Safecure Services IPO Set to Open October 29 at ₹102 Per Share

Safecure Services, a security and facility management firm, is stepping into the public market with its ₹30.6 crore SME IPO. The issue opens for subscription on Wednesday, October 29, and concludes on October 31. Priced at ₹102 per share, the IPO consists entirely of a fresh issue of 30 lakh equity shares with a face value of ₹10 each. Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 thereafter. The company plans to utilize ₹13 crore from the proceeds for working capital, ₹7 crore for debt repayment, and the remaining for general corporate purposes. The IPO will be listed on the BSE SME platform, with Sun Capital Advisory Services as the lead manager and MUFG Intime India Pvt. Ltd. as the registrar.

Key highlights

• IPO size: ₹30.6 crore, fully fresh issue of 30 lakh shares  
• Price: ₹102 per equity share; face value ₹10  
• Subscription window: October 29–31, 2025  
• Minimum bid: 2,400 shares; multiples of 1,200 thereafter  
• Use of proceeds: ₹13 crore for working capital, ₹7 crore for debt reduction  
• Listing: BSE SME platform  
   

Sources: Rediff Money, Free Press Journal, IPOji.