Safety Controls & Devices IPO GMP today is Rs 3. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
SAFETYCONTROLS
Safety Controls & Devices IPO GMP, Subscription & Allotment Status Today
Safety Controls & Devices IPO is expected to attract investor attention as the company operates in the industrial safety and control equipment segment. The company focuses on manufacturing and supplying safety devices, control panels, and automation solutions used across industries such as manufacturing, power, and infrastructure. With growing demand for workplace safety and regulatory compliance, the company is positioned to benefit from increasing industrial investments. The IPO aims to raise funds for business expansion, working capital requirements, and strengthening its market presence. Investors may consider this IPO as a niche industrial play with exposure to the growing safety equipment and automation sector.
- Price Band
- ₹75.00 - ₹80.00
- Lot Size
- 1,600 Shares
- Bidding Closes
- 08 Apr 2026
- Listing Date
- 13 Apr 2026
Current GMP Status
₹3
+3.75% vs upper band
Est. Listing Gain
+3.75%
Last Trend
03 Apr 2026
Listing Price
₹83.00
Retail Entry
₹2,56,000
IPO Details
Complete IPO information
| Current GMP | ₹3 |
|---|---|
| Estimated Listing Gain | +3.75% |
| Price Band | ₹75.00 - ₹80.00 |
| Issue Price | Approx ₹80.00 Crores |
| Listing Price | ₹83.00 |
| Lot Size | 1,600 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | TBA |
| Listing Date | 13 Apr 2026 |
| Minimum Investment | ₹2,56,000 |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Safety Controls & Devices is priced at ₹80 per share. With a minimum lot size of 1,600 shares, a retail investor applying for one lot would need approximately ₹2,56,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Safety Controls & Devices stands at ₹3, implying an estimated listing gain of around 3.75% over the issue price if it holds until listing. 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
06 Apr 2026
✓
Bidding Closes
08 Apr 2026
✓
Allotment
TBA
✓
Listing
13 Apr 2026
Grey Market Premium
Daily GMP status
Trend chart builds up as more daily GMP snapshots are recorded.
| Date | GMP | Change | Gain |
|---|---|---|---|
| 03 Apr 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 3,200 | ₹2,56,000 |
| Retail Maximum | 2 Lot | 3,200 | ₹2,56,000 |
| S-HNI Minimum | 3 Lot | 4,800 | ₹3,84,000 |
| S-HNI Maximum | 7 Lot | 11,200 | ₹8,96,000 |
| B-HNI Minimum | 8 Lot | 12,800 | ₹10,24,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Safety Controls IPO Details
| IPO Open Date | April 6, 2026 |
|---|---|
| IPO Close Date | April 8, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹75 to ₹80 Per Share |
| Issue Size | Approx ₹48 Crores |
| Fresh Issue | Approx ₹48 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
Analysis
Safety Controls IPO Reservation
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | — Shares | —% |
| QIB (Ex. Anchor) | — Shares | 50% |
| NII | — Shares | 15% |
| Retail | — Shares | 35% |
Analysis
Safety Controls IPO Anchor Investors
| Anchor Bidding Date | 2026 |
|---|---|
| Shares Offered | — Shares |
| Anchor Size | ₹ — Cr. |
| Lock-in Period (50% Shares - 30 Days) | 2026 |
| Lock-in Period (50% Shares - 90 Days) | 2026 |
Analysis
Safety Controls IPO Dates
| IPO Open Date | April 6, 2026 |
|---|---|
| IPO Close Date | April 8, 2026 |
| Basis of Allotment | April 9, 2026 |
| Refunds | April 10, 2026 |
| Credit to Demat Account | April 10, 2026 |
| IPO Listing Date | April 13, 2026 |
| Bidding Cut-off Time | April 8, 2026 – 5 PM |
Analysis
Safety Controls IPO Promoters & Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,38,26,999 | 66.53% |
| Promoter Holding Post Issue | 1,98,26,999 | 46.40% |
| Promoters |
|---|
| Rajnish Chopra, Anjali Chopra and Abhishek Chopra |
Analysis
Safety Controls IPO – Objects of the Issue
| Purpose | Amount (₹ Cr.) |
|---|---|
| Repayment / Prepayment of Borrowings | 6.00 |
| Working Capital Requirements | 31.50 |
| General Corporate Purpose | — |
Analysis
About Safety Controls IPO
Safety Controls and Devices Limited, founded in 2015, offers complete engineering project services. The firm offers complete EPC services for substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush.
From design, supply, installation, testing, to setup, the firm gets involved in every step of transmission substations. Based in Lucknow, Uttar Pradesh, the company mainly works with government organizations.
Most of the firm’s customers are government and private entities, such as State and central government power utilities, Private power entities, and Renewable energy developers. Currently, Safety Controls runs 19 substations and is planning to expand its business into large solar projects and EV charging stations. Moreover, the firm has experience of over 30 years and has completed various turnkey projects.
Analysis
Safety Controls IPO Company Financial Report
| Period Ended | Revenue (₹ Cr.) | Expense (₹ Cr.) | PAT (₹ Cr.) | Assets (₹ Cr.) |
|---|---|---|---|---|
| 2023 | 49.26 | 48.67 | 0.43 | 66.36 |
| 2024 | 45.70 | 40.31 | 4.01 | 74.99 |
| 2025 | 103.50 | 91.61 | 8.99 | 120.28 |
Analysis
Safety Controls IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | 30.14% |
| ROCE | 37.39% |
| EBITDA Margin | 16.84% |
| PAT Margin | 8.77% |
| Debt to Equity | 0.80 |
| EPS (Basic) | ₹6.98 |
| P/E Ratio | N/A |
| RoNW | 21.32% |
| NAV | ₹31.70 |
Analysis
Safety Controls IPO Peer Group Comparison
| Company | EPS | P/E Ratio | RoNW % | NAV | Income (₹ Cr.) |
|---|---|---|---|---|---|
| Viviana Power Tech Limited | 27.68 | 59.47 | 39.96% | 97.93 | — |
| Oriana Power Limited | 79.52 | 31.68 | 31.11% | 254.75 | — |
Analysis
IPO Lead Managers aka Merchant Bankers
- Sobhagya Capital Options Pvt. Ltd.
FAQ
Safety Controls & Devices IPO FAQs
Safety Controls & Devices IPO price band is Rs 75.00 to Rs 80.00. Check the latest issue price, lot size and GMP together before applying.
Safety Controls & Devices IPO open date is 06 Apr 2026, close date is 08 Apr 2026, and listing date is 13 Apr 2026.
Safety Controls & Devices IPO lot size is 1,600 shares. The minimum retail investment is Rs 2,56,000.
Safety Controls & Devices is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Safety Controls & Devices IPO subscription status currently shows Subscription data is currently awaited.
Safety Controls & Devices IPO is expected to attract investor attention as the company operates in the industrial safety and control equipment segment. The company focuses on manufacturing and supplying safety devices, control panels, and automation solutions used across industries such as manufacturing, power, and infrastructure. With growing demand for workplace safety and regulatory compliance, the company is positioned to benefit from increasing industrial investments. The IPO aims to raise funds for business expansion, working capital requirements, and strengthening its market presence. Investors may consider this IPO as a niche industrial play with exposure to the growing safety equipment and automation sector.
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