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Safa Systems & Technologies IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Ernakulam and caters to Electric Equipments sector. Finshore Management Services is the merchant banker of Safa Systems & Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 3rd January 2022.
Safa Systems & Technologies IPO open date is 28th January 2022 and close date is 1st February 2022. IPO Allotment Date is 4th February 2022 and Listing date is 9th February 2022.
IPO
Size:
₹ 4.00 Cr.
Avg IPO Size (Sector Based)
: ₹
33.54 cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Ernakulam
SME
IPO so far:
3
Revenue (annualised):
₹
290.40
cr. 
PE
Ratio:
29.41x
Average Sector PE Ratio: 18.31x
Safa Systems & Technologies IPO size is ₹ 4.00 Cr. with IPO price of ₹ 10.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Safa Systems & Technologies IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Safa Systems & Technologies IPO.
Safa Systems & Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Safa Systems & Technologies IPO, based in Ernakulam, operates in the Electric Equipments sector with a focus on Business of Smartphones. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Safa Systems & Technologies IPO size is ₹ 4.00 Cr. with fresh issue size of ₹ 4.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Safa Systems & Technologies IPO is expected to be 4th February 2022, after the finalization of basis of allotment. Investors can check Safa Systems & Technologies IPO allotment status on the registrars website, Cameo Corporate Services Limited. Safa Systems & Technologies IPO refund dates are 7th February 2022.
Safa Systems & Technologies IPO is expected to be listed on 9th February 2022.
The upper price band for the Safa Systems & Technologies IPO is set at ₹ 10.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Safa Systems & Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Safa Systems & Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st February 2022. After submission, funds are blocked until the basis of allotment of Safa Systems & Technologies IPO is finalised.
The merchant banker for Safa Systems & Technologies IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Safa Systems & Technologies IPO RHP for further details.
The registrar for Safa Systems & Technologies IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Safa Systems & Technologies IPO through their official website or helpline.
Safa Systems & Technologies IPO was subscribed 52.71 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 33.54 Cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Ernakulam
SME
IPO so far:
3
Revenue (annualised):
₹ 290.26 cr.
PE
Ratio:
29.41x
Average Sector PE Ratio: 18.31x
Safa Systems & Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Safa Systems & Technologies Financial Review Page
Merchant Banker(s) of Safa Systems & Technologies IPO: Finshore Management Services Limited
Safa Systems & Technologies IPO subscription was 52.71 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Safa Systems & Technologies IPO listed at a listing price of 15.73 against the offer price of 10.00.
The current market price of Safa Systems & Technologies is 38.95.
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