Safe Enterprises IPO to list tomorrow, 27th June
By HDFC SKY | Updated at: Jun 27, 2025 12:29 AM IST
Mumbai, 26 June 2025: Shares of Safe Enterprises Retail Fixtures Limited will officially list on the NSE Emerge platform on Friday, 27 June 2025, following overwhelming investor interest in its ₹170 crore SME IPO, which closed earlier this week on Tuesday. The issue attracted 14.70 times subscription overall, led by demand from Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs).
Final IPO Subscription Breakdown
| Category | Subscription (x) | Shares Offered | Shares Bid | Applications |
|---|---|---|---|---|
| QIB | 34.31× | 23,36,000 | 8,01,39,000 | 43 |
| NII | 12.51× | 17,52,000 | 2,19,17,000 | 1,637 |
| Retail | 4.44× | 40,87,000 | 1,81,38,000 | 18,138 |
| Total | 14.70× | 81,75,000 | 12,01,94,000 | 19,818 |
Listing Details
| Detail | Information |
|---|---|
| Listing Date | June 27, 2025 (Friday) |
| Exchange | NSE Emerge (NSE SME) |
| Symbol | SAFEENTP |
| ISIN | INE17D601016 |
| Pre-open Session | Yes |
Post-IPO Shareholding Pattern (As on June 26, 2025)
| Shareholder Group | Holding (%) | Shares Held |
|---|---|---|
| Promoter & Promoter Group | 70.07% | 3,26,54,641 |
| Public Shareholding | 29.93% | 1,39,49,837 |
| — QIBs | 12.48% | 58,14,000 |
| — FPIs (within QIBs) | 3.35% | 15,59,000 |
| — Retail & Others | ~14.11% | ~65,76,837 |
| Total Shares | 4,66,04,478 | 100% |
Top Investors and Institutional Participation
Noteworthy institutional participants in the IPO include India-Ahead Venture Fund, Founders Collective Fund, and Hem Finlease Private Limited, which has also taken on the role of market maker. Furthermore, Foreign Portfolio Investors (FPIs) picked up 15.59 lakh shares, indicating significant interest from global institutions.
About the Company
Safe Enterprises Retail Fixtures Ltd is engaged in the design and manufacturing of modular retail fixtures, display solutions, and shopfitting products, catering to prominent domestic and international retail and lifestyle brands. The company operates three production facilities located in Navi Mumbai, allowing it to serve large-scale client requirements efficiently.
Points to Track Post-Listing
- Strong QIB subscription (34.31×) reflects high institutional confidence in the company’s growth trajectory.
- Solid backing from anchor and retail investors may provide listing-day support and short-term stability.
- With a free float of under 30%, initial trading volumes may be limited, which is a common trait in SME listings.
Shares of Safe Enterprises (SAFEENTP) will enter trade during the pre-open session on 27 June, with eyes on its listing premium amid strong subscription momentum.
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