Safecure Services IPO Subscription Status: IPO Subscribed 1.49 Times by Mid-Morning on its Last Day

Mumbai, October 31: The Safecure Services IPO has entered its third and the last day of bidding. As of 11:30 AM, the Safecure Services IPO is seeing  a total subscription status of 1.49 times, receiving bids for 42,42,000 shares, against 28,50,000 shares on offer. Retail investors are leading the subscription status at 2.68 times, bidding for 38,25,600 shares, against 14,25,600 on offer. Non-Institutional Buyers have subscribed the Safecure Services IPO by 0.29 times, bidding for 4,16,400 shares, against 14,24,400 shares on offer.

Key Details About Safecure Services IPO

The ₹30.60 IPO of Safecure Services is a fresh issue of 0.30 crore shares. The Safecure Services IPO price band is set at ₹102 per share. The lot size is 1,200 shares, with a minimum investment by a retail investor at ₹2,44,800 (2,400 shares) at the upper price band. The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,67,200. 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 Lies Ahead on the Last Day?

The Safecure Services IPO has been subscribed to a total of 1.49 times until now. With the subscription already over the shares on offer, the Safecure Services IPO is expected to end on a positive note today. The company’s strong financials are also a contributing factor to the strong subscription status.

The Safecure Services IPO opened on October 29 and will close today, on October 31. Share allotment for the Safecure Services IPO is expected on November 3, while the company will credit the shares and initiate refunds on November 4. Investors will be hoping for a stellar listing on BSE SME on November 6.

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