243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Safety Controls & Devices Limited

Lucknow

Date of DRHP : 08 Nov 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Safety Controls Basic Details

   Engineering - EPC

Sub Sector: engaged in the EPC (Engineering, Procurement, and Construction) business

Exchange:
NSE Emerge

About the Company

Safety Controls & Devices primarily engaged in the EPC (Engineering, Procurement, and Construction) business, focusing on the installation of substations, construction of solar plants, installation of firefighting equipment and construction of hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, Their operations are carried out as an engineering enterprise. Safety Controls & Devices have experience in executing turnkey projects across multiple sectors like transmission and distribution, solar energy, EV charging infrastructure, fire protection systems and hospital construction. Safety Controls & Devices believe that Safety Controls & Devices have domain experience in designing, engineering, supplying, installing, erecting, testing and commissioning transmission substations while prioritizing quality, efficiency and sustainability in all Their projects. Safety Controls & Devices primarily cater to government entities and undertakings, which constitute a significant portion of Their overall customer base. This includes various state and central government power utilities, private power entities, and renewable energy developers. By focusing on these sectors, Safety Controls & Devices engage in projects that align with public interests and contribute to national development. Their Company commenced operations as a provider of design, installation and supply services for fire equipment, firefighting systems and fire alarms. Over the time, Their Company expanded its capabilities and diversified its portfolio to address the growing needs of other industries. Initially focused on fire protection, Their Company later undertook more complex projects, including the design, engineering, supply, erection, testing, and commissioning of transmission substations up to 220 KV GIS Substation and 400 KV AIS Substations. This development marked a substantial expansion into power infrastructure. Safety Controls & Devices have successfully commissioned transmission substations up to 400 KV and firefighting systems for substations up to 765 KV. Safety Controls & Devices have placed into operation 19 substations till date for various public and private utilities and are currently expanding into utility-scale solar power projects and electric vehicle charging stations. Their Company has successfully executed turnkey projects over the last 3 (three) decades. Safety Controls & Devices believe that Their Company is the first one to have developed and energized first 220kV GIS Substation in the state of Uttar Pradesh.

Financial Summary (Annualised Basis)

Revenue :
246.24 Cr.

PAT :
18.00 Cr.

Safety Controls IPO Lead Manager(s)

Sobhagya Capital Options Limited

Safety Controls IPO Registrar

Maashitla Securities Private Limited

Safety Controls DRHP Details

Objects of issue

  • Funding the capital expenditure requirements of the company by purchase of Equipment and Machinery
  • Repayment/prepayment, in part or full of certain of our borrowings
  • Funding the Working Capital Requirements of the company and
  • General Corporate Purpose.

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FAQs

Safety Controls & Devices operates in Engineering - EPC and engaged in the EPC (Engineering, Procurement, and Construction) business. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of Safety Controls & Devices is Book Building Process and Object of issue is

  • Funding the capital expenditure requirements of the company by purchase of Equipment and Machinery
  • Repayment/prepayment, in part or full of certain of our borrowings
  • Funding the Working Capital Requirements of the company and
  • General Corporate Purpose.

The DRHP (Draft Red Herring Prospectus) of Safety Controls & Devices IPO was filed on 08 Nov 2024.

No, Safety Controls & Devices IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Safety Controls & Devices are not available now. You can apply in Safety Controls & Devices IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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