Safe Enterprises Retail Fixtures’ Rs 169.74 crore IPO launched

The IPO was launched on June 20 with a face value of Rs 5 each, with the price the band being Rs 131 to Rs 138 per equity share. 

Safe Enterprises Retail Fixtures Limited, a leading player engaged in the design, manufacturing and installation of retail shop fittings and fixtures, has announced the launch of its Initial Public Offering (IPO) on the NSE Emerge platform.

The IPO opened on June 20, 2025 and closes on June 24, 2025 with a price band of ₹131 to ₹138 per equity share, having a face value of ₹5 each.

The company informs that the issue consists entirely of a fresh issue of 1,23,00,000 equity shares, aiming to raise ₹16,974 lakhs. The issue is being managed by Hem Securities Limited, with Maashitla Securities Private Limited acting as the registrar to the issue. 

The minimum application lot is 1,000 equity shares, with the company allocating 58,37,000 shares for Qualified Institutional Buyers (QIB), 17,52,000 shares for Non-Institutional Investors (NII), 40,87,000 shares for Retail Individual Investors (RII) and 6,24,000 shares for Market Makers.

The company has also shared details of the deployment of the capital raised as given below:

• Funding capital expenditure of ₹6,588.59 lakhs for setting up an integrated manufacturing facility, including land acquisition, civil construction and purchase of plant and machinery.
• Investment of ₹699.02 lakhs in the subsidiary Safe Enterprises Retail Technologies Private Limited for manufacturing infrastructure development.
• Meeting working capital requirements amounting to ₹3,000.00 lakhs and ₹1,000 lakhs of company & subsidiary respectively.
• Funding general corporate purposes.

For the financial year of 2025, the company reported a consolidated revenue of Rs ₹13,831.31 lakhs, net worth of Rs 7,207.58 lakhs (FY25) and a net profit of Rs ₹3,918.54 lakhs.