Msafe Equipments Ltd IPO – Dates, Price Band & Lot Size

The Msafe Equipments Ltd IPO will be live from 28 Jan'26 to 30 Jan'26 with an issue size of ₹66.42 crores. The IPO is priced in the band of ₹0.00–₹123.00 per share with a minimum lot size of 2000.00 shares. Stay updated with IPO dates, allotment status, and listing details.

Min Investment ₹246000.00

Subscribed Times 153.98x

Issues size ₹66 Crores

Price Range ₹0.00 - ₹123.00

Open on 28 Jan'26

Close on 30 Jan'26

Msafe Equipments Ltd IPO Details

Lot Size 2000.00

Issue size ₹66 Crores

Issue Type Book Building

Msafe Equipments Ltd Shares Offered

Qualified Inst. Buyers 26.25

Non Inst. Buyers 27.66

Retails Ind. Buyers 46.09

Msafe Equipments Ltd Subscription Status

(as of 20 Feb 2026) Overall Status 153.98x

Qualified Inst. Buyers 117.97x

Non Inst. Buyers 222.82x

Retails Ind. Buyers 133.16x

Msafe Equipments Ltd IPO Timeline

28 Jan'26 Issue Open

30 Jan'26 Issue Close

02 Feb'26 Finalization of Basis of Allotment

03 Feb'26 Initiation of refund

03 Feb'26 Transfer of shares to Demat Account

04 Feb'26 Listing Date

Msafe Equipments Ltd Objects of the offer

Expand our production capabilities by setting up a new manufacturing facility.

Proposed Expansion into Hanging Scaffolding and Ladder Segments.

Focus on consistently meeting quality standards.

Msafe Equipments Ltd Company's Financials

Assets(cr) Mar 2025 58.86 Mar 2024 38.90 Mar 2023 26.41

Gross Profit(cr) Mar 2025 23.67 Mar 2024 13.28 Mar 2023 7.94

Liabilities(cr) Mar 2025 33.21 Mar 2024 26.26 Mar 2023 20.37

Net Income(cr) Mar 2025 13.01 Mar 2024 6.55 Mar 2023 3.61

Revenue(cr) Mar 2025 71.34 Mar 2024 48.13 Mar 2023 26.98

Msafe Equipments Ltd Peer Comparison

Script Name Msafe Equipments Ltd Revenue(cr) 71.34 Net Profit(cr) 13.01 EPS 0.00 Current Ratio 2.26

Script Name Technocraft Industries (India) Ltd. Revenue(cr) 2595.58 Net Profit(cr) 256.19 EPS 112.32 Current Ratio 8.55

Msafe Equipments Ltd IPO

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Msafe Equipments Ltd Company Contact Info

F-311 3rd Flr Aditya Arcade,

Plot No.30 Community Center,

Delhi-110092

Phone : +91 8882207104

Msafe Equipments Ltd Registrar & Transfer Agent

Maashitla Securities Pvt Ltd

451 Krishna Apra Bus,

Netaji Subhash Place-New Delhi-110034

Phone : 011-45121795

Fax : 01145121795

Msafe Equipments Ltd Book Running Managers

Seren Capital Private Limited

Initial public offer of up to 54,00,000 equity shares of face value of Rs. 10/- each (The Equity Shares) of Msafe Equipments Limited (The Company Or MEL Or The Issuer) at an offer price of Rs.123 per equity share for cash, aggregating up to Rs.66.42 crores (Public Offer) comprising of a fresh issue of up to 44,00,000 equity shares aggregating to Rs. 54.12 crores (The Fresh Issue) and an offer for sale of up to 10,00,000 equity shares by the promoter selling shareholders, Ajay Kumar Kanoi and Vansh Aggarwal (Offer For Sale) aggregating to Rs.12.3 crores, (Hereinafter Refferd As Promoter Selling Shareholders) out of which 2,98,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs.123 per equity share for cash, aggregating Rs.3.67 crores will be reserved for subscription by the market maker to the offer (The Market Maker Reservation Portion). The public offer less market maker reservation portion i.e. offer of 51,02,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs.123 per equity share for cash, aggregating Rs. 62.75 crores is herein after referred to as the Net Offer. The public offer and net offer will constitute 26.47% and 25.01% respectively of the post-offer paid-up equity share capital of the company.Price Band: Rs. 123 per equity share of face value Rs. 10/- each.The floor price is 12.3 times of the face value of the equity shares.Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.

Msafe Equipments Ltd IPO FAQs

What is the issue size of Msafe Equipments Ltd IPO?

The issue size of Msafe Equipments Ltd IPO is ₹ 66 crore.

What is 'pre-apply' for Msafe Equipments Ltd IPO?

'Pre-apply' lets you place your IPO application before the official opening date.

If I pre-apply for Msafe Equipments Ltd IPO, when will my order get placed?

Your order will be placed automatically once the IPO opens for subscription.

When will I know if my Msafe Equipments Ltd IPO order is placed?

You'll get a confirmation via SMS/email once your IPO order is successfully placed.

What are the open and close dates of the Msafe Equipments Ltd IPO?

The IPO opens on 28 Jan and closes on 30 Jan.

What is the lot size and minimum order quantity of the Msafe Equipments Ltd IPO?

The minimum order is 1 lot, which consists of 2000.00 shares.

What is the allotment date for the Msafe Equipments Ltd IPO?

The allotment is expected on 02 Feb.

Who is the registrar of the Msafe Equipments Ltd IPO?

Maashitla Securities Pvt Ltd is the registrar for this IPO.

Where is the Msafe Equipments Ltd IPO getting listed?

It will be listed on BSE.