Incorporated in June 2015, Safety Controls and Devices Limited specialises in EPC (Engineering, Procurement, and Construction), focusing on substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, we operate as an engineering enterprise.
The company primarily caters to government entities and undertakings, constituting a significant portion of its customer base.
This includes various state and central government power utilities, private power entities, and renewable energy developers.
The company operates 19 substations and is expanding into utility-scale solar and electric vehicle charging stations.
The company has completed turnkey projects for 30 years.
The company is AOC Middle East LLC certified: ISO 9001:2015.
Competitive Strengths
| Period Ended | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 164.41 | 120.28 | 74.99 | 66.36 |
| Total Income | 68.51 | 103.50 | 45.70 | 49.26 |
| Profit After Tax | 8.52 | 8.99 | 4.01 | 0.43 |
| EBITDA | 16.21 | 17.27 | 8.27 | 2.63 |
| NET Worth | 54.47 | 42.17 | 17.48 | 12.47 |
| Reserves and Surplus | 40.64 | 28.87 | 6.98 | 2.97 |
| Total Borrowing | 39.18 | 33.84 | 29.79 | 18.52 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment, in part or full of certain of the borrowings | 6.00 |
| 2 | Funding the Working Capital Requirements of the Company | 31.50 |
| 3 | General corporate purposes |
| KPI | Jan 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 21.17% | 30.14% |
| ROCE | 33.73% | 37.39% |
| Debt/Equity | 0.72 | 0.80 |
| RoNW | 15.65% | 21.32% |
| PAT Margin | 12.64% | 8.77% |
| EBITDA Margin | 24.04% | 16.84% |
| Price to Book Value | 2.03 | 2.52 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.50 | 5.16 |
| P/E (x) | 12.3 | 15.51 |
| IPO Date | 6 to 8 Apr, 2026 |
| Listing Date | Mon, Apr 13, 2026T |
| Face Value | ₹10 per share |
| Price Band | ₹75 to ₹80 |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 60,00,000 shares (agg. up to ₹48 Cr) |
| Reserved for Market Maker |
3,04,000 shares
(agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 56,96,000 shares (agg. up to ₹46 Cr) |
| Net Offered to Public | 56,96,000 shares (agg. up to ₹46 Cr) |
| Share Holding Pre Issue | 1,38,26,999 shares |
| Share Holding Post Issue | 1,98,26,999 shares |
Rajnish Chopra, Anjali Chopra and Abhishek Chopra are the promoters of the company.
| Share Holding Pre Issue | 66.53% |
| Share Holding Post Issue | 46.40% |
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
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