Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

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Msafe Equipments Limited

IPO Type:

SME

Status:

Listed

Sector:

Access Equipment / Scaffolding & Safety

Exchange:

BSE SME

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Msafe Equipments manufactures, sells, and rents access and height-safety equipment including scaffoldings and ladders. 3 units in Greater Noida, 17 warehouses pan-India.

Issue Size (Cr)

66.42

166.72

x times original subscription

Listing Price (₹)

Issue Dates

Jan 28–30

Price Band

₹116 to ₹123

Allotment Date

Listing Date

4 February 2026

Lot Size

1000

QIB (times x)

117.97

NII (timex x)

308.23

Retail (times x)

133.16

Min Investment (₹)

Registrar

Maashitla Securities Pvt Ltd

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