Safecure Services Limited
Fixed Price IPO · BSE
- Price band
- ₹102 - ₹102
- Lot size
- 1,200 shares
- Issue amount
- ₹30.6 cr
- Total subscription
- 1.87×
- Opens
- 29 Oct 2025
- Closes
- 31 Oct 2025
- Allotment
- 3 Nov 2025
- Listing
- 6 Nov 2025
Offer at a glance
Issue overview
- Issue size
- 30,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,22,400
- Fresh issue
- ₹30.6 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,22,400
- Issue type
- Fixed Price IPO
- Shares before issue
- 70,40,000
- Shares after issue
- 1,00,40,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,44,800 |
| HNI | 3 | 3,600 | ₹3,67,200 |
Share reservation
Subscription & GMP
Subscription by category
Reported 31 Oct 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| NIB | 0 | 87 |
| RETAIL | 594 | 644 |
| HNIs (2-10L) | 396 | 36 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 14.54 | 48.08 |
| NIB | 14.53 | 6.17 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 0 | 0 | 0 |
| ROE | 28.86 | 38.5 | 42.83 |
| ROCE | 22.48 | 28.34 | 30.41 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 11.89 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Safecure Services Limited | 11.89 | 0 | 10.00 | 29.73 | 28.86 | 8.58 |
| Sis Limited | 405.3 | 0 | 5.00 | 166.79 | 0.49 | 0.82 |
| Krystal Integrated Services Limited | 13.38 | 0 | 10.00 | 312.92 | 14.34 | 44.61 |
Company information
Company profile
Safecure Services Limited, incorporated in 2012, is a leading security and facility management company in India offering services such as private security, e-surveillance, facility management, and corporate interior fit-outs. With its headquarters in Mira Road, Thane, and 12 offices across 12 districts, the company delivers customized and high-quality services to clients nationwide. Its clientele includes private and public sector organizations, financial institutions, multinational corporations, and various industries. Safecure follows a standardized recruitment and training policy to maintain service excellence and professionalism. Its service portfolio includes manned guarding, event and ATM management, technology-backed security, e-surveillance and alarm monitoring for banks and ATMs, repair and maintenance of ATMs, housekeeping, business support services, and interior fit-out work for corporates. As of October 31, 2024, the company employed 1,834 staff members managing daily operations.
Strengths
- Strong Pan-India Presence: Headquartered in Thane with offices across 12 districts, enabling efficient and customized service delivery nationwide.
- Diverse Customer Base: Serves clients across sectors like banking, hospitality, education, and logistics, reducing dependence on any single segment.
- Skilled Workforce: Standardized recruitment and training ensure a reliable, well-trained team that maintains consistent service quality across operations.
Risk factors
- Operational Risks: As a manpower-intensive business, on-site issues or mismanagement can affect overall performance.
- Rising Employee Costs: Higher staff expenses that can’t be transferred to clients may reduce profitability.
- Manpower Dependency: Difficulty in hiring or retaining skilled workers could disrupt operations and limit growth.
Promoters
Shailendra Mahesh Pandey
Registrar & documents
Lead manager
Sun Capital Advisory Services (P) Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No. 5, 5th Floor, Building No 6 Old 9,12,14 News No 62, 66, 69, Opp Pleasant Park, Mira Road, Behind Jhankar Thane, Maharashtra, 401107
+91 99678 81047
[email protected]Company website ↗Understanding SAFECURE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.