Safecure Services
October 29, 2025 – October 31, 2025
| Price | ₹102 - ₹102 |
| GMP Rumors * | ₹21 |
|---|---|
| Lot size | 1200 |
| Issue size | ₹30.60 cr |
| Allotment | Nov 3, 2025 |
| Listing | Nov 6, 2025 |
Safecure Services Subscription
Last updated on 29-Oct-2025 10:59:05
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 1424400 | 69600 | 0.05 |
| Individual | 1425600 | 600000 | 0.42 |
| Total | 2850000 | 669600 | 0.23 |
| Application-Wise Breakup | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (3-10L) | 396 | 14 | 0.04 |
| Individual | 594 | 269 | 0.45 |
Safecure Services Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2400 | 244800 | 594 |
| HNI | 3 | 3600 | 367200 | 396 |
Safecure Services Reservation
| Category | Shares Offered | % |
|---|---|---|
| HNI | 1424400 | 47.48% |
| INDIVIDUAL | 1425600 | 47.52% |
| Market Maker | 150000 | 5% |
| Total | 3000000 | 100% |
Safecure Services About
IPO Details
| Total Issue Size | 30,00,000 shares (aggregating up to ₹30.60 Cr) |
| Fresh Issue | 30,00,000 shares (aggregating up to ₹30.60 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 70,40,000 shares |
| Share Holding Post Issue | 1,00,40,000 shares |
| Reserved for Market Maker | 1,50,000 shares (aggregating up to ₹1.53 Cr) |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. |
Key Performance Indicators (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 28.86% | 38.50% | 42.83% |
| ROCE | 22.48% | 28.34% | 30.41% |
| DEBT/ EQUITY | 0.98 | 0.95 | 1.23 |
| P/E Pre IPO | 11.89 |
Company Financial (In ₹Crore)
| Period Ended | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 54.61 | 53.07 | 37.48 | 30.94 |
| Total Income | 18.36 | 73.27 | 63.06 | 47.74 |
| Profit After Tax | 1.99 | 6.16 | 5.69 | 3.98 |
| NET Worth | 22.94 | 20.93 | 15 | 9.33 |
| Reserves and Surplus | 16.17 | 14.16 | 8.12 | 7.62 |
| Total Borrowing | 19.52 | 20.55 | 14.3 | 11.51 |
Peer Comparison (Valuation)
| Company | P/E (x) | Face value (₹) |
|---|---|---|
| Safecure Services Limited | 11.89 | 10.00 |
| Sis Limited | 405.3 | 5.00 |
| Krystal Integrated Services Limited | 13.38 | 10.00 |
Peer Comparison (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Safecure Services Limited | 29.73 | 28.86 | 8.58 |
| Sis Limited | 166.79 | 0.49 | 0.82 |
| Krystal Integrated Services Limited | 312.92 | 14.34 | 44.61 |
About Company
Operations and Clientele :
Safecure has established a strong nationwide presence, catering to private and public sector organizations, financial institutions, multinational corporations, and clients from various industries. The company follows a uniform recruitment and training process to ensure consistent service quality and professionalism.
Presence and Infrastructure :
Headquartered in Mira Road, Thane, Safecure operates through 12 offices across India, spanning 12 districts, enabling it to deliver focused, reliable, and customized services to its customers.
Strength
Strong Pan-India Presence: Safecure has its headquarters in Mira Road, Thane, with 12 offices across 12 districts in India. Its widespread network enables efficient, customized service delivery and allows the company to serve clients operating at multiple locations.
Diverse Customer Base: The company caters to various sectors including banking, hospitality, education, and logistics, serving both public and private entities. This diversification reduces dependency on any single customer segment and strengthens long-term relationships.
Skilled and Trained Workforce: Safecure’s standardized recruitment and training systems ensure a reliable, high-integrity workforce. Its strong human resource base supports scalable operations and consistent quality service across all business segments.
Weakness
Operational Risks: Being a manpower-driven security service provider, any failure to manage on-site operational risks could affect business performance.
Rising Employee Costs: An increase in staff-related expenses that cannot be passed on to clients may impact profitability.
Manpower Dependency: Inability to attract or retain skilled personnel could hinder growth and disrupt operations.
Safecure Services Lead Manager(s)
Safecure Services Address
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
Phone: +91 99678 81047
Email: secretarial@safecure.in
Website: https://safecure.in/
Safecure Services Registrar
MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083
Safecure Services Reviewers
| Reviewer | Recommendation | File |
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