Safa Systems & Technologies Limited
ListedSMEInformation Technology · BSE
Safa Systems & Technologies, established in 2012, is a B2B distributor of consumer durables, including mobile phones, tablets, LED TVs, home appliances, wearable devices, and accessories for brands like Xiaomi, OPPO, TECNO, Micromax, and One Plus in Kerala. The company adheres to strict quality standards and is ISO 9001:2015 certified. As part of its expansion plans, Safa Systems & Technologies recently opened an office in Mumbai to strengthen its presence in other regions of India.
Price Band
₹10
Issue Size
₹4.00 Cr
Lot Size
10000 shares
GMP
—
Est. Listing
₹10
at current GMP
Subscribed
—
Open
28 Jan 2022
Close
1 Feb 2022
Allotment
4 Feb 2022
Refund
5 Feb 2022
Demat Credit
6 Feb 2022
Listing
9 Feb 2022
Last updated 12 days ago
Live Grey Market Premium
Safa Systems & Technologies Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹00.0%
Issue Price (Upper)
₹10
Band: ₹10
Estimated Listing Price
₹10
Upper price + GMP
Lot Size
10000 shares
Min investment ₹1,00,000
Estimated Profit / Lot
₹0
10000 × ₹0
Safa Systems & Technologies Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹10 |
| 30 Oct 2026 | — | 0.0% | ₹10 |
| 29 Oct 2026 | — | 0.0% | ₹10 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Safa Systems & Technologies Limited Public Issue & Market Profile
Safa Systems & Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹10 to ₹10 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 10000 shares (approx. ₹1,00,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-02-06, while un-allotted funds or UPI block mandates will be released on 2022-02-05.
Frequently Asked Questions
What is Safa Systems & Technologies Limited IPO GMP today?
The latest grey market premium for Safa Systems & Technologies Limited IPO is ₹0, which indicates an expected listing price of ₹10.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.