We are engaged in the business of manufacturing, sales and rental of access and height-safety equipments, primarily used to facilitate safe working at heights. Our product portfolio includes aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders and fibre reinforced plastic (FRP) ... Read more

Parent organisation

Founded

Msafe Equipments Ltd.

2019

Msafe Equipments Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	15,25,000 (28.24%)
Market Makers	2,98,000 (5.52%)
Non Institutional Investors	7,74,000 (14.33%)
Qualified Institutional Buyers (QIBs)	10,17,000 (18.83%)
Retail Individual Investors (RIIs)	17,86,000 (33.07%)

Msafe Equipments Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	71.62 Cr	13.01 Cr	24.65 Cr
31 Mar 2024	48.34 Cr	6.55 Cr	11.64 Cr
31 Mar 2023	29.71 Cr	3.65 Cr	5.09 Cr

Msafe Equipments Ltd. Background

Major Events And Milestones

2019

Incorporation of our Company as “Msafe Equipments Private Limited” under the Companies Act, 2013.
2022

Won MSME Leadership Award 2022 by Dainik Jagran
2023

Commenced manufacturing operations (Aluminium Scaffolding and Ladders) from Unit – I and Unit II
2024

Commenced manufacturing operations of MS Scaffolding at 080, Ecotech-VI, Kasna, Greater Noida – 20
1310

Revenue from operations crossed ?7,000 lakhs in Fiscal 2024-25
2025

Won MSME Global Platinum Business Excellence Award
Conversion of Company into Limited Company
Shifted manufacturing operations of MS Scaffolding to Unit-III

Msafe Equipments Ltd. Object of Issues

1. Funding of Capital expenditure towards setup of a new Manufacturing Facility
2. Funding of Capital expenditure for manufacturing of equipments for rental purpose
3. Utilization towards working capital requirements
4. General corporate purposes

Msafe Equipments Ltd. IPO Listing Details

Listing Date

4 Feb 2026

ISIN

INE2B5L01011

Final Issue Price

₹ 123

Msafe Equipments Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 123.00	-
Open	₹ 144.00	-
Low	₹ 136.80	-
High	₹ 151.20	-
Last Trade	₹ 150.30	-

Msafe Equipments Ltd. Company Promoters

1. Pradeep Aggarwal
2. Ajay Kumar Kanoi
3. Vansh Aggarwal
4. Rushil Agarwal
5. Gaurav Ajay Kumar Kanoi
6. Monika Agarwal
7. Rajani Ajay Kanoi

Industry Overview

The India Scaffolding Market was valued at INR 7208.97 crores in 2024 and is expected to reach INR 12811.78 crores in 2030, registering a CAGR of 10.06% for the forecast period (2024-2030). This market expansion is anticipated to be driven by a new wave of highway expansions, metro-rail ... Read more

Msafe Equipments Ltd. Contact Details

Address: F-311, 3rd Floor, Aditya Arcade, Plot No. 30, Community Center, Preet Vihar, East Delhi, Delhi Delhi - 110092
Phone no:8882207104

Email: [email protected]

8882207104

Visit Website

Msafe Equipments Ltd. IPO Registrar

Maashitla Securities Pvt. Ltd.

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034

45121795, 45121796

Msafe Equipments Ltd. IPO Lead Manager(s)

Seren Capital Pvt. Ltd.

Office no. 601 to 605, Raylon Arcade, Kondivita, J.B. Nagar, Mumbai Maharashtra - 400059.

46011058

FAQs

When does Msafe Equipments Ltd. IPO opens and closes?

Msafe Equipments Ltd. IPO opens from 28th January to 30th January 2026.

What is the size of Msafe Equipments Ltd. IPO?

The size of the Msafe Equipments Ltd. IPO is ₹66.42 Cr.

What is the price range of Msafe Equipments Ltd. IPO?

The price range of Msafe Equipments Ltd. IPO is at ₹116 to ₹123 per share.

What is the minimum investment and lot size required for the Msafe Equipments Ltd. IPO?

The minimum investment required is ₹1,23,000 and minimum lot size is 1000 shares.

When is Msafe Equipments Ltd. IPO listing date?

The Msafe Equipments Ltd. IPO will be listed on 4th February 2026.

What is the objective of Msafe Equipments Ltd. IPO?

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