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Safety Controls & Devices Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Safety Controls & Devices Ltd IPO

Registered Office: C-43/28/1 Nawal Kishore Road,Hazratganj , Lucknow - 226001 , Uttar Pradesh , India.
Phone : +91 052240 26070   Fax:
Email :  cs@safetygroup.in  
Website :  www.safetygroup.in
Initial public issue of 60,00,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Safety Controls & Devices Limited ("The Company" or "SCDL" or "The Issuer") at an issue price of (Rs)80 per equity share for cash, aggregating up to (Rs)48 Crores ("Public Issue") out of which 3,04,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)80 per equity share for cash, aggregating (Rs)2.43 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 56,96,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)80 per equity share for cash, aggregating upto (Rs)45.57 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 30.26% and 28.73%, respectively of the post issue paid-up equity share capital of the company. Price Band: (Rs)80/- per equity share of face value of (Rs)10/- each. The floor price is 8.0 times the face value of the equity. Bids can be made for a minimum of 2 lots and in multiples of 1600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Apr-26 08-Apr-26 (Rs)80.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 42.24
Sobhagya Capital Options Pvt Ltd
Project Financed through Current Offer 48.00  
Post Issue Equity Share Capital 19.83  
Issue Price (Rs)80.00  
 
Projects
Funding the capital exp requirements of the company by purchase of equipment and machineryFunding the working capital requirements of the company
Repayment/prepayment in part or full of certain of its borrowingsGeneral corporate purposes
Promoted By
Rajnish Chopra  
Anjali Chopra  
Abhishek Chopra  
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd