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Msafe Equipments Ltd

Msafe Equipments Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹123
₹123
GMP (Grey Market)
+₹21
+17.07%
Est. Listing Price
₹144
Based on GMP
Min. Investment
₹123,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Jan 2026
Close Date
30 Jan 2026
Allotment
05 Feb 2026
Listing Date
04 Feb 2026
Exchange
BSE SME
Price Band
₹123
Listing Price
See chart
Allotment Status
Price Band
₹123
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
54,00,000 shares (agg. up to ₹66 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹123,000
1 lot
Pre-IPO Holding
1,60,00,000 shares
Promoters
Post-IPO Holding
2,04,00,000 shares
Promoters
P/E (Pre)
15.12x
 
P/E (Post)
11.95x
 
EPS (Pre)
₹8.13
 
EPS (Post)
₹10.29
 
UPI Deadline
5:00 PM on 30 Jan 2026
Mandate
GMP
+₹21
+17.07% est.
Anchor AllotmentTue, 27 Jan 2026
Basis of AllotmentThu, 05 Feb 2026
Refund InitiationFri, 06 Feb 2026
Demat CreditFri, 06 Feb 2026
Listing DayWed, 04 Feb 2026
UPI Mandate Deadline5:00 PM on 30 Jan 2026
Sale TypeFresh Capital & OFS
Net Offer to Public51,02,000 shares (agg. up to ₹63 Cr
Market Maker Quota2,98,000 shares (agg. up to ₹4 Cr)
QIB Quota47.07% of Net Issue
HNI / NII Quota14.33% of Net Issue
Retail Quota33.07% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Msafe Equipments Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Jan 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
298,000
5.52%
5.52%
₹3.67
QIB
Over 1.00x
2,542,000
47.07%
47.07%
₹31.27
NII / HNI
Over 1.00x
774,000
14.33%
14.33%
₹9.52
Retail
Over 1.00x
1,786,000
33.07%
33.07%
₹21.97
Total 1.00x
5,400,000
100% ₹66.42
IPO Shares Offered
Msafe Equipments Ltd IPO total issue size: ₹66.42 Cr. Retail: ₹21.97 Cr. QIB: ₹31.27 Cr. NII: ₹9.52 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 2,542,000 ₹31.27
47.07%
Market Maker 298,000 ₹3.67
5.52%
NII 774,000 ₹9.52
14.33%
Retail 1,786,000 ₹21.97
33.07%
Total 5,400,000 ₹66.42
100.00%
* Based on upper price band ₹123 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 774,000 1,786,000 2,560,000
Allotment price (₹) 123 123 123 123 123 123 123 123
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹21.97 ₹21.97
Times subscribed 1 1 1 1
Shares allotted 774,000 1,786,000 2,560,000
No. of allottees
* Upper price band ₹123 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹123.00
Upper Band
Min Investment
₹123,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹246,000
Retail (Max — 13 Lots)1313,000₹1,599,000
S-HNI (Min — 14 Lots)1414,000₹1,722,000
B-HNI (Min — 68 Lots)6868,000₹8,364,000
* Issue Price ₹123 × Lot Size 1,000 shares
IPO Schedule
Anchor
27 Jan 2026
✓ Done
IPO Open
28 Jan 2026
✓ Done
IPO Close
30 Jan 2026
✓ Done
Allotment
05 Feb 2026
✓ Done
Refunds
06 Feb 2026
✓ Done
Demat Credit
06 Feb 2026
✓ Done
Listing Day
04 Feb 2026
✓ Done
Msafe Equipments Ltd — Live Price LIVE
₹123.00
INR · BSE
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Issue ₹123.00 GMP: +₹21 Live Price
About Msafe Equipments Ltd

Msafe Equipments Ltd is proposing an IPO on BSE SME under the SME category. Total issue: 54,00,000 shares (agg. up to ₹66 Cr).

Opens 28 Jan 2026, closes 30 Jan 2026. Listing: 04 Feb 2026. Apply via ASBA or UPI.

Objects of the Issue
1
Object 1
2
Object 2
3
Object 3
4
Object 4
Msafe Equipments Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹48.3
31 Mar 2024
₹71.6
31 Mar 2025
₹49.1
30 Sep 2025
Profit After Tax (PAT)
₹6.6
31 Mar 2024
₹13.0
31 Mar 2025
₹10.5
30 Sep 2025
Particulars30 Sep 202531 Mar 202531 Mar 2024
Revenue from Operations 49.07 71.62 48.34
EBITDA 19.21 26.08 15.12
Profit After Tax (PAT) 10.50 13.01 6.55
Net Worth 36.15 25.65 12.64
Total Assets 87.67 73.59 48.19
Reserves & Surplus 20.15 24.65 11.64
Borrowings 37.67 32.56 25.87
EBITDA Margin (%) 39.20%
PAT Margin (%) 21.42%
P/BV Ratio
5.44
RoE
33.98%
RoCE
21.21%
RoNW
29.05%
PAT Margin
21.42%
EBITDA Margin
39.20%
Issue Structure & Shareholding
Total Shares Offered54,00,000 (100.00%)
Net Offer to Public51,02,000 shares (agg. up to ₹63 Cr
Reserved for Market Maker2,98,000 shares (agg. up to ₹4 Cr)
Pre-Issue Promoter Holding1,60,00,000 shares
Post-Issue Promoter Holding2,04,00,000 shares
P/BV Ratio5.44
RoE33.98%
RoCE21.21%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Msafe Equipments Ltd IPO subscribed?

Msafe Equipments Ltd IPO is subscribed 1.00 times by Jan 30, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Msafe Equipments Ltd IPO retail subscription status?

The Msafe Equipments Ltd IPO retail category is subscribed 1.00 times as of 30 Jan 2026. The retail portion is oversubscribed.

How to subscribe Msafe Equipments Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Jan 2026 and closes 30 Jan 2026. Min investment: ₹123,000 (1 lot = 1,000 shares). UPI mandate: 5:00 PM on 30 Jan 2026.

How many times Msafe Equipments Ltd IPO subscribed?

The Msafe Equipments Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Msafe Equipments Ltd IPO allotment?

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Feb 2026. Refunds: on 06 Feb 2026.

When Msafe Equipments Ltd IPO will be listed?

The Msafe Equipments Ltd IPO listing date is 04 Feb 2026, Wednesday. Listed on: BSE SME. Issue price: ₹123. Estimated listing: ₹144. GMP: +₹21.

When Msafe Equipments Ltd IPO close?

The Msafe Equipments Ltd IPO closes on 30 Jan 2026, Friday. UPI mandate: 5:00 PM on 30 Jan 2026. Allotment: 05 Feb 2026. Listing: 04 Feb 2026.