Safety Controls IPO description – Safety Controls & Devices operates as an EPC (Engineering, Procurement, and Construction) business, emphasizing projects like substation installations, solar plant construction, firefighting systems setup, and hospital projects for the Ministry of Ayush. Headquartered in Lucknow, the company functions as a specialized engineering firm. Their expertise spans a range of turnkey projects, including work in transmission and distribution, solar energy solutions, EV charging infrastructure, fire protection systems, and hospital development.
Safety Controls has successfully commissioned transmission substations up to 400 KV and firefighting systems for substations up to 765 KV. To date, the company has operationalized 19 substations for both public and private utilities. It is currently expanding into utility-scale solar power projects and electric vehicle charging stations. With over three decades of experience in executing turnkey projects, Safety Controls is also proud to be the first to develop and energize the first 220kV GIS Substation in the state of Uttar Pradesh.
Safety Controls & Devices holds ISO 9001:2015 certification, awarded by Quality Control Certification and accredited by AOC Middle East LLC, ensuring compliance with a robust quality management system. The company’s workforce consists of approximately 60 professionals, including electrical engineers, civil engineers, chartered accountants, and specialists across various other fields and disciplines.
Promoters of Safety Controls & Devices – Mr. Rajnish Chopra, Mrs. Anjali Chopra, and Mr. Abhishek Chopra
Table of Contents
Safety Controls IPO Details
| Safety Controls IPO Dates | 6 – 8 April 2026 |
| Safety Controls Issue Price | INR 75 – 80 per share |
| Fresh issue | 60,00,000 shares (INR 45.00 – 48.00 crore) |
| Offer For Sale | NIL |
| Total IPO size | 60,00,000 shares (INR 45.00 – 48.00 crore) |
| Minimum bid | 3,200 shares (INR 2,56,000) |
| Lot Size | 1,600 shares (INR 1,28,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Safety Controls Financial Performance
| FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 | |
| Revenue | 46.08 | 47.88 | 44.71 | 61.55 |
| Expenses | 46.63 | 46.85 | 39.30 | 55.60 |
| Net income | 1.19 | 1.77 | 4.77 | 4.50 |
Safety Controls & Devices Offer News
Safety Controls Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.26 | 1.87 | 4.77 |
| PE ratio | – | – | 15.72 – 16.77 |
| RONW (%) | 8.16 | 10.81 | 21.50 |
| NAV | 15.40 | 17.27 | 21.12 |
| ROCE (%) | 18.65 | 27.99 | 29.15 |
| EBITDA (%) | 3.04 | 9.30 | 20.75 |
| Debt/Equity | 1.00 | 1.13 | 1.34 |
Safety Controls IPO GMP Today
Safety Controls IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of 3,04,000 shares is not included in the above calculations.
Safety Controls IPO Allotment Status
Safety Controls IPO allotment status will be available on the Maashitla Securities’ website. Click on this link to get allotment status.
Safety Controls IPO Dates & Listing Performance
| IPO Opening Date | 6 April 2026 |
| IPO Closing Date | 8 April 2026 |
| Finalization of Basis of Allotment | 9 April 2026 |
| Initiation of refunds | 10 April 2026 |
| Transfer of shares to demat accounts | 10 April 2026 |
| IPO Listing Date | 13 April 2026 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Safety Controls Offer Lead Manager
SOBHAGYA CAPITAL OPTIONS PRIVATE LIMITED
C-4 to C-11, Gate No-01, Hosiery Complex,
Phase-II Extension, Noida – 201305
Phone: +91 7836066001
Email: [email protected]
Website: www.sobhagyacapital.com
Safety Controls Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-47581432
Email: [email protected]
Website: www.maashitla.com
SAFETY CONTROLS & DEVICES LIMITED
C-43/28/1 Nawal Kishore Road Hazratganj,
Lucknow-226001, Uttar Pradesh, India
Phone: +91 05224026070
E-mail: [email protected]
Website: www.safetygroup.in
IPO FAQs
What is Safety Controls offer size?
Safety Controls offer size is INR 45.00 – 48.00 crores.
What is the Safety Controls offer price band?
Safety Controls public offer price is INR 75 – 80 per share.
What is the lot size of Safety Controls IPO?
Safety Controls offer lot size is 1,600 shares.
What is Safety Controls IPO GMP today?
Safety Controls IPO GMP today is INR NA per share.
What is Safety Controls IPO Subject to Sauda rate today?
Safety Controls Subject to Sauda rate today is INR NA per application.
Mahesh Yadav is a prolific writer with over a decade of professional experience. A person of wide interests, he found his true calling in the field of investing and specifically the stock market. He has an amazing skill of presenting the most complex financial concepts (and there is no shortage of complexity in investing) in simple language and terms.
