Quick Stats
Grey Market Premium
₹0
0.00%
Subscription
1.26x
Allotment Status
Pending
Last Updated
09-04-2026 07:45 AM
Safety Controls & Devices Ltd IPO – Live GMP, Review & Analysis
Safety Controls & Devices Ltd IPO GMP Today - ₹0 (0.00%)
Last updated: 09-04-2026 07:45 AM
Grey Market Premium Analysis
As of today, the latest Grey Market Premium (GMP) for Safety Controls & Devices Ltd IPO is ₹0. Considering the upper price band of ₹80, the estimated listing price is ₹80 (Cap Price + GMP). This indicates a listing gain of 0.0% per share. The GMP trend has been Stable over the last 3 days.
GMP Trend Analysis
| Date | GMP Price | Est. Listing Gain | Trend |
|---|---|---|---|
| 09-04-2026 | 0 | ₹0 | Neutral |
| 08-04-2026 | 0 | ₹0 | Neutral |
| 07-04-2026 | 0 | ₹0 | Neutral |
| 06-04-2026 | 0 | ₹0 | Neutral |
| 05-04-2026 | 0 | ₹0 | Neutral |
Safety Controls & Devices Ltd IPO Date, Price Band & Lot Size
Price Band
₹75-80
Lot Size
1600 shares
Cutoff Investment
128000
Promoter Holding
Open
Apr 6, 2026
Close
Apr 8, 2026
Allotment Date
Apr 9, 2026
Listing Date
Apr 13, 2026
Issue Size
48
Safety Controls & Devices Ltd IPO Review: Business Model
*This section provides a detailed description of Safety Controls & Devices Ltd IPO's business operations and market position.
Safety Controls & Devices Ltd IPO Financial: Revenue, Profit & Margins
Key financial metrics over recent years.
*Values in Cr
Revenue
₹103 Cr
Net Profit
₹9 Cr
EBITDA
₹17 Cr
ROE
30.14%
ROCE
37.39%
Debt/Equity
0.80x
PAT Margin
8.77%
Peer Comparison
Engineering, Procurement, and Construction (EPC) • FY25
| Company | Revenue (₹ Cr) | PAT (₹ Cr) | EBITDA Margin | P/E | Market Cap (₹ Cr) | Comment |
|---|---|---|---|---|---|---|
Safety Controls & Devices Ltd (IPO Company) IPO Company | 103.5 | 8.99 | 16.84% | 15.51 | 158.62 | Operates as an EPC contractor primarily focusing on power transmission substations, solar plants, fire safety systems, and healthcare infrastructure for government entities. |
Viviana Power Tech Limited | 218.96 | 19.78 | 14.70% | 59.47 | 1,176.31 | Engages in power transmission, distribution, and industrial electrical EPC projects, alongside manufacturing distribution transformers. |
Oriana Power Limited | 1,019 | 163.34 | 22.61% | 31.68 | 5,174.61 | Specializes in executing utility-scale solar power projects and operates under the Independent Power Producer model for commercial and industrial clients. |
Rulka Electricals Limited | 79.54 | 2.26 | 5.49% | 24.94 | 32.81 | Provides electrical contracting and firefighting systems installation, with a recent strategic expansion into extra high voltage transmission and distribution networks. |
Analysis & Interpretation
The peer group comprises companies operating across varied segments of the EPC sector, including power transmission, renewable energy, and industrial safety. The observed differences in P/E ratios, EBITDA margins, and overall valuations reflect the distinct business models, scale of operations, specific product mix, regulatory environments, and varying commodity exposure of each entity.
Note: The peer group includes companies with different business models and commodity exposure. Financial metrics are provided for sectoral context and may not represent direct business equivalence.
Source: Company annual reports and publicly available financial data (FY25).
This peer comparison is for informational purposes only and is based on publicly available financial data. It does not constitute investment advice or a recommendation to buy or sell any security.
IPO Objectives (Use of Funds)
Repayment of Borrowings
₹6.00 Cr(12.5%)Utilized for the repayment or prepayment, in part or in full, of certain existing borrowings.
Working Capital Requirements
₹31.50 Cr(65.6%)Directed toward meeting the incremental working capital requirements of the company.
General Corporate Purposes
Balance Amount(N/A)Remaining funds will be deployed for general corporate purposes and issue expenses.
Note: Objectives are as per offer documents. Utilisation may vary.
Source: DRHP
For informational purposes only.
SWOT Analysis (Pros & Cons)
Comprehensive analysis of Strengths, Weaknesses, Opportunities, and Threats.
Strengths
- •Diversified EPC portfolio spanning power transmission, solar, and healthcare infrastructure.
- •Demonstrated capability in executing high-voltage substation projects up to 765 kV.
- •End-to-end internal project management and execution capabilities.
Weaknesses
- •Negative operating cash flows indicating substantial working capital requirements.
- •High dependency on state and central government tenders for revenue generation.
Opportunities
- •Growing government focus on renewable energy and utility-scale solar installations.
- •Expansion of public healthcare infrastructure initiatives under the Ministry of Ayush.
Threats
- •Intense competition in the bidding process for government EPC contracts.
- •Potential project execution delays due to regulatory or administrative bottlenecks.
IPO Video Analysis (External)
Detailed analysis of Safety Controls & Devices Ltd IPO Analysis by market experts.
*Video embedded for convenience. Click the play button to load the content from YouTube.
Disclaimer: This video is shared for informational and educational purposes only. The views expressed are those of the respective creator and do not constitute investment advice.