Msafe Equipments
04 Feb '26SME
Min. Investment
₹2,32,000
Issue size
₹66.42 Cr
GMP
Locked
Overall subscription: 153.16x
Check allotment status
Expert verdict
IPO dates
28 Jan
Opening
30 Jan
Closing
02 Feb
Allotment
04 Feb
Listing
*Refunds will be initiated on 03 Feb '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2000 | ₹2,46,000 |
Subscription (as on 31 March 2026, 02:30 PM)
Overall153.16x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2019|MD: Mr Pradeep Aggarwal
- Msafe Equipments is involved in the manufacturing, sale, and rental of access and height-safety equipment used for working at elevated locations. Incorporated in 2019, the company supplies equipment intended to support construction, maintenance, installation, repair, and infrastructure-related activities where safe vertical access is required.
- The company’s product portfolio includes aluminium scaffoldings, mild steel scaffoldings, aluminium ladders, and fibre-reinforced plastic ladders. Aluminium scaffoldings are offered in configurations such as stairway, narrow-width, extra-reach, podium, cantilever, and bridge sections. Mild steel scaffoldings are used for projects requiring higher load-bearing capacity over longer durations. Ladder offerings include A-type, straight, platform, and cage variants, with aluminium ladders used for mobility-focused tasks and FRP ladders used in electrical applications. Msafe Equipments provides these products through both direct sales and rental arrangements, with rentals available on short- and medium-term durations.
- The company serves customers across industries in India and operates its sales and rental activities nationwide.
Issue Details & Objective
Lot size
1000 Shares
Price band
₹116 to 123
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.24%
QIB - 18.83%
HNI - 14.33%
Retail - 33.07%
Download DRHP (IPO Doc)FAQs
Should I apply for the Msafe Equipments IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Msafe Equipments IPO?
The issue size of Msafe Equipments IPO is ₹66.42 Cr
What are the open and close dates for Msafe Equipments IPO?
The Msafe Equipments IPO will be open for applications from 28 Jan '26 to 30 Jan '26
What is the lot size and minimum order quantity of Msafe Equipments IPO?
The lot size of Msafe Equipments IPO is 1000 Shares and its minimum investment amount is ₹2,32,000.
What is the GMP value of Msafe Equipments IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Msafe Equipments IPO is 18.7
