Issue Price
₹80
Per Share
GMP
NIL
Grey Market
Est. Listing
₹80
Expected Price
Min. Application
₹256,000
2 lots × 1600 shares
Incorporated in June 2015, Safety Controls and Devices Limited specialises in EPC (Engineering, Procurement, and Construction), focusing on substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, we operate as an engineering enterprise.The company primarily caters to government entities and undertakings, constituting a significant portion of its customer base.This includes various state and central government power utilities, private power entities, and renewable energy developers.The company operates 19 substations and is expanding into utility-scale solar and electric vehicle charging stations.The company has completed turnkey projects for 30 years.The company is AOC Middle East LLC certified: ISO 9001:2015.As of September 30, 2025, the company had 75 Permanent employees.Competitive StrengthWell-established association with Government entitiesGood relationship with Original Equipment Manufacturers (OEMs) and suppliers.Operates with a centralized approach for decisions like raw material procurement, workforce deployment, project scope, and execution.Experienced Leadership and an efficient management team.
Safety Controls & Devices Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 3,145,600 | — | ₹25.16 Cr | 1.20x |
| NII / HNI | 1,036,800 | — | ₹8.29 Cr | 2.78x |
| Market Maker | 304,000 | — | ₹2.43 Cr | — |
| TOTAL | 5,696,000 | 100.00% | ₹45.57 Cr | 1.27x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹128,000 |
| Retail (Max) | 13 | 20,800 | ₹1,664,000 |
| sNII (Min) | 14 | 22,400 | ₹1,792,000 |
| bNII (Min) | 68 | 108,800 | ₹8,704,000 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 103.50 | 45.70 | 49.26 |
| EBITDA | 17.27 | 8.27 | 2.63 |
| Profit After Tax (PAT) | 8.99 | 4.01 | 0.43 |
| Net Worth | 42.17 | 17.48 | 12.47 |
| Total Assets | 120.28 | 74.99 | 66.36 |
| Reserves & Surplus | 28.87 | 6.98 | 2.97 |
| Total Borrowings | 33.84 | 29.79 | 18.52 |