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IPO Snapshot    
Msafe Equipments Ltd.
Issue Open Date 28-Jan-26  
Issue Closing Date 30-Jan-26  
Application Money 100  
Allotment Money  
Price Band 116 - 123  
Minimium Application No. 2000  
Issue Size (Shares) 3875000  
Market Lot 1.00  
Objective
1. Funding of Capital expenditure towards setup of a new Manufacturing Facility;2. Funding of Capital expenditure for manufacturing of equipments for rental purpose;3. Utilization towards working capital requirements; and4. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   1072000   238868000   222.82  
Qualified Institutional Buyers   1017000   119979000   117.97  
Retail Individual Investors   1786000   237818000   133.16  
Business Description
Incorporated in 2019, we are engaged in the business of manufacturing, sales and rental of access and height-safetyequipments, primarily used to facilitate safe working at heights. Our product portfolio includes aluminiumscaffoldings, mild steel (MS) scaffoldi
more...
Promoter's Holding
Total Share Capital   16000000  
Offered to Public   3875000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)    
Address
F-311
3rd Floor
Aditya Arcade
Plot No. 30
Community Center
Preet Vihar
East Delhi
Delhi ,
Delhi ,
110092
Phone: 8882207104
Email: info@msafegroup.com
Website: www.msafegroup.com
Registrar
Maashitla Securities Pvt Ltd.
451
Krishna Apra Business
Square
Netaji Subhash Place

Pitampura
New Delhi
Listed at
BSE
Lead Manager
Seren Capital Pvt Ltd.
Promoters
Ajay Kumar Kanoi
Gaurav Ajay Kumar Kanoi
Monika Agarwal
Pradeep Aggarwal
Rajani Ajay Kanoi
Rushil Agarwal
Vansh Aggarwal
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