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Open
28 Jan 2026
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Close
30 Jan 2026
3
Allotment
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Listing
Wed, Feb 4, 2026
Price Band
₹116 to ₹123
Issue Size
54,00,000 shares (agg. up to ₹66 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Feb 4, 2026
Latest GMP
₹21
Est. Gain
17.07%
✦ AI Insight
GMP Trend
04-02-2026₹21Est. ₹144+17.07%
03-02-2026₹21Est. ₹144+17.07%
02-02-2026₹20Est. ₹143+16.26%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 116.77x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 87.67 | 73.59 | 48.19 | 33.54 |
| Total Income | 49.07 | 71.62 | 48.34 | 29.71 |
| Profit After Tax | 10.50 | 13.01 | 6.55 | 3.65 |
| EBITDA | 19.21 | 26.08 | 15.12 | 9.19 |
| NET Worth | 36.15 | 25.65 | 12.64 | 6.09 |
| Reserves and Surplus | 20.15 | 24.65 | 11.64 | 5.09 |
| Total Borrowing | 37.67 | 32.56 | 25.87 | 20.37 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kanishk Aluminium India Ltd. | SME | ₹29.20 Cr | ₹73 | 22.66 | ₹55.48 | -24.00% | ₹22.88 |
| Jainik Power Cables Ltd. | SME | ₹51.30 Cr | ₹110 | 11.53 | ₹82.85 | -24.68% | ₹215.55 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Capital expenditure towards setup of a new Manufacturing Facility. | 32.26 |
| 2 | Funding of Capital expenditure for manufacturing of equipments for Rental purpose. | 6.00 |
| 3 | Utilization towards working capital requirements. | 8.00 |
| 4 | General Corporate Purposes | 1.76 |
| 5 | Issue Expenses | 7.48 |
| Total | 55.50 |
About Msafe Equipments IPO
Updated on Aug 5, 2026
Contact Details
Msafe Equipments Ltd. AddressF-311, 3rd FloorAditya Arcade Plot No.30Community Center, Preet ViharDelhi, New Delhi, 110092+91-88822 07104info@msafegroup.comVisit Website