Acme Universal Safezone 9 IPO
Acme Universal Safezone 9 IPO is an SME IPO raising ₹36 Cr at ₹65 – ₹71 a share. It listed on 6 Oct 2026 at ₹101, +42.3% against its issue price of ₹71, and trades at ₹102 today (+43.7% since issue). It was subscribed 16× in total.
15.6 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Where your money goes
Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.
A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs71 + OFS by subtraction from exchange total Rs36 Cr. Checked: exchange issue size Rs36 Cr vs derived Rs36 Cr (0.0% apart).
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
Priced 58% below the median multiple of the peers the issuer itself names.
| Listed peer (issuer’s choice) | P/E | RoNW | EPS |
|---|---|---|---|
| Acme Universal Safezone 9 Limited | — | 11.75% | ₹4.17 |
| Liberty Shoes Limited | 40.82× | 4.79% | ₹6.59 |
| Superhouse Limited | 54.74× | 0.79% | ₹2.87 |
| Mallcom (India) Limited | 20.76× | 9.44% | ₹48.15 |
| This issue | 17× | 11.75% | ₹4.17 |
derived: cut-off price Rs71 / stated EPS Rs4.17 (FY2026 (year ended March 31, 2026) Diluted EPS, as per Restated Financial Statements). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.