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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
Public issue of up to 60,00,000 equity shares of face value (Rs)10/- each ("Equity Shares") of Safety Controls & Devices Limited ("the Company" or the "Issuer" or "SCDL") for cash at a price of (Rs)80 per equity share (including a securities premium of (Rs)70 per equity share) ("Issue Price"), aggregating up to (Rs)48 Crores (the "Issue"). Up to 3,04,000 equity shares aggregating to (Rs)2.43 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 56,96,000 equity shares of face value of (Rs)10/- each at an issue price of (Rs)80 per equity share aggregating to (Rs)45.57 Crores is hereinafter referred to as the "Net Issue". The issue and the 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)75/- to (Rs)80/- per equity share of face value of (Rs)10/- each. The floor price is 7.5 times the face value and cap 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)75.00-80.00 (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 0.00
Sobhagya Capital Options Pvt Ltd
Project Financed through Current Offer 45.00  
Post Issue Equity Share Capital 19.83  
Issue Price (Rs)75.00  
 
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