Safety Controls & Devices SME IPO
Safety Controls & Devices IPO — date, price band, lot size & details 2026
Safety Controls & Devices listed on 13 Apr 2026 at ₹83, 3.8% above the ₹80 issue price.
Safety Controls & Devices SME IPO will open for subscription from 6 April 2026 to 8 April 2026. The company was incorporated in 2015 and operates as an EPC (Engineering, Procurement and Construction) player, executing turnkey projects in power infrastructure, solar energy, firefighting systems and civil construction. Based in Lucknow, it mainly serves government and infrastructure clients, focusing on substation projects, renewable energy solutions and public sector infrastructure development across India.
Stock price
Safety Controls & Devices 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 24 October.
- Open 06 Apr 2026
- Close 08 Apr 2026
- Allotment 09 Apr 2026
- Refund/credit 10 Apr 2026
- Listing 13 Apr 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 6 to 8 Apr, 2026 |
|---|---|
| Price Band | ₹75 – ₹80 |
| Face Value | ₹10 |
| Lot Size | 1600 Shares |
| Issue Size | ₹48 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE SME |
| Registrar | Maashitla Securities Private Limited |
| Min Investment | ₹ 2,56,000 |
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 ₹80 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 3,200 | ₹2,56,000 |
| Retail (max) | 2 | 3,200 | ₹2,56,000 |
| HNI (min) | 3 | 4,800 | ₹3,84,000 |
Three years of numbers
All figures in ₹ crore, as reported in the Safety Controls & Devices offer document.
| Metric | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 164.41 | 120.28 | 74.99 | 66.36 |
| Total Income | 68.51 | 103.50 | 45.70 | 49.26 |
| Profit After Tax | 8.52 | 8.99 | 4.01 | 0.43 |
| EBITDA | 16.21 | 17.27 | 8.27 | 2.63 |
| NET Worth | 54.47 | 42.17 | 17.48 | 12.47 |
| Reserves and Surplus | 40.64 | 28.87 | 6.98 | 2.97 |
| Total Borrowing | 39.18 | 33.84 | 29.79 | 18.52 |
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 Safety Controls & Devices RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Safety Controls & Devices IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹5.16 |
| P/E Ratio (x) | 15.51 |
| Market Cap at Offer Price (₹ Cr) | ₹132.09 |
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 ₹80 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
₹37.50 Cr of the issue is earmarked to named objects.
About the company
The company is primarily engaged in the manufacturing and supply of safety devices, control panels, and related equipment designed to ensure operational efficiency and workplace safety. Its business model revolves around offering customised and standardised solutions to clients, maintaining long-term relationships, and ensuring repeat business. With a growing client base and emphasis on product innovation, the company continues to scale its operations across domestic markets while exploring opportunities in new segments.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 05224026070
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Sobhagya Capital Options Pvt.Ltd.
5 issues handledBest listing: Accretion Nutraveda (+48.1%). Weakest: UHM Vacation (-20.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Safety Controls & Devices?
The current Grey Market Premium is ₹0.
What is the Safety Controls & Devices IPO price band?
₹75 to ₹80, on a face value of ₹10.
When is the allotment?
The basis of allotment is 9 April 2026, with listing on 13 April 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.
