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Vivid Electromech Ltd. is engaged in manufacturing electrical panels and automation systems for industrial and infrastructure applications. The IPO is scheduled to open on March 25, 2026, and close on March 30, 2026, with an issue size of 23,52,000 shares aggregating up to ₹130.54 crore. The price band is set at ₹528 to ₹555 per share, with a lot size of 240 shares. The issue will be listed on the NSE SME platform and includes allocations across investor categories as per regulatory guidelines.
Safety Controls & Devices Ltd operates in the engineering, procurement, and construction (EPC) segment, with activities spanning substation installation, solar project execution, firefighting systems, and selected infrastructure works for institutional clients. The company is based in Lucknow, Uttar Pradesh, and its operations are largely aligned with projects awarded by government entities and related undertakings. Its business model involves turnkey execution across power and allied infrastructure segments, with a focus on project delivery and compliance with technical specifications outlined in contracts. In terms of market presence, the company is engaged with state and central power utilities, along with private sector participants in the energy and infrastructure space. Its operations also extend to renewable energy and emerging areas such as electric vehicle charging infrastructure, indicating expansion of its project portfolio. The company’s operations are aligned with EPC contracts and public sector-driven infrastructure development, subject to project allocation and execution timelines.
To apply for the IPO, investors may use the ASBA (Application Supported by Blocked Amount) facility available through their bank account or apply via a registered trading platform. The process generally involves selecting the IPO, entering the bid details such as lot size and price within the specified range, and authorising the application through net banking or UPI mandate, as applicable. The application amount remains blocked in the bank account until allotment is finalised, after which funds corresponding to allotted shares are debited, while any remaining amount is released.
For more details, visit the Safety Controls & Devices Limited IPO page.
Details | Information |
IPO Date | Apr 6, 2026 to Apr 8, 2026 |
Issue Size | 60,00,000 shares (agg. up to ₹48 Cr) |
Price Band | ₹75 to ₹80 per share |
Lot Size | 1,600 shares |
Listing At | BSE SME |
Market Maker | NNM Securities Pvt.Ltd. |
Repayment/prepayment, in part or full of certain of the borrowings
To meet incremental Working Capital requirements
General Corporate Purpose
Event | Date |
|---|---|
IPO Open Date | Mon, Apr 6, 2026 |
IPO Close Date | Wed, Apr 8, 2026 |
Tentative Allotment | Thu, Apr 9, 2026 |
Initiation of Refunds | Fri, Apr 10, 2026 |
Credit of Shares to Demat | Fri, Apr 10, 2026 |
Tentative Listing Date | Mon, Apr 13, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Wed, Apr 8, 2026 |
₹75 to ₹80 per share
Application | Lots | Shares | Amount |
Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,56,000 |
Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,56,000 |
S-HNI (Min) | 3 | 4,800 | ₹3,84,000 |
S-HNI (Max) | 7 | 11,200 | ₹8,96,000 |
B-HNI (Min) | 8 | 12,800 | ₹10,24,000 |
The Safety Controls & Devices Limited IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the broker's app or website.
Go to the IPO section to view active IPO listings.
Locate Safety Controls & Devices Limited IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 1600 shares) within the price band of ₹75 to ₹80 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The allocation of shares in the Safety Controls & Devices IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.
Investor Category | Shares Offered | ||
QIB Shares Offered | 27,84,000 | ||
− Anchor Investor Shares Offered | 15,84,000 | ||
− QIB (Ex. Anchor) Shares Offered | 12,00,000 | ||
NII (HNI) Shares Offered | 8,64,000 | ||
− bNII > ₹10L | 5,76,000 | ||
− sNII < ₹10L | 2,88,000 | ||
Retail Shares Offered | 20,48,000 | ||
Firm Reservations | |||
Market Maker Shares Offered | 3,04,000 | ||
Total Shares Offered | 60,00,000 | ||
This reservation structure reflects the categorisation and allocation approach disclosed for the issue, indicating the proportion of shares available to each investor segment.
Total Assets: Grew from ₹66.36 crore in FY23 to ₹120.28 crore as of March 2025.
Total Income: Recorded at ₹103.50 crore in March 2025, as compared to ₹49.26 crore in FY23.
Profit After Tax (PAT): Reported at ₹8.99 crore in March 2025, and ₹0.43 crore in FY23.
Net Worth: Recorded at ₹42.17 crore in March 2025 compared to ₹12.47 crore in FY23.
Reserves & Surplus: Stood at ₹28.87 crore in March 2025, as compared to ₹2.97 crore in FY23.
Total Borrowings: Stood at ₹33.84 crore in March 2025, as compared to ₹18.52 crore in FY23.
EBITDA: Stood at ₹17.27 crore in March 2025 in comparison to ₹2.63 crore in FY23.
The company has reported a consistent expansion in its asset base over the observed period, indicating increased scale of operations and capital deployment.
Total income has shown a notable rise, reflecting higher business activity and execution of projects across its core segments.
Profitability levels have improved, with growth in earnings after tax suggesting better operational performance and cost management.
The company’s net worth has strengthened, supported by retained earnings and internal accruals.
An increase in reserves and surplus indicates accumulation of profits and improved financial position over time.
Borrowings have also increased, which reflects funding requirements for ongoing and planned project execution.
Operating performance has improved, as reflected in higher earnings before interest, tax, depreciation, and amortisation.
The company’s revenue dependence on government entities and public sector undertakings may expose it to risks related to delays in project approvals, payments, or policy changes affecting infrastructure spending.
An increase in borrowings alongside expansion activities may impact financial flexibility, particularly if project execution timelines or cash flows vary from expectations.
The company’s involvement in EPC projects across power infrastructure and renewable energy segments aligns with ongoing developments in energy and infrastructure sectors in India.
Expansion into areas such as solar projects and electric vehicle charging infrastructure may support diversification of operations and provide additional avenues for project execution.
KPI | Jan 31, 2026 | Mar 31, 2025 |
ROE | 21.17% | 30.14% |
ROCE | 33.73% | 37.39% |
Debt/Equity | 0.72 | 0.80 |
RoNW | 15.65% | 21.32% |
PAT Margin | 12.64% | 8.77% |
EBITDA Margin | 24.04% | 16.84% |
Price to Book Value | 2.03 | 2.52 |
Registrar | Lead Manager(s) |
|---|---|
Maashitla Securities Pvt.Ltd. | Sobhagya Capital Options Pvt.Ltd. |
C-43/28/1,
Nawal Kishore Road
Hazratganj,
Lucknow, Uttar Pradesh, 226001
Phone: +91 05224026070
Email: cs@safetygroup.in
Website: https://www.safetygroup.in/
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Safety Controls & Devices IPO allotment status.
Rajnish Chopra is the Managing Director of Safety Controls & Devices Ltd (SCDL).
The Safety Controls & Devices IPO is scheduled to open for subscription on April 6, 2026, and will close on April 8, 2026, as per the disclosed timeline.
The company operates in the engineering, procurement, and construction segment, focusing on infrastructure projects such as substations, solar installations, firefighting systems, and selected institutional construction works. Its business model is based on turnkey project execution, primarily for government and institutional clients. The long-term sustainability of this model depends on project availability, execution capability, and sectoral developments.
The IPO consists of 60,00,000 shares, aggregating up to ₹48 crore, as per the issue details provided.
The ‘pre-apply’ facility allows investors to place their IPO application before the official opening date. The application is submitted in advance and processed once the IPO opens, subject to mandate confirmation and applicable procedures.
The minimum lot size for the IPO is 1,600 shares. Retail investors are required to apply for a minimum of two lots, which translates to 3,200 shares as the minimum application quantity.
The tentative allotment date for the IPO is April 9, 2026, based on the provided schedule.
The registrar for the IPO is Maashitla Securities Pvt. Ltd., as per the disclosed information.
There are no publicly stated governance issues or red flags highlighted. Investors may review the offer documents, including sections on management, board composition, and risk factors, for detailed and verified disclosures.
Investors can apply for the IPO through the ASBA facility via their bank account or through a registered trading platform. The process involves selecting the IPO, entering bid details such as quantity and price within the specified range, and authorising the application through net banking or UPI mandate within the given timeline.
Yes, a Demat account is required to apply for the IPO, as shares are allotted and credited in electronic form.
Investors can check the allotment status through the registrar’s website or their trading platform after the allotment is finalised. If shares are allotted, they are credited to the Demat account, while unallotted amounts are released back to the bank account.
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