Safety Controls & Devices IPO
Safety Controls & Devices IPO Details
Safety Controls & Devices IPO is a book-build issue of ₹48 crore, comprising a fresh issue of 56.96 lakh equity shares worth up to ₹46 crore, with a face value of ₹10 per share. The company filed its DRHP with SEBI on September 30, 2025.
The price band for this issue is set at ₹75 to ₹80 per share and the lot size for an application is 1,600. The IPO will open for subscription from April 6 to 8, 2026, on the BSE SME platforms with a tentative listing date fixed as April 13, 2026. The book-running lead manager (BRLM) of this issue is Sobhagya Capital Options Private Ltd., while the registrar to the issue is Maashitla Securities Private Ltd.
Safety Controls & Devices IPO Date & Timeline
The Safety Controls & Devices IPO is officially set to open for subscription on Apr 6, 2026 and will close on Apr 8, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on September 30, 2025 and has now finalised its schedule following SEBI approval. Once the subscription window closes, the finalisation of the basis of allotment is expected on Apr 9, 2026. Following this, the company will initiate refunds and credit shares to successful investors’ demat accounts on Apr 10, 2026. Finally, the Safety Controls & Devices Ltd. shares are tentatively scheduled to list on the stock exchanges on Apr 13, 2026.
Safety Controls & Devices IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO’s shares are traded in the market before they are officially listed on the stock exchange.
The Safety Controls & Devices IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.