Safecure Services Limited is a prominent security and facility management company offering integrated solutions across India. The company specializes in private security, e-surveillance, facility management, and corporate interior fit-out services, catering to a wide range of clients from various sectors.
Over the years, Safecure has expanded its footprint across India, serving a diverse clientele that includes public and private sector organizations, financial institutions, multinational corporations, and industrial establishments. The company follows a uniform recruitment and training policy to ensure service quality and consistency, positioning itself as a professional and reliable security service provider with a strong reputation for excellence.
Headquartered in Mira Road, Thane, Safecure operates through 12 offices across 12 districts in India, ensuring efficient, high-quality, and customized service delivery tailored to the specific needs of its clients.
Service Portfolio:
- Security Services: Providing manned guarding, event management, ATM security management, and technology-enabled security solutions.
- E-Surveillance and Monitoring: Offering 24×7 electronic surveillance of ATMs and bank branches through advanced intrusion detection systems, alarm monitoring, and immediate response services. These services are delivered by Safesense Tech Private Limited, the company’s wholly owned subsidiary.
- Repair, Maintenance & Facility Management: Delivering end-to-end facility management services, including housekeeping, maintenance, and business support services, along with repair and upkeep of ATM infrastructure.
- Corporate Interior Fit-Out Works: Executing complete interior fit-out projects for corporate offices, banks, and commercial spaces — covering design, setup, and project execution.
As of August 31, 2025, Safecure Services Limited employed 1,849 professionals, ensuring smooth execution of operations and maintaining service quality across all regions.
Safecure Services IPO – Details
| IPO Opening Date | 29 October 2025 |
| IPO Closing Date | 31 October 2025 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 30,00,000 Shares Worth ₹30.60 Crore Fresh Issue: 30,00,000 Shares Worth ₹30.60 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹102 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | MUFG Intime India Pvt.Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Safecure Services IPO – Date Schedule
| IPO Open Date | 29 October 2025 |
| IPO Close Date | 31 October 2025 |
| Basis of Allotment | 03 November 2025 |
| Initiation of Refund | 04 November 2025 |
| Credit of Shares to Demat | 04 November 2025 |
| IPO Listing Date | 06 November 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 31, 2025 |
Safecure Services IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,44,800 |
| Retail (Max) | 2 | 2,400 | ₹2,44,800 |
| S-HNI (Min) | 3 | 3,600 | ₹3,67,200 |
Competitive Strength
- Diverse portfolio of services.
- Experienced team of professionals with domain expertise and a successful track record.
- Advanced Technological Integration.
- Pan India Presence.
- Diverse customer base.
Company Promoters
- Shailendra Mahesh Pandey
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹47.74 Cr | ₹43.11 Cr | ₹3.98 Cr | ₹11.51 Cr |
| 31 March 2024 | ₹63.06 Cr | ₹56.49 Cr | ₹5.69 Cr | ₹14.30 Cr |
| 31 March 2025 | ₹73.27 Cr | ₹66.01 Cr | ₹6.16 Cr | ₹20.55 Cr |
| 30 June 2025 | ₹18.36 Cr | ₹16.08 Cr | ₹1.99 Cr | ₹19.52 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.86% |
| ROCE | 22.48% |
| Debt/Equity | 0.98 |
| RoNW | 28.86% |
| PAT Margin | 8.26% |
| EBITDA Margin | 17.00% |
| Price to Book Value | 4.79 |
| Market Capitalization | 102.41 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.75 | 7.92 |
| P/E (x) | 11.66 | 12.88 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Repayment / pre-payment, in full or part, of certain borrowings availed by the Company. | ₹4.75 |
| Repayment / pre-payment, in full or part, of certain borrowings availed by our wholly owned subsidiary (by providing loans and advances by the Company). | ₹3.50 |
| General corporate purposes. | ₹4.50 |
| Funding the Working Capital requirements of the Company. | ₹13.00 |
✅Strengths
- Diversified services – security, e-surveillance, facility management, and interior fit-outs.
- Technology-backed operations through Safesense Tech Pvt. Ltd.
- Nationwide presence with 12 offices across India.
- Experienced promoters and management team.
- Strong and trained workforce of 1,849 employees.
- Diverse client base across public, private, and financial sectors.
⚠️Risks
- High dependence on a few key clients.
- Labour-intensive business model.
- Requires multiple regulatory approvals and renewals.
- High working capital requirements.
- Intense competition in a fragmented industry.
- Exposure to data and technology security risks.
Safecure Services IPO Promoter Holding
| Pre Issue Share Holding | 94.33% |
| Post Issue Share Holding | 66.14% |
Safecure Services IPO Prospectus
Company Contact Information
| Safecure Services Ltd. Office No. 5, 5th Floor, Building No 6 Old 9,12,14 News No 62, 66, 69, Opp Pleasant Park, Mira Road, Behind Jhankar Thane, Maharashtra, 401107 Phone: +91 99678 81047 Email: secretarial@safecure.in Website: https://safecure.in/ |
Safecure Services IPO Registrar
| MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: safecure.smeipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Safecure Services IPO Lead Manager(s)
| 1. Sun Capital Advisory Services Pvt.Ltd. |
Safecure Services IPO FAQ
| What is Safecure Services IPO? Safecure Services IPO is an SME IPO. The issue is priced at ₹102 per equity share. The IPO is to be listed on BSE SME. |
| When Safecure Services IPO will open? The IPO is to open on 29 October 2025 for NII and Retail Investors. |
| What is Safecure Services IPO Investors Portion? The investors’ portion for NII – 50% and Retail – 50%. |
| What is the Safecure Services IPO Size? Safecure Services IPO size is ₹30.60 Crore. |
| What is Safecure Services IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2,400 Shares with ₹2,44,800 amount, while the maximum bid is 2,400 Shares with ₹2,44,800. |
| What is the Safecure Services IPO Allotment Date? Safecure Services IPO allotment date is 03 November 2025. |
| What is the Safecure Services IPO Listing Date? Safecure Services IPO listing date is 06 November 2025. The IPO is to be listed on the BSE SME. |
