Safe Enterprises Retail Fixtures IPO

Incorporated in 1976, Safe Enterprises Retail Fixtures Limited designs, manufactures, supplies, and installs customised retail fixtures and shop fittings. It offers end-to-end merchandising solutions—from design to installation—addressing display, storage, placement, and safety challenges across retail sectors like fashion, electronics, grocery, and luxury. The company serves major Indian chains, including Zudio, Westside, Reliance Retail, and Godrej Nature’s Basket, offering products like gondola shelving, checkout counters, display racks, mannequins, and backroom fixtures. With three manufacturing units in Maharashtra, franchisees in Navi Mumbai and Hyderabad, and distributors in Dubai and Kansas City, it operates across 25 Indian states.

Safe Enterprises Retail Fixtures Limited IPO Overview

Safe Enterprises Retail Fixtures Limited is launching a book-built IPO worth ₹161.13 crores, consisting entirely of a fresh issue of 116.76 lakh equity shares. The IPO will open for subscription on June 20, 2025, and close on June 24, 2025, with allotment expected to be finalised on June 25, 2025. The shares are proposed to be listed on the NSE SME platform, with a tentative listing date of June 27, 2025. The price band is fixed at ₹131 to ₹138 per share. Retail investors can apply for a minimum of one lot comprising 1,000 shares, requiring an investment of ₹1,31,000. However, bidding at the cut-off price is advisable, raising the investment to ₹1,38,000 to counter oversubscription. HNIs are required to invest in a minimum of two lots (2,000 shares), amounting to ₹2,76,000. Hem Securities Limited is the book-running lead manager, Maashitla Securities Private Limited is the registrar, and Hem Finlease Private Limited is acting as the market maker for this IPO.

Safe Enterprises Retail Fixtures Limited IPO Details

Safe Enterprises Retail Fixtures Limited IPO Reservation

Safe Enterprises Retail Fixtures Limited IPO Lot Size

Safe Enterprises Retail Fixtures Limited IPO Promoter Holding

Safe Enterprises Retail Fixtures Limited IPO Valuation Overview

Objectives of the Proceeds

• Funding capital expenditure for setting up a new manufacturing unit, ₹6588.59 lakhs

• Investment in subsidiary (Safe Enterprises Retail Technologies Pvt Ltd) for plant and machinery, ₹699.02lakhs

• Meeting the company’s working capital requirements, ₹3000 lakgs

• Investment in subsidiary to meet its working capital needs, ₹1000 lakhs

• General corporate purposes

Key Financials (in ₹ lakhs)