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Msafe Equipments

Msafe Equipments

Open Date

28 Jan 2026

Close Date

30 Jan 2026

listed

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

About Msafe Equipments

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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21.5(+17.00%)GMP
17.48%Prediction Listing Gain

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%

1

Funds for new manufacturing unit

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

59.74%
2

Capex for manufacturing of equipment

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

11.11%
3

Working capital

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

14.81%
4

General corporate purposes

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

14.34%

IPO Subscription Status

Retails
131.52x
QIB
1.83x
NII
301.40x

Financials of Msafe Equipments

In Cr.

Revenue: ₹71.62

EBITDA: ₹26.08

Profit: ₹13.01

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue71.6248.3429.71
EBITDA26.0815.129.19
Expenses
Profit After Tax13.016.553.65
Assets73.5948.1933.54
Net Worth25.6512.646.09
Reserves24.6511.645.09
Borrowing32.5625.8720.37

Contact Details

Msafe Equipments

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

Msafe Equipments IPO - FAQs

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.

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