
Safety Controls & Devices IPO Review 2026: GMP Flat, Key Investor Insights
Tue Mar 31 2026

Safety Controls and Devices IPO is open for bidding from 6th April 2026 to 8th April 2026. It is a bookbuilding issue IPO of ₹48.00 crore, which is an entirely fresh issue of 0.60 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 13th April 2026.
Safety Controls & Devices IPO Details
The Safety Controls & Devices IPO date is scheduled from 6th April 2026 to 8th April 2026. The face value of Safety Controls & Devices shares stands at ₹10 per share, and the IPO Issue price band is set at ₹75 to ₹80 per share
Maashitla Securities Private Limited is the registrar of the Safety Controls & Devices IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
| IPO Allotment Date | 9th April 2026 |
| IPO Open Date | 6th April 2026 |
| IPO Close Date | 8th April 2026 |
| Refund Initiation | 10th April 2026 |
| Issue Size | 60,00,000 shares(agg. up to ₹48 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 1,600 Shares |
| Issue Price | ₹75 to ₹80 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & SME |
| Listing Date | 13th April 2026 |
Safety Controls & Devices IPO Share Reservation
Safety Controls & Devices IPO is a bookbuilding issue of 0.60 crore shares, worth ₹48.00 crore. Safety Controls & Devices IPO Limited shares will be listed on the BSE and the SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Shares Offered | % Shares Offered |
| QIB Shares Offered | 15,12,000 | 46.67% |
| NII Shares Offered | 8,64,000 | 15.17% |
| Retail Shares Offered | 10,92,000 | 33.70% |
| Total Shares Offered | 32,40,000 | 100.00% |
Safety Controls & Devices IPO GMP Grey Market Premium
GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Safety Controls & Devices IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 6-4-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
| 5-4-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
| 4-4-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
| 3-4-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
| 2-4-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
| 1-4-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
| 31-3-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
| 30-3-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
| 29-3-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
| 28-3-2026 | ₹80.00 | ₹0.00 | ₹80.00 | 0.00% |
As of 6th April 2026, the Safety Controls & Devices IPO GMP stands at ₹0 per share, indicating the share will likely list at ₹80.00 on its tentative listing date, 13th April 2026.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Safety Controls & Devices IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.
Safety Controls & Devices IPO GMP Review

Check out the detailed Safety Controls & Devices GMP IPO review for a thorough understanding of its potential to report listing gains on 13th April 2026. The Safety Controls & Devices IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Safety Controls & Devices IPO.
Safety Controls & Devices Limited’s revenue increased by 55%, from ₹4.01 crore in March 2024 to ₹8.99 crore in March 2025. Moreover, the company’s PAT increased by 9% from ₹4.01 crore in March 2024 to ₹8.99 crore in March 2025.
Safety Controls & Devices’ IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Safety Controls & Devices IPO, with its tentative listing day set for 13th April 2026.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Safety Controls & Devices IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | – |
| EPS (Earnings Per Share) | – |
| RoNW | 15.65% |
| ROCE | 33.73% |
| ROE | 21.17% |
| EBITDA Margin | 24.04% |
| Price to Book Value | 2.03 |
| Market Capitalisation | – |
The P/E ratio of Safety Controls & Devices Limited shares is [.], and its Earnings Per Share (EPS) stands at [.]. Thus, the Safety Controls & Devices IPO can deliver gains on its tentative listing date, 13th April 2026.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Safety Controls & Devices Limited may change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | – | – |
| EPS | – | – |
Safety Controls & Devices IPO Subscription Status
The Safety Controls & Devices IPO will open for bidding on 6th April 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Safety Controls & Devices IPO Subscription Status.
| Investor Categories | Shares Offered | Shares Subscribed | Subscription to the Times |
| QIB Shares Offered | 27,84,000 | Yet to be announced | Yet to be announced |
| NII (HNI) Shares Offered | 8,64,000 | Yet to be announced | Yet to be announced |
| Retail Shares Offered | 20,48,000 | Yet to be announced | Yet to be announced |
| Total Shares Offered | 60,00,000 | Yet to be announced | Yet to be announced |
About Safety Controls & Devices Limited

Safety Controls & Devices Limited is a company incorporated in India in 2015, with its registered office in Lucknow, Uttar Pradesh. The company specialises in the fire safety and electrical equipment business. Their products include fire extinguishers, hydrant systems, smoke detectors, and alarm systems, among other electrical safety solutions. Apart from the manufacture of safety devices, the company also undertakes electrical and infrastructure projects, mainly in the power and energy sector. The company serves a wide range of industries, construction, and commercial establishments. The company benefits from the rising need for safety solutions and the development of infrastructure in India. Being in the safety solutions business, the company has carved a niche for itself in the ever-expanding market.
Safety Controls & Devices Limited Financials
The company’s financial analysis is essential before applying for the Safety Controls & Devices IPO. See the table for Safety Controls & Devices Limited’s financials.
| Year Ended | 31st January 2026 (in cr) | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 |
| Assets | 164.41 | 120.28 | 74.99 | 66.36 |
| Total Income | 68.51 | 103.50 | 45.70 | 49.26 |
| Profit After Tax | 8.52 | 8.99 | 4.01 | 0.43 |
| EBITDA | 16.21 | 17.27 | 8.27 | 2.63 |
| Net Worth | 54.47 | 42.17 | 17.48 | 12.47 |
| Reserves and Surplus | 40.64 | 28.87 | 6.98 | 2.97 |
| Total Borrowings | 39.18 | 33.84 | 29.79 | 18.52 |
Explanation
Safety Controls & Devices Limited’s revenue increased by 15%, from ₹5.38 crore in March 2024 to ₹20.06 crore in March 2025. Moreover, the company’s PAT increased by 3.5% from ₹0.84 crore in March 2024 to ₹4.22 crore in March 2025.
Safety Controls & Devices Limited IPO Promoter Holdings
| Shareholding Pre-Issue | 68% |
| Shareholding Post-Issue | – |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.
Aim of the Safety Controls & Devices IPO
The primary aim of the Safety Controls & Devices IPO is to raise ₹130.54 crores. On the other hand, Emiac Technology has decided to utilise these funds in different ways and explore some of the secondary objectives:
- To Repayment/prepayment, in part or in full, of certain of the borrowings
- To fund the working Capital Requirements of the Company
- To meet general corporate purposes
Should I Invest in the Safety Controls & Devices IPO?
Explore the pros and cons of Safety Controls & Devices to decide whether to apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades.
Pros of the Safety Controls & Devices IPO
- Strong revenue and profit growth indicate rapid business growth
- High EBITDA and PAT margins indicate high business efficiency
- Excellent ROE and ROCE indicate high business capital efficiency
- Being debt-free is a great advantage for the company
- The company is in a high-growth business of technology and AI
- Being a scalable business with high future potential
Cons of the Safety Controls & Devices IPO
- Small scale of operations with a limited revenue base
- SME IPO with relatively lower liquidity and higher risk
- Limited operating history, sustainability concerns
- IPO proceeds mainly for working capital requirements and not for major expansion plans
- Difficulty in sustaining a high growth rate in the long term
- Valuation concerns due to limited peer group comparison
How to Apply for the Safety Controls & Devices IPO?

Check the steps mentioned below to apply for Safety Controls & Devices Ltd.
- Step 1: Conduct thorough research on the Safety Controls & Devices IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for 2 lots of 3,200 shares worth ₹2,56,000.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Safety Controls & Devices IPO across multiple demat accounts to increase your chances of allotment.
How to Check the IPO Allotment Status of Safety Controls & Devices?
You can check for the Safety Controls & Devices IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.
Check On BSE
- Visit the BSE Official Site
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Safety Controls & Devices IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Safety Controls & Devices IPO allotment status.
Let’s Wrap
Safety Controls & Devices IPO is a book-building issue of shares worth ₹48.00 crore. The shares of Safety Controls & Devices Limited will be listed on the BSE and SME on its tentative listing date of 13th April 2026. Researching the Safety Controls & Devices IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Safety Controls & Devices IPO
How is the Safety Controls & Devices IPO?
Currently, on 1st April 2026, the Safety Controls & Devices GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹80.00 per share. It is a book-building IPO of ₹48.00 per share. The face value of each Safety Controls & Devices share is ₹10.
What is the Safety Controls & Devices IPO price?
The Safety Controls & Devices IPO issue price band is set at ₹75 to ₹80 per share.
Is the Safety Controls & Devices IPO a good investment?
Safety Controls & Devices Limited’s revenue increased by 15%, from ₹5.38 crore in March 2024 to ₹20.06 crore in March 2025. Moreover, the company’s PAT increased by 3.5% from ₹0.84 crore in March 2024 to ₹4.22 crore in March 2025.
Who is the registrar of the Safety Controls & Devices IPO?
Maashitla Securities Private Limited is the registrar for the Safety Controls & Devices IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Safety Controls & Devices allotment and refund, you can contact Maashitla Securities Private Limited at ipo@maashitla.com or +91-11-45121795-96.
What is the issue size of the Safety Controls & Devices IPO?
Safety Controls & Devices IPO is a bookbuilding IPO of ₹48.00 crores. Moreover, the IPO is set to open on 6th April 2026 and close on 8th April 2026.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Safety Controls & Devices IPO, download the Safety Controls & Devices IPO RHP and Safety Controls & Devices IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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