The Safecure Services IPO has quickly become one of the most-watched SME offerings in the market today. With the bidding window open until October 31, the public issue has already seen active participation from investors across categories. The story unfolding around this IPO is simple — steady demand, clear numbers, and a business model rooted in essential security and surveillance services.
Let’s break it down in a reader-friendly, storytelling flow while keeping every detail straight from the reference.
Market Performance: A Steady Start for This SME Issue
The broader stock market today continues to witness interest in SME offerings, and Safecure Services has joined that momentum.
By the second day of bidding — October 30, 1:25 pm — the company had crossed the full subscription mark, building confidence among investors tracking the issue’s progress.
Short paragraphs + crisp numbers make this section easier to scan:
- Total subscription: 1.21x
- Bids received: 34,40,400 shares
- Shares on offer: 28,50,000
- Retail category: 2.25x subscribed
- NII quota: 0.16x booked
The IPO comfortably sailed through on Day 1 (October 29) itself, setting the tone for the rest of the bidding period.
Safecure Services IPO Details: Clear Structure, Defined Utilisation
The Safecure Services IPO is a fixed-price issue worth ₹30.60 crore. The offer consists entirely of a fresh issue of 0.30 crore shares at a fixed price of ₹102 per share.
To make investment criteria easier to follow:
- Lot size: 1,200 shares
- Minimum retail application: 2 lots
- Minimum investment for retail investors: ₹2,44,800
The company has clearly laid out how the proceeds will be deployed, keeping the focus tight on strengthening its operating bandwidth:
Fund Utilisation Breakdown
- ₹4.75 crore – repayment of certain borrowings of Safecure Services
- ₹3.50 crore – repayment of borrowings by the wholly owned subsidiary
- ₹4.50 crore – general corporate purposes
- ₹13 crore – working capital requirements
Key milestones for investors:
- IPO closes: October 31
- Allotment date (tentative): November 3
- Listing date (tentative): November 6 on the BSE SME platform
Inside the Company: A Business Built on Security & Surveillance
The heart of Safecure Services lies in the kind of work it does — essential, daily, and high-dependability operations. The company operates across India, providing:
- private security services
- e-surveillance solutions
- facility management
- corporate interior fit-out projects
A major part of its specialised service offerings comes through its wholly owned subsidiary, Safesense Tech Private Limited.
The company’s subsidiary strengthens its tech capabilities by offering:
- advanced monitored intrusion alarm systems
- central intrusion detection & prevention services
One of Safecure’s strongest use-cases lies in real-time monitoring, especially for:
- ATMs
- Bank branches
These sites are monitored 24/7, run by trained surveillance professionals who ensure uninterrupted oversight for high-risk points.
Summary: A Compact IPO With Clear Demand & Defined Numbers
The Safecure Services IPO has drawn steady interest through its second day of bidding, powered by strong retail participation and a clean, well-defined issue structure. With its nationwide footprint in security, surveillance, and facility management, the company continues to operate in sectors where demand remains constant and mission-critical.
As the IPO heads into its final subscription day, investors are tracking key dates — from allotment on November 3 to the scheduled listing on November 6 — while the story of this SME issue continues to unfold within the set data and facts provided.
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