Safa Systems IPO Date, Review, Price, Form & Market Lot Details

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Safa Systems & Technologies Limited SME IPO to open on January 28 and will close on February 01, 2022. Safa Systems started their business as branded mobile distributors in the year 2012 with a brand name “Micromax” which is now one of the known brands in India. They are doing business of distributorship of consumer durable products like Mobile phones, Mobile phone accessories, Tablets, LED TVs, Home appliances, and wearable devices. The company is working with brands like Xiaomi, OPPO, TECNO, Micromax, One Plus in Kerala. Today they are one of the leading distributors of major mobile phone Brands in Kerala for consumer and professional markets like Micro max, Oppo, Xiaomi, Panasonic, Swipe, and Zen. The company working in the B2B model.
The IPO price band is fixed at ₹10 with a market lot of 10000 shares. Safa Systems is a BSE SME IPO and they are going to raise ₹4 crores via SME IPO. Check out Safa Systems IPO date, price band, and market lot details.

Safa Systems

    Safa Systems IPO Review

    • Risky

    Safa Systems IPO Date & Price Band

     IPO Open: 28 January 2022
     IPO Close: 01 February 2022
     IPO Size: Approx ₹4 Crores
     Face Value: ₹10 Per Equity Share
     Price Band: ₹10 Per Equity Share
     Listing on: BSE SME
     Retail Quota: 50%
     NII Quota: 50%
     DRHP Draft Prospectus: Click Here
     RHP Draft Prospectus: Click Here

    Safa Systems IPO Market Lot

    The Safa Systems IPO minimum market lot is 10000 shares with ₹100,000 application amount.
     IPO Lot Size: Minimum 10000 Shares for 1 lot
     Minimum Amount: ₹100,000 for 1 lot

    Safa Systems IPO Time Table, Allotment & Listing

    The Safa Systems IPO date is 28 January 2022 and the IPO close date is 01 February 2022. The allotment date is 04 February 2022 and the IPO may list on 09 February 2022.
     IPO Open Date: 28 January 2022
     IPO Close Date: 01 February 2022
     Basis of Allotment: 04 February 2022
     Refunds: 07 February 2022
     Credit to Demat Account: 08 February 2022
     IPO Listing Date: 09 February 2022

    Safa Systems IPO Form

    How to apply the Safa Systems IPO? You can apply Safa Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Safa Systems IPO in the Invest section. The other option you can apply Safa Systems IPO via IPO forms download via BSE website. Check out the Safa Systems forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

    Safa Systems Company Financial Report

      ₹ in Crores
    2022 – 6M₹1.45₹1.44₹0.27

    Company Promoters

    • Mr. Faizal Bavaraparambil Abdul Khader
    • Mr. Bavaraparambil Abdhulkadher Hydrose

    Safa Systems IPO Registrar

    Cameo Corporate Services Limited
    Phone: +91-44-28460390
    Note: Check Safa Systems IPO allotment status on Cameo website allotment URL. Click Here

    Safa Systems IPO Lead Managers

    • Finshore Management Services Limited

      Company Address

      Safa Systems & Technologies Limited
      46/2631 B, Safa Arcade,
      Kaniyapilly Road, Chakkaraparambu,
      Ernakulam-682028, Kerala, India
      Phone: 7593001140

      Safa Systems IPO FAQs

      What is Safa Systems IPO?

      Safa Systems IPO is a BSE SME IPO. They are going to raise ₹4 Crores via IPO. The issue is priced at ₹10 per equity share. The IPO is to be listed on BSE.

      When Safa Systems IPO will open?

      The IPO is to open on 28 January 2021 for NII, and Retail Investors.

      What is Safa Systems IPO Investors Portion?

      The investors’ portion for NII 50%, and Retail 50%.

      How to Apply the Safa Systems IPO?

      You can apply Safa Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

      How to Apply the Safa Systems 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 “Safa Systems Finance”. 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 Safa Systems IPO through Upstox?

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

      What is Safa Systems IPO Size?

      Safa Systems IPO size is ₹4 crores.

      What is Safa Systems IPO Price Band?

      Safa Systems IPO Price Band is ₹10 per equity share.

      What is Safa Systems IPO Minimum and Maximum Lot Size?

      The IPO bid is 10000 shares with ₹100,000.

      What is Safa Systems IPO Allotment Date?

      Safa Systems IPO allotment date is 04 February 2022.

      What is Safa Systems IPO Listing Date?

      Safa Systems IPO listing date is 09 February 2022. The IPO to list on BSE SME.

      Note: The Safa Systems IPO details are announced officially. The IPO grey market premium (Safa Systems IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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