ListedSMEElectric EquipmentMSAFE

Msafe Equipments IPO

Msafe Equipments IPO is a sme IPO raising ₹66 Cr at ₹116 – ₹123 a share. It listed on 4 Feb 2026 and trades at ₹187 today, +52.0% against its issue price of ₹123. It was subscribed 0.00× in total.

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₹123

Issue price

₹187

Price now

+52.0%

Since issue price

4 Feb 2026

Listed on

0.00×Subscribed (final) · all exchanges

No bids yet

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹116 – ₹123

Cut-off price₹123

Issue size₹66 Cr

Shares per lot1000

Minimum application₹1,23,000

Minimum quantity2000

Face value₹10

Listing exchangesBSE

ISININE2B5L01011

Bidding hours10:00 – 17:00 IST

Bidding window28 Jan 2026 – 30 Jan 2026

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.