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Safety Controls
Price Band
₹75.0–80.0
Issue Size
₹48.0 Cr
Lot Size
1,600 shares
Min Investment
₹256,000
GMP
+₹0.0 (0.0%)
Issue Price
₹80.0
calendar_month Important Dates
bar_chart Subscription Status
Subscription data unavailable
trending_up Grey Market Premium (GMP)
GMP
₹0.0
GMP %
0.0%
Est. Listing
₹80.0
schedule Updated: 14 Jul 2026 15:52
Share GMP:
business About the Company
Incorporated in June 2015, Safety Controls and Devices Limited specialises in EPC (Engineering, Procurement, and Construction), focusing on substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, we operate as an engineering enterprise. The company primarily caters to government entities and undertakings, constituting a significant portion of its customer base. This includes various state and central government power utilities, private power entities, and renewable energy developers. The company operates 19 substations and is expanding into utility-scale solar and electric vehicle charging stations. The company has completed turnkey projects for 30 years. The company is AOC Middle East LLC certified: ISO 9001:2015. As of September 30, 2025, the company had 75 Permanent employees. Competitive Strength Well-established association with Government entities Good relationship with Original Equipment Manufacturers (OEMs) and suppliers. Operates with a centralized approach for decisions like raw material procurement, workforce deployment, project scope, and execution. Experienced Leadership and an efficient management team.
payments Company Financials (₹ Cr)
As of 2026-01-31
| Period Ended | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 164.41 | 120.28 | 74.99 | 66.36 |
| Total Income | 68.51 | 103.50 | 45.70 | 49.26 |
| Profit After Tax | 8.52 | 8.99 | 4.01 | 0.43 |
| EBITDA | 16.21 | 17.27 | 8.27 | 2.63 |
| NET Worth | 54.47 | 42.17 | 17.48 | 12.47 |
| Reserves and Surplus | 40.64 | 28.87 | 6.98 | 2.97 |
| Total Borrowing | 39.18 | 33.84 | 29.79 | 18.52 |
Key Ratios
EPS
₹6.50
NAV
₹31.70
ROE
30.14%
ROCE
37.39%
RoNW
21.32%
P/B Value
2.52
P/E Ratio
12.3
Market Cap
₹158.62 Cr
PAT Margin
8.77%
Debt/Equity
0.80
Promoters
Rajnish Chopra, Anjali Chopra and Abhishek Chopra
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment/prepayment, in part or full of certain of the borrowings 6.00 2 Funding the working capital requirements of the Company 31.50 3 General Corporate Purposes 4.74 4 Issue Expenses 5.76 Total 48.00
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
06 Apr 2026
Close
08 Apr 2026
Allotment
09 Apr 2026
Listing
13 Apr 2026