Safe Enterprises Retail Fixtures Ltd - IPO

Safe Enterprises Retail Fixtures Ltd IPO Details

Initial public offer of upto 1,23,00,000 equity shares of face value of Rs. 5/- each (the Equity Shares) of Safe Enterprises Retail Fixtures Limited (the Company or the Issuer) at an issue price of Rs. 138 per equity share (Including Share Premium of Rs. 133 per Equity Share) for cash, aggregating up to Rs. 169.74 crores (Public Issue) out of which 6,24,000 equity shares of face value of Rs. 5/- each, at an issue price of Rs. 138 per equity share for cash, aggregating Rs. 8.61 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 1,16,76,000 equity shares of face value of Rs. 5/- each, at an issue price of Rs. 138 per equity share for cash, aggregating upto Rs. 161.13 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.39 % and 25.05 % respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Funding the capital expenditure requirements towards setting up of a new mfg unit. Investment in its subsidiary Safe Enterprises Retail Technologies Pvt Ltd for financing its capital exp requirements in relation towards installation of additinal plant and machinery. To meet working capital requirements of the company. Investment in its subsidiary Safe Enterprises Retail Technologies Pvt Ltd to meet working capital requirements. General corporate purposes.

Safe Enterprises Retail Fixtures Ltd Contact Details

Safe Enterprises Retail Fixtures Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - compliance@safeenterprises.com

Website - www.safeenterprises.com