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News Details

( As on 28/10/2025 10:50)

Safecure Services announces launch of initial public offering

Safecure Services Ltd. has announced public offering of 3000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 92.00 per share. The gross proceeds of the issue are expected to be Rs 3,060.00 lakhs.

The company's initial public offer (IPO) will open on 29 October 2025 and is expected to close on 31 October 2025, subject to customary closing conditions.

The IPO includes a fresh Issue of 3000000 Equity Shares of the Company at an price of Rs 102.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Safecure Services Ltd. anticipates using the proceeds of the issue for .

Sun Capital Advisory Services Pvt. Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.