Safe Enterprises Retail Fixtures IPO

Safe Enterprises Retail Fixtures is an NSE SME IPO listed on the NSE SME platform, priced at ₹131–₹138 per share. The stock debuted at ₹151, delivering a listing gain of 9.4%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,38,000.

Safe Enterprises Retail Fixtures Limited IPO

NSE SME Listed
₹1,38,000 (1000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 20, 2025 – Jun 24, 2025
Price band
₹131-138 per equity share
Minimum Investment
₹1,38,000
Issue size
₹169.74 Cr
Lot size
1000
Allotment Date
Jun 25, 2025
Listing
Jun 27, 2025
Listing At
NSE SME

IPO timeline

  1. Jun 20, 2025

    Open Date

    Completed

  2. Jun 24, 2025

    Close Date

    Completed

  3. Jun 25, 2025

    Allotment Date

    Completed

  4. Jun 27, 2025

    Listing Date

    Completed

Safe Enterprises Retail Fixtures IPO Essentials

Safe Enterprises Retail Fixtures IPO Details

Safe Enterprises Retail Fixtures IPO is priced at ₹131-138 per share with a total issue size of 169.74 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.

Issue price
₹131-138 per equity share
Lot size
1000 shares
Face value
₹5 Per Equity Share
Issue size
1,23,00,000 shares(aggregating up to ₹169.74 Cr)
Total issue size
1,23,00,000 shares
(aggregating up to ₹169.74 crore)
Fresh issue
1,23,00,000 shares
(aggregating up to ₹169.74 crore)
Listing at
NSE SME
List price
151.0
Listing date
Registrar
Maashitla Securities Private Limited
Lead manager
Hem Securities 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 Documents

Safe Enterprises Retail Fixtures IPO Reservation

Safe Enterprises Retail Fixtures IPO reservation details show category-wise allocation of shares. Out of the total 32,64,000 shares, approximately 18.97% are reserved for QIB, 14.26% for NII, 33.28% for retail investors, 5.05% for market maker, and 28.43% for 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 Analytics

Safe Enterprises Retail Fixtures IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Safe Enterprises Retail Fixtures IPO Subscription Status

Safe Enterprises Retail Fixtures 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 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

Earnings

EPS Pre IPO
₹11.42/-
EPS Post IPO
₹8.52/-
P/E Pre IPO
12.08
P/E Post IPO
16.19

Returns

ROE
77.54%
ROCE
69.10%
RoNW
54.37%
PAT Margin
28.33

Fundamentals

Price / Book
6.57

Data sourced from DRHP / RHP • For educational purposes only

Safe Enterprises Retail Fixtures Financials( In Crs.)

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

Safe Enterprises Retail Fixtures Company & Offer Insights

About Safe Enterprises Retail Fixtures

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 are the company's promoters of Safe Enterprises Retail Fixtures.

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 Information

Contact Details

Safe Enterprises Retail Fixtures

+917021883016

compliance@safeenterprises.com

https://safeenterprises.com/

Plot No. D-372, TTC MIDC Industrial Area, MIDC Kukshet Village, Sanpada, Thane, Maharashtra, 400703

Registrar Contact Details

Maashitla Securities Private Limited

+91-11-45121795-96

ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Frequently Asked Questions

Click any question to reveal the answer

Safe Enterprises Retail Fixtures IPO is a book-built IPO worth ₹169.74 crore. The price band is ₹131–₹138 per share. The IPO opens on Jun 20, 2025 and closes on Jun 24, 2025. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.

The price band of Safe Enterprises Retail Fixtures IPO is ₹131 to ₹138 per share.

The lot size of Safe Enterprises Retail Fixtures IPO is 1000 shares.

The minimum investment for Safe Enterprises Retail Fixtures IPO is approximately ₹1,38,000 based on the upper price band .

Safe Enterprises Retail Fixtures IPO opens on Jun 20, 2025 and closes on Jun 24, 2025.

The allotment date of Safe Enterprises Retail Fixtures IPO is Jun 25, 2025.

Safe Enterprises Retail Fixtures IPO is expected to be listed on Jun 27, 2025, on NSE SME Platform.

Safe Enterprises Retail Fixtures IPO valuation snapshot: P/E 16.19, EPS ₹8.52/-, P/B 6.57, RoNW 54.37%, and market cap N/A.

To apply for Safe Enterprises Retail Fixtures 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 Safe Enterprises Retail Fixtures 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 Safe Enterprises Retail Fixtures IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Safe Enterprises Retail Fixtures IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Safe Enterprises Retail Fixtures IPO allotment status on IPO Ji for quick and easy access.