Safecure Services IPO

About Safecure Services IPO

The IPO of Safecure Services comprises a fresh issue of up to 30,00,000 equity shares aggregating up to ₹30.60 crores. It’s a fixed price issue. The price band is ₹102 per share. The IPO opens on October 29, 2025 and closes on October 31, 2025.

The listing date is on November 6, 2025 and the allotment date is on November 3, 2025. The credit of shares to the Demat accounts of the allottees will take place on November 4, 2025, while initiation of refunds will take place on November 4, 2025.

Safecure Services is engaged in providing services relating to private security, e-surveillance, facility management and also corporate interior fit outs work in India. Through its wholly owned subsidiary, Safesense Tech, it provides e-surveillance services such as distinctive monitored intrusion alarm systems and services. It also provides services of real-time monitoring specially for ATMs and bank branches.

Objectives of Safecure Services IPO

The company proposes to utilise the IPO proceeds for:

• Repayment / pre-payment, in full or part, of certain borrowings
  
• Repayment / pre-payment, in full or part, of certain borrowings availed by its wholly owned subsidiary
  
• Part funding working capital requirement
  
• General corporate purposes
  

Industry Outlook

In recent years, the Indian safety and security industry has experienced steady growth, with some segments estimated to be growing 15 to 20 percent annually. Population growth, urbanisation, industrialisation, and expansion of infrastructure and mass transportation systems are all driving expectations for greater safety and security measures, particularly linked to critical national infrastructure projects.

Market analysts estimate the Indian CCTV camera market at USD 4.38 billion in 2022, with a projected growth rate of 17% reaching USD 13.08 billion by 2029. At the same time, India’s surveillance systems market is currently estimated to be a $2.5 billion industry. It largely comprises video surveillance and is expected to grow at 25-30% annually.

Safecure Services Company Information

Safecure Services is engaged in providing services relating to private security, e-surveillance, facility management and also corporate interior fit outs work in India. Through its wholly owned subsidiary, Safesense Tech, it provides e-surveillance services such as distinctive monitored intrusion alarm systems and services (i.e. central intrusion detection and prevention services) in India.

It provides services of real-time monitoring specially for ATMs and bank branches (i.e. site monitored 24/7 in real-time by its e-surveillance professionals to raise alerts the moment they detect any criminal or suspicious or abnormal activity).

Strengths of Safecure Services

• Diverse portfolio of services
  
• Experienced team of professionals with domain expertise and successful track record
  
• Advanced technological integration
  
• Pan India presence
  
• Diverse customer base
  
• Optimum combination of human resource pool
  
• ISO certification
  

Risks of Safecure Services

• Business is subject to operational risks and any failure to manage such risk may have an adverse impact on financials
  
• Any decrease in the demand for security services may have an adverse impact on business
  
• An increase in employee costs may impact profitability
  
• Loss of one or more customers could adversely impact business and results of operations
  
• Subjected to risk related to service-related claims and losses or employee disruptions which may have an adverse effect on reputation
  
• Inability to attract and retain skilled manpower could have an adverse impact on growth, business and financial condition
  

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Manager

• IPO Registrar: MUFG Intime India
• Book Running Lead Manager: Sun Capital Advisory Services

Safecure Services Business Model

Safecure Services diverse portfolio of services comprises:

• Security services comprising of manned guarding, event management, ATM management and providing technology backed security services
  
• E-surveillance and monitoring of ATM and bank branches comprising electronic security services and alarm monitoring and response services, including electronic security and surveillance solutions with trained manpower
  
• Repair and maintenance of ATMs and facility management services comprising housekeeping services and business support services
  
• Interior fit outs work for corporate
  

The company believes that its extensive portfolio of services offering enables it to grow its customer relationships and scope of engagements and serve as a single point of contact for multiple services.

Safecure Services Company Growth Trajectory

The revenue from operations of Safecure Services grew from ₹47.5394 crores in FY 23 to ₹73.1015 crores in FY 25, while its total income grew from ₹47.7377 crores in FY 23 to ₹73.2686 crores in FY 25. Diverse portfolio of services and pan India presence have helped in the company’s growth over the years.

Safecure Services Market Position

Safecure Services has its headquarters in Mira Road, Thane and has a widespread network consisting of offices in many cities and towns in India, through which it covers many districts. It believes its widespread network of offices results in greater focus on, and attention to its customers as well as higher quality and customised service delivery. At the same time, its wide presence enables it to offer services to customers who prefer a single service provider for their operations at multiple locations.

It’s an ISO 45001:2018, 27001:2013, 14001:2015, 9001:2015 certified company for providing security services, cleaning and sanitation services, manpower outsourcing services, human resources outsourcing, total infra solutions and fire marshals services.

How to Check Allotment Status of Safecure Services IPO?

1. Visit the Registrar’s Website

• Visit the website of MUFG Intime India
• Choose ‘Public Issues’ from Investor Services dropdown
• Choose the name of the company from ‘Select Company’ dropdown
• Enter any of these - PAN Number, Application Number, DP/Client ID, Account Number / IFSC
• Click on Submit to check the status

2. Check on BSE Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the ‘Investors’ tab. Under ‘Investors’, click on ‘IPO’. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Select ‘Equity’ from the dropdown menu
  
• Choose ‘Safecure Services’ in the next dropdown
  
• Enter your application number
  
• Enter your PAN
  
• Click ‘Search’ to know allotment status
  

How to Apply for the Safecure Services IPO?

To apply for this IPO:

• Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  
• Specify IPO details: Enter the number of lots and the price you wish to apply for.
  
• Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Mandate Notification: Your UPI app will receive a mandate notification to block funds.
  
• Approve Request: Your funds will be blocked once you approve the mandate request on your UPI.