Safety Controls & Devices
13 Apr '26SME
Min. Investment
₹2,40,000
Issue size
₹48 Cr
GMP
Locked
Overall subscription: 1.23x
Check allotment status
Expert verdict
IPO dates
06 Apr
Opening
08 Apr
Closing
09 Apr
Allotment
13 Apr
Listing
*Refunds will be initiated on 10 Apr '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,56,000 |
Subscription (as on 08 April 2026, 06:30 PM)
Overall1.23x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1997|MD: Mr. Rajnish Chopra
- Safety Controls & Devices Limited is Lucknow-based and operates in the engineering, procurement, and construction (EPC) segment, with activities spanning power infrastructure, renewable energy, fire protection systems, and civil construction.
- The company is primarily engaged in the design, engineering, supply, installation, testing, and commissioning of transmission substations, as well as the construction of solar power plants, firefighting systems, and hospital infrastructure projects. Its operations are largely focused on turnkey project execution across sectors such as transmission and distribution, solar energy, and public infrastructure.
- Initially focused on fire protection systems, the company has diversified over time into high-voltage substation projects, including the construction of substations up to 400 kV. It has completed multiple substation projects for government and private sector clients.
- The company primarily serves government entities, public utilities, and infrastructure-focused organisations.
Issue Details & Objective
Lot size
1600 Shares
Price band
₹75 to 80
Face value
₹10 per share
Financials
Download DRHP (IPO Doc)FAQs
Should I apply for the Safety Controls & Devices 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 Safety Controls & Devices IPO?
The issue size of Safety Controls & Devices IPO is ₹48 Cr
What are the open and close dates for Safety Controls & Devices IPO?
The Safety Controls & Devices IPO will be open for applications from 06 Apr '26 to 08 Apr '26
What is the lot size and minimum order quantity of Safety Controls & Devices IPO?
The lot size of Safety Controls & Devices IPO is 1600 Shares and its minimum investment amount is ₹2,40,000.
What is the GMP value of Safety Controls & Devices 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 Safety Controls & Devices IPO is 0
