Safa Systems & Technologies Limited IPO (Safa Systems IPO)

Safa Systems IPO 2022
Upcoming Safa Systems IPO | New Safa Systems IPO

Established on 2012, Safa Systems & Technologies is engaged in the business of distributorship of consumer durable products like Mobile phones, Mobile phone accessories, Tablets, LED TVs, Home appliances and wearable devises of various brands like Xiaomi, OPPO, TECNO, Micromax, One Plus in Kerala. The company works in B2B (Business to Business) model.

The company has strict quality regulations and has been also awarded with ISO 9001:2015 quality certifications. Recently, the company has taken an office in Mumbai as a part of its expansion plans to grow their presence into other regions of the country.

Safa Systems IPO

Competitive Strengths

  • Organizational stability along with management expertise
  • Established relationship with customers and suppliers
  • Strong supplier relationship ensuring the right supply and pricing of the products
  • Quality & ISO Certifications

Company Promoters

Mr. Faizal Bavaraparambil Abdul Khader and Mr. Bavaraparambil Abdhulkadher Hydrose are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in Millions)
Total Assets446.81489.28402.67
Total Revenue1,451.922,086.602,552.25
Profit After Tax2.732.933.12

Objects Of The Issue

The IPO aims to utilize the net proceed for the following objectives;

  • To meet the working capital requirements of the company
  • To meet the issue expenses; and
  • General corporate purposes.
Safa Systems IPO
Object Of The Issue

Safa Systems IPO Details

IPO Opening DateJan 28, 2022
IPO Closing DateFeb 1, 2022
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹10 per equity share
Market Lot10000 Shares
Min Order Quantity10000 Shares
Listing AtBSE SME
Issue Size4,000,000 Eq Shares of ₹10
(aggregating up to ₹4.00 Cr)

Safa Systems IPO Tentative Timetable

IPO Open DateJan 28, 2022
IPO Close DateFeb 1, 2022
Basis of Allotment DateFeb 4, 2022
Initiation of RefundsFeb 7, 2022
Credit of Shares to Demat AccountFeb 8, 2022
IPO Listing DateFeb 9, 2022

Safa Systems IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)

Safa Systems IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding73.47%

Safa Systems IPO Prospectus

Company Contact Information

Safa Systems & Technologies Limited

46/2631 B, Safa Arcade,
Kaniyapilly Road, Chakkaraparambu,
Ernakulam-682028, Kerala, India

Phone: 7593001140

Safa Systems IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Safa Systems IPO FAQs

When Safa Systems IPO will open?

The Safa Systems IPO dates are 28 Jan 2022 To 01 Feb 2022
What is the lot size of Safa Systems IPO?

Safa Systems IPO lot size and the minimum order quantity is 10000 Shares.
How to apply for Safa Systems IPO?

You can apply in Safa Systems IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Safa Systems IPO listing date?

The Safa Systems IPO listing date is not announced. The date of Safa Systems IPO listing is [09 Feb 2022].
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