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
Access & Safety Equipment: Includes aluminium scaffolding, mild steel (MS) scaffolding, aluminium ladders, and FRP ladders designed for safe working at heights.
Rental Solutions: Offers equipment on a rental basis, allowing clients to use safety products without large upfront investments.
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
Strong presence in access and height-safety equipment
A combination of manufacturing, sales, and rental models
Wide distribution network across multiple states
Ability to serve diverse industrial sectors
Focus on safety, efficiency, and scalable operations
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 1937500 crores |
| Non-Institutional Investors (NIIs | 15% | 581250 crores |
| Retail Individual Investors (RIIs) | 35% | 1356250 crores |
Msafe Equipments Ltd’s total income 0 by 0.00% and total expenses 0 by 0.00%, resulting in an EBITDA 26.08 by 72.49% and a profit after tax (PAT) 0 by 0.00% between March 31, 2025 and March 31, 2026.
9.1931 March 2026 | 15.1231 March 2025 | 26.0831 March 2024 |
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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.
| Allotment Date | Listing Date |
|---|---|
| 02 Feb '26 | 04 Feb '26 |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Msafe Equipments Ltd ipo has been designed to ensure broad participation while maintaining optimal price discovery.
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