Safecure Services IPO Listing Scheduled For Thursday on BSE SME

Bengaluru, November 4: Safecure Services IPO has completed its allotment and has initiated refunds for its IPO. Now, investor focus has shifted to its upcoming listing on BSE SME, which is scheduled for Thursday, November 6. Safecure Services IPO saw modest demand from investors and was subscribed 1.77 times. Retail Individual Investors subscribed the Safecure Services IPO 1.06 times, while the Non-Institutional Investors subscribed the IPO 1.65 times.

Safecure Services Limited is an Indian company that provides security and facility management services. It was established in 2012, and is headquartered in Mumbai, Maharashtra.

Key Details About Safecure Services IPO

The issue size for the Safecure Services IPO was ₹30.60 crore. It included a fresh issue of 0.30 crore shares, with no offer for sale element. The company had set a fixed price of ₹102 per share for the IPO. The lot size was 1,200 shares per application, with the minimum investment amount required by a retail investor at ₹2,44,800 (2,400 shares), at the upper price band. The minimum lot size investment for HNI was 3 lots (3,600 shares), amounting to ₹3,67,200. The company completed its share allotment yesterday and has started the process of crediting shares and initiating refunds today, on November 4.

Sun Capital Advisory Services Pvt.Ltd is the book-running lead manager, while MUFG Intime India Pvt.Ltd is the registrar of the issue. Giriraj Stock Broking Pvt.Ltd is the Market Maker of the company.

Safecure Services Financial Highlights

The company’s revenue from operations increased from ₹4,753.94 lakh in FY23 to ₹6,283.47 lakh in FY24 and further to ₹7,310.15 lakh in FY25. For Q1 FY26, revenue was at ₹1,832.30 lakh. EBITDA margin increased to 20.4% in Q1 FY26, compared to 17.0% in FY25 and 19.1% in FY23. Profit after tax rose from ₹399.59 lakh in FY23 to ₹604.11 lakh in FY25, with Q1 FY26 profit at ₹201.62 lakh. Net worth grew from ₹932.92 lakh in FY23 to ₹2,294.19 lakh in Q1 FY26. The company’s debt-equity ratio reduced from 1.23 in FY23 to 0.85 post-Q1 FY26. Earnings per share was at ₹5.68 in FY23, ₹8.21 in FY24, ₹8.58 in FY25, and ₹2.86 (not annualised) in Q1 FY26. Return on Net Worth (RoNW) was 42.8% in FY23, 38.5% in FY24, and 28.9% in FY25, with 8.7% in Q1 FY26.

What’s Ahead for Safecure Services IPO?

Safecure Services IPO is in its last stage and is awaiting November 6, when its shares are scheduled to be listed on BSE SME. The company has strong financials, and saw modest oversubscription. Investors will now hope that the shares list on BSE SME at a premium.

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