
Msafe Equipments Limited IPO
Msafe Equipments Limited IPO is a SME fixed price IPO. Issue size is 66 Cr. Price band is ₹116 to ₹123 per share. Minimum investment is ₹2.46 L. Lot size is 1000 shares. Open from 28 Jan 2026 to 30 Jan 2026. Allotment on 2 Feb 2026. Listing on 4 Feb 2026 at BSE. Managed by Seren Capital Pvt.Ltd.. Registrar: Maashitla Securities Private Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Msafe Equipments Limited IPO overview
Msafe Equipments Limited IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Msafe Equipments Limited IPO important dates
Msafe Equipments Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,46,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,69,000 |
| S-HNI (UPI) | 4 | 4,000 | ₹4,92,000 |
| S-HNI (Max) | 8 | 8,000 | ₹9,84,000 |
| B-HNI (Min) | 9 | 9,000 | ₹11,07,000 |
About Msafe Equipments Limited IPO
From the company / RHP narrative.
Its product portfolio includes aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders, and fibre reinforced plastic (FRP) ladders, catering to operational and safety needs across construction, maintenance, installation, repair, and infrastructure development activities.
The Company operates three manufacturing facilities in Greater Noida, Uttar Pradesh, supported by a network of 17 warehouses across multiple states including Maharashtra, Karnataka, Tamil Nadu, Gujarat, Punjab, and West Bengal. These facilities enable efficient storage, dispatch, and collection of products for both sales and rentals.
During Fiscal 2025, Msafe supplied products across 22 States and 3 Union Territories, serving diverse client requirements in sectors such as construction, HVAC, MEP, electrical works, fire safety, interiors, and warehousing.
As of December 31, 2025, the Company employed 350 permanent staff and 66 contractual employees, ensuring operational efficiency and nationwide reach.
Objective of the issue
How the issuer plans to use IPO proceeds.
Funding of Capital expenditure for manufacturing of equipments for Rental purpose.
Utilization towards working capital requirements.
General corporate purposes
Documents & links
Prospectus, draft filings, and company site open in a new tab.
Registrar
Details about the registrar of the issue.
Issue details
Key details about the issue, including the face value, lot size, and minimum investment.
Related articles
Research posts and updates that reference this company or theme.
Follow IPO & unlisted research in the app, available on iOS and Android.