Msafe Equipments Ltd. IPO: Msafe Equipments IPO is one of the popular book built issues of the year 2026. The total issue size and price band of this IPO are important for investors. The company is issuing new shares through this public offering, which aims to meet its business expansion and working capital needs.

Msafe Equipments Ltd. IPO Overview
The IPO of Amsafe Equipments Limited is a ‘Mainboard/SME’ category issue, which offers investors an opportunity to participate in the company’s growth journey. The company’s financial performance has been stable and it has a strong hold in the market. Investors can invest in the equity shares of the company for long term through this IPO.
| Details | Descriptions |
|---|---|
| IPO Date | 28 to 30 Jan, 2026 |
| Listing Date | Wed, Feb 4, 2026 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹116 to ₹123 |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 54,00,000 shares (agg. up to ₹66 Cr) |
| Reserved for Market Maker | 2,98,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 51,02,000 shares (agg. up to ₹63 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,60,00,000 shares |
| Share Holding Post Issue | 2,04,00,000 shares |
Msafe Equipments Ltd. IPO Schedule
The deadline of this IPO is very important for investors. Applications can be made only between the opening date and closing date of the IPO. After this the basis of allotment will be decided and the refund process will start. Finally, listing will take place after the shares are credited to the demat account of the successful applicants.
| Details | Description |
|---|---|
| IPO Open Date | Wed, Jan 28, 2026 |
| IPO Close Date | Fri, Jan 30, 2026 |
| Tentative Allotment | Mon, Feb 2, 2026 |
| Initiation of Refunds | Tue, Feb 3, 2026 |
| Credit of Shares to Demat | Tue, Feb 3, 2026 |
| Tentative Listing Date | Wed, Feb 4, 2026 |
| Cut-off time for UPI mandate confirmation | – |
Msafe Equipments Ltd. IPO Lot Size Details
The minimum investment amount to invest in Msafe Equipments IPO depends on the ‘Lot Size’. It is mandatory for retail investors to purchase at least one lot, which consists of a certain number of shares. HNI investors can apply for more lots as per their capacity, subject to a maximum limit.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,46,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,46,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,69,000 |
| S-HNI (Max) | 8 | 8,000 | ₹9,84,000 |
| B-HNI (Min) | 9 | 9,000 | ₹11,07,000 |
Msafe Equipments Ltd. IPO Allocation
The allocation of shares in this IPO is divided into different categories. In this, separate quotas are reserved for retail investors, non-institutional investors (NIIs) and qualified institutional buyers (QIBs). The allotment process is completely transparent and is decided by the Registrar on the basis of subscription data.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,98,000 (5.52%) |
| QIB Shares Offered | 25,42,000 (47.07%) |
| − Anchor Investor Shares Offered | 15,25,000 (28.24%) |
| − QIB (Ex. Anchor) Shares Offered | 10,17,000 (18.83%) |
| NII (HNI) Shares Offered | 7,74,000 (14.33%) |
| − bNII > ₹10L | 5,16,000 (9.56%) |
| − sNII < ₹10L | 2,58,000 (4.78%) |
| Retail Shares Offered | 17,86,000 (33.07%) |
| Total Shares Offered | 54,00,000 (100.00%) |
Msafe Equipments Ltd. IPO Promoter Holding
| Details | Promoter Holding (%) |
|---|---|
| Promoter Holding Pre Issue | 94.87% |
| Promoter Holding Post Issue | 68.88% |
Overview of Msafe Equipments Ltd.
Msafe Equipments Ltd. is an emerging name in the field of security devices and related solutions. The company is primarily active in manufacturing and supplying industrial safety products. Due to its commitment towards quality and international standards, the company has carved a niche for itself in the market in a very short time.
Company Financials
Msafe Equipments Ltd. Financial Information (Restated Standalone)
| Period Ended | 30 Sep 2025 | 31-Mar-25 | 31-Mar-24 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 87.67 | 73.59 | 48.19 | 33.54 |
| Total Income | 49.07 | 71.62 | 48.34 | 29.71 |
| Profit After Tax | 10.50 | 13.01 | 6.55 | 3.65 |
| EBITDA | 19.21 | 26.08 | 15.12 | 9.19 |
| Net Worth | 36.15 | 25.65 | 12.64 | 6.09 |
| Reserves and Surplus | 20.15 | 24.65 | 11.64 | 5.09 |
| Total Borrowing | 37.67 | 32.56 | 25.87 | 20.37 |
Key Performance Indicator (KPI)
The market cap. of Msafe Equipments Ltd. IPO is ₹250.92 Crores.
KPI as of Mon, Mar 31, 2025.
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 33.98% | 67.97% |
| ROCE | 21.21% | 34.56% |
| Debt/Equity | – | – |
| RoNW | 29.05% | 50.73% |
| PAT Margin | 21.42% | 18.24% |
| EBITDA Margin | 39.20% | 36.55% |
| Price to Book Value | 5.44 | 7.67 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 8.13 | 10.29 |
| P/E (x) | 15.12 | 11.95 |
| Promoter Holding | 100% | 73.53% |
Msafe Equipments Ltd. IPO Objectives
| Objects of the Issue | Expected Amount (₹ in cr.) |
|---|---|
| Funding working capital requirements of the company | 32.26 |
| Funding of Capital expenditure for manufacturing of equipments for Rental purpose. | 6.00 |
| Funding working capital requirements of our company | 8.00 |
| General corporate purposes |
Msafe Equipments Ltd. IPO Contact Details
- Msafe Equipments Ltd.
- F-311, 3rd Floor
- Aditya Arcade Plot No. 30
- Community Center, Preet Vihar, East Delh
- New Delhi, New Delhi, 110092
- +91-88822 07104
- info@msafegroup.com
- Website: http://www.msafegroup.com
Msafe Equipments Ltd. IPO Registrar
Maashitla Securities Pvt.Ltd.
| Details | Descriptions |
|---|---|
| Phone: | +91-11-45121795-96 |
| Email: | investor.po@maashitla.com |
| Website: | https://maashitla.com/allotment-status/public-issues |
Msafe Equipments Ltd. IPO FAQs
When Msafe Equipments Ltd. IPO become available?
The IPO will open on Wed, Jan 28, 2026.
What is the minimum lot size for the Msafe Equipments Ltd. IPO?
The minimum lot size is 1000 shares.
When will the shares for the Msafe Equipments Ltd. IPO be allotted?
The allotment is expected to be finalized on Mon, Feb 2, 2026.
What is the expected listing date for the Msafe Equipments Ltd. IPO?
The tentative listing date is Wed, Feb 4, 2026.
How can I apply for the Msafe Equipments IPO?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
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