Msafe Equipments IPO GMP today is Rs 21. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
MSAFEEQUIPMENTS
Msafe Equipments IPO GMP & Allotment
Msafe Equipments is a SME IPO with a price band of Rs 116.00 to Rs 123.00 that listed on 04 Feb 2026 at a listing gain of +17.07%. Track its full GMP history, subscription data and listing details here.
- IPO Price Band
- ₹116.00 - ₹123.00
- Lot Size
- 1,000 Shares
- Bidding Closes
- 30 Jan 2026
- Listing Date
- 04 Feb 2026
Quick Answer & Highlights
Msafe Equipments IPO GMP Today & Key Takeaways
Last updated: 04 Feb 2026
Msafe Equipments IPO officially listed on 04 Feb 2026 at Rs 144.00, delivering a +17.07% listing gain compared to its issue price of Rs 123.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹21.
Msafe Equipments IPO officially listed on 04 Feb 2026 at ₹144.00, delivering a +17.07% listing gain compared to its issue price of ₹123.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹21.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹21 | +17.07% vs upper band (04 Feb 2026) |
| Est. Listing Price | ₹144.00 | +17.07% Est. Listing Gain |
| Price Band | ₹116.00 - ₹123.00 | SME IPO |
| Retail Minimum Investment | ₹2,46,000 | 2 Lot (1,000 Shares) |
| Bidding Window | 28 Jan 2026 – 30 Jan 2026 | Listed |
| Allotment & Listing Dates | Allotment: TBA | Listing: 04 Feb 2026 |
Current GMP Status
₹21
+17.07% vs upper band
Est. Listing Gain
+17.07%
Last Trend
04 Feb 2026
Listing Price
₹144.00
Retail Entry
₹2,46,000
IPO Details
Complete IPO information
| IPO Open Date | 28 Jan 2026 |
|---|---|
| IPO Close Date | 30 Jan 2026 |
| IPO Price Band | ₹116.00 - ₹123.00 |
| Lot Size | 1,000 Shares |
| Current GMP | ₹21 |
| Estimated Listing Gain | +17.07% |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | TBA |
| Minimum Investment | ₹2,46,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Msafe Equipments is priced at ₹123 per share. With a minimum lot size of 1,000 shares, a retail investor applying for one lot would need approximately ₹2,46,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Msafe Equipments stands at ₹21, implying an estimated listing gain of around 17.07% over the issue price if it holds until listing. This is up ₹1 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
28 Jan 2026
✓
Bidding Closes
30 Jan 2026
✓
Allotment
TBA
✓
Listing
04 Feb 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 28 Jan 2026 | Completed |
| Bidding Closes | 30 Jan 2026 | Completed |
| Allotment | TBA | Completed |
| Listing | 04 Feb 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 04 Feb 2026 | ₹21.00 | +₹1.00 | 17.07% |
| 03 Feb 2026 | ₹20.00 | -₹6.00 | 16.26% |
| 02 Feb 2026 | ₹26.00 | +₹1.00 | 21.14% |
| 30 Jan 2026 | ₹25.00 | +₹2.00 | 20.33% |
| 29 Jan 2026 | ₹23.00 | - | 18.70% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,000 | ₹2,46,000 |
| Retail Maximum | 2 Lot | 2,000 | ₹2,46,000 |
| S-HNI Minimum | 3 Lot | 3,000 | ₹3,69,000 |
| S-HNI Maximum | 8 Lot | 8,000 | ₹9,84,000 |
| B-HNI Minimum | 9 Lot | 9,000 | ₹11,07,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Msafe Equipments IPO – Market Lot Details
| Application | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | 2,46,000 |
| Retail Maximum | 2 | 2,000 | 2,46,000 |
| S‑HNI Minimum | 3 | 3,000 | 3,69,000 |
| S‑HNI Maximum | 8 | 8,000 | 9,84,000 |
| B‑HNI Minimum | 9 | 9,000 | 11,07,000 |
Analysis
Msafe Equipments IPO – Reservation Details
| Investor Category | Shares Offered | Percentage (%) |
|---|---|---|
| Anchor Investors | 15,25,000 | 28.24% |
| QIB (Ex‑Anchor) | 10,17,000 | 18.83% |
| NII | 7,74,000 | 14.33% |
| Retail | 17,86,000 | 33.07% |
Analysis
Msafe Equipments IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 28 Jan 2026 |
| IPO Close Date | 30 Jan 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 04 Feb 2026 |
Note: The timeline for Msafe Equipments IPO is tentative and subject to change.
Analysis
Msafe Equipments IPO – Important Dates
| IPO Open Date | January 28, 2026 |
| IPO Close Date | January 30, 2026 |
| Basis of Allotment | February 2, 2026 |
| Refunds | February 3, 2026 |
| Credit to Demat Account | February 3, 2026 |
| IPO Listing Date | February 4, 2026 |
| IPO Bidding Cut‑off Time | January 30, 2026 – 5 PM |
Analysis
Msafe Equipments Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
Msafe Equipments IPO – Objects of the Issue
| Purpose | Amount (₹ Crores) |
|---|---|
| Funding of capital expenditure towards setup of a new manufacturing facility | 27.20 |
| Funding of capital expenditure for manufacturing of equipments for rental purpose | 10.00 |
| Utilization towards working capital requirements | 15.00 |
| General Corporate Purpose | – |
Analysis
Msafe Equipments Company Financials
To Be Updated Soon
Analysis
Msafe Equipments Company Valuation – FY2026
To Be Updated Soon
Analysis
Msafe Equipments IPO Peer Group Comparison
To Be Updated Soon
Analysis
Msafe Equipments IPO – Peer Group Comparison
| Company | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Techno Craft India Industries Limited | 112.32 | 24.60 | 14.84% | 781.69 | 2,595.58 |
Analysis
IPO Lead Managers aka Merchant Bankers
- Seren Capital Pvt. Ltd.
Comparison
Compare Msafe Equipments IPO with similar IPOs
FAQ
Msafe Equipments IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 21 and an issue price of Rs 123, the estimated listing price for Msafe Equipments IPO is Rs 144.00 (approx 17.07% listing gain). Actual listing price is determined by market demand on the listing day.
Msafe Equipments IPO price band is Rs 116.00 to Rs 123.00. Check the latest issue price, lot size and GMP together before applying.
Msafe Equipments IPO open date is 28 Jan 2026, close date is 30 Jan 2026, and listing date is 04 Feb 2026.
Msafe Equipments IPO lot size is 1,000 shares. The minimum retail investment is Rs 2,46,000.
Msafe Equipments is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Msafe Equipments IPO subscription status currently shows Subscription data is currently awaited.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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