Latest news with #SafeEnterprisesRetailFixtures
Business Standard
6 days ago
- Business
- Business Standard
NSE SME Safe Enterprises Retail Fixtures assembles a solid listing
Shares of Safe Enterprises Retail Fixtures were trading at Rs 158.55 on the NSE, a premium of 14.89% compared with the issue price of Rs 138. The scrip was listed at Rs 151, a premium of 9.42% compared with the initial public offer (IPO) price. The stock was currently frozen at its upper limit of 5% over its listing price. The counter hit a high of Rs 158.55 and a low of Rs 151. About 50.96 lakh shares of the company changed hands at the counter. Safe Enterprises Retail Fixtures' IPO was subscribed 13.73 times. The issue opened for bidding on 20 June 2025 and it closed on 24 June 2025. The price band of the IPO was set at Rs 131 to Rs 138 per share. The IPO comprised fresh issue of 1,23,00,000 equity shares. The promoter and promoter group shareholding diluted to 70.07% from 95.19% pre-issue. The company intends to utilize the net proceeds for funding the capital expenditure requirements towards setting up of a new manufacturing unit, investment in our subsidiary, Safe Enterprises Retail Technologies for financing its capital expenditure requirements in relation towards installation of additional plant and machinery, to meet working capital requirements of the company, investment in its subsidiary Safe Enterprises Retail Technologies to meet working capital requirements and general corporate purpose. Ahead of the Safe Enterprises Retail Fixtures on 19 June 2025, raised Rs 48.31 crore from anchor investors. The board has allotted 35.01 lakh shares at Rs 138 per share to 19 anchor investors. Safe Enterprises Retail Fixtures is engaged in the business of designing, manufacturing, supplying, and installing shop fittings and retail fixtures. It offers a wide range of customized in-store solutions across multiple retail segments such as fashion and apparel, electronics, and departmental stores. The company also offers innovative shop fitting solutions, including modular and electrified fixtures that integrate seamlessly with various digital technologies such as LED lighting, digital screens, and display stands for retail outlets. As of 31 March 2025, the company had employed 266 permanent full-time employees. The company recorded revenue from operations of Rs 138.31 crore and net profit of Rs 39.19 crore for the period ended 31 March 2025.
Mint
6 days ago
- Business
- Mint
Safe Enterprises Retail Fixtures shares off to a firm start, list at over 9% premium on NSE SME
was Safe Enterprises Retail Fixtures IPO listing: The shares of Safe Enterprises Retail Fixtures were off to a firm start on Friday, June 27, as the company shares listed at a decent premium on the NSE SME platform. Safe Enterprises Retail Fixtures share price listed at ₹ 151 apiece, a premium of ₹ 13, or 9.42%, over the issue price of ₹ 138. The listing price of Safe Enterprises Retail Fixtures shares was higher than what the grey market signalled. The grey market premium or GMP for Safe Enterprises Retail Fixtures shares was around 4.35% ahead of the IPO listing. Safe Enterprises Retail Fixtures shares extended gains after a firm stock market debut, hitting its 5% upper price band of ₹ 158.55 apiece within minutes of listing. The strong IPO listing for Safe Enterprises Retail Fixtures was in line with the firm demand that the SME IPO witnessed. The IPO, which was open for subscription from June 20 to June 24, was subscribed 14.70 times at the end of the three-day bidding process. The retail investor portion was booked 4.44 times, the non-institutional investor portion was subscribed 12.51 times, and the qualified institutional buyers' quota received 34.31 times bids. Safe Enterprises Retail Fixtures IPO was a fixed price issue wherein the company priced its shares at ₹ 138 apiece. Retail investors could apply for one lot of 1000 shares and multiples thereof. Safe Enterprises Retail Fixtures IPO, worth ₹ 169.74 crore, was entirely a fresh issue of 123 lakh shares. Out of the total funds raised, the company plans to use ₹ 66 crore for setting up a new manufacturing unit, ₹ 17 crore for investment in a subsidiary, ₹ 30 crore for meeting the working capital requirements and the rest for general corporate purposes. Safe Enterprises Retail Fixtures designs, manufactures, supplies, and installs shop fittings and retail fixtures. It provides a range of customised solutions across various retail segments such as fashion, electronics, and department stores. The company serves various retail sectors like fashion, electronics, grocery, and luxury. Clients include major Indian chains and hypermarkets, such as Zudio & Westside, Godrej Nature's Basket and Reliance Retail & Future Group.
Time of India
6 days ago
- Business
- Time of India
Safe Enterprises Retail Fixtures IPO to list Friday. GMP points to mild listing premium
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Safe Enterprises Retail Fixtures is gearing up for its stock market debut today with investor anticipation modestly buoyed by a Rs 6 grey market premium (GMP). The company's IPO, which closed on June 24, raised Rs 169.74 crore through a fresh issue of 1.23 crore equity shares at a fixed price of Rs 138 per on the latest GMP, the estimated listing price is Rs 144, suggesting a listing gain of 4.35%. The allotment was finalized on June in 1976, the Mumbai-based firm designs, manufactures, and installs custom retail fixtures and shop fittings for top Indian retail brands like Zudio, Westside, and Reliance offerings include gondola shelving, checkout counters, visual merchandising displays, and storage the company has reported impressive numbers. For the fiscal year ending March 2025, it clocked revenue of Rs 139.73 crore and profit after tax of Rs 39.19 proceeds will fund the setup of a new manufacturing facility, working capital needs, and investments in its subsidiary, Safe Enterprises Retail Technologies With a post-issue P/E of 16.19 and market capitalization of Rs 634.53 crore, the stock enters the market with favorable investor sentiment. Listing day could offer modest gains if overall market conditions remain supportive.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
6 days ago
- Business
- Economic Times
Safe Enterprises Retail Fixtures IPO to list Friday. GMP points to mild listing premium
Safe Enterprises Retail Fixtures is gearing up for its stock market debut today with investor anticipation modestly buoyed by a Rs 6 grey market premium (GMP). The company's IPO, which closed on June 24, raised Rs 169.74 crore through a fresh issue of 1.23 crore equity shares at a fixed price of Rs 138 per share. ADVERTISEMENT Based on the latest GMP, the estimated listing price is Rs 144, suggesting a listing gain of 4.35%. The allotment was finalized on June 25. Founded in 1976, the Mumbai-based firm designs, manufactures, and installs custom retail fixtures and shop fittings for top Indian retail brands like Zudio, Westside, and Reliance Retail. Its offerings include gondola shelving, checkout counters, visual merchandising displays, and storage the company has reported impressive numbers. For the fiscal year ending March 2025, it clocked revenue of Rs 139.73 crore and profit after tax of Rs 39.19 crore. IPO proceeds will fund the setup of a new manufacturing facility, working capital needs, and investments in its subsidiary, Safe Enterprises Retail Technologies. ADVERTISEMENT With a post-issue P/E of 16.19 and market capitalization of Rs 634.53 crore, the stock enters the market with favorable investor sentiment. Listing day could offer modest gains if overall market conditions remain supportive. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Mint
25-06-2025
- Business
- Mint
Safe Enterprises Retail Fixtures IPO allotment date in focus. Latest GMP, steps to check share allotment status online
Safe Enterprises Retail Fixtures IPO Allotment: The initial public offering (IPO) of Safe Enterprises Retail Fixtures Ltd received stellar demand from investors. As the bidding period for the SME IPO has ended, focus now shifts towards Safe Enterprises Retail Fixtures IPO allotment date. The public issue was open for subscription from June 20 to June 24. Safe Enterprises Retail Fixtures IPO allotment date is likely today, June 25, while the SME IPO listing date is expected to be June 27. The company is expected to finalise Safe Enterprises Retail Fixtures IPO allotment status soon. It will then credit the equity shares into the demat accounts of eligible allotment holders likely on June 26, and initiate refunds to unsuccessful bidders on the same day. Safe Enterprises Retail Fixtures IPO allotment status can be checked online on the website of NSE, as well as on the official portal of IPO registrar. Maashitla Securities Pvt Ltd is Safe Enterprises Retail Fixtures IPO registrar. In order to do Safe Enterprises Retail Fixtures IPO allotment status online check, investors have to follow a few simple steps mentioned below: Step 1: Visit IPO registrar's website on this link - Step 2: Select 'Safe Enterprises Retail Fixtures Limited' in the Select Company dropdown menu Step 3: Choose among PAN, Application Number or Demat Account Number Step 4: Enter the details as per the option selected Step 5: Click on 'Submit' Your Safe Enterprises Retail Fixtures IPO allotment status will be visible on the screen. The trend for Safe Enterprises Retail Fixtures shares in the unlisted market remains muted, with a tepid grey market premium (GMP). According to stock market experts, Safe Enterprises Retail Fixtures IPO GMP today is ₹ 3 per share. This indicates that in the grey market, Safe Enterprises Retail Fixtures shares are trading higher by ₹ 3 than their issue price. Considering Safe Enterprises Retail Fixtures IPO GMP today, the estimated listing price of Safe Enterprises Retail Fixtures shares would be ₹ 141 apiece, which is at a 2.17% premium to its IPO price of ₹ 138 per share. Safe Enterprises Retail Fixtures IPO opened for public subscription on Friday, June 20, and closed on Tuesday, June 24. Safe Enterprises Retail Fixtures IPO allotment date is likely today, June 25, and the tentative IPO listing date is June 27. The equity shares of the company will be listed on NSE SME. Safe Enterprises Retail Fixtures IPO price band was fixed at ₹ 138 per share. The company raised ₹ 169.74 crore from the book-building issue which was entirely a fresh issue of 1.23 crore equity shares. The public issue was subscribed 14.70 times in total. It was booked 4.44 times in the retail category, 34.31 times in the Qualified Institutional Buyers (QIB) segment, and 12.51 times in the Non-Institutional Investors (NII) category. Hem Securities is the book-running lead manager of the Safe Enterprises Retail Fixtures IPO, while Maashitla Securities is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
