What is Msafe Equipments IPO?

Msafe Equipments IPO is a SME IPO. The issue is priced at ₹116-123 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on 28 Jan, and closes on 30 Jan. Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

When does the Msafe Equipments IPO open and close?

The Msafe Equipments IPO opens on 28 Jan and closes on 30 Jan.

Where can I check the live subscription status of the Msafe Equipments IPO?

You can track the real-time subscription numbers using the links below: https://www.iposcanner.ai/ipo/msafe-equipments-ipo?tab=subscription

What is the issue size of the Msafe Equipments IPO?

The size of Msafe Equipments IPO is Total 54,00,000 shares(aggregating up to ₹66.42 crore) : #Fresh Issue : 44,00,000 shares(aggregating up to ₹54.12 crore) + #OFS : 10,00,000 shares(aggregating up to ₹12.3 crore).

What is the price band of the Msafe Equipments IPO?

The Msafe Equipments IPO price band is set between ₹116-123 per equity share.

What is the minimum investment for the Msafe Equipments IPO?

The minimum investment for the Msafe Equipments IPO is ₹246000.

What is the allotment date of the Msafe Equipments IPO?

The share allotment date of Msafe Equipments IPO is 2 Feb.

What is the Msafe Equipments IPO listing date?

The Msafe Equipments IPO will be listed on 4 Feb.

How to check Msafe Equipments IPO allotment status online?

Follow the steps to check the Msafe Equipments IPO allotment status online here: https://www.iposcanner.ai/ipo/msafe-equipments-ipo?tab=allotment

Who is the registrar for the Msafe Equipments IPO?

The registrar for the Msafe Equipments IPO is Maashitla Securities Pvt.Ltd.. You can check your allotment status on their official website.

Msafe Equipments IPO Details, GMP, Subscription & Allotment

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About Msafe Equipments

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Incorporated in the year 2019, the company, Msafe Equipments Limited, is into the manufacturing, selling, and hiring of access, as well as height safety equipment for safe working at heights.Its product offering includes aluminum scaffoldings, mild steel (MS) scaffoldings, aluminum ladders, and fiber-reinforced plastic (FRP) ladders. Such products meet operational and qualitative demands in the context of construction, maintenance, installation, repair, and development.It has three manufacturing units at Greater Noida, Uttar Pradesh, in addition to a storage network of 17 warehouses covering various states such as Maharashtra, Karnataka, Tamil Nadu, Gujarat, Punjab, and West Bengal. These units work efficiently for storing, dispatching, or collecting the product for any sales or rental transactions.During Fiscal 2025, their products were marketed in 22 States and 3 Union Territories to meet a multitude of client requirements in areas ranging from construction to interior and storage sectors.As on June 30, 2025, the Company had 299 permanent employees and 28 contractual employees, which ensured operational efficiency and geographical reach.

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Sotefin Bharat SME	16th Jul 2026 - 20th Jul 2026	89.76 Cr	600 Shares	₹ 178.00
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See All Live IPOs

Min Investment

₹246000

Lot Size

2000 Shares

Issue Size

₹66.42 Cr

Price Range

₹116 - ₹123

Listing Date

Feb 4, 2026

IPO Doc

RHP PDF

Msafe Equipments IPO - Issue Objectives

The company will use ₹32.26 crore to set up a new manufacturing facility. The company will use ₹6 crore for the manufacturing of equipment for rental purposes. The company will use ₹8 crore for the working capital of the business Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Funds for new manufacturing unit

59.74%

Capex for manufacturing of equipment

11.11%

Working capital

14.81%

General corporate purposes

14.34%

Funds for new manufacturing unit

The company will use ₹32.26 crore to set up a new manufacturing facility.

59.74%

Capex for manufacturing of equipment

The company will use ₹6 crore for the manufacturing of equipment for rental purposes.

11.11%

Working capital

The company will use ₹8 crore for the working capital of the business

14.81%

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

14.34%

Key Performance Indicator	31-Mar-25 (In Cr.)	31-Mar-24 (In Cr.)	31-Mar-23 (In Cr.)
Revenue	71.62	48.34	29.71
EBITDA	26.08	15.12	9.19
Expenses
Profit After Tax	13.01	6.55	3.65
Assets	73.59	48.19	33.54
Net Worth	25.65	12.64	6.09
Reserves	24.65	11.64	5.09
Borrowing	32.56	25.87	20.37

Contact Details

Msafe Equipments

F-311, 3rd Floor, Aditya Arcade, Plot No. 30, Community Center, Preet Vihar, East Delhi, New Delhi, New Delhi, 110092

+918882207104

[email protected]

http://www.msafegroup.com/

Registrar Contact Details

Maashitla Securities Pvt.Ltd.

+91-11-45121795

[email protected]

https://maashitla.com/allotment-status/public-issues

About Msafe Equipments

Checklist Quality Analysis

Live IPOs

Msafe Equipments

Grey Market Premium (GMP) Trend

Msafe Equipments IPO - Issue Objectives

Funds for new manufacturing unit

Capex for manufacturing of equipment

Working capital

General corporate purposes

IPO Subscription Status

Financials of Msafe Equipments

Contact Details

Registrar Contact Details

Msafe Equipments IPO - FAQs