Gainers & Losers

YOU ARE ON :
  • HOME /
  • IPO /
  • IPO ISSUES /
  • IPO-SYNOPSIS

Safety Controls & Devices Ltd

Registered Office: C-43/28/1 Nawal Kishore Road,Hazratganj, Lucknow - 226001, Uttar Pradesh, India.
Phone : +91 052240 26070   Fax:
Email :  cs@safetygroup.in  
Website :  www.safetygroup.in

Public issue of up to 60,00,000 equity shares of face value Rs. 10/- each ("Equity Shares") of Safety Controls & Devices Limited ("the Company" or the "Issuer" or "SCDL") for cash at a price of Rs. 80 per equity share (including a securities premium of Rs. 70 per equity share) ("Issue Price"), aggregating up to Rs.48 Crores (the "Issue"). Up to 3,04,000 equity shares aggregating to Rs. 2.43 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 56,96,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 80 per equity share aggregating to Rs. 45.57 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.26% and 28.73% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 75/- to Rs. 80/- per equity share of face value of Rs. 10/- each. The floor price is 7.5 times the face value and cap price is 8.0 times the face value of the equity. Bids can be made for a minimum of 2 lots and in multiples of 1600 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
06-Apr-26 08-Apr-26 75.00-80.00 0.00-0.00
Minimum Application for shares in Nos : 3200   Further Multiples of : 1600
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Sobhagya Capital Options Pvt Ltd
Project Financed through Current Offer 45.00  
Post Issue Equity Share Capital 19.83  
Issue Price 75.00  

Project

  • Funding the capital exp requirements of the company by purchase of equipment and machinery
  • Repayment/prepayment in part or full of certain of its borrowings
  • Funding the working capital requirements of the company
  • General corporate purposes

Promoted By

Rajnish Chopra

Anjali Chopra

Abhishek Chopra

Listing At

BSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.