IPO Details
Bidding Dates
20 Jun 25 - 24 Jun 25
Lot Size
1000
Price Range ₹
131 - 138
Exchange Status
NSE
Total Equity
₹ 169.74Cr
IPO Doc
IPO Timeline
Offer start
20 Jun 2025
Offer end
24 Jun 2025
Allotment
25 Jun 2025
Refund initiation
26 Jun 2025
Demat transfer
26 Jun 2025
Listing
27 Jun 2025
Offer start
20 Jun 2025
Offer end
24 Jun 2025
Allotment
25 Jun 2025
Refund initiation
26 Jun 2025
Demat transfer
26 Jun 2025
Listing
27 Jun 2025
About Company
Incorporated in 1976, Safe Enterprises Retail Fixtures Limited specializes in designing, manufacturing, supplying, and installing customized retail fixtures and shop fittings for sectors like fashion, electronics, grocery, and luxury retail. The company provides end-to-end merchandising solutions, addressing retail display, storage, and safety needs. With three manufacturing units in Maharashtra and a strong client base including major retail chains, the company operates across 25+ Indian states and also exports through distributors in Dubai and Kansas City. Known for its in-house design and production capabilities, Safe Enterprises focuses on innovation, customization, and long-term client relationships. Financially, the company has shown strong growth, with revenue rising to ₹139.73 crore and profit after tax reaching ₹39.19 crore in FY 2025, with zero debt on the books.
Year Founded
21-07-2024
Promotor Details
Saleem Shabbir Merchant
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 99.98 | 0 |
| Share Capital | 34297874 | 0 |
Offer to Public
1,23,00,000.00 Cr
Project Details
- Investment in our Subsidiary, Safe Enterprises Retail Technologies Private Limited for financing its - 69.902cr
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing unit. - 780.13cr
Objectives
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing unitInvestment in our 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 our CompanyInvestment in our subsidiary Safe Enterprises Retail Technologies Private Limited to meet working capital requirementsGeneral Corporate Purpose
Highlights
- Over four decades of experience in the retail fixture space has helped the company build strong industry credibility and operational know-how.
- In-house manufacturing with design customisation ensures better control over quality, faster delivery, and tailored solutions for clients.
- Long-standing relationships with top Indian retailers offer revenue stability and repeat business.
- Strong financials with zero debt and healthy cash flows provide room for expansion and tech upgrades.
- Rising demand from Tier-II/III cities and modern retail formats positions the company well for future growth.
Challenges
- High dependence on a few large clients makes the business vulnerable to client-specific risks.
- Global reach remains limited, despite a few overseas distributors.
- Volatile raw material prices can pressure margins and disrupt cost planning.
- Business performance is closely tied to retail capex, which may slow during economic downturns.
- Rapidly changing retail design trends demand constant innovation and flexibility
