Issue Price
₹10
Per Share
GMP
NIL
Grey Market
Est. Listing
₹10
Expected Price
Min. Application
₹200,000
2 lots × 10000 shares
Established on 2012, Safa Systems & Technologies is engaged in the business of distributorship of consumer durable products like Mobile phones, Mobile phone accessories, Tablets, LED TVs, Home appliances and wearable devises of various brands like Xiaomi, OPPO, TECNO, Micromax, One Plus in Kerala. The company works in B2B (Business to Business) model.The company has strict quality regulations and has been also awarded with ISO 9001:2015 quality certifications. Recently, the company has taken an office in Mumbai as a part of its expansion plans to grow their presence into other regions of the country.Competitive Strengths:Organizational stability along with management expertiseEstablished relationship with customers and suppliersStrong supplier relationship ensuring the right supply and pricing of the productsQuality & ISO Certifications
Safa Systems & Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 200,000 | — | ₹0.20 Cr | — |
| TOTAL | 4,000,000 | 100.00% | ₹4.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| sNII (Min) | 14 | 140,000 | ₹1,400,000 |
| bNII (Min) | 68 | 680,000 | ₹6,800,000 |
| Particulars | 7-Oct-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 145.19 | 208.60 | 255.22 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 0.27 | 0.29 | 0.31 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 44.68 | 48.92 | 40.26 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |