Safe Enterprises IPO Details
The key details of Safe Enterprises Retail Fixtures’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹161.13 Cr |
| Price Range | ₹131 - ₹138 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1000 |
| Investment (cut-off price) | ₹1,38,000 |
| Pre IPO Promotor Holding | 95.18 |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Safe Enterprises IPO Timelines
The IPO process for Safe Enterprises Retail Fixtures includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
20/06/2025
Start Date24/06/2025
End Date26/06/2025
Refund Initiation26/06/2025
Credit of Shares to Demat Ac27/06/2025
Listing DateSafe Enterprises IPO Lot Size
The Safe Enterprises Retail Fixtures IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹138 per share, requiring ₹138,000 per lot for retail investors. For HNI investors, the minimum application is 2,000 shares (2 lots) amounting to ₹276,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹1,38,000 |
| Retail Maximum | 1 | 1000 | ₹1,38,000 |
| HNI Minimum | 2 | 2000 | ₹2,76,000 |
Safe Enterprises IPO Subscription Status
The subscription status for Safe Enterprises Retail Fixtures IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 34.31x | 12.51x | 4.44x | -- | 14.70x |
IPO Performance on Listing Day
On the listing day (June 27, 2025), Safe Enterprises Retail Fixtures made a positive debut on the stock exchange. The stock opened at ₹151, delivering a decent premium of 9.4% over its issue price of ₹138. Throughout the trading session, the stock showed steady upward momentum, climbing to a high of ₹158.55 while maintaining support at its opening price. The shares concluded their first trading day at ₹158.55, securing a healthy gain of 14.9% over the issue price, reflecting solid investor confidence in this retail fixtures manufacturer.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹151.00 | ₹158.55 | ₹158.55 | ₹151 |
Safe Enterprises IPO Company Financials
Safe Enterprises Retail Fixtures IPO reports robust performance in FY2025 with Total Income of ₹139.73 crores, managing expenses at ₹89.73 crores, and achieving a strong PAT (Profit After Tax) of ₹39.19 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2024 | ₹101.38 | ₹70.11 | ₹23.09 |
| FY 2025 (6 M) | ₹139.73 | ₹89.73 | ₹39.19 |
About Company
Incorporated in 1976, Safe Enterprises Retail Fixtures Limited specializes in designing, manufacturing, supplying, and installing customized shop fittings and retail fixtures across diverse retail sectors such as fashion, electronics, grocery, and luxury. The company addresses retail challenges by providing tailored merchandising solutions focused on display, placement, storage, and safety. Their product range includes gondola shelving, checkout counters, display racks, mannequins, and storage fixtures, all designed to enhance store aesthetics, functionality, and branding. Serving prominent Indian clients like Zudio, Westside, Godrej Nature’s Basket, Reliance Retail, and Future Group, the company emphasizes personalized and innovative fixture designs that align with evolving retail trends.
Operating three manufacturing units in Maharashtra and maintaining franchisees in Navi Mumbai and Hyderabad, Safe Enterprises also extends its reach internationally with distributors in Dubai and Kansas City. The company distributes products across more than 25 Indian states, with Maharashtra, Karnataka, and Gujarat contributing the majority of its revenue. As of October 2024, the design team comprised 15 employees dedicated to creating creative and effective retail solutions that meet the needs of various retail segments, ensuring a comprehensive approach from design through installation.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1976 | Furniture | Saleem Shabbir |
Know Before Investing
Safe Enterprises IPO Strengths
- With over three decades of experience, Safe Enterprises has a proven track record in designing, manufacturing, and installing custom retail fixtures, building a strong reputation for reliability and quality.
- The company operates advanced production facilities capable of metal fabrication, woodwork, carpentry, painting, and powder-coating, ensuring full control over product quality and timely delivery.
- Revenue from operations grew from ₹38.63 crore in FY22 to ₹100.91 crore in FY24, while PAT margin improved from 3.24% to 22.88% and EBITDA margin from 6.27% to 33.94%.
- Safe Enterprises provides complete solutions from conceptualization and prototyping to manufacturing and installation, tailored to the unique needs of each client.
- The company develops modular and electrified shop fittings that integrate digital technologies such as LED lighting and digital screens, aligning with evolving retail trends.
- The company serves clients across multiple retail segments—fashion, electronics, department stores—and operates in more than 25 Indian states and several international markets.
Safe Enterprises IPO Risks
- The company is heavily dependent on its top five customers, which accounted for approximately 97% of its revenue in FY24, making it vulnerable to the loss of any major client.
- Revenue is largely project-driven, which can lead to uneven cash flows and financial results depending on project timing and execution.
- The retail fixtures and merchandising solutions sector is highly competitive, with both domestic and international players vying for contracts, potentially pressuring margins.
- Delays in project delivery, cost overruns, or quality issues could negatively impact profitability and client relationships.
- Fluctuations in the prices of metals, wood, and other materials may increase production costs and reduce margins.
- The company must comply with evolving environmental, safety, and labor regulations, with non-compliance potentially resulting in penalties or operational disruptions.
Swot Analysis for Safe Enterprises IPO
Strengths
Strong Revenue Growth, Wide Geographic Reach, Customized In-Store Solutions
Weaknesses
Regional Manufacturing Concentration, Dependence on Retail Sector, Limited Operating History
Opportunities
Retail Industry Growth, Expansion of Manufacturing Capacity, Export Market Expansion
Threats
Intense Competition, Economic Downturns, Raw Material Price Volatility
Company Details
Safe Enterprises Retail Fixtures Limited
Plot No. D-372, TTC MIDC Industrial Area, MIDC Kukshet Village, Sanpada, Thane – 400703, Maharashtra, India
Phone: +917021883016
Email: compliance@safeenterprises.com
Website: https://safeenterprises.com/
IPO Registar Details
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Safe Enterprises IPO are:
- 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
Hem Securities Limited is the book-running lead managers for the Safe Enterprises IPO.
The issue price for the Safe Enterprises IPO is set between ₹131 to ₹138 per share.
To invest in one lot of Safe Enterprises IPO, you need ₹1,31,000 at the lower price band (₹131 per share) or ₹1,38,000 at the upper price band (₹138 per share) for a lot size of 1000 shares.
Safe Enterprises IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on June 27, 2025.
Refund/unblocking of funds for Safe Enterprises IPO will begin on June 26, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Safe Enterprises IPO shares on listing day (June 27, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.