Safety Controls & Devices Ltd
Registered Office:
C-43/28/1 Nawal Kishore Road,Hazratganj,
Lucknow
-
226001,
Uttar Pradesh, India.
Initial public issue of 60,00,000 equity shares of face value of
(Rs) 10/- each (the "Equity Shares") of Safety Controls & Devices Limited ("The Company" or "SCDL" or "The Issuer") at an issue price of (Rs) 80 per equity share for cash, aggregating up to (Rs)48 Crores ("Public Issue") out of which 3,04,000 equity shares of face value of (Rs) 10 each, at an issue price of (Rs) 80 per equity share for cash, aggregating (Rs) 2.43 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 56,96,000 equity shares of face value of (Rs) 10 each, at an issue price of (Rs) 80 per equity share for cash, aggregating upto (Rs) 45.57 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 30.26% and 28.73%, respectively of the post issue paid-up equity share capital of the company.
Price Band: (Rs) 80/- per equity share of face value of (Rs) 10/- each.
The floor price is 8.0 times the face value of the equity.
Bids can be made for a minimum of 2 lots and in multiples of 1600 equity shares thereafter.
Opens On
Closes On
Application
Allotment
06-Apr-26
08-Apr-26
80.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
3200
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Financed through Current Offer
48.00
Post Issue Equity Share Capital
19.83
Funding the capital exp requirements of the company by purchase of equipment and machinery
Repayment/prepayment in part or full of certain of its borrowings
Funding the working capital requirements of the company
General corporate purposes
Rajnish Chopra
Anjali Chopra
Abhishek Chopra