IPO Synopsis

Msafe Equipments Ltd

Registered Office: F-311 3rd Flr Aditya Arcade,Plot No.30 Community Center, Delhi - 110092, New Delhi, India. Phone : +91 8882207104   Fax: Email : info@msafegroup.com Website :www.msafegroup.com

Initial public offer of upto 54,00,000 equity shares of face value of Rs. 10/- each (The "Equity Shares") of Msafe Equipments Limited ("The Company" Or "MEL" Or "The Issuer") at an offer price of Rs. 116-Rs. 123 per equity share for cash, aggregating upto Rs. 62.64-Rs. 66.42 crores ("Public Offer") comprising of a fresh issue of upto 44,00,000 equity shares aggregating to Rs. 51.04-Rs. 54.12 crores (The "Fresh Issue") and an offer for sale of upto 10,00,000 equity shares by the promoter selling shareholders, Ajay Kumar Kanoi and Vansh Aggarwal ("Offer For Sale") aggregating to Rs. 11.6-Rs. 12.3 crores, (Hereinafter Refferd As "Promoter Selling Shareholders") out of which 2,98,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 116-Rs. 123 per equity share for cash, aggregating Rs. 3.46-Rs. 3.67 crores will be reserved for subscription by the market maker to the offer (The "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. 116-Rs. 123 per equity share for cash, aggregating Rs. [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.47% and 25.01% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 116/- to Rs. 123/- per equity share of face value of Rs. 10/- each. The floor price is 11.6 times the face value of the equity shares and the cap price is 12.3 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter. Issue Opens On Closes On 28-Jan-26 30-Jan-26 Money Payable On Application Allotment 116.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 1000 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 Seren Capital Private Limited Project Financed through Current Offer (.Cr) 62.64   Post Issue Equity Share Capital (.Cr) 20.40 Issue Price () 116.00

Projects

Funding of Capital expenditure towards setup of a new Manufacturing Facility Funding of Capital expenditure for manufacturing of equipments for Rental purpose Utilization towards working capital requirements General corporate purposes

Promoted By

Pradeep Aggarwal

Ajay Kumar Kanoi

Vansh Aggarwal

Listing At

BSE - SME

Registrar to the Issue

No Data Available