Msafe Equipments IPO Subscription Status – IPO Open

Msafe Equipments IPO subscription status started on Wednesday January 28, 2026 and will close on January 30, 2026. Msafe Equipments IPO to raise around ₹66.42 crores via IPO. The retail quota is 35%, QIB is 50%, and NII is 15%. The price band is fixed at ₹116 to ₹123 per equity share.

Msafe Equipments IPO

Table of Contents

The Msafe Equipments IPO minimum market lot is 2,000 shares with ₹2,46,000 application amount. The Msafe Equipments IPO is a SME IPO, and it is to be listed on BSE SME.

Business Overview

Msafe Equipments, founded in 2019, produces, sells, and offers height-safety equipment for rent to workers who work at heights. Its products include aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders, and fibre reinforced plastic (FRP) ladders. Their products mainly cater to construction, maintenance, installation, repair, and infrastructure development activities to ensure safe working.

The company runs 3 manufacturing facilities in Greater Noida, Uttar Pradesh, with 17 warehouses running in states like Maharashtra, Karnataka, Tamil Nadu, Gujarat, Punjab, and West Bengal. These facilities store and deliver the products for sales and rental purposes. Msafe has manufactured its products across 22 states and 3 Union Territories, serving clients in construction, HVAC, MEP, electrical works, fire safety, interiors, and warehousing sectors as of 2025.


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.

Msafe Equipments IPO Subscription Status – Day 1

CategoryDay 1Day 2Day 3
QIB0.000.000.00
NII0.210.000.00
RII0.280.000.00
Total0.190.000.00


Msafe Equipments 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

Msafe Equipments IPO Review and Rating

  • May Apply For Long-term View

Msafe Equipments IPO Form

How to apply for the Msafe Equipments IPO? You can apply for Msafe Equipments IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Msafe Equipments IPO in the Invest section. The other option is you can apply for Msafe Equipments 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.

Msafe Equipments IPO Subscription Status FAQs:


When Msafe Equipments IPO Subscription will start?

The IPO subscription starts on January 28, 2026 for QIB, NII, and Retail Investors.

How to subscribe Msafe Equipments IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Msafe Equipments IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Msafe Equipments IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Asston Pharmaceuticals “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Msafe Equipments IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Asston Pharmaceuticals “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Msafe Equipments IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Asston Pharmaceuticals ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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