Safecure IPO was subscribed overall 1.81 times on the last day, while the retail quota was subscribed 3.31 times, the QIB was subscribed 0.00 times, and the NII quota was subscribed 0.32 times, respectively.
Details About Safecure IPO
Safecure got approval from SEBI for an IPO of ₹30.60 crores. In this IPO, a fresh issue of ₹30.60 crores with a face value of ₹10 each.
Moreover, the company has set up a price band between ₹102 per share. In this IPO, 2,400 shares were available in 2 lot sizes for the minimum and maximum retail categories. 3,600 shares in 3 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Required minimum investment of ₹2,44,800.
- S–HNI Minimum: Required minimum investment of ₹3,67,200.
Subscription duration of Safecure IPO
The Safecure IPO subscription opening date was October 29, 2025, and closed on October 31, 2025. The Safecure IPO allotment was finalized on November 3, 2025, and the IPO listing is on November 6, 2025.
Funds Deployment of This Company
- The proceeds raised from the fresh issue will be used for Repayment / pre-payment, in full or part, of certain borrowings availed by the Company.
- The proceeds raised from the fresh issue will be used for part-funding the Working Capital requirements of the Company.
- The proceeds raised from the fresh issue will be used for the General Corporate Purpose.
About Safecure IPO
One of the leading companies, Safecure Services, was founded in 2012 and started working on providing security and facility management services. Moreover, over the years, Safecure has grown its operations across India, serving many clients such as government and private organizations, banks, multinational companies, and different industries.
Its headquarters are in Mira Road, Thane, Maharashtra. Through their security services, they aim to give clients a strong sense of safety and security. They believe that sharing knowledge across offices and business areas helps to generate sales leads and build local expertise for different regions. Their security services include manned guarding, event management, ATM management, and technology-based security solutions.
They also offer e-surveillance and monitoring for ATMs and bank branches, which includes electronic security systems, alarm monitoring, and quick response services handled by trained staff.
