Safety Controls IPO Details
| IPO Open Date | April 6, 2026 |
| IPO Close Date | April 8, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹75 to ā¹80 Per Share |
| Issue Size | Approx ā¹48 Crores |
| Fresh Issue | Approx ā¹48 Crores |
| Issue Type | Book build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Safety Controls IPO Review & Key Points
- Review:
Safety Controls IPO Market Lot
The Safety Controls IPO minimum market lot is 3,200 shares with ā¹2,56,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ā¹2,56,000 |
| Retail Maximum | 2 | 3,200 | ā¹2,56,000 |
| S-HNI Minimum | 3 | 4,800 | ā¹3,84,000 |
| S-HNI Maximum | 7 | 11,200 | ā¹8,96,000 |
| B-HNI Minimum | 8 | 12,800 | ā¹10,24,000 |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Safety Controls IPO Anchor Investors
| Anchor Bidding Date | 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 |
Safety Controls IPO Dates
The Safety Controls IPO date is April 6 and the close date is April 8. The Safety Controls IPO allotment will be finalized on April 9 and the IPO listing on April 13.
| IPO Open Date: | April 6, 2026 |
| IPO Close Date: | April 8, 2026 |
| Basis of Allotment: | April 9, 2026 |
| Refunds: | April 10, 2026 |
| Credit to Demat Account: | April 10, 2026 |
| IPO Listing Date: | April 13, 2026 |
| IPO Bidding Cut-off Time: | April 8, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Rajnish Chopra, Anjali Chopra and Abhishek Chopra.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,38,26,999 | 66.53% |
| Promoter Holding Post Issue | 1,98,26,999 | 46.40% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Repayment/prepayment, in part or full of certain of the borrowings | ā¹6.00 |
| Funding the Working Capital Requirements of the Company | ā¹31.50 |
| General Corporate Purpose | ā¹- |
About Safety Controls IPO
Safety Controls and Devices Limited, founded in 2015, offers complete engineering project services. The firm offers complete EPC services for substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush.
From design, supply, installation, testing, to setup, the firm gets involved in every step of transmission substations. Based in Lucknow, Uttar Pradesh, the company mainly works with government organizations.
Most of the firmās customers are government and private entities, such as State and central government power utilities, Private power entities, and Renewable energy developers. Currently, Safety Controls runs 19 substations and is planning to expand its business into large solar projects and EV charging stations. Moreover, the firm has experience of over 30 years and has completed various turnkey projects.
Safety Controls IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹49.26 | ā¹48.67 | ā¹0.43 | ā¹66.36 |
| 2024 | ā¹45.70 | ā¹40.31 | ā¹4.01 | ā¹74.99 |
| 2025 | ā¹103.50 | ā¹91.61 | ā¹8.99 | ā¹120.28 |
Safety Controls IPO Valuation – FY2025
Check Safety Controls 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: | 30.14% |
| ROCE: | 37.39% |
| EBITDA Margin: | 16.84% |
| PAT Margin: | 8.77% |
| Debt to equity ratio: | 0.80 |
| Earning Per Share (EPS): | ā¹6.98 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 21.32% |
| Net Asset Value (NAV): | ā¹31.70 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Viviana Power Tech Limited | 27.68 | 59.47 | 39.96% | 97.93 | – Cr. |
| Oriana Power Limited | 79.52 | 31.68 | 31.11% | 254.75 | – Cr. |
IPO Lead Managers aka Merchant Bankers
- Sobhagya Capital Options Pvt. Ltd.
Company Address
Safety Controls & Devices Ltd.
C-43/28/1,
Nawal Kishore Road
Hazratganj,
Lucknow, Uttar Pradesh, 226001
Phone: +91 05224026070
Email: cs@safetygroup.in
Website: https://www.safetygroup.in/
IPO Registrar
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Safety Controls IPO FAQs
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Note: The Safety Controls IPO price band and date are officially announced. The (Safety Controls IPO grey market premium) will be added to the IPO GMP page as it will start).
