Safety Controls IPO Day 3 Subscription Status at 0.86x
By HDFC SKY | Published at: Apr 8, 2026 12:03 PM IST
Safety Controls IPO sees muted demand at 0.86x on final day so far
Mumbai, April 8: The ₹48 crore Safety Controls & Devices IPO, which opened for bidding on April 6, 2026, is witnessing a measured response from investors as the issue enters its final day. The public offering, entirely a fresh issue of 60,00,000 equity shares, is priced in the band of ₹75 to ₹80 per share.
As of April 8, 2026, 11:14 AM, the issue has been subscribed 0.86 times, indicating that overall demand remains below full subscription levels so far, with participation uneven across investor categories.
Safety Controls IPO Day 3 Subscription Status
The IPO has been subscribed 0.86 times as of 11:14 AM on April 8, 2026, with the NII segment continuing to drive demand while other categories remain relatively subdued.
Category-wise Safety Controls IPO Subscription Status
| Category | Subscription (x) |
| QIB (Ex Anchor) | 0.31 |
| NII (HNI) | 2.27 |
| Retail Investors | 0.58 |
| Total | 0.86 |
Safety Controls Day’s Wise Subscription Summary
Subscription trends show a gradual build-up over the three-day bidding window, with a sharper pickup in the NII segment from Day 2 onwards.
| Date | QIB (Ex Anchor) | NII | Retail | Total |
| Apr 6 (Day 1) | 0.21 | 0.18 | 0.46 | 0.33 |
| Apr 7 (Day 2) | 0.31 | 2.24 | 0.53 | 0.82 |
| Apr 8 (Day 3) | 0.31 | 2.27 | 0.58 | 0.86 |
Safety Controls IPO Timeline
| Event | Date |
| Issue Open Date | April 6, 2026 |
| Issue Close Date | April 8, 2026 |
| Basis of Allotment | April 9, 2026 |
| Initiation of Refunds | April 10, 2026 |
| Credit of Shares | April 10, 2026 |
| Listing Date | April 13, 2026 |
Brief Overview Of The IPO
Safety Controls & Devices IPO aggregates to ₹48.00 crore and consists solely of a fresh issue of shares. The company has fixed a price band of ₹75 to ₹80 per share, with investors required to bid in lots of 1,600 shares.
At the upper end of the price band, retail participation requires a minimum investment of ₹2,56,000 for two lots. For non-institutional investors, the entry threshold begins at three lots, translating to ₹3,84,000.
The company operates within the industrial safety equipment space, supplying specialised safety solutions across sectors. The shares are slated to list on the BSE SME platform, with a tentative listing date of April 13, 2026.
Source:
https://www.nseindia.com/market-data/all-upcoming-issues-ipo
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