116.19xsubscribed
Msafe Equipments IPO
116.19xsubscribed
Electric Equipment
listed
116.19xsubscribed
₹2.32LMin. investment
Msafe Equipments Limited IPO Details
Sector
Electric Equipment
Issue size
₹66Cr
IPO type
SME
Market cap
₹250.92CrLower than sector avg
Price range
₹116 – ₹123
Listing exchange
BSE
RevenueApr 2024 - Mar 2025
₹71.34CrLower than sector avg
Listing date
4 Feb 2026
Lot size
1000 shares
Draft Red Herring Prospectus
Read
Growth rate3Y CAGR
54.98%
SectorElectric Equipment
Price range₹116 – ₹123
IPO type
SME
Lot size1000 shares
Issue size₹66Cr
Draft Red Herring Prospectus
Read
Market cap
₹250.92CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹71.34CrLower than sector avg
Growth rate3Y CAGR
54.98%
Msafe Equipments IPO Subscription Status
As on 28-Jan-26, 5:30 PM
Msafe Equipments IPO Timeline
- Pre-apply27 Jan 2026
- Bid start28 Jan 2026
- Bid end30 Jan 2026
- Allotment2 Feb 2026
- Release of funds3 Feb 2026
- Demat transfer3 Feb 2026
- Listing4 Feb 2026
About Msafe Equipments Limited
Incorporated in 2019, Msafe Equipments is a manufacturer, distributor and lessor of access and height safety equipment, which is primarily used to facilitate safe working at heights. Construction, maintenance, installation, repair and infrastructure projects are the main areas where the company's aluminium and MS scaffoldings, aluminium ladders and FRP ladders are used.
The company runs three factories in Greater Noida, UP. Unit I has a ladder capacity of 720,000 kg per annum and is at 79.85% utilisation in H1 FY26. Unit II has an aluminium scaffolding capacity of 792,000 kg per annum with 85.15% capacity utilisation. Unit III started in May 2025, has an MS scaffolding capacity of 32,85,000 kg per annum and is at 80.62% utilisation. The company is going to build a new manufacturing plant in Mathura, UP, the cost of which has been estimated at 3,702.22 lakhs. After the completion of the project, the total installed capacity for MS scaffolding will be 62,85,000 kg per annum, and for aluminium scaffolding and ladders, 25,12,000 kg per annum.
The company adopts a composite revenue model of product sales and rentals. Rentals continue to be a major share of the revenue, 43.07% in H1FY26 and 51.65% in FY25. In FY25, it reached more than 2,500 customers through both channels. The company in FY25 sold its products in 22 states and 3 UTs, with Maharashtra accounting for 30.92% of revenue, Karnataka at 12.71%, and Tamil Nadu at 8.03% being the major markets. Besides that, it exports to the UAE, Nigeria, and the Maldives, which account for 2.23% of the revenue in FY25.
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Objectives of Msafe Equipments Limited IPO
Funds for new manufacturing unit
59.74%
Working capital
14.81%
General corporate purposes
14.34%
Capex for manufacturing of equipment
11.11%
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Msafe Equipments IPO Contact Details
Company NameMsafe Equipments Limited
How to apply for Msafe Equipments IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Latest News on Msafe Equipments Limited IPO
Msafe Equipments Limited IPO FAQs
How to invest in the Msafe Equipments IPO ?
Investors can apply for the Msafe Equipments IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Msafe Equipments IPO ?
The issue size of the Msafe Equipments IPO is 66 Cr.
What is 'pre-apply' for Msafe Equipments IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Msafe Equipments IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
What are the open and close dates of the Msafe Equipments IPO ?
Msafe Equipments IPO will be open between 2026-01-28 and 2026-01-30.
What is the allotment date for the Msafe Equipments IPO ?
Msafe Equipments IPO allotment date is 2026-02-03. For Msafe Equipments IPO allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Msafe Equipments IPO ?
For Msafe Equipments IPO, the IPO registrar is Maashitla Securities Private Limited. You can check Msafe Equipments IPO allotment status on the website of the registrar.
Where is the Msafe Equipments IPO getting listed?
The shares are proposed to be listed on the BSE and NSE.
When will Msafe Equipments IPO shares be credited to your demat account?
The Msafe Equipments IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
What is the lot size and minimum order quantity of the Msafe Equipments IPO ?
The Msafe Equipments IPO lot size is 1000 and minimum order quantity is 2000.
What is the price band for the Msafe Equipments IPO ?
Msafe Equipments IPO has set the price band for its IPO at 123 per equity share with a face value of 10.

