Msafe Equipments SME IPO Details, Financials, Valuation & Peers
Explore Msafe Equipments SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Msafe Equipments Limited, incorporated in 2019, is engaged in the manufacturing, sales, and rental of access and height-safety equipment.
The company's core business centers on providing solutions for safe working at heights. Its product portfolio includes aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders, and fibre reinforced plastic (FRP) ladders.
Msafe Equipments serves a diverse range of industries, including construction, maintenance, installation, repair, and infrastructure development. The company also caters to sectors such as HVAC, MEP, electrical works, fire safety, interiors, and warehousing.
Key Highlights:
- Operates three manufacturing facilities in Greater Noida, Uttar Pradesh.
- Supported by a network of 17 warehouses across multiple states.
- Supplied products across 22 States and 3 Union Territories during Fiscal 2025.
- Employs a total of 327 permanent and contractual staff as of June 30, 2025.
Objects of the Issue
- Funding of Capital expenditure towards setup of a new Manufacturing Facility.
- Funding of Capital expenditure for manufacturing of equipments for Rental purpose.
- Utilization towards working capital requirements.
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 28 Jan - 30 Jan 2026 |
| IPO Price Band | ₹116 - ₹123 per share |
| Fresh Issue | ₹50.45 crore |
| Offer For Sale | ₹12.30 crore |
| Total IPO Size | ₹62.75 crore |
| Face Value | ₹10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 28 Jan 2026 |
| IPO Closing Date | 30 Jan 2026 |
| Basis Of Allotment | 02 Feb 2026 |
| Refunds | 03 Feb 2026 |
| Demat Transfer | 03 Feb 2026 |
| IPO Listing Date | 04 Feb 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 30 Sep 2025 |
|---|---|---|---|---|
| Assets | 33.54 | 48.19 | 73.59 | 87.67 |
| Total Income | 29.71 | 48.34 | 71.62 | 49.07 |
| Profit After Tax | 3.65 | 6.55 | 13.01 | 10.50 |
| EBITDA | 9.19 | 15.12 | 26.08 | 19.21 |
| NET Worth | 6.09 | 12.64 | 25.65 | 36.15 |
| Reserves and Surplus | 5.09 | 11.64 | 24.65 | 20.15 |
| Total Borrowing | 20.37 | 25.87 | 32.56 | 37.67 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Msafe Equipments Ltd. | 15.13 | 8.13 | 50.73 | |
| Techno Craft India Industries Limited | 19.9 | 112.32 | 14.84 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 25,42,000 (47.07%) |
| Non-Institutional Investor (NII/HNI) | 7,74,000 (14.33%) |
| Retail Individual Investor (RII) | 17,86,000 (33.07%) |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Lead Managers
- Seren Capital Pvt.Ltd.
Company Address
Msafe Equipments Ltd.
F-311, 3rd Floor
Aditya Arcade Plot No. 30
Community Center, Preet Vihar, East Delh
New Delhi, -110092
Website: http://www.msafegroup.com/
Phone: +91-88822 07104
Email: info@msafegroup.com
FAQs
- What is the issue size of the Msafe Equipments SME IPO?The Msafe Equipments SME IPO has an issue size of ₹62.75 crore. This includes a fresh issue of ₹50.45 crore and an offer for sale (OFS) of ₹12.30 crore.
- What is the price band of the Msafe Equipments IPO?The price band for the Msafe Equipments IPO is ₹116 - ₹123 per share.
- What are the bidding dates for the Msafe Equipments IPO?The Msafe Equipments IPO will open for bidding on 28 Jan 2026 and close on 30 Jan 2026.
- What is the allotment date for the Msafe Equipments IPO?The allotment date for the Msafe Equipments IPO is 02 Feb 2026.
- What is the minimum lot size and investment required for the Msafe Equipments IPO?The minimum lot size for the Msafe Equipments IPO is 1000 shares and the minimum investment required is ₹1,23,000.
- What is the listing date for the Msafe Equipments IPO?The listing date for the Msafe Equipments IPO is 04 Feb 2026.
- What is the Msafe Equipments IPO grey market premium?The grey market premium (GMP) for the Msafe Equipments IPO is currently at ₹0, with an expected listing gain of approximately %. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.