safety-ipo

Safety Controls & Devices IPO

  • Status: Upcoming
  • RHP:
  • ₹ 75 / 1,600 shares

    Minimum Investment

Safety Controls & Devices IPO Details

  • Open Date

    06 Apr 2026

  • Close Date

    08 Apr 2026

  • Listing Date

    13 Apr 2026

  • IPO Price Range

    ₹ 75 to ₹80

  • IPO Size

    ₹ 48 Cr

  • Listing Exchange

    BSE SME

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Last Updated: 01 April 2026 5:20 PM by 5paisa

Safety Controls and Devices Limited is an EPC company specialising in substations, solar projects, firefighting systems, and hospital infrastructure for the Ministry of Ayush. Headquartered in Lucknow, it primarily serves government bodies, including central and state utilities, along with select private and renewable energy clients.  

Established in: 2015 

Managing Director: Mr. Rajnish Chopra

Peers: 

Viviana Power Tech Limited 

Oriana Power Limited 

Safety Controls & Devices Objectives

1. Repayment or prepayment of certain borrowings amounting to ₹6.00 Cr 

2. Funding working capital requirements of ₹31.50 Cr 

3. Remaining proceeds to be used for general corporate purposes 

Safety Controls & Devices Ltd IPO Size 

Types Size
Total IPO Size ₹48 Cr 
Offer For Sale
Fresh Issue ₹48 Cr 

Safety Controls & Devices Ltd IPO Lot Size 

Application Lots Shares Amount (₹)
Retail (Min) 2 3,200 2,40,000‬ 
Retail (Max) 2 3,200 2,56,000 
S - HNI (Min) 3 4,800  3,60,000 
S - HNI (Max)  7 11,200  8,96,000 
B - HNI (Min)  8 12,800  9,60,000 

Profit and Loss

Balance Sheet

Particulars (In ₹ Crores) FY23 FY24 FY25
Revenue 49.25  45.70 103.50 
EBITDA 2.63  8.27  17.27 
PAT 0.43 4.01  8.99 
Particulars (In ₹ Crores) FY23 FY24 FY25
Total Assets 66.36  74.99  120.28 
Share Capital 9.50  10.50  13.30 
Total Liabilities 66.36  74.99  120.28 
Cash Flows (₹ Crores) FY23 FY24 FY25
Net Cash Generated From / (used in) Operating Activities - 13.28  -10.51  -7.43 
Net Cash Generated From / (used in) Investing Activities 12.63  2.05  -6.42 
Net Cash Generated From / (used in) Financing Activities 0. 57  8.55  13.74 
Net Increase (Decrease) in Cash and Cash Equivalents -0.07  0.08  -0.10 


Strengths

1. Experienced management team supported by skilled and trained workforce 

2. Strong technical capabilities across diverse business segments 

3. Stable supplier network ensuring smooth availability of materials and equipment

Weaknesses

1. High initial capital requirement for equipment and project execution 

2. Longer project cycles leading to increased working capital needs 

3. Heavy dependence on government clients 

Opportunities

1. Rising global focus on sustainability and renewable energy 

2. Expansion potential in underserved markets and high-growth sectors 

3. Scope for inorganic growth through acquisitions and partnerships 

Threats

1. Changing environmental and safety regulations increasing compliance burden 

2. Intense competition from established players and new entrants 

3. Regulatory and policy changes impacting project viability  

1. Strong technical expertise with capability to execute high-capacity substation projects 

2. Established track record of securing and executing government contracts 

3. Long-standing relationships with OEMs and suppliers enabling cost efficiencies 

4. Centralised operations ensuring faster decision-making and consistent execution quality 

5. Experienced management team supported by a skilled and specialised workforce 

1. Strong focus on renewable energy with plans to expand into wind, hydrogen, and energy storage solutions 

2. Early mover advantage in hybrid substations offering efficient, space-saving power infrastructure solutions 

3. Positioned to benefit from government support and subsidies in the renewable energy sector 

4. Expanding geographical presence to tap new markets and diversify revenue streams 

5. Opportunity to scale operations with increasing demand for sustainable and modern power solutions 

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FAQs

Safety Controls & Devices Ltd IPO opens from April 6, 2026 to April 8, 2026. 

The size of Safety Controls & Devices Ltd IPO is approximately ₹48 crore. 

The price band of Safety Controls & Devices Ltd IPO is fixed at ₹75 to ₹80 per share. 

To apply for Safety Controls & Devices Ltd IPO, follow the steps given below: 

●    Login to your 5paisa demat account and select the issue in the current IPO section     

●    Enter the number of lots and the price at which you wish to apply for the Safety Controls & Devices Ltd. IPO.     

●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.     

You will receive a mandate notification to block funds in your UPI app. 

The minimum lot size is 1600 shares, requiring an investment of approximately ₹1,20,000‬.  

The share allotment date of Safety Controls & Devices Ltd IPO is April 9, 2026. 

The Safety Controls & Devices Ltd IPO will likely be listed on April 13, 2026. 

Sobhagya Capital Options Pvt.Ltd is the book-running lead manager. 

1. Use of ₹6.00 Cr towards repayment or prepayment of existing borrowings 

2. Allocation of ₹31.50 Cr for meeting working capital needs 

3. Balance funds to be utilised for general corporate purposes