Safecure IPO - AstroIPO

Safecure Services IPO


November 1, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Safecure Services Ltd. is preparing for its human resources and manpower sector debut through its specialized services focus. The Safecure Services IPO, scheduled from October 29th to October 31st, 2025, presents a ₹30.60 crore public issue of 30,00,000 shares at a fixed price of ₹102 per share.

Market participants can apply for a minimum of 2,400 shares, requiring ₹2,44,800 investment. The Safecure Services IPO shares, carrying ₹10 face value, will be listed on BSE, introducing this HR and manpower services specialist to the public markets through a streamlined fixed-price structure in the workforce management sector.

Safecure Services IPO Details

The key details of Safecure Services’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹30.60 Cr
Price Range ₹102
Retail Quota 50%
QIB Quota --
NII Quota 50%
Employee Discount --
Listing at BSE
Minimum Quantity 2,400
Investment (cut-off price) ₹2,44,800
Pre IPO Promotor Holding 94.33%
Post IPO Promotor Holding 66.14%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Safecure Services IPO Timelines

The IPO process for Safecure Services 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.

29/10/2025
Start Date
31/10/2025
End Date
03/11/2025
Allotment Date View Status
04/11/2025
Refund Initiation
04/11/2025
Credit of Shares to Demat Ac
06/11/2025
Listing Date

Safecure Services IPO Lot Size

The Safecure Services IPO has a fixed lot size of 1,200 shares, at a fixed price band of ₹102 per share. For retail investors, the minimum and maximum application is 2,400 shares (2 lots) amounting to ₹2,44,800. For HNI investors, the minimum application is 3,600 shares (3 lots) worth ₹3,67,200.

Application Lot Size Shares Amount
Retail Minimum 2 2400 ₹2,44,800
Retail Maximum 2 2400 ₹2,44,800
HNI Minimum 3 3600 ₹3,67,200

Safecure Services IPO Subscription Status

The subscription status for Safecure Services 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
-- 0.32x 3.31x -- 1.81x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low

Safecure Services IPO Company Financials

Safecure Services reports robust performance in FY2025 with Total Income of ₹73.27 crores, managing expenses at ₹66.01 crores, and achieving a strong PAT (Profit After Tax) of ₹6.16 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2023 ₹47.74 ₹43.16 ₹3.93
FY 2024 ₹63.06 ₹56.59 ₹5.59
FY 2025 ₹73.27 ₹66.01 ₹6.16
FY 2026 (3 M) ₹18.36 ₹16.08 ₹1.99

About Company

Incorporated in 2012, Safecure Services Limited is a leading security and facility management company in India, specializing in private security, e-surveillance, facility management, and corporate interior fit-out services. Headquartered in Mira Road, Thane, the company operates through 12 offices across 12 districts, catering to a wide range of clients including public and private sector organizations, financial institutions, and multinational corporations. Safecure follows a uniform recruitment and training policy to maintain high service standards and is recognized for its professionalism and excellence in the security industry.

The company’s service portfolio includes manned guarding, event and ATM management, and technology-backed security solutions, along with electronic surveillance, alarm monitoring, and response services for ATMs and bank branches. Additionally, Safecure provides repair and maintenance of ATMs, housekeeping, and business support services, as well as interior fit-out solutions for corporate clients. As of August 31, 2025, the company employs 1,849 personnel to manage its nationwide operations and ensure reliable, high-quality service delivery.

Incorporation Date Sector Managing Director
2012 Human Resources Shailendra Pandey

Know Before Investing

When evaluating Safecure Services's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

Safecure Services IPO Strengths

  • Safecure Services provides a wide range of security, facility management, and manpower solutions, reducing dependence on a single business line.
  • The company operates across multiple states and industries, with the ability to serve diverse customer requirements and grow its footprint.
  • A leadership team with substantial domain expertise drives effective operations, strategic vision, and market credibility.
  • The company leverages digital solutions for workforce optimization, client reporting, and fleet management to enhance service quality.
  • Repeat business from multiple reputed clients reflects reliability and a customer-centric approach.
  • A balanced combination of technology, manpower, and process helps in maximizing returns on investments and assets.

Safecure Services IPO Risks

  • Operations demand significant working capital for staff salaries, client receivables, and service delivery.
  • A substantial portion of revenue may come from a few key clients, increasing vulnerability to client loss or contract renegotiation.
  • The sector relies heavily on human resources, which poses risks related to absenteeism, labour disputes, and regulatory changes.
  • Facility management and security services are highly competitive, putting pressure on profit margins.
  • Despite having a pan-India presence, a significant revenue portion may still be concentrated in a few regions.
  • Frequent changes in labour laws, minimum wage regulations, or service tax rates can impact operations and profitability.

Swot Analysis for Safecure Services IPO

Understanding Safecure Services's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Financial Performance, Pan-India Presence, Compliance & Quality Assurance

Weaknesses

High Manpower Dependency, Regional Revenue Concentration, B2B Revenue Dependence

Opportunities

Growing Corporate Outsourcing, Tech and Digital Transformation, M&A and Strategic Partnerships

Threats

Intense Industry Competition, Regulatory & Compliance Changes, Macroeconomic Sensitivity

Company Details

Safecure Services Ltd.

Office No. 5, 5th Floor, Building No 6 Old 9,12,14 News No 62, 66, 69, Opp. Pleasant Park, Mira Road, Behind Jhankar, Thane, Maharashtra, 401107

Phone: +91 99678 81047

Email: secretarial@safecure.in

Website: https://safecure.in/

IPO Registar Details

MUFG Intime India Pvt. Ltd.

Phone: +91-22-4918 6270

Email: safecure.smeipo@linkintime.co.in

Website: https://linkintime.co.in/Initial_Offer/public-issues.html

FAQs

The key objectives of Safecure Services SME IPO are:

  • Repayment / pre-payment, in full or part, of certain borrowings availed by the Company
  • Part Funding Working Capital requirements of the Company
  • General corporate purposes

Sun Capital Advisory Services Pvt. Ltd. is the book-running lead managers for the Safecure Services IPO.

Safecure Services IPO holds solid growth potential driven by rising demand for integrated security and facility management solutions. With revenue increasing from ₹38.41 crore in FY22 to ₹63.06 crore in FY24, the company is well-positioned to benefit from compliance-led outsourcing and nationwide operational expansion.

The issue price for the Safecure Services IPO is set to ₹102 per share.

To invest in two lot of Safecure Services IPO, you need ₹2,44,800 at the fixed price band (₹102 per share) for a lot size of 2400 shares.

Safecure Services IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on November 6, 2025.

Refund/unblocking of funds for Safecure Services IPO will begin on November 4, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your Safecure Services IPO shares on listing day (November 6, 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.

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