Subscription
Last updated on 23-Jun-2025 08:51:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 2336000 | 3641000 | 1.56 |
| NIB | 1752000 | 151000 | 0.09 |
| RETAIL | 4087000 | 587000 | 0.14 |
| Total | 8175000 | 4379000 | 0.54 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 4 |
| NIB | 30 |
| RETAIL | 587 |
| Total | 621 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 32.24 | 50.25 | 1.56 |
| FII | - | 0 | - |
| FI | - | 0 | - |
| IC | - | 0 | - |
| MF | - | 0 | - |
| OTH | - | 50.25 | - |
| NIB | 24.18 | 2.08 | 0.09 |
| RETAIL | 56.4 | 8.1 | 0.14 |
| Total | 112.82 | 60.43 | 0.54 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.3 | @8% ₹0.3 | @9% ₹0.4 | @10% ₹0.4 | @11% ₹0.5 | @12% ₹0.5 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0 | @8% ₹0 | @9% ₹0 | @10% ₹0 | @11% ₹0 | @12% ₹0 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1000 | 138000 | 4087 |
| HNI (2 lakh to 5 lakh) | 2 | 2000 | 276000 | 1752 |
IPO Details
| Total Issue Size | 1,23,00,000 shares (aggregating up to 169.74 Cr) |
| Fresh Issue | 1,23,00,000 shares (aggregating up to 169.74 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 3,43,04,478 shares |
| Share Holding Post Issue | 4,66,04,478 shares |
| Market Maker's portion | 6,24,000 shares |
| Market Maker | Hem Finlease |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Key Performance Indicators
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 77.54% | 105.34% | 134.02% |
| ROCE | 69.10% | 104.94% | 115.98% |
| RONW | 54.37% | 79.64% | 81.44% |
| EPS (basic) | 11.42 | 6.73 | 3.52 |
| P/E Pre IPO | 12.08 | ||
| P/E Post IPO | 16.19 |
Financial Details In crores
| Period Ended | Mar-25 | Mar-24 |
|---|---|---|
| Assets | 101.94 | 54.4 |
| Revenue | 139.73 | 101.38 |
| Profit After Tax | 39.19 | 23.09 |
| Net Worth | 72.08 | 28.99 |
| Reserves and Surplus | 54.92 | 4.36 |
| Total Borrowing | 0 | 0 |
About Company
Incorporation Year: 1976
Headquarters: Maharashtra, India
Business Category: Retail Fixtures & Shop Fittings
Overview:
Safe Enterprises Retail Fixtures Limited specializes in the design, manufacturing, supply, and installation of customized shop fittings and retail fixtures. With decades of experience, the company delivers end-to-end merchandising solutions tailored to diverse retail segments, addressing challenges related to display, placement, storage, and safety. Its offerings span from conceptual design to full installation.
Key Retail Segments Served: Fashion, Electronics, Grocery, Luxury, Department Stores
Major Clients:
Zudio & Westside – Fashion fixtures
Godrej Nature’s Basket – Custom gourmet store shelving
Reliance Retail & Future Group – Hypermarket installations
Product & Service Offerings:
Gondola Shelving – Modular supermarket shelves
Checkout Counters – Ergonomic designs for better customer flow
Display Racks & Stands – Customizable for various product categories
Mannequins & Visual Merchandising Displays – Aesthetic and branding solutions
Storage & Backroom Fixtures – High-capacity stockroom shelving
Custom Fixture Design – Functional and aesthetic retail solutions
Innovative Solutions – Trend-responsive, creative retail designs
Infrastructure:
Manufacturing Units – 3 (2 in Mumbai, 1 in Thane, Maharashtra)
Franchisees – Navi Mumbai and Hyderabad
Distributors – Dubai (UAE) and Kansas City (USA)
Market Presence:
Operations across 25+ Indian states and union territories
Key revenue-generating states – Maharashtra, followed by Karnataka and Gujarat
Design Team:
15 specialized employees as of October 31, 2024
Strength
In-house Manufacturing Capabilities – Enables quality control and timely delivery.
Wide Customer Base Across Regions – Strong relationships across diverse geographies.
Experienced Leadership with Skilled Design Team – Drives innovation and tailored solutions.
Weakness
Limited Operating History as a Company – Recent conversion from a partnership firm may hinder evaluation of long-term performance.
Leased Operational Premises – Dependence on rented facilities poses risk in case of non-renewal or disputes.
Customer Concentration Risk – Heavy reliance on a few key customers may impact revenues if relationships are disrupted.
Lead Manager(s)
Address
Safe Enterprises Retail Fixtures Limited
Plot No. D-372
TTC MIDC Industrial Area,
MIDC Kukshet Village, Sanpada,
Thane, Maharashtra, 400703
Phone: +917021883016
Email: compliance@safeenterprises.com
Website: https://safeenterprises.com/