About Msafe Equipments Ltd IPO
Msafe Equipments Ltd, incorporated in 2019, is engaged in the manufacturing, sale, and rental of access and height-safety equipment used for safe working at elevated levels. The company operates multiple facilities in Greater Noida, Uttar Pradesh, supporting its production and service capabilities.
Its products are used across a variety of industries, including construction, maintenance, installation, repair, and infrastructure development. The company focuses on providing practical safety solutions that meet both operational and regulatory requirements.
Product Portfolio
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Access & Safety Equipment: Includes aluminium scaffolding, mild steel (MS) scaffolding, aluminium ladders, and FRP ladders designed for safe working at heights.
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Rental Solutions: Offers equipment on a rental basis, allowing clients to use safety products without large upfront investments.
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Industrial Applications: Products are used across sectors such as construction, HVAC, MEP, electrical works, fire safety, interiors, and warehousing.
Operations & Network
Msafe operates three manufacturing facilities in Greater Noida and supports its distribution through a network of 17 warehouses across multiple states, including Maharashtra, Karnataka, Tamil Nadu, Gujarat, Punjab, and West Bengal. This network helps in the efficient storage, dispatch, and delivery of products across locations.
In FY25, the company supplied its products across 22 states and 3 union territories, indicating a wide geographic reach.
Operations & Workforce
As of December 31, 2025, the company had a workforce of 350 permanent employees and 66 contractual staff, supporting its operations, logistics, and overall business functions.
Competitive Strengths
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Strong presence in access and height-safety equipment
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A combination of manufacturing, sales, and rental models
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Wide distribution network across multiple states
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Ability to serve diverse industrial sectors
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Focus on safety, efficiency, and scalable operations
Msafe Equipments Ltd, incorporated in 2019, is engaged in the manufacturing, sale, and rental of access and height-safety equipment used for safe working at elevated levels. The company operates multiple facilities in Greater Noida, Uttar Pradesh, supporting its production and service capabilities. Its products are used across a variety of industries, including construction, ma
Msafe Equipments IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 19,37,500 crores |
| Non-Institutional Investors (NIIs) | 15% | 5,81,250 crores |
| Retail Individual Investors (RIIs) | 35% | 13,56,250 crores |
Msafe Equipments IPO Strengths & Weaknesses
Strong growth in revenue and profitability.
High EBITDA and PAT margins.
Diversified product portfolio in height safety equipment.
Pan-India presence with 17 warehouses.
Growing demand from infrastructure and construction sectors.
Scalable rental and manufacturing business model.
Msafe Equipments IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 02 Feb '26 | 04 Feb '26 | 03 Feb '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 38,75,000 shares (aggregating up to ₹2,46,000 crores) |
| Fresh Issue | 5 shares (aggregating up to ₹50 crores) |
| Offer for Sale | 1,00,000 shares of ₹10 (aggregating up to ₹10,00,000 crores) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 73 shares |
Msafe Equipments IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Msafe Equipments ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Msafe Equipments IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Msafe Equipments IPO Contact & Registrar Details
Contact Details
Address
F-311, 3rd Floor Aditya Arcade Plot No. 30 Community Center, Preet Vihar, East Delh New Delhi
Phone Number
Website
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
Msafe Equipments Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Seren Capital Pvt.Ltd. |