chains and hypermarkets, including:
Zudio & Westside – Fashion fixture.
Godrej Nature's Basket – Gourmet store custom shelving.
Reliance Retail & Future Group – Hypermarket installations.
The company has the following products & services:
Gondola Shelving – Modular supermarket shelves.
Checkout Counters – Ergonomic designs to enhance customer experience.
Display Racks & Stands – Fashionable, electronic, and FMCG customizable.
Mannequins & Visual Merchandising Displays – Stylish solutions for the look and feel of stores. and brands.
Storage & Backroom Fixtures – Stockroom shelving with maximum capacity.
Custom Fixture Design:Tailored solutions that effectively integrate functionality & beauty.
Innovative Solutions:Innovative designs that keep pace with the constantly changing retail trends.
The firm has three manufacturing facilities, two of which are located in Mumbai and one in Thane, Maharastra.The company is headquartered at Nashik and has two franchisees in Navi Mumbai and Hyderabad and two distributors in Dubai and Kansas City.The company markets products in more than 25 states and union territories, and revenue comes mostly from Maharashtra, then Karnataka and Gujarat.
As of October 31, 2024, the company employed 15 people in the design team.
Safe Enterprises Retail Fixtures - Promoter(s)
Saleem Shabbir Merchant
Mikdad Saleem Merchant
Huzefa Salim Merchant
Munira Salimbhai Merchant
Pre Issue Share Holding : %
Post Issue Share Holding : %
Safe Enterprises Retail Fixtures IPO - Issue Objectives
Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
Investment in the Subsidiary, Safe Enterprises Retail Technologies Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery
To Meet Working Capital Requirements of the Company
Investment in the subsidiary Safe Enterprises Retail Technologies Private Limited to meet working capital requirements
Contact Details
Safe Enterprises Retail Fixtures
Plot No. D-372, TTC MIDC Industrial Area, MIDC Kukshet Village, Sanpada, Thane, Maharashtra, 400703
+917021883016
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Safe Enterprises Retail Fixtures IPO - FAQs
Ans. Safe Enterprises Retail Fixtures Limited IPO is a SME IPO. The issue is priced at ₹131-138 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jun 20, 2025, and closes on Jun 24, 2025. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Safe Enterprises Retail Fixtures Limited IPO opens on Jun 20, 2025 and closes on Jun 24, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Safe Enterprises Retail Fixtures Limited IPO is 1,23,00,000 shares(aggregating up to ₹169.74 Cr).
Ans. The Safe Enterprises Retail Fixtures Limited IPO price band is set between ₹131-138 per equity share.
Ans. To apply for Safe Enterprises Retail Fixtures Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Safe Enterprises Retail Fixtures 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 Safe Enterprises Retail Fixtures Limited IPO is Jun 25, 2025.
Ans. The Safe Enterprises Retail Fixtures Limited IPO will be listed on Jun 27, 2025.
Ans. Follow the steps to check the Safe Enterprises Retail Fixtures Limited IPO allotment status online.
