Safecure Services Ltd plans to raise up to Rs. 30.60 crore from public offer, IPO opens on October 29, 2025
PNN
New Delhi [India], October 27: Safecure Services Ltd is planning to raise upto Rs. 30.60 crore from its public offer. The public offer will open for subscription on 29 October 2025 and will close on 31 October, 2025. Sun Capital Advisory Services Pvt Ltd is the lead manager of the offer. Shares will be listed on BSE SME platform.
Highlights:
- IPO opens for subscription on 29 Oct 2025 and closes on 31 Oct, 2025; Minimum lot size for application is 2 lots of 1,200 shares i.e. 2,400 shares and multiples of 1,200 shares thereafter;
- Funds raised through the offer will be used towards funding working capital, repay/prepay borrowings, and meet general corporate purposes.
- For FY24-25 company reported revenue of Rs. 73.10 crore and net profit of Rs. 6.04 crore and for June 30, 2025 (3 months), Revenue of Rs, 18.32 crore and net profit of Rs, 2.02 crore.
- Sun Capital Advisory Services Pvt Ltd is the lead manager of the offer
The initial public offering of Rs. 30.60 crore is a fresh issue of 30 lakh equity shares including market marker portion of 1.50 lakh shares. The total issue involves 30 lakh equity shares for a face value of Rs. 10 each at offer price of Rs. 102 per share.
Minimum application for individual investors is 2,400 shares which translates into a minimum investment of Rs. 2,44,800 at offer price of Rs 102. Lot size is 1,200 shares.
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