Msafe Equipments SME IPO Details
Msafe Equipments’ IPO was a ₹66.42 crore public issue listed on the BSE SME platform in early February 2026. The Greater Noida‑based company makes and rents height‑safety products like aluminium and mild‑steel scaffoldings and ladders used in construction and maintenance work across India. The IPO, priced between ₹116–₹123 per share, received very strong subscription and aims to fund new manufacturing capacity, rental fleet expansion, working capital needs and general corporate purposes.
IPO Review
IPO GMP
IPO Subscription Subscription
Stock Price
As the IPO is listed, here is the Live Share Price for Msafe Equipments
IPO Summary
What is the Msafe Equipments IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 28 Jan, 2026 Wed | Wednesday |
| IPO Close Date | 30 Jan, 2026 Fri | Friday |
| Basis of Allotment | 02 Feb, 2026 Mon | Monday |
| Refunds Initiated | 03 Feb, 2026 Tue | Tuesday |
| Credit to Demat | 03 Feb, 2026 Tue | Tuesday |
| Listing Date | 04 Feb, 2026 Wed | Wednesday |
What is the Msafe Equipments IPO Lot Size?
Bidding in multiples of 1000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2000 | ₹2,46,000 |
| Retail (Max) | 2 | 2000 | ₹2,46,000 |
| HNI (Min) | 3 | 3000 | ₹3,69,000 |
About Msafe Equipments
The company operates on a business model that combines product manufacturing with sourcing and distribution, enabling it to offer a comprehensive safety solution to its customers. Promoted by experienced professionals with industry knowledge, Msafe Equipments focuses on quality standards and compliance with safety regulations. Its revenue is driven by bulk orders, repeat clients, and long-term contracts, supported by a growing distribution network across various regions in India.
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Funding of Capital expenditure towards setup of a new Manufacturing Facility. | ₹32.26 Cr. |
| Funding of Capital expenditure for manufacturing of equipments for Rental purpose. | ₹6.00 Cr. |
| Utilization towards working capital requirements. | ₹8.00 Cr. |
| General corporate purposes |
Company Financials
Summary of financial performance including revenue, profit, and debt levels will be populated here.
Promoters and Shareholding Details
Promoter holding details will be updated as soon as they are officially announced.
Frequently Asked Questions
What is the GMP of Msafe Equipments?
The current Grey Market Premium (GMP) of Msafe Equipments is ₹ 21.
What is the Msafe Equipments IPO Price Band?
The price band for Msafe Equipments IPO is 123.
When is the Msafe Equipments IPO Allotment?
The allotment date for Msafe Equipments IPO is February 2, 2026.
How to check Msafe Equipments IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website .
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