Safecure's IPO opening date is October 29, 2025, and it will close on October 31, 2025. Safecure's IPO is a fixed-price issue. The company will raise approximately ₹30.60 crore through this IPO, which includes a fresh issue of ₹30.60 crore worth of shares and an offer for sale of ₹10 face value [.] equity shares.
The price band for Safecure's IPO is ₹102 per share. The share is 50% for retail, 0% for QIBs, and 50% for HNIs. Safecure's IPO will be listed on the BSE on November 6, 2025. The allotment date for Safecure's IPO is November 3, 2025.
The company reported revenue of ₹63.06 crore in 2024, compared to ₹47.74 crore in 2023. The company reported a profit of ₹5.59 crore in 2024 as against a profit of ₹3.93 crore in 2023. As per the financial data, IPO investors should invest in IPO GMP for the long term.
IPO Size : ₹ 161.13 Cr.
Issue Price: ₹ 138.00
Market Capitalisation : ₹ 634.53 Cr.
PE multiple : 16.19
Subscription : 14.70 times
Pre Issue Promoter Holding : 95.19 %
Post Issue Promoter Holding : 70.07
Safecure IPO Market Lot
The Safecure IPO minimum market lot is 2,400 shares with ₹2,44,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,44,800 |
| Retail Maximum | 2 | 2,400 | ₹2,44,800 |
| S-HNI Minimum | 3 | 3,600 | ₹3,67,200 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| NII Shares Offered | – Shares | 50% |
| Retail Shares Offered | – Shares | 50% |
Safecure IPO or Investors
| Anchor Bidding Date | 2025 |
| Anchor Investors List | . |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2025 |
| lock-in period end date 50% shares (90 Days) | 2025 |
Safecure IPO Dates
The Safecure IPO date is October 29 and the close date is October 31. The Safecure IPO allotment will be finalized on November 3 and the IPO listing on November 6.
| IPO Open Date: | October 29, 2025 |
| IPO Close Date: | October 31, 2025 |
| Basis of Allotment: | November 3, 2025 |
| Refunds: | November 4, 2025 |
| Credit to Demat Account: | November 4, 2025 |
| IPO Listing Date: | November 6, 2025 |
| IPO Bidding Cut-off Time: | October 31, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Abhiraj Singh Bhal, Raghav Chandra and Varun Khaitan.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 70,40,000 | 94.33% |
| Promoter Holding Post Issue | 1,00,40,000 | 66.14% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Repayment / pre-payment, in full or part, of certain borrowings availed by the Company | ₹7 |
| Part Funding Working Capital requirements of the Company | ₹13 |
| General Corporate Purpose | ₹- |
The net proceeds from this offering are proposed to be used to finance the Company's working capital requirements of ₹13 crore, to fully or partially repay and/or prepay certain borrowings of ₹8.25 crore availed by the Company and its wholly-owned subsidiary, and for general corporate purposes of ₹4.5 crore.
The minimum application for individual investors is 2,400 shares, equivalent to a minimum investment of ₹2,44,800 at the offer price of ₹102. The lot size is 1,200 shares.
Incorporated in 2012, Safecure Services Limited is a leading security and facility management company headquartered in Mira Road, Thane, with 12 offices across India. The company provides a comprehensive range of solutions, including manned security, e-surveillance, ATM and event management, housekeeping, business support, and corporate interior fit-out. With a strong presence in 12 districts, SafeCure serves private and public sector clients, financial institutions, and multinational corporations. Supported by a robust recruitment and training system, the company ensures professional, technology-driven, and customized service delivery. As of August 31, 2025, SafeCure employs 1,849 people to manage day-to-day operations across the country.
Safecure IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹47.74 | ₹43.16 | ₹3.93 | ₹30.89 |
| 2024 | ₹63.06 | ₹56.59 | ₹5.59 | ₹37.33 |
| June 2024 | ₹15.51 | ₹13.71 | ₹1.52 | ₹39.90 |
Safecure IPO Valuation – FY2024
Check Safecure IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 37.82% |
| ROCE: | 28.31% |
| EBITDA Margin: | 17.92% |
| PAT Margin: | 9.03% |
| Debt to equity ratio: | 0.95 |
| Earning Per Share (EPS): | ₹8.06 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 37.82% |
| Net Asset Value (NAV): | ₹21.31 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Sis Limited | 13.08 | 28.02 | 7.87% | 33.50 | 12,261.43 Cr. |
| Krystal Integrated Services Limited | 42.30 | 17.51 | 13.03% | 26.93 | 1,026.85 Cr. |
About Safecure Services Limited
Established in 2012, Safecure Services Limited is a leading security and facility management company. The company specializes in private security, e-surveillance, facility management, and corporate interior fitting services across India.
Over the years, Safecure has expanded its operations across India and serves a diverse clientele, including private and public sector entities, financial institutions, multinational corporations, and various industries.
To ensure high-quality services, the company follows a consistent recruitment and training policy and is recognized as a professional security firm with a reputation for excellence.
The company is headquartered in Mira Road, Thane, and has 12 offices across India, spanning 12 districts, ensuring customer-focused, high-quality, and customized service.
Services:
Security services include manned security, event management, ATM management, and technology-enabled security services.
E-surveillance and monitoring of ATMs and bank branches, including electronic security services and alarm monitoring and response services, including electronic security and surveillance solutions with trained staff.
Facility management services, including ATM repair and maintenance, housekeeping services, and business support services.
Interior fitout work for corporates.
As of August 31, 2025, the company employs 1,849 employees to handle daily business operations.
Competitive Strengths:
Diverse portfolio of services
Experienced team of professionals with regional expertise and a successful track record
Advanced technology integration
Presence across India
Diverse customer base