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Msafe Equipments IPO GMP

BSE SMEListed

Aluminium, Copper & Zinc Products · Listed on BSE · 28 Jan 2026 - 30 Jan 2026

Jagat JoshiJagat Joshi
October 30, 2026
Issue Size
66.42 Cr
Price Band
₹116.00 - ₹123.00
Lot Size
1000 Shares
Min Investment
₹2,46,000
GMP
₹20
Subscription
166.72x
₹7,335.34 Cr
IPO Timeline
IPO OpensDONE
28 Jan 2026
IPO ClosesDONE
30 Jan 2026
Basis of AllotmentDONE
02 Feb 2026
RefundsDONE
03 Feb 2026
Demat CreditDONE
03 Feb 2026
ListingDONE
04 Feb 2026

About Msafe Equipments IPO

Msafe Equipments IPO open date is January 28, 2026 and the IPO will close on January 30, 2026. Msafe Equipments IPO is a Book Build Issue. The company to raise around ₹66.42 crores via IPO that comprises fresh issue of ₹54.12 crores and offer for sale up to 10,00,000 equity shares with face value of ₹10 each.

Msafe Equipments IPO price band is ₹116 to ₹123 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Msafe Equipments IPO to list on BSE SME on February 4, 2026. The allotment of Msafe Equipments IPO date is February 2, 2026.

The company reported revenue of ₹71.62 crores in 2025 against ₹48.34 crores in 2024. The company reported profit of ₹13.01 crores in 2025 against profit of ₹6.55 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

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Day-wise GMP Trend

Date & TimeGMP (₹)Est. Listing PriceEst. Gain (%)Est. Profit / Lot (₹)
04-Feb-2026 12:00 PM+₹20₹143+16.26%₹20,000
03-Feb-2026 12:00 PM+₹20₹143+16.26%₹20,000
02-Feb-2026 12:00 PM+₹26₹149+21.14%₹26,000
01-Feb-2026 12:00 PM+₹26₹149+21.14%₹26,000
31-Jan-2026 12:00 PM+₹26₹149+21.14%₹26,000
30-Jan-2026 12:00 PM+₹25₹148+20.33%₹25,000
29-Jan-2026 12:00 PM+₹23₹146+18.70%₹23,000
28-Jan-2026 12:00 PM+₹20₹143+16.26%₹20,000
26-Jan-2026 12:00 PM+₹11₹134+8.94%₹11,000
24-Jan-2026 12:00 PM+₹11₹134+8.94%₹11,000
23-Jan-2026 12:00 PM+₹7₹130+5.69%₹7,000
22-Jan-2026 12:00 PM+₹7₹130+5.69%₹7,000

Msafe Equipments IPO GMP is ₹20 updated as of 04-Feb-2026 12:00 PM. The estimated listing gain for Msafe Equipments is 16.26% with an estimated profit of ₹20,000 per applied lot. Based on the latest GMP, the IPO may list at ₹143.

Msafe Equipments GMP touched a high of ₹26 on 02 Feb 2026, while the lowest GMP of ₹7 was recorded on 23 Jan 2026.

The GMP is available with historical trend, estimated listing price and day-wise grey market movement. The IPO GMP is an unofficial indicator that reflects investor-market sentiment, and demand for an IPO in unofficial market before listing. However, it may fluctuate based on investor demand, market conditions and overall sentiment.

Disclaimer:

The IPO GMP and estimated listing price mentioned on this page are provided for informational and educational purposes only. The grey market is unofficial and unregulated and can change without notice.

We do not buy or sell IPO applications in the grey market. Investors should not subscribe to an IPO based on GMP. Please do your own research and consider the company’s fundamentals, financial information, valuation, and risk factors before investing in an IPO.

Stock market investments are subject to market risks. Please read all offer-related documents carefully before investing.

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Msafe Equipments IPO Lot Size & Estimated Profit

ApplicationLotsSharesEst. Profits (₹)
Individual investors (Retail) (Min)22,000+₹40,000
Individual investors (Retail) (Max)22,000+₹40,000
S-HNI (Min)33,000+₹60,000
S-HNI (Max)88,000+₹1,60,000
B-HNI (Min)99,000+₹1,80,000

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