Safety Controls & Devices IPO Opens: Powering Infrastructure & Safety—Is This EPC Play a Secure Bet?
Safety Controls & Devices launches its ₹48 crore IPO today, April 6, 2026. With a price ba...
Read ArticleSafety Controls & Devices IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 5 April 2026 | IPO Close Date | 7 April 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 12 April 2026 |
| Price Band | ₹75 - ₹80 per share | Face Value | ₹10 per share |
| Market Lot Size | 1600 Shares | Min Investment (Retail) | ₹2,56,000 |
| Total Issue Size | ₹80 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 5 April 2026 | Confirmed |
| IPO Close Date | 7 April 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 12 April 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 3,200 Shares | ₹2,56,000 |
| Retail (Max) | 2 Lots | 3,200 Shares | ₹2,56,000 |
| S-HNI (Min) | 3 Lots | 4,800 Shares | ₹3,84,000 |
| S-HNI (Max) | 7 Lots | 11,200 Shares | ₹8,96,000 |
| B-HNI (Min) | 8 Lots | 12,800 Shares | ₹10,24,000 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 3 Apr 2026 | ₹0 | ₹80.00 | +0.00% |
Safety Controls & Devices IPO is expected to attract investor attention as the company operates in the industrial safety and control equipment segment. The company focuses on manufacturing and supplying safety devices, control panels, and automation solutions used across industries such as manufacturing, power, and infrastructure. With growing demand for workplace safety and regulatory compliance, the company is positioned to benefit from increasing industrial investments. The IPO aims to raise funds for business expansion, working capital requirements, and strengthening its market presence. Investors may consider this IPO as a niche industrial play with exposure to the growing safety equipment and automation sector.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | — Shares | —% |
| QIB (Ex. Anchor) | — Shares | 50% |
| NII | — Shares | 15% |
| Retail | — Shares | 35% |
| Anchor Bidding Date | 2026 |
|---|---|
| Shares Offered | — Shares |
| Anchor Size | ₹ — Cr. |
| Lock-in Period (50% Shares - 30 Days) | 2026 |
| Lock-in Period (50% Shares - 90 Days) | 2026 |
| Particular | Dates |
|---|---|
| IPO Open Date | 06 Apr 2026 |
| IPO Close Date | 08 Apr 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 13 Apr 2026 |
Note: The timeline for Safety Controls & Devices IPO is tentative and subject to change.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,38,26,999 | 66.53% |
| Promoter Holding Post Issue | 1,98,26,999 | 46.40% |
| Promoters |
|---|
| Rajnish Chopra, Anjali Chopra and Abhishek Chopra |
To Be Updated Soon
Safety Controls and Devices Limited, founded in 2015, offers complete engineering project services. The firm offers complete EPC services for substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush.
From design, supply, installation, testing, to setup, the firm gets involved in every step of transmission substations. Based in Lucknow, Uttar Pradesh, the company mainly works with government organizations.
Most of the firm’s customers are government and private entities, such as State and central government power utilities, Private power entities, and Renewable energy developers. Currently, Safety Controls runs 19 substations and is planning to expand its business into large solar projects and EV charging stations. Moreover, the firm has experience of over 30 years and has completed various turnkey projects.
To Be Updated Soon
To Be Updated Soon
To Be Updated Soon
Safety Controls & Devices IPO opens for subscription on 5 April 2026 and closes on 7 April 2026.
The price band for Safety Controls & Devices IPO is set at ₹75.00 to ₹80.00 per share.
The minimum market lot size is 1600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 3,200 Shares (₹2,56,000).
The latest Grey Market Premium (GMP) for Safety Controls & Devices IPO is ₹3.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Safety Controls & Devices IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 12 April 2026.
The registrar details will be confirmed in the official prospectus.