Mumbai: Safe Enterprises Retail Fixers Limited, which is working in the field of design, production and installation for retail stores, has announced her Initial Public Offering on the NSE Emerge Platform.
The IPO will be closed on June 3 and closed on June 7. For this, the price range has been fixed from 19 to 90 per equity shares and each share is 90.

This is a completely fresh issue and a total of 5,3,3 equity shares will be issued and the target is to raise Rs. The issue will be managed by Hem Securities Limited and will be watching Mashit as a registrar.

The minimum application is the lot of 5 shares. The distribution of total shares is as follows

For QIB: 1,5,3 shares

For NII: 1,3,3 shares

For RII: 1,3,3 shares

For Market Maker: 1,3,3 shares

The capital being set up will be used for the following purposes

To set up an integrated product unit in Thane, 9.95 lakh

Assistant Company Safe Enterprises Retail Technologies Private Limited Investment in 19.5 lakh

For the company and its assistant company, executive capital is required for the requirement of 90 lakh and 90 lakh respectively

For general corporate purposes

Company Introduction

The Safe Enterprises was established in 1979 as a partnership firm. In July 7, she became a public lorit company and was named Safe Enterprises Retail Fixtures. There are two assistant organizations of the company – Safe Enterprises Retail Technologies Private Limited and Inscite Advisory Services LLP.

The company is headquartered in Navi Mumbai and three of its production is there. An Experience Center also operates at Kochi. The company provides customized and technology based fixtures for various retail segment.

Financial performance

FY25 Total Revenue 19,3.5 lakh

Ebitda ₹ 5,210.75 lakh (37.7%)

Net profit 90, 19.5 lakh (5.9%)

ROE: ७७.५४%

Year: ६९ .१०%

FY23 – FY25 Revenue Cagr: 5.5%

FY23–FY25 PAT CAGR: ८०.०४%

Management

Shsilim Shabbir Merchant – Chairman and MD (3 years experience)

Mikadad Merchant – Full -time Director and CFO (3 years experience)

Huzifa Merchant – Full -time Director (3 years of experience)