Archive · 19 Jun 2025
Safe Enterprises Retail Fixtures Launches ₹169.74 Crore IPO
Safe Enterprises, a company that makes shop fittings, is selling shares to the public in an IPO.
They're hoping to raise about ₹169.74 crore.
This money will help them build a new factory, invest in a subsidiary, and have enough money for day-to-day operations.
The company, which started in 1976, makes customized fixtures for shops and has shown good financial growth.
This industry is expected to grow a lot in the coming years, with an increased demand for shop interior solutions across the country.
Safe Enterprises Retail Fixtures Limited launched an IPO on the NSE Emerge platform.
The IPO opens June 20, 2025, and closes June 24, 2025, at ₹131-₹138 per share.
The company seeks to raise ₹169.74 crore through the sale of 1,23,00,000 shares.
Funds will be used for capital expenditure, manufacturing development, and working capital.
The company, founded in 1976, manufactures retail shop fittings and fixtures.
- Who
- Safe Enterprises Retail Fixtures Limited, a retail fixture manufacturer.
- What
- Safe Enterprises Retail Fixtures Limited launched an IPO to raise ₹169.74 crore.
- When
- The IPO opens June 20, 2025, and closes June 24, 2025.
- Where
- The company is based in Navi Mumbai.
- Why
- To fund capital expenditure, manufacturing development, and working capital.
- IPO Amount
- ₹169.74 crore
- Opening Date
- June 20, 2025
- Closing Date
- June 24, 2025
- Share Price
- ₹131 to ₹138
- Face Value
- ₹5 per share
- Revenue (FY25)
- ₹13,831.31 lakhs
- Net Profit (FY25)
- ₹3,918.54 lakhs