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Safety Controls & Devices

Listed

IPO Timeline

Issue open date

6 Apr 2026

Issue close date

8 Apr 2026

UPI mandate deadline

8 Apr 2026

Allotment finalization

9 Apr 2026

Refund initiation

10 Apr 2026

Share credit

10 Apr 2026

Listing date

13 Apr 2026

Mandate end date

23 Apr 2026

Lock-in end date for anchor investors (50%)

9 May 2026

Lock-in end date for anchor investors (remaining)

8 Jul 2026

Key Dates

Open
6 Apr 2026
Close
8 Apr 2026
Listing
13 Apr 2026

Quick Stats

Issue Size:48cr
Lot Size:1600 shares

About the Company

Safety Controls & Devices Limited is an engineering, procurement and construction (EPC) company based in Lucknow, engaged in executing turnkey infrastructure projects. The company provides services including design, engineering, supply, erection, testing and commissioning of transmission substations, along with installation of firefighting systems for substations and other facilities. Its operations have expanded from fire protection equipment and systems to power infrastructure projects such as substations up to high voltage levels, and further into renewable energy through solar power plant construction. The company also undertakes projects in sectors such as industrial, commercial and healthcare infrastructure. Revenue is primarily generated from EPC contracts, including projects awarded by government and private utilities. Over time, it has diversified its capabilities to offer integrated engineering solutions across multiple sectors, positioning itself as a multi-disciplinary project execution company.

Strengths

  • Experienced EPC contractor with capabilities in transmission substations and firefighting systems.
  • Diversified business across power infrastructure, fire protection, renewable energy, and healthcare projects.
  • Track record of executing turnkey projects, including substations up to high voltage levels.
  • Established relationships with government and public sector clients through tender-based projects.
  • Technical expertise enabling participation in large-value infrastructure contracts.

Risks

  • Significant dependence on government contracts and tender-based project awards.
  • Revenue concentration in EPC projects exposes the business to project execution risks.
  • Exposure to delays in project execution may impact revenues and profitability.
  • Working-capital-intensive operations require continuous funding.
  • Business depends on the timely receipt of payments from clients, including public sector entities.

Safety Controls & Devices IPO – Frequently Asked Questions

  • The price band for the Safety Controls & Devices IPO is set at ₹75 to ₹80 per share.
  • The Safety Controls & Devices IPO opens on April 6, 2026 and closes on April 8, 2026.
  • The tentative listing date for the Safety Controls & Devices IPO is April 13, 2026.
  • You can apply for the Safety Controls & Devices IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Safety Controls & Devices, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Safety Controls & Devices IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).