Safecure Services IPO
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Safecure Services IPO details
Schedule of Safecure Services
| Issue open date | 29 Oct 2025 |
| Issue close date | 31 Oct 2025 |
| UPI mandate deadline | 31 Oct 2025 (5 PM) |
| Allotment finalization | 03 Nov 2025 |
| Refund initiation | 04 Nov 2025 |
| Share credit | 04 Nov 2025 |
| Listing date | 06 Nov 2025 |
| Mandate end date | 15 Nov 2025 |
| Lock-in end date for anchor investors (50%) | 03 Dec 2025 |
| Lock-in end date for anchor investors (remaining) | 01 Feb 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Safecure Services
Safecure Services provides integrated solutions in private security, e-surveillance, facility management, and corporate interior fit-outs. Through its wholly owned subsidiary, Safesense Tech Private Limited, it delivers advanced e-surveillance and real-time monitoring services, primarily catering to ATMs and bank branches across the country. With a presence spanning multiple locations, the company serves a diverse clientele that includes private and public sector enterprises, financial institutions, and multinational corporations.
The company’s operations are supported by a trained workforce and technology-driven processes that ensure efficiency, transparency, and timely service delivery. It offers a broad portfolio including manned guarding, ATM management, electronic security, housekeeping, and business support services, providing clients with a single-point solution for multiple operational needs.
It holds multiple ISO certifications for security, sanitation, and infrastructure services and continues to invest in training, process standardisation, and data-based decision systems to scale its business sustainably across India.
Financials of Safecure Services
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹30.60 crores |
| Fresh Issue | ₹30.60 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment / pre-payment of certain borrowings availed by the Company | 4.75 (15.52%) |
| Repayment / pre-payment of certain borrowings availed by subsidiary (via loans/advances) | 3.50 (11.44%) |
| Funding capital requirements | 13 (42.28%) |
| General Corporate Purposes | 4.50 (14.71%) |
Strengths
- Diverse service portfolio spanning security, facility management, and surveillance solutions.
- Experienced promoter with 11+ years of domain expertise and professional certifications.
- Advanced technology integration in e-surveillance, automation, and systems design.
- Strong pan-India presence with 12 offices covering 12 districts.
- Broad client base across corporate, institutional, and public sectors ensuring revenue stability.
Risks
- Operational risks due to high employee exposure in diverse physical environments.
- Dependence on skilled manpower; attrition may impact service delivery and reputation.
- High working capital requirements; delays in client payments may affect liquidity.
- Intense competition in security and facility management could pressure margins.
- Compliance risks related to labor, safety, and environmental regulations.
Allotment Status for Safecure Services
To check your allotment status – click here.
Subscription Figures for Safecure Services
As per media reports (Link), the Grey Market Premium (GMP) of Safecure Services is reported at ₹0 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on October 31, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| NII | 14.24 | 4.55 | 0.32x |
| Retail | 14.26 | 47.14 | 3.31x |
| Total | 28.50 | 51.68 | 1.81x |