GMP
IPO Guru

Msafe Equipments IPO

SME Upcoming
Analysis by Abhishek Vohera, Founder of IPO Guru.

Msafe Equipments IPO is a book build issue of ₹66.42 crores. The issue is a combination of fresh issue of 0.44 crore shares aggregating to ₹54.12 crores and offer for sale of 0.10 crore shares aggregating to ₹12.30 crores.

Open 28 Jan 2026
Close 30 Jan 2026
Allotment 02 Feb 2026
Listing 04 Feb 2026

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IPO Summary

Issue Price ₹123
Face Value ₹ 10
Lot Size 1000 Shares
Issue Size 66.42 CR
Listing On BSE SME
Min Investment ₹ 123,000

About Msafe Equipments

Incorporated in 2019, Msafe Equipments Limited is engaged in the manufacturing, sales, and rental of access and height-safety equipment used for safe working at heights.

Its product portfolio includes aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders, and fibre reinforced plastic (FRP) ladders, catering to operational and safety needs across construction, maintenance, installation, repair, and infrastructure development activities.

Objects of the Issue

Information about the usage of proceeds from the Msafe Equipments IPO will be updated shortly.

What are the Msafe Equipments Financials?

Summary of financial performance including revenue, profit, and debt levels will be populated here.

Who are the Promoters of Msafe Equipments?

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 ₹ 11.

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 .

What is the Msafe Equipments IPO Timetable?

Track the IPO schedule and key events.

Event Date Day
IPO Open Date 28 Jan, 2026 Wednesday
IPO Close Date 30 Jan, 2026 Friday
Basis of Allotment 02 Feb, 2026 Monday
Refunds Initiated 03 Feb, 2026 Tuesday
Credit to Demat 03 Feb, 2026 Tuesday
Listing Date 04 Feb, 2026 Wednesday

What is the Msafe Equipments IPO Lot Size?

Bidding in multiples of 1000 shares.

Application Lots Amount
Retail (Min) 1 ₹123,000
Retail (Max) 1 ₹123,000
S-HNI (Min) 2 ₹246,000
S-HNI (Max) 8 ₹984,000
B-HNI (Min) 9 ₹1,107,000

What is the Msafe Equipments IPO Reservation?

Typical reservation for investors.

Category Reservation
QIB 2,98,000
Retail 17,86,000
NII (HNI) 7,74,000
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