Safe Enterprises Retail Fixtures IPO Details: Safe Enterprises Retail Fixtures is set to open its Initial Public Offering (IPO) on June 20, 2025, and the issue will close on June 24, 2025. This is a Book Built Issue, with the company aiming to raise approximately ₹169.74 crores. The IPO comprises a fresh issue worth ₹169.74 crores, along with an Offer for Sale (OFS) of up to [.] equity shares, each having a face value of ₹5.
The price band for the IPO is fixed between ₹131 to ₹138 per share. The allocation ratio is as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (HNIs), and 35% for retail investors. The IPO is scheduled to be listed on the NSE on June 27, 2025, with the allotment expected on June 25, 2025.
For the financial year 2024, the company reported a revenue of ₹101.38 crores and a net profit of ₹23.09 crores. Given the company’s strong financial performance, the IPO appears to be a promising opportunity for long-term investors.
Safe Enterprises Retail Fixtures IPO Objectives:
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
- Investment in the Subsidiary, Safe Enterprises Retail Technologies Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery
- To Meet Working Capital Requirements of the Company
- Investment in the subsidiary Safe Enterprises Retail Technologies Private Limited to meet working capital requirements
- General Corporate Purpose
Safe Enterprises Retail Fixtures IPO Review (Apply or Not)
- Update soon
Safe Enterprises Retail Fixtures IPO Date & Price Band Details:
| IPO Open Date: | June 20, 2025 |
| IPO Close Date: | June 24, 2025 |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹131 to ₹138 Per Share |
| Issue Size: | Approx ₹169.74 Crores |
| Fresh Issue: | Approx ₹169.74 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Safe Enterprises Retail Fixtures IPO Lot Size:
The minimum market lot for the Safe Enterprises Retail Fixtures IPO is 1,000 shares, requiring a total investment of ₹1,38,000 per application in the retail category.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹1,38,000 |
| Retail Maximum | 1 | 1000 | ₹1,38,000 |
| S-HNI Minimum | 2 | 2000 | ₹2,76,000 |
Safe Enterprises Retail Fixtures IPO Allotment & Listing Date (Details)
The Safe Enterprises Retail Fixtures IPO will open on June 20, 2025, and close on June 24, 2025. The allotment of shares is expected to be finalized on June 25, 2025, with the listing scheduled for June 27, 2025.
| IPO Open Date: | June 20, 2025 |
| IPO Close Date: | June 24, 2025 |
| Basis of Allotment: | June 25, 2025 |
| Refunds: | June 26, 2025 |
| Credit to Demat Account: | June 26, 2025 |
| IPO Listing Date: | June 27, 2025 |
Promoters of Safe Enterprises Retail Fixtures IPO
The promoters of the company are Saleem Shabbir Merchant, Mikdad Saleem Merchant, Huzefa Salim Merchant and Munira Salimbhai Merchant.
About Safe Enterprises Retail Fixtures IPO
Safe Enterprises Retail Fixtures Ltd. is one of the leading companies, founded in 1976 is involved in the business of designing, manufacturing, supplying, and installing shop fittings and retail fixtures. The company is engaged in offering a comprehensive range of solutions across various industries such as fashion & apparel, electronics, departmental stores, etc. The company is involved in complete fitting services that include designing and prototyping to manufacturing, and installation, making sure that each product goes through all the required needs and safety. Fashion, electronics, grocery, and luxury are the various industries the company serves with its services. The major clients of the company are Zudio & Westside, Godrej Nature’s Basket, and Reliance Retail & Future Group. As of now, the company sells its products to more than 25 states & Union Territories in India. As of October 31, 2024, the company includes 15 employees in the design team.
Safe Enterprises Retail Fixtures IPO Company Financial Report
The company reported revenue of ₹101.38 crores in 2024. The company reported profit of ₹23.09 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2024 | ₹101.38 | ₹70.11 | ₹23.09 | ₹54.40 |
| September 2024 | ₹58.09 | ₹36.30 | ₹16.96 | ₹76.39 |
Safe Enterprises Retail Fixtures IPO Valuation – FY2024
Check Safe Enterprises Retail Fixtures IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 105.34% |
| ROCE: | 114.11% |
| EBITDA Margin: | 33.94% |
| PAT Margin: | 22.88 % |
| Debt to equity ratio: | 0.03 |
| Earning Per Share (EPS): | ₹6.99 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 79.64% |
| Net Asset Value (NAV): | ₹6.99 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Naman In-Store (India) Limited | 11.99 | 14.47 | 24.23% | NA | 144.87 Cr. |
Safe Enterprises Retail Fixtures IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Safe Enterprises Retail Fixtures Limited
Plot No. D-372
TTC MIDC Industrial Area,
MIDC Kukshet Village, Sanpada,
Phone: +917021883016
Email: compliance@safeenterprises.com
Website: https://safeenterprises.com/
Safe Enterprises Retail Fixtures IPO – FAQs
What is the Safe Enterprises Retail Fixtures IPO?
Safe Enterprises Retail Fixtures IPO is a SME public offering, through which the company aims to raise ₹169.74 crores. The issue is priced in the range of ₹131 to ₹138 per equity share and will be listed on the NSE.
When will the Safe Enterprises Retail Fixtures IPO open for subscription?
The IPO will open for subscription on June 20, 2025, and will close on June 24, 2025. It is open to Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
What is the investors’ portion in the Safe Enterprises Retail Fixtures IPO?
The allocation for the IPO is as follows:
- QIBs: 50%
- NIIs: 15%
- Retail Investors: 35%
How can I apply for the Safe Enterprises Retail Fixtures IPO?
You can apply for the IPO through the ASBA (Application Supported by Blocked Amount) facility available in your bank’s net banking portal. Alternatively, you can apply via UPI through stockbrokers, or submit a physical application through your broker.
What is the total issue size of the Safe Enterprises Retail Fixtures IPO?
The total issue size is ₹169.74 crores.
What is the price band for the Safe Enterprises Retail Fixtures IPO?
The IPO is priced in the range of ₹131 to ₹138 per share.
What is the lot size for the Safe Enterprises Retail Fixtures IPO?
The minimum lot size is 1,000 shares, requiring an investment of ₹1,38,000.
What is the allotment date for the Safe Enterprises Retail Fixtures IPO?
The allotment of shares is expected to be finalized on June 25, 2025.
When is the listing date for the Safe Enterprises Retail Fixtures IPO?
The IPO is scheduled to be listed on the NSE on June 27, 2025.
