{"id":60793,"date":"2026-02-04T12:37:57","date_gmt":"2026-02-04T07:07:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=60793"},"modified":"2026-02-04T12:38:00","modified_gmt":"2026-02-04T07:08:00","slug":"msafe-equipments-ipo-listing","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/msafe-equipments-ipo-listing\/","title":{"rendered":"Msafe Equipments IPO Listing at 22.93% Premium at \u20b9123 Per Share\u00a0"},"content":{"rendered":"<p><strong>Msafe Equipments IPO Listing Today: <\/strong>The Msafe Equipments IPO was subscribed 166.72 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received 117.97 times, and non-institutional investors (NIIs) received 308.23 times. The retail quota of the issue was subscribed to 33.07%. Before delving deeper into the topic, go through the details of the Msafe Equipments IPO.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/msafe-equipments-ipo-listing\/#Msafe_Equipments_IPO\" title=\"Msafe Equipments IPO\">Msafe Equipments IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/msafe-equipments-ipo-listing\/#Msafe_Equipments_IPO_Listing\" title=\"Msafe Equipments IPO Listing\">Msafe Equipments IPO Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/msafe-equipments-ipo-listing\/#About_the_Msafe_Equipments_IPO\" title=\"About the Msafe Equipments IPO\">About the Msafe Equipments IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/msafe-equipments-ipo-listing\/#Msafe_Equipments_Limited_Financials\" title=\"Msafe Equipments Limited Financials\">Msafe Equipments Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/msafe-equipments-ipo-listing\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/msafe-equipments-ipo-listing\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Msafe_Equipments_IPO\"><\/span><strong>Msafe Equipments IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>It is a bookbuilding IPO of \u20b966.42 crore, comprising an entirely fresh issue of 0.19 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 4th February 2026. The Msafe Equipments IPO date is scheduled for 28th January 2026 to 30th January 2026. The face value of Msafe Equipments shares stands at \u20b910 per share, and the IPO Issue price band is set at \u20b9116 to \u20b9123 per share<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>2nd February 2026<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>28th January 2026<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>30th January 2026<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>3rd February 2026<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>54,00,000 shares(agg. up to \u20b966 Cr)<\/td><\/tr><tr><td><strong>Fresh Issue&nbsp;<\/strong><\/td><td>41,02,000 shares(agg. up to \u20b950 Cr)<\/td><\/tr><tr><td><strong>Offer for Sale&nbsp;<\/strong><\/td><td>10,00,000 shares of \u20b910(agg. up to \u20b912 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>2,000 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b9116 to \u20b9123 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>BSE SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>4th February 2026<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Msafe_Equipments_IPO_Listing\"><\/span><strong>Msafe Equipments IPO Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>On the BSE &amp; SME platforms, Msafe Equipments shares are listed at \u20b9151.20 per share, reflecting a 2.93% premium over the issue price of \u20b9123 per share.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_the_Msafe_Equipments_IPO\"><\/span><strong>About the Msafe Equipments IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Msafe Equipments Limited was incorporated in the year 2019. Msafe Equipments Limited is involved in the business of manufacturing, sale, and rental of access and height safety equipment for safe working at heights. The company&#8217;s product offerings include aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders, and fibre-reinforced plastic (FRP) ladders, which are designed to meet operational and safety requirements in the context of construction, maintenance, installation, repair, and development of infrastructure. The Company has three manufacturing units located in Greater Noida, Uttar Pradesh, and 17 warehouses spread across various states, including Maharashtra, Karnataka, Tamil Nadu, Gujarat, Punjab, and West Bengal. These units facilitate efficient storage, dispatch, and collection of products for both sales and rental purposes. During Fiscal 2025, the Company supplied products to 22 States and 3 Union Territories, meeting the varied demands of clients in the areas of construction, HVAC, MEP, electrical jobs, fire safety, interiors, and warehousing.<\/p><p>As of December 31, 2025, the Company had 350 permanent employees and 66 contractual employees.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Msafe_Equipments_Limited_Financials\"><\/span><strong>Msafe Equipments Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for the<strong> Msafe Equipments IPO. <\/strong>See the table for Msafe Equipments Limited&#8217;s financials.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>30th Sep 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>87.67<\/td><td>73.59<\/td><td>48.19<\/td><td>33.59<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>49.07<\/td><td>71.62<\/td><td>48.34<\/td><td>29.71<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>10.50<\/td><td>13.01<\/td><td>6.55<\/td><td>3.65<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>19.21<\/td><td>26.08<\/td><td>15.12<\/td><td>9.19<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>36.15<\/td><td>25.65<\/td><td>12.64<\/td><td>6.09<\/td><\/tr><tr><td><strong>Reserves and Surplus<\/strong><\/td><td>20.15<\/td><td>24.65<\/td><td>11.64<\/td><td>5.09<\/td><\/tr><tr><td><strong>Total Borrowings<\/strong><\/td><td>37.67<\/td><td>32.56<\/td><td>25.87<\/td><td>20.37<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Msafe Equipments Limited&#8217;s revenue increased by 48.15% from \u20b948.34 crores in March 2024 to \u20b971.62 crores in March 2025. Moreover, the company&#8217;s PAT increased by 98.62% from \u20b96.55 crores in March 2024 to \u20b913.01 crores in March 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/accretion-nutraveda-ipo-listing\">Accretion Nutraveda IPO Listing at 48% Premium at \u20b9191 Per Share \u2014 Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/ckk-retail-mart-ipo-allotment-status\">CKK Retail Mart IPO Allotment Status: 0.92x Subscribed, GMP Flat \u2014 Check Online<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/biopol-chemicals-ipo-review\">Biopol Chemicals IPO Review 2026: GMP Steady, Key Investor Insights<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/pan-hr-solutions-ipo-review\">PAN HR Solutions IPO Review 2026: GMP Steady, Key Investor Insights<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/kasturi-metal-ipo-listing-today\">Kasturi Metal IPO Listing Today: IPO Flat at \u20b964, Subscribed 17.75x<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Msafe Equipments IPO Listing Today: The Msafe Equipments IPO was subscribed 166.72 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received 117.97 times, and non-institutional investors (NIIs) received 308.23 times. The retail quota of the issue was subscribed to 33.07%. Before delving deeper into the topic, go through the<\/p>\n","protected":false},"author":28,"featured_media":60794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1015,3808],"class_list":["post-60793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo","tag-ipo-listing"],"metadata":{"_edit_lock":["1770188883:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["70"],"rank_math_title":["Msafe Equipments IPO Listing Today; Check Share Price in 2026"],"rank_math_description":["Msafe Equipments IPO Listing at \u20b9151.20 at a premium of 22.93% against the IPO price of \u20b9123 per share. What should be your next move on the Msafe Equipments IPO? 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