31 Mar 2019
Assets38.81
Total Income255.74
EBITDA2.26
Profit After Tax0.36
NET Worth8.17
Total Borrowing20.41
At a glance
Updated 2026-08-23The shares listed at ₹16.55, a 65.50% move from the issue price. Safa Systems is a SME IPO with an issue size of ₹4.00 crore, proposed for listing on BSE SME. The offer opens on 28th Jan 2022 and closes on 1st Feb 2022. The issue structure includes a fresh issue of ₹3.80 crore. The current listing schedule points to 9th Feb 2022.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹4.00 Cr
Fresh issue₹3.80 Cr
Face value₹10
Price band—–—
Allotment4th Feb 2022
Listing9th Feb 2022
Listing performance
Full performance ↗Issue price₹10.00
Listing price₹16.55
Current price—
Listing gain65.50%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens28th Jan 2022
Closes1st Feb 2022
Allotment4th Feb 2022
Refund7th Feb 2022
Demat8th Feb 2022
Listing9th Feb 2022
Subscription demand
Full bidding ↗Total52.71×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 10000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To Meet Working Capital Requirement | ₹3.21 Cr |
| Public Issue Expenses | ₹0.49 Cr |
| General Corporate Purposes | ₹0.30 Cr |
| Total | ₹4.00 Cr |
Financials
Full financials ↗31 Mar 2020
Assets40.27
Total Income255.23
EBITDA3.20
Profit After Tax0.31
NET Worth8.44
Total Borrowing25.56
31 Mar 2021
Assets48.93
Total Income208.66
EBITDA2.33
Profit After Tax0.29
NET Worth8.44
Total Borrowing29.00
07 Oct 2021
Assets44.68
Total Income145.19
EBITDA1.67
Profit After Tax0.27
NET Worth8.44
Total Borrowing29.21
Trend chart₹ crore
KPIs
| KPI |
|---|
| RoNW |
| EBITDA Margin |
Valuation & shareholding
Pre-IPO P/E29.41
Promoter holding pre100%
Promoter holding post73.47%
Market cap₹15.08 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| To Meet Working Capital Requirement | ₹3.21 Cr |
| Public Issue Expenses | ₹0.49 Cr |
| General Corporate Purposes | ₹0.30 Cr |
| Total | ₹4.00 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Finshore Management Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.