Safe Enterprises Retail Fixtures IPO Details
The Safe Enterprises Retail Fixtures IPO is a book build issue with a total issue size of ₹169.74 cr, comprising of fresh issue of 12300000 equity shares. Safe Enterprises Retail Fixtures IPO opened for subscription on Jun 20, 2025 and closed on Jun 24, 2025. Safe Enterprises Retail Fixtures IPO is set price band at ₹131 to ₹138 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹276,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 25, 2025, and listed on the NSE on Jun 27, 2025.
Maashitla Securities Pvt. Limited has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Safe Enterprises Retail Fixtures IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 131 – 138
- Lot Size
- 1000
- Issue Size
- ₹169.74 Cr
- Minimum Investment
- ₹276000 (2000 Shares)
- Listing Date
- 27 June 2025
Current GMP
₹6 (+4.35%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Safe Enterprises Retail Fixtures Limited
Safe Enterprises Retail Fixtures Limited
Established in 1976, Safe Enterprises Retail Fixtures Limited is a leading provider of end-to-end shop fittings and retail display solutions. The company specializes in the design, manufacturing, supply, and installation of customized fixtures tailored to diverse retail segments, including fashion and apparel, electronics, department stores, grocery, and luxury retail.
Safe Enterprises addresses key challenges in the retail environment—product display, placement, storage, and safety—offering comprehensive merchandising solutions that enhance both functionality and customer experience.
Key Clients and Projects
Safe Enterprises serves prominent Indian retail chains and hypermarkets, including:
- Zudio & Westside – Fashion fixtures
- Godrej Nature’s Basket – Customized gourmet shelving
- Reliance Retail & Future Group – Hypermarket installations
Product Portfolio
The company’s offerings include:
- Gondola Shelving – Modular systems for supermarkets
- Checkout Counters – Ergonomic designs for improved efficiency
- Display Racks & Stands – Customizable units for fashion, electronics, and FMCG
- Mannequins & Visual Merchandising Displays – Aesthetic solutions for brand visibility
- Storage & Backroom Fixtures – High-capacity stockroom shelving
- Custom Fixture Design – Tailored solutions that integrate style and practicality
- Innovative Solutions – Adaptable designs in line with evolving retail trends
Operations and Reach
Safe Enterprises operates three manufacturing facilities located in Sanpada, Thane; Kukshet Nerul; and Nerul, Navi Mumbai, Maharashtra. The company also has a design and project department staffed by 15 experienced professionals as of October 31, 2024.
It sells products across more than 25 states and union territories in India, with significant revenue from Maharashtra, Karnataka, and Gujarat. Internationally, Safe Enterprises exports to markets including the USA, UAE, and Oman.
Franchise and Distribution
- Franchisees: Navi Mumbai and Hyderabad
- Distributors: Dubai and Kansas City
Safe Enterprises Retail Fixtures IPO Promoters
- Saleem Shabbir Merchant
- Mikdad Saleem Merchant
- Huzefa Salim Merchant
- Munira Salimbhai Merchant
Promoters Holding
Holding Pre Issue
95.18%
Holding Post Issue
95.18%
Safe Enterprises Retail Fixtures IPO Objective
The Company Safe Enterprises Retail Fixtures IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit
- Investment in the Subsidiary, Safe Enterprises Retail Technologies Private Limited for financing its capital expenditure requirements in relation towards installation of additional plant and machinery
- To Meet Working Capital Requirements of the Company
- Investment in the subsidiary Safe Enterprises Retail Technologies Private Limited to meet working capital requirements
- General Corporate Purpose
Address / Contact Info
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
IPO Snapshot
Safe Enterprises Retail Fixtures IPO Registrar
Maashitla Securities Pvt. Limited
Check Allotment StatusBook Running Lead Managers
- Hem Securities Limited
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.
Safe Enterprises Retail Fixtures IPO is a Book-building IPO with a total issue size of ₹169.74 crore. The Safe Enterprises Retail Fixtures IPO price band is ₹131 to 138 per share. The Safe Enterprises Retail Fixtures IPO subscription opens on Fri, Jun 20, 2025, and closes on Tue, Jun 24, 2025. The Safe Enterprises Retail Fixtures IPO will be listed on the NSE. Maashitla Securities Pvt. Limited is the registrar for the Safe Enterprises Retail Fixtures IPO.
The Safe Enterprises Retail Fixtures IPO opens on Fri, Jun 20, 2025 and closes on Tue, Jun 24, 2025
Safe Enterprises Retail Fixtures IPO Price Band is ₹131 to 138 per share.
Safe Enterprises Retail Fixtures IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹276000 based on the upper price band
The minimum investment for Safe Enterprises Retail Fixtures IPO is ₹276000, based on one lot of 1000 shares at the upper price band of ₹138 per share.
Investors can apply for the Safe Enterprises Retail Fixtures IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Jun 24, 2025. The application amount remains blocked until the Safe Enterprises Retail Fixtures IPO allotment is finalized.
Safe Enterprises Retail Fixtures IPO issue size is ₹169.74 crores.
Safe Enterprises Retail Fixtures IPO allotment date is Wed, Jul 1, 2026.
The registrar for Safe Enterprises Retail Fixtures IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Safe Enterprises Retail Fixtures IPO allotment status, refund processing, and other IPO-related information.
The Safe Enterprises Retail Fixtures IPO GMP (Grey Market Premium) is ₹6 as of Fri, Jun 27, 2025. Based on the upper price band of ₹138 per share, the estimated Safe Enterprises Retail Fixtures IPO listing price is ₹144, indicating a potential listing gain of approximately 0% over the issue price.