IPO market

Msafe Equipments 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.
Price band and lot size for Msafe Equipments IPO. Price band is ₹116 to ₹123 per share. Face value is ₹10 per share. Lot size is 1000 shares. Minimum retail investment from ₹2.46 L.
| 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 |
Pre-filled: Issue Price = ₹123, Lot Size = 1,000 shares, Listing Price = ₹144
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,46,000 | ₹144 | +₹42,000 |
| S-HNI (Min) | 3 | ₹3,69,000 | ₹144 | +₹63,000 |
| S-HNI (UPI) | 4 | ₹4,92,000 | ₹144 | +₹84,000 |
| S-HNI (Max) | 8 | ₹9,84,000 | ₹144 | +₹1,68,000 |
| B-HNI (Min) | 9 | ₹11,07,000 | ₹144 | +₹1,89,000 |
Profit based on the official listing price for each investor category.
Price band, lot size, and minimum investment—explained.