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Open
28 Jan to 1 Feb, 2022
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Close
28 Jan to 1 Feb, 2022
3
Allotment
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Listing
Wed, Feb 9, 2022
Price Band
₹10 per share
Issue Size
40,00,000 shares (agg. up to ₹4 Cr)
Lot Size
10,000 Shares
Listing Date
Wed, Feb 9, 2022
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 46.85x |
Restated Financials (₹ Cr.)
| Period Ended | 07 Oct 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 44.68 | 48.93 | 40.27 | 38.81 |
| Total Income | 145.19 | 208.66 | 255.23 | 255.74 |
| Profit After Tax | 0.27 | 0.29 | 0.31 | 0.36 |
| EBITDA | 1.67 | 2.33 | 3.20 | 2.26 |
| NET Worth | 8.44 | 8.44 | 8.44 | 8.17 |
| Total Borrowing | 29.21 | 29.00 | 25.56 | 20.41 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bombay Metrics Supply Chain Ltd. | SME | ₹4.29 Cr | ₹93 | null | ₹103.20 | +10.97% | ₹36.05 (+2.12%) |
| AA Plus Tradelink Ltd. | SME | ₹6.48 Cr | ₹18 | null | ₹17.50 | -2.78% | ₹1.23 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet working capital requirement | 3.21 |
| 2 | Public issue expenses | 0.50 |
| 3 | General corporate purpose | 0.30 |
About Safa Systems IPO
Established on 2012, Safa Systems & Technologies is engaged in the business of distributorship of consumer durable products like Mobile phones, Mobile phone accessories, Tablets, LED TVs, Home appliances and wearable devises of various brands like Xiaomi, OPPO, TECNO, Micromax, One Plus in Kerala. The company works in B2B (Business to Business) model. The company has strict quality regulations and has been also awarded with ISO 9001:2015 quality certifications. Recently, the company has taken an office in Mumbai as a part of its expansion plans to grow their presence into other regions of the country. Competitive Strengths: Organizational stability along with management expertise Established relationship with customers and suppliers Strong supplier relationship ensuring the right supply and pricing of the products Quality & ISO Certifications + Read More
Contact Details
Safa Systems & Technologies Ltd. Address46/2631 B, Safa ArcadeKaniyapilly RoadChakkaraparambuErnakulam, Kerala, 6820287593001140office@sssinfo.inVisit Website