IPO Premiums
IPO calendar
SSSAFECUREListed

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×
Current price₹24.9
Listing price ₹81.6
Watch live price ↗
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

CategoryLotsSharesAmount
RETAIL22,400₹2,44,800
HNI33,600₹3,67,200

Share reservation

HNI47.48%
RETAIL47.52%
Market Maker5%

Subscription & GMP

Subscription by category

Total subscribed1.87×

Reported 31 Oct 2025

NIB0.42×
RETAIL3.31×

GMP history

00.5127 Oct: ₹028 Oct: ₹029 Oct: ₹05 Nov: ₹0
27 Oct₹05 Nov

Day-wise demand

29 Oct1.07×
30 Oct1.4×
31 Oct1.87×

Application-wise demand

CategoryReserved applicationsApplied applications
NIB087
RETAIL594644
HNIs (2-10L)39636

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
RETAIL14.5448.08
NIB14.536.17

Financial performance

Company financials

In Crores · Reported periods may include interim results.

Revenue & profit In Crores
020406080Mar-23 · Revenue: 47.74Mar-23 · Profit after tax: 3.98Mar-23Mar-24 · Revenue: 63.06Mar-24 · Profit after tax: 5.69Mar-24Mar-25 · Revenue: 73.27Mar-25 · Profit after tax: 6.16Mar-25Jun-25 · Revenue: 18.36Jun-25 · Profit after tax: 1.99Jun-25
RevenueProfit after tax

Key performance indicators

MetricMar-25Mar-24Mar-23
EPS000
ROE28.8638.542.83
ROCE22.4828.3430.41
RONW000
PRE IPO(PE)11.8900
POST IPO(PE)000

Values and labels as reported in the issue data.

Peer comparison

CompanyP/E(X)CMP* (₹)Face value (₹)NAV/Share (₹)RONW(%)EPS (Basic) (₹)
Safecure Services Limited11.89010.0029.7328.868.58
Sis Limited405.305.00166.790.490.82
Krystal Integrated Services Limited13.38010.00312.9214.3444.61

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

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.