31 Mar 2023
Assets66.36
Total Income49.26
EBITDA2.63
Profit After Tax0.43
NET Worth12.47
Reserves and Surplus2.97
Total Borrowing18.52
At a glance
Updated 2026-08-24The shares listed at ₹83.00, a 3.75% move from the issue price. Safety Controls is a SME IPO with an issue size of ₹48.00 crore, proposed for listing on BSE SME. The offer opens on 6th Apr 2026 and closes on 8th Apr 2026. The issue structure includes a fresh issue of ₹45.57 crore. The current listing schedule points to 13th Apr 2026.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹48.00 Cr
Fresh issue₹45.57 Cr
Face value₹10
Price band₹75.00–₹80.00
Allotment9th Apr 2026
Listing13th Apr 2026
Listing performance
Full performance ↗Issue price₹80.00
Listing price₹83.00
Current price—
Listing gain3.75%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹80.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens6th Apr 2026
Closes8th Apr 2026
Allotment9th Apr 2026
Refund10th Apr 2026
Demat10th Apr 2026
Listing13th Apr 2026
Subscription demand
Full bidding ↗Total1.28×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3200 | ₹256,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/prepayment, in part or full of certain of the borrowings | ₹6.00 Cr |
| Funding the working capital requirements of the Company | ₹31.50 Cr |
| General Corporate Purposes | ₹4.74 Cr |
| Issue Expenses | ₹5.76 Cr |
| Total | ₹48.00 Cr |
Financials
Full financials ↗31 Mar 2024
Assets74.99
Total Income45.70
EBITDA8.27
Profit After Tax4.01
NET Worth17.48
Reserves and Surplus6.98
Total Borrowing29.79
31 Mar 2025
Assets120.28
Total Income103.50
EBITDA17.27
Profit After Tax8.99
NET Worth42.17
Reserves and Surplus28.87
Total Borrowing33.84
31 Jan 2026
Assets164.41
Total Income68.51
EBITDA16.21
Profit After Tax8.52
NET Worth54.47
Reserves and Surplus40.64
Total Borrowing39.18
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 | Jan 31, 2026 |
|---|---|---|
| ROE | 30.14% | 21.17% |
| ROCE | 37.39% | 33.73% |
| Debt / Equity | 0.80% | 0.72% |
| RoNW | 21.32% | 15.65% |
| PAT Margin | 8.77% | 12.64% |
| EBITDA Margin | 16.84% | 24.04% |
| Price to Book Value | 2.52 | 2.03 |
Valuation & shareholding
Pre-IPO EPS6.50
Post-IPO EPS5.16
Pre-IPO P/E12.3
Post-IPO P/E15.51
Promoter holding pre66.53%
Promoter holding post46.40%
Market cap₹158.62 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Repayment/prepayment, in part or full of certain of the borrowings | ₹6.00 Cr |
| Funding the working capital requirements of the Company | ₹31.50 Cr |
| General Corporate Purposes | ₹4.74 Cr |
| Issue Expenses | ₹5.76 Cr |
| Total | ₹48.00 Cr |
Registrar & lead managers
Registrar
Maashitla Securities Pvt.Ltd.Lead managers
- Sobhagya Capital Options Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.