
Industrial Goods · NSE
Founded in 1976, Safe Enterprises Retail Fixtures Limited specializes in designing, manufacturing, supplying, and installing shop fittings and retail fixtures. They offer customized solutions for various retail sectors, including fashion, electronics, grocery, and luxury stores. Their services cover the entire process—from design to installation—helping retailers address challenges related to product display, placement, storage, and safety. Some of their notable clients include Zudio and Westside for fashion fixtures, Godrej Nature’s Basket for custom shelving, and Reliance Retail and Future Group for hypermarket installations. Their product range includes modular gondola shelving for supermarkets, ergonomic checkout counters, customizable display racks for different product categories, mannequins and visual merchandising displays for improved store aesthetics, and high-capacity backroom storage fixtures. They also provide personalized fixture designs and creative retail solutions to meet evolving market trends. The company operates three manufacturing units—two in Mumbai and one in Thane, Maharashtra. They also have two franchisees in Navi Mumbai and Hyderabad, along with distributors in Dubai and Kansas City. Safe Enterprises sells its products across more than 25 Indian states and union territories, with Maharashtra being the largest contributor to revenue, followed by Karnataka and Gujarat. As of October 31, 2024, the design team included 15 employees.
Price Band
₹131 – ₹138
Issue Size
₹161 Cr
Lot Size
1000 shares
GMP
+5.1%
Est. Listing
₹145
at current GMP
Subscribed
14.70x
overall
Open
20 Jun 2025
Close
24 Jun 2025
Allotment
25 Jun 2025
Refund
26 Jun 2025
Demat Credit
27 Jun 2025
Listing
27 Jun 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹138
Band: ₹131 – ₹138
Estimated Listing Price
₹145
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,38,000
Estimated Profit / Lot
₹7,000
1000 × ₹7
Grey Market Premium trend
+₹7
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹7 | 5.1% | ₹145 |
| 30 Oct 2026 | +₹7 | 5.1% | ₹145 |
| 29 Oct 2026 | +₹6 | 4.6% | ₹144 |
GMP is unofficial market data. Not a guarantee of listing performance.
Safe Enterprises Retail Fixtures Limited is bringing an initial public offering (IPO) in the Industrial Goods sector with an aggregate issue size of ₹161.13 Crores. The shares are offered at a price band of ₹131 to ₹138 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-06-24, the basis of allotment is scheduled to be finalized on 2025-06-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
The latest grey market premium for Safe Enterprises Retail Fixtures Limited IPO is ₹7, which indicates an expected listing price of ₹145.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
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.