Business Standard

Safety Controls & Devices Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Safety Controls & Devices Ltd IPO Details

    Public issue of up to 47,55,000 equity shares of face value Rs.10 each (equity shares) of Safety Controls & Devices Limited (our company or the issuer or scdl) for cash at a price of Rs.[*] per equity share (including a securities premium of Rs.[*] per equity share) (issue price), aggregating up to Rs.[*] crores (the issue). Up to 2,38,000 equity shares aggregating to Rs.[*] crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of 45,17,000 equity shares of face value of Rs.10 each at an issue price of Rs.[*] per equity share aggregating to Rs.[*] crores is hereinafter referred to as the net issue. The issue and the net issue will constitute [*]% and [*]% respectively of the post-issue paid-up equity share capital of our company.The face value of the equity shares is Rs.10/- each and the floor price and cap price are [*] times and [*] times of the face value of the equity shares, respectively.

    Objective of issue

    Funding the capital exp requirements of the company by purchase of equipment and machinery. Repayment/prepayment in part or full of certain of its borrowings. Funding the working capital requirements of the company. General corporate purposes.

    Safety Controls & Devices Ltd Contact Details

    Safety Controls & Devices Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

    Phone - 011-45121795

    Fax - 01145121795

    Email - cs@safetygroup.in

    Website - www.safetygroup.in