Issue Price
₹123
Per Share
GMP
+₹21
+17.07% Grey Market
Est. Listing
₹144
Expected Price
Min. Application
₹246,000
2 lots × 1000 shares
Msafe Equipments Ltd is proposing an Initial Public Offering (IPO) on the BSE SME platform under the SME category.
Subscription opens 28 Jan 2026, closes 30 Jan 2026. Listing expected 07 Feb 2026. Apply via ASBA or UPI.
Msafe Equipments Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹123,000 |
| Retail (Max) | 13 | 13,000 | ₹1,599,000 |
| sNII (Min) | 14 | 14,000 | ₹1,722,000 |
| bNII (Min) | 68 | 68,000 | ₹8,364,000 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |