Safecure Services Ltd Logo

Safecure Services Ltd IPO

NSELot: 1000

LISTEDSME
Issue Price102
Listing81.6
Current31.58
Price Band
131 - ₹138
Lot Size
1,000
Issue Size
₹169.74 Cr
GMP
0
Subscription
1.07x

IPO Schedule

1
Open
20 Jun
2
Close
24 Jun
3
Allotment
3 Nov
4
Listing
6 Nov

About Safecure Services Ltd

Safecure Services Ltd is engaged in providing security services. The company offers manned guarding, facility management, and other security solutions. They primarily cater to businesses requiring comprehensive security and support services.

Subscription Status

QIB
0.00x
NII
0.23x
Retail
1.92x
CategoryDay 3Day 2Day 1
QIB0.00x0.00x0.00x
NII0.32x0.28x0.23x
Retail3.31x2.41x1.92x
Total1.81x1.34x1.07x

Risk Factors

SME IPOs are inherently more volatile than mainboard IPOs, carrying higher investment risk.
Dependence on key clients could impact revenue if contracts are not renewed or are terminated.
Intense competition in the security services industry could put pressure on margins.

Promoters & Management

The Board of Directors of Safecure Services Limited presently consists of six (6) Directors including three (3) Non-Executive Independent Directors and three (3) Executive Directors, including one (1) Woman Executive Director. Shailendra Mahesh Pandey is the Chairman & Managing Director and also the Promoter of our Company. Ranju Shailendra Pandey is an Executive Director of our Company. Nikit Shailendra Pandey is the Whole-time Director of our Company. Ramesh Kumar Jain is a Non-Executive Independent Director of our Company. Subhag Rai Mehta is a Non-Executive Independent Director of our Company. Devendra Kumar Pandey is a Non-Executive Independent Director of our Company. Harshita Singhal is the Company Secretary and Compliance Officer of our Company. Revati Raman Sharma is the Chief Financial Officer of our Company. Seemant Sharma is the Senior Vice President (Sales) of our Company. The company has implemented standardized recruitment, training, deployment, operations and services related quality measurement and business analysis systems and processes that we believe enable us to develop a scalable business model, with quality service delivery.