Msafe Equipments IPO Details
| IPO Open Date | January 28, 2026 |
| IPO Close Date | January 30, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹116 to ₹123 Per Share |
| Issue Size | Approx ₹66.42 Crores |
| Fresh Issue | Approx ₹54.12 Crores |
| Offer for Sale: | Approx 10,00,000 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Msafe Equipments IPO Review & Key Points
- Review:
Msafe Equipments IPO Market Lot
The Msafe Equipments IPO minimum market lot is 2,000 shares with ₹2,46,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,46,000 |
| Retail Maximum | 2 | 2,000 | ₹2,46,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,69,000 |
| S-HNI Maximum | 8 | 8,000 | ₹9,84,000 |
| B-HNI Minimum | 9 | 9,000 | ₹11,07,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 25,42,000 Shares | 50% |
| NII Shares Offered | 7,74,000 Shares | 14.33% |
| Retail Shares Offered | 17,86,000 Shares | 33.07% |
Msafe Equipments IPO Anchor Investors
| Anchor Bidding Date | January, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Msafe Equipments IPO Dates
The Msafe Equipments IPO date is January 28 and the close date is January 30. The Msafe Equipments IPO allotment will be finalized on February 2 and the IPO listing on February 4.
| IPO Open Date: | January 28, 2026 |
| IPO Close Date: | January 30, 2026 |
| Basis of Allotment: | February 2, 2026 |
| Refunds: | February 3, 2026 |
| Credit to Demat Account: | February 3, 2026 |
| IPO Listing Date: | February 4, 2026 |
| IPO Bidding Cut-off Time: | January 30, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Pradeep Aggarwal, Ajay Kumar Kanoi, Vansh Aggarwal, Rushil Agarwal, Gaurav Ajay Kumar Kanoi, Rajani Ajay Kanoi and Monika Aggarwal.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,60,00,000 | 15.12% |
| Promoter Holding Post Issue | 2,04,00,000 | 19.28% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding of Capital expenditure towards setup of a new Manufacturing Facility; | ₹27.20 |
| Funding of Capital expenditure for manufacturing of equipments for rental purpose; | ₹10.00 |
| Utilization towards working capital requirements; and | ₹15.00 |
| General Corporate Purpose | ₹- |
About Msafe Equipments IPO
To be updated soon
Msafe Equipments IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹29.71 | ₹24.83 | ₹3.65 | ₹33.54 |
| 2024 | ₹48.34 | ₹39.58 | ₹6.55 | ₹48.19 |
| 2025 | ₹71.62 | ₹54.19 | ₹13.01 | ₹73.59 |
Msafe Equipments IPO Valuation – FY2025
Check Msafe Equipments IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 67.97% |
| ROCE: | 34.56% |
| EBITDA Margin: | 36.55% |
| PAT Margin: | 18.24% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹8.13 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 50.73% |
| Net Asset Value (NAV): | ₹16.03 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Techno Craft India Industries Limited | 112.32 | 24.60 | 14.84% | 781.69 | 2,595.58 Cr. |
IPO Lead Managers aka Merchant Bankers
- Seren Capital Pvt. Ltd.
Company Address
Msafe Equipments Ltd.
F-311, 3rd Floor
Aditya Arcade Plot No. 30
Community Center, Preet Vihar, East Delh
New Delhi, New Delhi, 110092
Phone: +91-88822 07104
Email: [email protected]
Website: http://www.msafegroup.com/
IPO Registrar
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
Msafe Equipments IPO FAQs
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Note: The Msafe Equipments IPO price band and date are officially announced. The (Msafe Equipments IPO grey market premium) will be added to the IPO GMP page as it will start).
