Acme Universal Safezone 9 IPO

Acme Universal Safezone 9 manufactures and supplies industrial safety footwear under the ACME brand. It operates in the personal protective equipment segment and offers 15 product lines across EVA-rubber, nitrile rubber and PVC sole types for clients in construction, oil and gas, mining, heavy engineering, automotive, pharmaceuticals, chemical processing, foundry and power generation.

The company collects customer requirements, designs customised products using ICad3D, manufactures finished footwear and sells through direct institutional, distributor/dealer and digital/e-commerce channels.

Acme Universal Safezone operates four manufacturing facilities across Madhya Pradesh and Uttar Pradesh. It shifted production from the discontinued Dada Nagar units in Kanpur to its Banthar facility in Unnao. The installed soling capacity rose from 33.15 lakhs units in FY24 to 43.15 lakhs units in FY26 with actual production at 27.72 lakhs units and utilisation at 64.23% in FY26.

In FY26, domestic sales contributed 92.3% of revenue from operations, export sales 7.5% and SEZ sales 0.06%, compared with 90.9%, 8.9% and 0.15%, respectively, in FY24. India accounted for 91.9% of FY26 revenue; the UAE, Nigeria, Israel and Bahrain contributed 3.3%, 1.7%, 1.7% and 0.4%.

Within domestic sales, Maharashtra was the top contributor with 15.6% and Tamil Nadu, Gujarat, Uttar Pradesh and Odisha contributed 13.5%, 13.3%, 12.01% and 6.6%, respectively. The company uses channel-partner warehousing at more than 40 locations in India and exports to markets including the UAE, Bahrain, Saudi Arabia, Nigeria, Israel, the Netherlands, Hong Kong, Cameroon and Mauritius. Raw materials include leather, polyurethane, EVA and rubber compounds, steel toe caps, midsoles, insoles, chemicals, laces and accessories. International purchases declined from 12.81% of total purchases in FY24 to 7.62% in FY26; China and Brazil were the largest overseas sources in FY26. Products are designed for hazards including impact, penetration, electrical shock, heat, fire, chemicals and slips.