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IPO Synopsis

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IPO

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 up to 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.123 per equity share for cash, aggregating up to Rs.66.42 crores ("Public Offer") comprising of a fresh issue of up to 44,00,000 equity shares aggregating to Rs. 54.12 crores (The "Fresh Issue") and an offer for sale of up to 10,00,000 equity shares by the promoter selling shareholders, Ajay Kumar Kanoi and Vansh Aggarwal ("Offer For Sale") aggregating to 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.123 per equity share for cash, aggregating 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.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. 123 per equity share of face value Rs. 10/- each. The floor 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
123.00 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) 66.42  
Post Issue Equity Share Capital (.Cr) 20.40
Issue Price () 123.00
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