Safe Enterprises Retail Fixtures Ltd IPO
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Safe Enterprises Retail Fixtures Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 123 L | TBA | ₹ 40.87 L | ₹ 326.55 L | NSE | ₹ 169.74 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 20 Jun, 25 | 24 Jun, 25 | 1000 | ₹ 1,31,000 | Book Building - SME | 27 Jun, 25 |
Safe Enterprises Retail Fixtures Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Steel - Medium |
| Sub Sector | Small |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 13.73x | 5837000 | 80139000 |
| NII | 12.87x | 1752000 | 22541000 |
| Retail | 4.44x | 4087000 | 18138000 |
| Employee | 0x | 0 | 0 |
| Total | 9.82x | 12300000 | 120818000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Safe Enterprises Retail Fixtures Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 19.09 | 2.28 | TBA |
| EBITDA | 19.62 | 2.74 | TBA |
| PAT | 12.09 | 1.25 | TBA |
| Total Assets | 32.10 | 15.71 | TBA |
| Share Capital | 0.00 | 0.00 | TBA |
| Total Borrowings | 4.53 | 4.57 | TBA |
| Operating Activities (Net Cash) | 12.62 | 1.71 | TBA |
| Investing Activities (Net Cash) | 0.91 | 0.00 | TBA |
| Financing Activities (Net Cash) | 4.53 | 4.57 | TBA |
| Net Cashflow | 6.83 | 1.04 | TBA |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Safe Enterprises Retail Fixtures Ltd
Our Company was originally formed as a partnership firm under the Indian Partnership Act, 1932 under the name and style of Safe Enterprises pursuant to a deed of partnership entered between Saleem Shabbir Merchant, Zainab Bai Fakruddin, Fatema Hatim Merchant and Shirinbhai Asgarali at Mumbai, Maharashtra with effect from August 01, 1976. Further, Safe Enterprises was subsequently converted from the partnership firm to a Public Limited Company under Part I of Chapter XXI of the Companies Act, 2013 in the name of Safe Enterprises Retail Fixtures Limited and received a certificate of incorporation, issued by the Registrar of Companies, Central Registration Centre on July 21, 2024. Our Company's Corporate Identity Number is U46493MH2024PLC429137.
The commercial interior design segment is the largest market with a share of around 75% as of 2023; it is also the fastest-growing segment in the country. Growth in this segment is driven by India's booming commercial real estate market. The manufacturing of textiles Index for the month of June 2024 is 106. Global apparel market is expected to grow at a CAGR of around 8% to reach US$ 2.37 trillion by 2030 and the Global Textile & Apparel trade is expected to grow at a CAGR of 4% to reach US$ 1.2 trillion by 2030. India's home textile industry is expected to expand at a CAGR of 8.9% during 2023-32 and reached US$ 23.32 billion in 2032 from US$ 10.78 billion in 2023.The Indian Technical Textile market has a huge potential of a 10% growth rate, increased penetration level of 9-10% and is the 5th largest technical textiles market in the world.
We are engaged in the business of designing, manufacturing, supplying and installation of shop fittings and retail fixtures, offering a wide range of customized in-store solutions across multiple retail segments such as fashion & apparels, electronics, departmental store etc. We are merchandising solution providers addressing challenges that retailers and brand marketers face in the rapidly evolving retail industry for display, placements, storage and safety of the products, thus, providing shop fitting solutions from conceptual design and prototyping to manufacturing and installation, tailored to meet the specific needs of our customers. We also offer the innovative shop fittings solutions including modular, electrified shop fittings that integrate seamlessly with various digital technologies such as LED lighting, digital screens, display stands etc. for retail outlets.
Peer Comparison:
- Safe Enterprises Retail Fixtures Limited
- Naman In-Store (India) Limited
Safe Enterprises Retail Fixtures Ltd IPO Key Points
Strengths
- In-house product manufacturing capabilities.
- Established relationships with customers across various geographical locations.
- Consistent focus on quality.
- Experienced Senior Management backed by design and development team.
Risk
- The Company has been recently formed by conversion of the erstwhile partnership firm into the company, thus the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.
- The company does not own the registered office, manufacturing units and Experience Centre from which the company carry out its business activities. In case of non renewal of rent agreements or dispute in relation to use of the said premise, its business and results of operations can be adversely affected.
- Its business is dependent on the sale of the company products to certain key customers. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.
Strategy
- Setup of new integrated manufacturing facility
- Enhancing brand image & meeting quality standards
- Expand our geographical presence
- Maintaining cordial relationship with our Suppliers, Customer and employees
- In-house product manufacturing capabilities.
- Established relationships with customers across various geographical locations.
- Consistent focus on quality.
- Experienced Senior Management backed by design and development team.
How To Apply for Safe Enterprises Retail Fixtures Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
