Acme Universal Safezone 9 SME IPO
Acme Universal Safezone 9 IPO — date, price band, lot size & details 2026
Acme Universal Safezone 9 listed on 6 Oct 2026 at ₹101, 42.3% above the ₹71 issue price.
Acme Universal Safezone 9 Limited makes industrial safety footwear for construction, oil and gas, mining, engineering, automotive, pharma and power, with 15 product lines across EVA-rubber, nitrile rubber and PVC soles. It runs four plants in Madhya Pradesh and Uttar Pradesh and warehouses at more than 40 locations.
Stock price
Acme Universal Safezone 9 is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 16 October.
- Open 28 Sep 2026
- Close 30 Sep 2026
- Allotment 01 Oct 2026
- Refund/credit 05 Oct 2026
- Listing 06 Oct 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 28 to 30 Sep, 2026 |
|---|---|
| Price Band | ₹65 – ₹71 |
| Face Value | ₹10 |
| Lot Size | 1600 Shares |
| Issue Size | ₹35.93 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE SME |
| Registrar | Maashitla Securities Private Limited |
| Min Investment | ₹ 2,27,200 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1600 shares at the ₹71 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 3,200 | ₹2,27,200 |
| Retail (max) | 2 | 3,200 | ₹2,27,200 |
| HNI (min) | 3 | 4,800 | ₹3,40,800 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 8
- 01Sales have grown steadily, from Rs 181.67 crore in FY2024 to Rs 191.31 crore in FY2025 and Rs 211.16 crore in FY2026.
- 02Profit recovered strongly in FY2026, from Rs 0.80 crore to Rs 5.86 crore.
- 03Safety footwear is often required by law and by safety policy on industrial sites, which gives steady replacement demand.
- 04It sells to many industries, from construction and mining to pharma and power, so it is not tied to one sector.
- 05It has four manufacturing facilities and warehousing at more than 40 locations, which supports fast delivery across India.
- 06It uses established systems, ICad3D for design and SAP S/4 HANA for operations, which is unusual for a company of this size.
- 07It exports as well as selling in India.
- 08Net worth has grown from Rs 41.96 crore in FY2024 to Rs 52.77 crore in FY2026.
Risks · 8
- 01Profit is very volatile. It was Rs 7.56 crore in FY2024, collapsed to Rs 0.80 crore in FY2025 and recovered to Rs 5.86 crore in FY2026.
- 02The profit margin is very thin at 2.84%, and return on capital employed is only 5.54%.
- 03The issue is priced at about 23.13 times earnings on an EPS of Rs 3.07, which is high for returns this low.
- 04Borrowing has risen every year, from Rs 44.51 crore in FY2024 to Rs 58.05 crore in FY2026, a debt to equity ratio of 1.10.
- 05Safety footwear sells heavily through institutional tenders, where the lowest price usually wins.
- 06Rubber, PVC and leather input prices move with commodity markets and are hard to pass on to institutional buyers.
- 07Promoter holding will come down from 94.88% to 69.73% after the issue.
- 08This is an SME issue. One lot is 1,600 shares, which is about Rs 1.14 lakh at the upper band of Rs 71, and SME shares usually trade in low volume after listing.
Three years of numbers
All figures in ₹ crore, as reported in the Acme Universal Safezone 9 offer document.
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 146.72 | 133.70 | 119.07 |
| Total Income | 211.16 | 191.31 | 181.67 |
| Profit After Tax | 5.86 | 0.80 | 7.56 |
| EBITDA | 15.15 | 9.85 | 14.55 |
| NET Worth | 52.77 | 46.91 | 41.96 |
| Reserves and Surplus | 38.74 | 42.23 | 37.50 |
| Total Borrowing | 58.05 | 49.65 | 44.51 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Acme Universal Safezone 9 RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Acme Universal Safezone 9 IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹4.17 | ₹3.07 |
| P/E Ratio (x) | 17.03 | 23.13 |
| Market Cap at Offer Price (₹ Cr) | ₹99.77 | ₹135.56 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹71 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹20.58 Cr of the issue is earmarked to named objects.
About the company
Its customers are in construction, oil and gas, mining, heavy engineering, automotive, pharmaceuticals, chemical processing, foundries and power generation. It offers 15 product lines with EVA-rubber, nitrile rubber and PVC soles, giving protection against impact, crushing, sharp objects, electric shock, static electricity, heat and fire, chemicals and slipping.
It runs four manufacturing facilities across Madhya Pradesh and Uttar Pradesh. It uses ICad3D technology for product design and SAP S/4 HANA for finance, operations and logistics. It sells through direct institutional sales, regional distributors and dealers, and online channels, supported by warehousing at more than 40 locations across India, and it also exports.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
93008 70326
The bankers & the filings
Who is running the book, and the documents this page is built from.
Company contact
Frequently asked
What is the GMP of Acme Universal Safezone 9?
The current Grey Market Premium is ₹15, or 21.13% over the issue price.
What is the Acme Universal Safezone 9 IPO price band?
₹65 to ₹71, on a face value of ₹10.
When is the allotment?
The basis of allotment is 1 October 2026, with listing on 6 October 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Maashitla Securities Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
