The Safety Controls IPO minimum market lot is 3,200 shares with ā¹2,56,000 application amount. The Safety Controls IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Safety Controls and Devices Limited, founded in 2015, offers complete engineering project services. The firm offers complete EPC services for substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush.
From design, supply, installation, testing, to setup, the firm gets involved in every step of transmission substations. Based in Lucknow, Uttar Pradesh, the company mainly works with government organizations.
Most of the firmās customers are government and private entities, such as State and central government power utilities, Private power entities, and Renewable energy developers. Currently, Safety Controls runs 19 substations and is planning to expand its business into large solar projects and EV charging stations. Moreover, the firm has experience of over 30 years and has completed various turnkey projects..
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Safety Controls IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Safety Controls IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Safety Controls IPO Review and Rating
- May Apply For Long-term View
Safety Controls IPO Form
How to apply for the Safety Controls IPO? You can apply for Safety Controls IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Safety Controls IPO in the Invest section. The other option is you can apply for Safety Controls IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
