Safety Controls & Devices Limited
ListedSMECapital Goods · BSE
Incorporated in June 2015, Safety Controls and Devices Limited is engaged in providing EPC (Engineering, Procurement and Construction) services with a focus on substations, solar power plants, firefighting systems, and hospital projects for the Ministry of Ayush. Headquartered in Lucknow, Uttar Pradesh, the company primarily serves government bodies, power utilities, and renewable energy developers, and has executed multiple turnkey projects while currently operating 19 substations. Its operations span the entire project lifecycle—from engineering and procurement to construction and execution—ensuring end-to-end project delivery. The company is ISO 9001:2015 certified and follows a centralized approach for procurement, workforce management, and execution. As of September 30, 2025, it had 75 permanent employees, and it plans to utilize IPO proceeds for debt repayment, working capital requirements, and general corporate purposes.
Price Band
₹75 – ₹80
Issue Size
₹600.00 L Cr
Lot Size
1600 shares
GMP
—
Est. Listing
₹80
at current GMP
Subscribed
1.35x
overall
Open
6 Apr 2026
Close
8 Apr 2026
Allotment
9 Apr 2026
Refund
10 Apr 2026
Demat Credit
11 Apr 2026
Listing
13 Apr 2026
Last updated 4 days ago
Overall Subscription
1.35x
Total Demand
QIB Multiplier
1.31x
Institutions & Funds
NII / HNI
2.80x
High Net-Worth
Retail (RII)
0.76x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,200,000 | 1,576,000 | 1.31x |
| NIB | 864,000 | 2,422,400 | 2.80x |
| HNIs(10L +) | 576,000 | 2,246,400 | 3.90x |
| HNIs (2-10L) | 288,000 | 176,000 | 0.61x |
| RETAIL | 2,048,000 | 1,561,600 | 0.76x |
| Total | 4,976,000 | 7,982,400 | 1.35x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 7 | 0.00x |
| NIB | — | 140 | 0.00x |
| RETAIL | 640 | 488 | 0.76x |
| HNIs(10L +) | 120 | 105 | 0.88x |
| HNIs (2-10L) | 60 | 35 | 0.58x |
| Total Applications | 820 | 775 | 0.95x |
Day-Wise Subscription Progress
About Safety Controls & Devices Limited Public Issue & Market Profile
Safety Controls & Devices Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹60,00,000 Crores. The shares are offered at a price band of ₹75 to ₹80 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
Following the close of bidding on 2026-04-08, the basis of allotment is scheduled to be finalized on 2026-04-09. 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.
Frequently Asked Questions
What is the issue size and price band for Safety Controls & Devices Limited IPO?
The Safety Controls & Devices Limited IPO aggregate issue size is ₹60,00,000 Crores with an equity price band set at ₹75 to ₹80 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,28,000.
How can I check Safety Controls & Devices Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Safety Controls & Devices Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2026-04-09.