Acme Universal Safezone 9 IPO Shares List at 42.25% Premium at ₹101 on BSE SME

Acme Universal Safezone 9 shares made their stock market debut on October 6, 2026, listing at ₹101 per share on BSE SME compared with the IPO issue price of ₹71 per share. This represented a listing premium of 42.25%.
Following the listing, the stock traded at ₹106.05, taking its gain over the ₹71 issue price to 49.37%.

The listing followed the company's IPO, which was open from September 28 to September 30, 2026. The ₹35.93 crore issue consisted entirely of a fresh issue of 50.61 lakh shares, with a price band of ₹65 to ₹71 per share.

Acme Universal Safezone 9 manufactures and supplies industrial safety footwear under the ACME brand. Its products serve industries including construction, oil and gas, mining, heavy engineering, automotive, pharmaceuticals, chemicals, foundries and power generation.

Acme Universal Safezone 9 IPO Listing Details

The IPO was a ₹35.93 crore book-built issue consisting entirely of a fresh issue of 50.61 lakh equity shares. There was no OFS component.

The issue received an overall subscription of 15.63 times. NIIs subscribed 23.93 times, Individual Investors 15.23 times and QIBs 12.52 times.

- Issue Price: ₹71 per share
- BSE SME Listing Price: ₹101 per share
- Listing Premium: 42.25%
- Trading Price: ₹106.05 per share
- Change From Issue Price: 49.37%
- Overall Subscription: 15.63 times
- Fresh Issue: ₹35.93 crore
- Offer for Sale: Nil
- Price Band: ₹65 to ₹71 per share
- IPO Open Date: September 28, 2026
- IPO Close Date: September 30, 2026
- Listing Date: October 6, 2026
- Exchange: BSE SME

First-Day Trading Performance

Listing Price: Acme Universal Safezone 9 share price listed at ₹101 compared with the ₹71 issue price, translating into a premium of 42.25%.

Post-listing Price: The stock subsequently traded at ₹106.05, 49.37% above the issue price and 5.00% above the listing price.

Subscription Context: The IPO received 15.63 times overall subscription, with NIIs leading at 23.93 times, followed by Individual Investors at 15.23 times and QIBs at 12.52 times.

Growth Drivers and Challenges

Growth Drivers

Industrial Safety Portfolio: The company manufactures safety footwear for several industrial applications.

Diversified End Markets: Its customers operate across construction, oil and gas, mining, engineering, automotive, pharmaceutical, chemical and power sectors.

Manufacturing Network: The company operates manufacturing facilities across Madhya Pradesh and Uttar Pradesh.

Financial Performance: FY26 revenue from operations stood at ₹205.90 crore, while profit after tax was ₹5.85 crore.

Challenges

Customer Concentration: A significant share of the company's sales comes from its largest customers.

Sector Exposure: Revenue has meaningful exposure to defence and government-sector customers.

Raw Material Exposure: Key inputs such as PU and PVC can experience price volatility.

Operational Risks: Manufacturing involves risks associated with chemicals, machinery and industrial operations.

Utilisation of IPO Proceeds

The ₹35.93 crore IPO was entirely a fresh issue.

The proceeds are intended for:
- ₹3.62 crore towards installation of solar power plants
- ₹8.96 crore towards installation of additional machinery
- ₹8.00 crore towards working capital requirements
- General corporate purposes

Business and IPO Overview

Acme Universal Safezone 9 manufactures industrial safety footwear under the ACME brand.

Its products serve customers across multiple industrial sectors, including construction, oil and gas, mining, engineering, automotive, pharmaceuticals, chemicals and power generation.

The company reported FY26 revenue from operations of ₹205.90 crore and profit after tax of ₹5.85 crore.
Its ₹35.93 crore IPO was entirely a fresh issue and received 15.63 times subscription.

Shares listed at ₹101 on BSE SME against the ₹71 issue price and subsequently traded at ₹106.05.