IPO ChampIPO Insights
IPO Champ LogoIPO Champ Logo

IPOs

IPO Calendar
GMP Tracker
Subscription Status
Allotment Status
Stock Broker
  • Follow us on Instagram
  • Follow us on Facebook
  • Follow us on Threads
  • Follow us on YouTube
  • Follow us on Telegram
  • Follow us on WhatsApp
HomeIPOMsafe Equipments

About Msafe Equipments

Incorporated in the year 2019, the company, Msafe Equipments Limited, is into the manufacturing, selling, and hiring of access, as well as height safety equipment for safe working at heights.Its product offering includes aluminum scaffoldings, mild steel (MS) scaffoldings, aluminum ladders, and fiber-reinforced plastic (FRP) ladders. Such products meet operational and qualitative demands in the context of construction, maintenance, installation, repair, and development.It has three manufacturing units at Greater Noida, Uttar Pradesh, in addition to a storage network of 17 warehouses covering various states such as Maharashtra, Karnataka, Tamil Nadu, Gujarat, Punjab, and West Bengal. These units work efficiently for storing, dispatching, or collecting the product for any sales or rental transactions.During Fiscal 2025, their products were marketed in 22 States and 3 Union Territories to meet a multitude of client requirements in areas ranging from construction to interior and storage sectors.As on June 30, 2025, the Company had 299 permanent employees and 28 contractual employees, which ensured operational efficiency and geographical reach.

Checklist Quality Analysis

Revenue Growth

Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
See All Live IPOs
IPO Champ LogoIPO Champ Logo

IPO Champ helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

Tools

IPO CalendarGMP TrackerSubscription StatusAllotment Status

IPOs

All IPOsLive IPOsUpcoming IPOsClosed IPOsListed IPOs

Resources

NewseBooks

Company

HomeAbout UsPrivacy PolicyTerms of Service

About IPO Champ

IPO Champ is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
help@ipochamp.com.

Please read all offer documents and risk disclosures carefully before investing. IPO Champ does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Champ. All rights reserved.

Want to stay updated?Subscribe to our newsletter

Msafe Equipments

Msafe Equipments

Open Date

28 Jan 2026

Close Date

30 Jan 2026

listed

Min Investment

₹246000

Lot Size

2000 Shares

Issue Size

₹66.42 Cr

Price Range

₹116 - ₹123

Listing Date

Feb 4, 2026

IPO Doc

RHP PDF

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹21.5(+17.00%)GMP
17.48%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Msafe Equipments IPO - Issue Objectives

The company will use ₹32.26 crore to set up a new manufacturing facility. The company will use ₹6 crore for the manufacturing of equipment for rental purposes. The company will use ₹8 crore for the working capital of the business Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Funds for new manufacturing unit

59.74%

Capex for manufacturing of equipment

11.11%

Working capital

14.81%

General corporate purposes

14.34%

1

Funds for new manufacturing unit

The company will use ₹32.26 crore to set up a new manufacturing facility.

59.74%
2

Capex for manufacturing of equipment

The company will use ₹6 crore for the manufacturing of equipment for rental purposes.

11.11%
3

Working capital

The company will use ₹8 crore for the working capital of the business

14.81%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

14.34%

IPO Subscription Status

QIB
117.97x
NII
308.61x
Total
166.81x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Msafe Equipments

In Cr.

Key Performance Indicator31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue71.6248.3429.71
EBITDA26.0815.129.19
Expenses
Profit After Tax13.016.553.65
Assets73.5948.1933.54
Net Worth25.6512.646.09
Reserves24.6511.645.09
Borrowing32.5625.8720.37

Contact Details

Msafe Equipments

F-311, 3rd Floor, Aditya Arcade, Plot No. 30, Community Center, Preet Vihar, East Delhi, New Delhi, New Delhi, 110092

+918882207104
info@msafegroup.com
http://www.msafegroup.com/

Registrar Contact Details

Maashitla Securities Pvt.Ltd.

+91-11-45121795
Investor.ipo@maashitla.com
https://maashitla.com/allotment-status/public-issues

Msafe Equipments IPO - FAQs

Msafe Equipments IPO is a SME IPO. The issue is priced at ₹116-123 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on 28 Jan, and closes on 30 Jan. Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2026-01-27
  • Bidding Starts2026-01-28
  • Bidding Ends2026-01-30
  • Allotment Finalisation2026-02-02
  • Release of Funds2026-02-03
  • Demat Transfer2026-02-03
  • Listing2026-02-04