Safecure Services Ltd. IPO (BSE SME)

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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

CategoryOfferedAppliedTimes
HNIs1424400696000.05
Individual14256006000000.42
Total28500006696000.23
Application-Wise Breakup img
CategoryReservedAppliedTimes
HNIs (3-10L)396140.04
Individual5942690.45

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 Size30,00,000 shares (aggregating up to ₹30.60 Cr)
Fresh Issue30,00,000 shares (aggregating up to ₹30.60 Cr)
Issue TypeFixed Price IPO
Listing AtBSE SME
Share Holding Pre Issue70,40,000 shares
Share Holding Post Issue1,00,40,000 shares
Reserved for Market Maker1,50,000 shares (aggregating up to ₹1.53 Cr)
Market MakerGiriraj Stock Broking Pvt.Ltd.
Key Performance Indicators (KPI)
KPIMar-25Mar-24Mar-23
ROE28.86%38.50%42.83%
ROCE22.48%28.34%30.41%
DEBT/ EQUITY0.980.951.23
P/E
Pre IPO
11.89
Company Financial (In ₹Crore) 
Period EndedJun-25Mar-25Mar-24Mar-23
Assets54.6153.0737.4830.94
Total Income18.3673.2763.0647.74
Profit After Tax1.996.165.693.98
NET Worth22.9420.93159.33
Reserves and Surplus16.1714.168.127.62
Total Borrowing19.5220.5514.311.51
Peer Comparison (Valuation)
CompanyP/E (x)Face value (₹)
Safecure Services Limited11.8910.00
Sis Limited405.35.00
Krystal Integrated Services Limited13.3810.00
Source: Rhp,Information is based as per available financials for FY 2025 of the Peers from the stock exchanges. For the Company, information is based on latest full year fiscal as per the Restated Consolidated Financial Statements for FY 2025. In the above peer comparison table, we have shown the P/E ratio of the IPO issuer company based on the pre-IPO valuation.

Peer Comparison (Financial Performance)
CompanyNAV/Share (₹)RoNW (%)EPS (Basic) (₹)
Safecure Services Limited29.7328.868.58
Sis Limited166.790.490.82
Krystal Integrated Services Limited312.9214.3444.61

About Company
Founded in 2012, Safecure Services Limited is a leading provider of security and facility management solutions in India. The company offers a wide range of services, including private security, e-surveillance, facility management, and corporate interior fit-out services.

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

Safecure Services Ltd.
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
Address:

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