✓
Open
6 Apr 2026
✓
Close
8 Apr 2026
3
Allotment
—
✓
Listing
Mon, Apr 13, 2026
Price Band
₹75 to ₹80
Issue Size
60,00,000 shares (agg. up to ₹48 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Apr 13, 2026
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
13-04-2026₹0Est. ₹80+0%
12-04-2026₹0Est. ₹80+0%
11-04-2026₹0Est. ₹80+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.27x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 164.41 | 120.28 | 74.99 | 66.36 |
| Total Income | 68.51 | 103.50 | 45.70 | 49.26 |
| Profit After Tax | 8.52 | 8.99 | 4.01 | 0.43 |
| EBITDA | 16.21 | 17.27 | 8.27 | 2.63 |
| NET Worth | 54.47 | 42.17 | 17.48 | 12.47 |
| Reserves and Surplus | 40.64 | 28.87 | 6.98 | 2.97 |
| Total Borrowing | 39.18 | 33.84 | 29.79 | 18.52 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Srinibas Pradhan Constructions Ltd. | SME | ₹20.32 Cr | ₹98 | 9.15 | ₹104.40 | +6.53% | ₹135.00 (-4.59%) |
| GRE Renew Enertech Ltd. | SME | ₹39.56 Cr | ₹105 | 15.72 | ₹91.20 | -13.14% | ₹152.25 (+5.00%) |
| E to E Transportation Infrastructure Ltd. | SME | ₹84.22 Cr | ₹174 | 15.44 | ₹327.80 | +88.39% | ₹273.75 (+1.77%) |
| Valplast Technologies Ltd. | SME | ₹28.09 Cr | ₹54 | 12.75 | ₹58.63 | +8.57% | ₹39.00 (-3.54%) |
| Chiraharit Ltd. | SME | ₹31.07 Cr | ₹21 | 13.95 | ₹15.96 | -24.00% | ₹8.01 (+3.35%) |
| Telge Projects Ltd. | SME | ₹27.24 Cr | ₹105 | 14.04 | ₹110.45 | +5.19% | ₹166.40 (+4.98%) |
| Karbonsteel Engineering Ltd. | SME | ₹59.30 Cr | ₹159 | 12.47 | ₹194.35 | +22.23% | ₹103.65 (+4.28%) |
| Goel Construction Co.Ltd. | SME | ₹100.10 Cr | ₹263 | 7.8 | ₹317.60 | +20.76% | ₹471.15 (-4.99%) |
| Oval Projects Engineering Ltd. | SME | ₹46.74 Cr | ₹85 | 13.91 | ₹85.05 | +0.06% | ₹57.00 (-1.72%) |
| Current Infraprojects Ltd. | SME | ₹41.80 Cr | ₹80 | 11.78 | ₹152.75 | +90.94% | ₹102.00 (+0.99%) |
| Mahendra Realtors & Infrastructure Ltd. | SME | ₹49.45 Cr | ₹85 | 9.94 | ₹64.60 | -24.00% | ₹72.25 (+4.11%) |
| Savy Infra & Logistics Ltd. | SME | ₹69.98 Cr | ₹120 | 7.53 | ₹143.30 | +19.42% | ₹120.00 (-0.50%) |
| Suntech Infra Solutions Ltd. | SME | ₹44.39 Cr | ₹86 | 14.31 | ₹103.80 | +20.70% | ₹33.00 (+3.61%) |
| Mayasheel Ventures Ltd. | SME | ₹27.28 Cr | ₹47 | 6.74 | ₹60.90 | +29.57% | ₹39.00 (-1.14%) |
| Samay Project Services Ltd. | SME | ₹14.69 Cr | ₹34 | 8.94 | ₹36.00 | +5.88% | ₹46.00 (-3.16%) |
| Integrity Infrabuild Developers Ltd. | SME | ₹12.00 Cr | ₹100 | 32.68 | ₹103.50 | +3.50% | ₹162.00 (+1.25%) |
| Solarworld Energy Solutions Ltd. | Mainboard | ₹490.00 Cr | ₹351 | 33.77 | ₹323.50 | -7.83% | ₹212.51 (+2.38%) |
| GK Energy Ltd. | Mainboard | ₹464.26 Cr | ₹153 | 20.29 | ₹167.74 | +9.63% | ₹138.17 (-2.16%) |
| Vikran Engineering Ltd. | Mainboard | ₹772.00 Cr | ₹97 | 22.88 | ₹95.71 | -1.33% | ₹73.32 (-0.18%) |
| M&B Engineering Ltd. | Mainboard | ₹650.00 Cr | ₹385 | 24.98 | ₹408.65 | +6.14% | ₹328.65 (-1.36%) |
| Globe Civil Projects Ltd. | Mainboard | ₹119.00 Cr | ₹71 | 19.83 | ₹94.46 | +33.04% | ₹41.20 (-0.48%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment, in part or full of certain of the borrowings | 6.00 |
| 2 | Funding the working capital requirements of the Company | 31.50 |
| 3 | General Corporate Purposes | 4.74 |
| 4 | Issue Expenses | 5.76 |
| Total | 48.00 |
About Safety Controls IPO
Incorporated in June 2015, Safety Controls and Devices Limited specialises in EPC (Engineering, Procurement, and Construction), focusing on substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, we operate as an engineering enterprise. The company primarily caters to government entities and undertakings, constituting a significant portion of its customer base. This includes various state and central government power utilities, private power entities, and renewable energy developers. The company operates 19 substations and is expanding into utility-scale solar and electric vehicle charging stations. The company has completed turnkey projects for 30 years. The company is AOC Middle East LLC certified: ISO 9001:2015. Competitive Strengths Technical Expertise Good relationship with Original Equipment Manufacturers (OEMs) and suppliers. Well established association with Government entities Skilled workforce Quality Assurance Diversified Offerings Experienced Leadership and management team. + Read More
Contact Details
Safety Controls & Devices Ltd. AddressC-43/28/1Nawal Kishore RoadHazratganjLucknow, Uttar Pradesh, 226001+91 05224026070cs@safetygroup.inVisit Website