Safe Enterprises Retail Fixtures IPO - Details
Safe Enterprises Retail Fixtures IPO is set to open for subscription on June 20, 2025, and will close on June 24, 2025. This offering is a Book Built Issue, with the company planning to raise approximately ₹169.74 crores through a fresh issue of shares. Additionally, there will be an Offer for Sale (OFS) of equity shares, each having a face value of ₹5.
The price band for the IPO has been fixed between ₹131 to ₹138 per share. The issue is structured with 50% reserved for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 35% for retail investors, ensuring broad participation across investor categories.
The IPO is proposed to be listed on the NSE with a tentative listing date of June 27, 2025, and the allotment is expected on June 25, 2025.
For the financial year 2024, Safe Enterprises Retail Fixtures reported a healthy revenue of ₹101.38 crores and a net profit of ₹23.09 crores
Safe Enterprises Retail Fixtures IPO Market Lot (KPI)
The Safe Enterprises Retail Fixtures IPO minimum market lot is 1000 shares with ₹1,38,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹1,38,000 |
Retail Maximum | 1 | 1000 | ₹1,38,000 |
S-HNI Minimum | 2 | 2000 | ₹2,76,000 |
Safe Enterprises Retail Fixtures IPO Details
IPO Open Date: | June 20, 2025 |
IPO Close Date: | June 24, 2025 |
Face Value: | ₹5 Per Equity Share |
IPO Price Band: | ₹131 to ₹138 Per Share |
Issue Size: | Approx ₹169.74 Crores |
Fresh Issue: | Approx ₹169.74 Crores |
Issue Type: | Book Build Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Safe Enterprises Retail Fixtures IPO Valuation – FY2024 (KPI)
Safe Enterprises Retail Fixtures IPO, including key metrics such as Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
KPI | Values |
ROE: | 105.34% |
ROCE: | 114.11% |
EBITDA Margin: | 33.94% |
PAT Margin: | 22.88 % |
Debt to equity ratio: | 0.03 |
Earning Per Share (EPS): | ₹6.99 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 79.64% |
Net Asset Value (NAV): | ₹6.99 |
Safe Enterprises Retail Fixtures IPO Company Financial Report
In the financial year 2024, the company posted a revenue of ₹101.38 crores and achieved a net profit of ₹23.09 crores.
(Figures in ₹ crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2024 | ₹101.38 | ₹70.11 | ₹23.09 | ₹54.40 |
September 2024 | ₹58.09 | ₹36.30 | ₹16.96 | ₹76.39 |
Safe Enterprises Retail Fixtures IPO Dates
The Safe Enterprises Retail Fixtures IPO will open for bidding on June 20 and close on June 24, 2025. The share allotment is expected to be finalized by June 25, with the listing likely to take place on June 27.
IPO Open Date: | June 20, 2025 |
IPO Close Date: | June 24, 2025 |
Basis of Allotment: | June 25, 2025 |
Refunds: | June 26, 2025 |
Credit to Demat Account: | June 26, 2025 |
IPO Listing Date: | June 27, 2025 |
Promoters of Safe Enterprises Retail Fixtures IPO
The promoters of the company are Saleem Shabbir Merchant, Mikdad Saleem Merchant, Huzefa Salim Merchant and Munira Salimbhai Merchant.
About Safe Enterprises Retail Fixtures IPO
Safe Enterprises Retail Fixtures Ltd., established in 1976, is a prominent player in the retail infrastructure space. The company specializes in the design, production, supply, and installation of shop fittings and retail display solutions. It offers end-to-end services, right from concept design and prototyping to final manufacturing and on-site installation, ensuring products meet industry standards and safety requirements.
Serving a diverse range of sectors—including fashion and apparel, electronics, departmental stores, groceries, and luxury retail—the company provides customized fixture solutions tailored to each client’s needs. Its client portfolio features several well-known names such as Zudio, Westside, Reliance Retail, Future Group, and Godrej Nature’s Basket.
As of October 31, 2024, the company operates across 25+ states and Union Territories in India and has a dedicated design team of 15 professionals
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Naman In-Store (India) Limited | 11.99 | 14.47 | 24.23% | NA | 144.87 Cr. |
Objects of the Issue
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To finance capital expenditure for establishing a new manufacturing facility
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To invest in Safe Enterprises Retail Technologies Private Limited, supporting its capital expenditure needs for installing additional plant and machinery
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To fulfill the working capital requirements of the parent company
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To provide working capital support to the subsidiary, Safe Enterprises Retail Technologies Private Limited
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For general corporate purposes
Merchant Bankers
- Hem Securities Limited
Company Address
Safe Enterprises Retail Fixtures Limited
Plot No. D-372
TTC MIDC Industrial Area,
MIDC Kukshet Village, Sanpada,
Phone: +917021883016
Email: [email protected]
Website: https://safeenterprises.com/
Safe Enterprises Retail Fixtures IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
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