Safety Controls & Devices IPO
- Issue price
- ₹80
- Listing price
- ₹83
- +3.75%
- Current price
- ₹71.37
- -10.79%
- Subscribed
- 1.26x
- Issue size
- ₹48 Cr
- Listed on
- 13 Apr 2026
IPO timeline
- Opens6 AprMon
- Closes8 AprWed
- Allotment9 AprThu
- Refunds10 AprFri
- Demat credit10 AprFri
- Listing13 AprMon
Issue details
- Price band
- ₹75 – ₹80 per share
- Issue size
- ₹48 Cr
- Fresh issue
- ₹48 Cr · 0.6 Cr shares
- Offer for sale
- None
- Issue type
- Fresh capital only
- Face value
- ₹10 per share
- Lot size
- 1,600 shares
- Minimum investment
- ₹1,28,000
- Listing on
- BSE SME
- Exchange code
- SCDL.BO · 7672
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,28,000 |
| Retail (Max) | 1 | 1,600 | ₹1,28,000 |
| HNI (Min) | 2 | 3,200 | ₹2,56,000 |
Reservation
- QIB
- 27,84,000 shares (48.88% of the Offer)
- NII
- 8,64,000 shares (15.17% of the Offer)
- Retail
- 20,48,000 shares (35.96% of the Offer)
Allotment status
The allotment for this IPO is final. Check whether you received shares on the registrar's website using your PAN, application number or demat account (DP / Client ID).
Check allotment on Maashitla Securities- 1Open the registrar's allotment page and select this IPO from the list.
- 2Enter your PAN, application number or DP / Client ID.
- 3Submit to see the number of shares allotted, if any.
- Basis of allotment
- 9 Apr 2026
- Refunds initiated
- 10 Apr 2026
- Shares credited to demat
- 10 Apr 2026
- Listing
- 13 Apr 2026
Grey market premium (GMP)
- Current GMP
- ₹0
- —
- Estimated listing price
- ₹80
- Issue price ₹80
- Kostak rate
- ₹0
GMP is an unofficial indicator from an unregulated market. It is shown for information only and is not a prediction of the listing price or a recommendation to apply.
Subscription status
- QIB1.31x
- NII (HNI)2.07x
- Retail0.76x
Financials
- P/E Ratio
- 15.51
- EPS (₹)
- 5.16
- RoCE
- 37.39%
- RoNW
- 21.32%
- PAT Margin
- 8.77%
Separate pre- and post-issue P/E are not available for this IPO; the P/E shown is as disclosed for the issue.
| 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 |
Peer comparison
| Company | Issue size | P/E | RoNW | PAT margin | Subscribed | Listing gain |
|---|---|---|---|---|---|---|
| Safety Controls & Devices This IPO | ₹48 Cr | 15.51 | 21.32% | 8.77% | 1.26x | +3.75% |
| Teamtech Formwork Solutions SME · listed 26 May 2026 | ₹50 Cr | 16.29 | 34.89% | 21.60% | 4.71x | +12.70% |
| Srinibas Pradhan Constructions SME · listed 13 Mar 2026 | ₹20.32 Cr | 9.37 | 55.76% | 7.34% | 1.13x | +2.09% |
| Indo SMC SME · listed 21 Jan 2026 | — | 14.86 | 43.27% | 11.13% | 102.83x | 0.00% |
| Gabion Technologies India SME · listed 13 Jan 2026 | — | 17.04 | 30.05% | 6.60% | 768.12x | +9.88% |
| E to E Transportation Infrastructure SME · listed 2 Jan 2026 | — | -ve | 12.39% | 5.73% | 527.76x | 0.00% |
| Dhara Rail Projects SME · listed 31 Dec 2025 | — | 13.45 | 50.66% | 14.67% | 112.01x | +9.52% |
Peers are other recent IPOs from the same industry, closest in issue size. Ratios are as disclosed at the time of each issue. This is not the listed-peer table from the offer document.
About Safety Controls & Devices
Safety Controls & Devices was established in the early 2000s with a focus on providing reliable safety and control solutions for industrial applications. Over the years, the company has built a strong foundation by catering to sectors such as electrical, manufacturing, and infrastructure. Promoted by experienced professionals with technical and industry knowledge, the company has steadily expanded its capabilities and strengthened its market presence through consistent quality and customer-focused approach. The company is primarily engaged in the manufacturing and supply of safety devices, control panels, and related equipment designed to ensure operational efficiency and workplace safety. Its business model revolves around offering customised and standardised solutions to clients, maintaining long-term relationships, and ensuring repeat business. With a growing client base and emphasis on product innovation, the company continues to scale its operations across domestic markets while exploring opportunities in new segments.
Objects of the issue
- Repayment/prepayment, in part or full of certain of the borrowings₹6 Cr
- Funding the Working Capital Requirements of the Company₹31.5 Cr
- General corporate purposes
Promoters and shareholding
Abhishek Chopra, Anjali Chopra and Rajnish Chopra
- Promoter holding, pre-issue
- 66.53%
- Promoter holding, post-issue
- 46.4%
Registrar, lead managers and documents
Lead manager
Company contact
C-43/28/1, Nawal Kishore Road, Hazratganj, Lucknow, Uttar Pradesh, 226001
+91 05224026070
cs@safetygroup.inSafety Controls & Devices IPO: common questions
When does the Safety Controls & Devices IPO open and close?
The Safety Controls & Devices IPO opens on 6 Apr 2026 and closes on 8 Apr 2026.
What is the price band of the Safety Controls & Devices IPO?
The price band is ₹75 – ₹80 per share, with a lot size of 1,600 shares and a minimum investment of ₹1,28,000.
What is the size of the Safety Controls & Devices IPO?
The issue size is ₹48 Cr (Fresh capital only).
What is the GMP of the Safety Controls & Devices IPO?
The last reported grey market premium is ₹0 per share as of 11 Apr 2026, 09:49 PM IST. GMP is unofficial and changes frequently.
When is the Safety Controls & Devices IPO allotment?
The basis of allotment is expected on 9 Apr 2026. Allotment status can be checked with the registrar, Maashitla Securities Private Limited.
When will the Safety Controls & Devices IPO list?
The shares listed on 13 Apr 2026 on BSE SME.
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