Safety Controls & Devices IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 75 – 80
Lot Size
1600
Issue Size
₹48 Cr
Minimum Investment
₹256000 (3200 Shares)
Listing Date
13 April 2026
Subscription
1.6x
About the Company
Incorporated in June 2015, Safety Controls and Devices Limited is a Lucknow-based engineering enterprise specializing in EPC (Engineering, Procurement, and Construction) services. The company focuses on delivering projects across substations, solar power plants, firefighting systems, and healthcare infrastructure, including facilities developed for the Ministry of Ayush.
The organization primarily serves government clients, with a substantial portion of its business coming from central and state government bodies. Its client base also includes government power utilities, private power companies, and renewable energy developers.
Safety Controls and Devices Limited has established a strong operational presence, currently managing 19 substations. The company is actively expanding its footprint into utility-scale solar energy projects and electric vehicle charging infrastructure, aligning with emerging energy and sustainability trends.
With over three decades of experience in executing turnkey projects, the company has built a reputation for reliability and technical expertise in the engineering sector.
The company is ISO 9001:2015 certified by AOC Middle East LLC, reflecting its commitment to quality management standards.
As of September 30, 2025, Safety Controls and Devices Limited employed a workforce of 75 permanent employees.
Promoters
- Rajnish Chopra
- Anjali Chopra
- Abhishek Chopra
Promoters Holding
Holding Pre Issue
66.53%
Holding Post Issue
46.40%
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment/prepayment, in part or full of certain of our borrowings
- Funding the Working Capital Requirements of our Company
- General corporate purposes
Address / Contact Info
Safety Controls & Devices Ltd. Address
C-43/28/1,
Nawal Kishore Road
Hazratganj,
Lucknow, Uttar Pradesh, 226001
Tel. No.: +91 05224026070
Email: cs@safetygroup.in
Website:www. safetygroup.in
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 06 April 2026
IPO Close Date
Wednesday, 08 April 2026
Basis of Allotment
Thursday, 09 April 2026
Initiation of Refunds
Friday, 10 April 2026
Credit of Shares to Demat
Friday, 10 April 2026
Listing Date
Monday, 13 April 2026 — NSE & BSE
Important Dates
Open Date
06 April 2026
Close Date
08 April 2026
Basis Of Allotment
09 April 2026
Listing Date
13 April 2026
Financial Performance (₹ in Crores)
| Particular | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 164.41 | 1120.28 | 74.99 | 66.36 |
| Revenue | 68.51 | 103.5 | 45.7 | 49.26 |
| Profit After Tax | 8.52 | 8.99 | 4.01 | 0.43 |
| Net Worth | 54.47 | 42.17 | 17.48 | 12.47 |
| Reserve & Surplus | 40.64 | 28.87 | 6.98 | 2.97 |
| Total Borrowings | 39.18 | 33.84 | 29.79 | 18.52 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Jan 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 21.17 | 30.14 | 26.76 | 3.18 |
| ROCE % | 33.73 | 37.39 | 36.35 | 25.84 |
| Debt / Equity | 0.72 | 0.8 | 1.7 | 1.48 |
| RoNW % | 15.65 | 21.32 | 22.93 | 3.45 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 12.64 | 8.77 | 8.96 | 0.9 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1200000 | 29.18 | 0 |
| Non-Institutional | 864000 | 21.01 | 0 |
| BNII | 576000 | 14.01 | 0 |
| SNII | 288000 | 7 | 0 |
| Retail Investors | 2048000 | 49.81 | 0 |
| Total | 4112000 | 100 | 0 |
Subscription Status ( Wed, 08 Apr 26 01:28 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1200000 | 1576000 | 1.31x |
| Non-Institutional | 864000 | 2422400 | 2.8x |
| BNII | 576000 | 2246400 | 3.9x |
| SNII | 288000 | 176000 | 0.61x |
| Retail Investors | 2048000 | 1561600 | 0.76x |
| Total | 4976000 | 7982400 | 1.6x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Safety Controls & Devices Ltd | 10 | 0.00 | 6.28 | 6.28 | 21.17 | 39.39 |
| Viviana Power Tech Ltd | 10 | 61.27 | 10.99 | 10.99 | 10.53 | 111.88 |
| Oriana Power Ltd | 10 | 28.39 | 59.77 | 59.77 | 20.91 | 317.05 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 256,000.00 |
| Retail (Max) | 2 | 3,200 | 256,000.00 |
| S-HNI (Min) | 3 | 4,800 | 384,000.00 |
| S-HNI (Max) | 7 | 11,200 | 896,000.00 |
| B-HNI (Min) | 8 | 12,800 | 1,024,000.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Sobhagya Capital Options Ltd
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Safety Controls & Devices IPO is a Book-building IPO worth ₹48 crores. The price band is ₹75 to 80 per share. The IPO opens on Mon, Apr 6, 2026 and closes on Wed, Apr 8, 2026. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The Safety Controls & Devices IPO opens on Mon, Apr 6, 2026 and closes on Wed, Apr 8, 2026
Safety Controls & Devices IPO Price Band is ₹75 to 80.
Safety Controls & Devices IPO lot size is 1600, and the minimum amount required for application is ₹256000.
The minimum investment for Safety Controls & Devices IPO is approximately ₹256000 based on the upper price band.
To apply for the Safety Controls & Devices IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Apr 8, 2026. After submission, funds are blocked until the basis of allotment of Safety Controls & Devices IPO is finalised.
Safety Controls & Devices IPO issue size is ₹48 crores.
Safety Controls & Devices IPO allotment date is Sat, Jun 27, 2026.
The registrar for Safety Controls & Devices IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to Safety Controls & Devices IPO through their official website or helpline.