IPO

Safe Enterprises Retail Fixtures Ltd. IPO

Safe Enterprises Retail Fixtures Ltd., established in 2024, operates in the Furniture, Furnishing & Flooring sector. The company's IPO opened on June 20, 2025 and closed on June 24, 2025, with an ... Read more

Min Investment
₹ 1,38,000 / 1000 shares
Price Range
₹131 - ₹ 138
Bidding Dates
20 Jun '25 - 24 Jun '25
Total Issue Value
169.74 Cr
Lot Size
1,000
Total Issue Size
169.74 Cr
Listing At
NSE SME
Subscription
13.80 times
NSE Price
260.00 (88.41%)

IPO Timeline

  • 20 Jun 2025
    Bidding Starts
  • 24 Jun 2025
    Bidding Ends
  • 25 Jun 2025
    Allotment Finalization
  • 27 Jun 2025
    Listing

About Safe Enterprises Retail Fixtures Ltd.

We are engaged in the business of designing, manufacturing, supplying and installation of shop fittings and retail fixtures, offering a wide range of customized in-store solutions across multiple retail segments such as fashion & apparels, electronics, departmental store etc. We are ... Read more

Parent organisation
Founded
Safe Enterprises Retail Fixtures Ltd.
2024

Safe Enterprises Retail Fixtures Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 35,01,000 (28.46%)
Market Makers 6,24,000 (5.07%)
Non Institutional Investors 17,52,000 (14.24%)
Qualified Institutional Buyers (QIBs) 23,36,000 (18.99%)
Retail Individual Investors (RIIs) 40,87,000 (33.23%)

Safe Enterprises Retail Fixtures Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 101.47 Cr 21.40 Cr 0
31 Mar 2023 74.50 Cr 19.49 Cr 0
31 Mar 2022 37.89 Cr 2.07 Cr 0

Safe Enterprises Retail Fixtures Ltd. Background

Major Events And Milestones
  • 1976
    Formation of M/s Safe Enterprises as a partnership firm under the Indian Partnership Act, 1932 by Saleem shabbir merchant, Zainab Bai Fakruddin, Fatema Hatim Merchant and Shirinbhai Asgarali at Mumbai, Maharashtra with effect from August 01, 1976
  • 2016
    Takeover of the Insync Shopfittings business into Safe Enterprises through a Slump Sale Deed dated May 11, 2016, from the sister concern, Insync Retail Project Management Private Limited.
  • 2023
    Initiation of New plant at D-222/19, TTC Industrial Area, Nerul, Navi Mumbai-400705, Maharashtra, India
  • 2024
    Acquisition of 42.65% controlling interest in Safe Enterprises Retail Technologies Private Limited.
    Conversion of Partnership firm “Safe Enterprises” into a public limited company under Part I of Chapter XXI of the Companies Act, 2013.
    Acquisition of 94.26% controlling interest in Safe Enterprises Retail Technologies Private Limited.
    Acquisition of 99.97 % stake in Inscite Advisory Services LLP.
  • 2025
    Purchase of land established at Plot No. B11, Lodha Industrial and Logistics Park-2 (LILP-2), admeasuring approximately 16,290 square metres, comprising survey numbers 89/4 (part), 90/1 (part), 90/2, 90/3 (part), 90/4, and 90/5 (part), situated at Village Nahren, Taluka Ambernath, District Thane, Maharashtra, India. Company has purchased the said land vide sale agreement dated May 20, 2025, from Macrotech Developers Limited (formerly known as Lodha Developers Limited).
Safe Enterprises Retail Fixtures Ltd. Object of Issues

1. Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
2. Investment in our Subsidiary, Safe Enterprises Retail Technologies Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery
3. To Meet Working Capital Requirements of our Company
4. Investment in our subsidiary Safe Enterprises Retail Technologies Private Limited to meet working capital requirements
5. General Corporate Purpose

Safe Enterprises Retail Fixtures Ltd. IPO Listing Details
Listing Date
27 Jun 2025
ISIN
INE17D601016
Final Issue Price
₹ 138
Safe Enterprises Retail Fixtures Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 138.00
Open - ₹ 151.00
Low - ₹ 151.00
High - ₹ 158.55
Last Trade - ₹ 158.55
Safe Enterprises Retail Fixtures Ltd. Company Promoters

1. Saleem Shabbir Merchant
2. Mikdad Saleem Merchant
3. Huzefa Salim Merchant
4. Munira Salim Merchant

Industry Overview

The commercial interior design segment is the largest market with a share of around 75% as of 2023; it is also the fastest-growing segment in the country. Growth in this segment is driven by India’s booming commercial real estate market. The manufacturing of textiles Index for the month of ... Read more

Safe Enterprises Retail Fixtures Ltd. Contact Details
Address: Plot No. D-372, TTC MIDC Industrial Area, MIDC Kukshet Village, Sanpada, Thane Maharashtra - 400703
Phone no:7021883016
7021883016
|
Safe Enterprises Retail Fixtures Ltd. IPO Registrar
Maashitla Securities Pvt. Ltd.
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034
45121795, 45121796
Safe Enterprises Retail Fixtures Ltd. IPO Lead Manager(s)
Hem Securities Ltd
No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013
49060000

FAQs

When does Safe Enterprises Retail Fixtures Ltd. IPO opens and closes?

Safe Enterprises Retail Fixtures Ltd. IPO opens from 20th June to 24th June 2025.

What is the size of Safe Enterprises Retail Fixtures Ltd. IPO?

The size of the Safe Enterprises Retail Fixtures Ltd. IPO is ₹169.74 Cr.

What is the price range of Safe Enterprises Retail Fixtures Ltd. IPO?

The price range of Safe Enterprises Retail Fixtures Ltd. IPO is at ₹131 to ₹138 per share.

What is the minimum investment and lot size required for the Safe Enterprises Retail Fixtures Ltd. IPO?

The minimum investment required is ₹1,38,000 and minimum lot size is 1000 shares.

When is Safe Enterprises Retail Fixtures Ltd. IPO listing date?

The Safe Enterprises Retail Fixtures Ltd. IPO will be listed on 27th June 2025.

What is the objective of Safe Enterprises Retail Fixtures Ltd. IPO?

1. Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
2. Investment in our Subsidiary, Safe Enterprises Retail Technologies Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery
3. To Meet Working Capital Requirements of our Company
4. Investment in our subsidiary Safe Enterprises Retail Technologies Private Limited to meet working capital requirements
5. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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