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SSSSTLListed

Safa Systems & Technologies Limited

Fixed Price IPO · BSE

Price band
₹10 - ₹10
Lot size
10,000 shares
Issue amount
₹4 cr
Total subscription
0×
Current price₹19.75
Listing price ₹16.55
Watch live price ↗
Opens
28 Jan 2022
Closes
1 Feb 2022
Allotment
4 Feb 2022
Listing
9 Feb 2022

Offer at a glance

Issue overview

Issue size
40,00,000 shares
Face value
₹10 per share
Minimum investment
₹1,00,000
Fresh issue
₹0 cr
Offer for sale
₹0 cr
Registrar
Cameo Corporate Services Limited
Listing exchange
BSE
Maximum investment
₹1,00,000
Issue type
Fixed Price IPO
Shares before issue
1,10,77,550
Shares after issue
1,50,77,550

Lot sizes

CategoryLotsSharesAmount
RETAIL110,000₹1,00,000
HNI330,000₹3,00,000

Share reservation

Market Maker5%
NII (HNI)47.5%
RETAIL47.5%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

00.518 Apr: ₹017 Dec: ₹0
8 Apr₹017 Dec

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
01,0002,0003,000Mar-20 · Revenue: 2,552.25Mar-20 · Profit after tax: 3.12Mar-20Mar-21 · Revenue: 2,086.6Mar-21 · Profit after tax: 2.93Mar-21Oct-21 · Revenue: 1,451.92Oct-21 · Profit after tax: 2.73Oct-21
RevenueProfit after tax

Company information

Company profile

Safa Systems & Technologies, established in 2012, is a B2B distributor of consumer durables, including mobile phones, tablets, LED TVs, home appliances, wearable devices, and accessories for brands like Xiaomi, OPPO, TECNO, Micromax, and One Plus in Kerala. The company adheres to strict quality standards and is ISO 9001:2015 certified. As part of its expansion plans, Safa Systems & Technologies recently opened an office in Mumbai to strengthen its presence in other regions of India.

Strengths

  • Organizational Stability: Backed by strong management expertise and a stable structure.
  • Customer & Supplier Relationships: Maintains long-term trusted ties with clients and suppliers.
  • Reliable Supply Network: Strong supplier connections ensure consistent supply and competitive pricing.
  • Quality & Certifications: Follows strict quality standards and holds ISO certifications.

Promoters

Mr. Faizal Bavaraparambil Abdul Khader

Mr. Bavaraparambil Abdhulkadher Hydrose

Registrar & documents

Lead manager

Finshore Management Services Limited

Registered office

46/2631 B, Safa Arcade, Kaniyapilly Road, Chakkaraparambu, Ernakulam-682028, Kerala, India

7593001140

[email protected]Company website ↗

Understanding SSTL 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.