Safe Enterprises IPO: Moderate Response So Far on Day 2

The ₹52 crore IPO of Safe Enterprises Ltd., a micro and small enterprise engaged in industrial safety solutions, continued to receive moderate response on Day 2 (June 26, 2025) of bidding.

While retail investor participation is improving, interest from non-institutional and QIB segments remains limited as of now. Market experts expect last-day bidding to improve overall demand.

Subscription Status (As of Day 2)

The IPO will close on June 27, 2025, and final demand from institutional investors will be key in determining the full subscription.

GMP Trends: What the Market Is Indicating

As per sources tracking the grey market:

• Safe Enterprises IPO GMP is currently between ₹6 and ₹8 per share

• This suggests a potential listing premium of 5–6% over the upper price band of ₹100

While this GMP reflects decent investor interest, the SME nature of the issue and lower institutional response may keep listing gains conservative.

Safe Enterprises IPO: Key Issue Details

About Safe Enterprises Ltd.

Safe Enterprises is involved in the manufacturing and supply of industrial safety equipment, including:

• Protective gear

• Fire safety systems

• Workplace compliance tools

The company caters to a variety of industries like construction, logistics, energy, and chemicals. IPO proceeds will be used for:

• Expanding manufacturing capacity

• Working capital

• General corporate expenses

Should You Subscribe to Safe Enterprises IPO?

Positives:

• Niche sector in industrial safety and compliance

• Improving retail traction

• Reasonable GMP and valuation for an SME IPO

Risks:

• SME listing is less liquid, with price volatility

• Limited institutional participation

• Company size and scale relatively small

Analyst View:
Suitable for risk-tolerant retail investors aiming for listing gains. Long-term investment should be based on business visibility and order pipeline clarity.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to consult with certified financial advisors and read all documents carefully before making investment decisions. Market conditions are subject to change.

The Upcoming IPOs in this week and coming weeks are Crizac, Silky Overseas, Vandan Foods, Pushpa Jewellers, Cedaar Textile, Adcounty Media India, Marc Loire Fashions, Neetu Yoshi.

The Current active IPO are Moving Media Entertainment, Valencia India, PRO FX Tech, Ace Alpha Tech, Indogulf Cropsciences, Suntech Infra Solutions, Rama Telecom, Supertech EV, Sambhav Steel Tubes, HDB Financials, Abram Food, Shri Hare-Krishna Sponge Iron, Icon Facilitators, Globe Civil Projects, Ellenbarrie Indutrial Gases, Kalpataru, AJC Jewel.

The Closed IPOs are Aakaar Medical Technologies, Safe Enterprises Retail Fixtures, Mayasheel Ventures.

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