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Issue Open Date
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28-Jan-26
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Issue Closing Date
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30-Jan-26
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Application Money
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100
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Allotment Money
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Price Band
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116
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123
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Minimium Application No.
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2000
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Issue Size (Shares)
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5400000
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Market Lot
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1
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Objective
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1. Funding of Capital expenditure towards setup of a new Manufacturing Facility;2. Funding of Capital expenditure for manufacturing of equipments for rental purpose;3. Utilization towards working capital requirements; and4. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description
Incorporated in 2019, we are engaged in the business of manufacturing, sales and rental of access and height-safetyequipments, primarily used to facilitate safe working at heights. Our product portfolio includes aluminiumscaffoldings, mild steel (MS) scaffoldings, aluminium ladders and fibre reinforced plastic (FRP) ladders, which aredesigned to meet varied operational and safety requirements across construction, maintenance, installation, repair andinfrastructure development activities. These products provide safe and stable access for vertical and elevatedoperations, enabling workers to undertake a wide range of activities such as building exterior works (including facadeand cladding installation), painting and plastering, HVAC and MEP works, electrical cabling and fittings, ceiling andinterior finishing, fire-fighting works and warehouse stacking and retrieval, among others, while significantly reducingthe risk of workplace accidents.
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Promoter's Holding
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Total Share Capital
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16000000
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Offered to Public
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5400000
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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Address |
F-311 3rd Floor Aditya Arcade Plot No. 30 Community Center Preet Vihar East Delhi
Delhi,
Delhi,
110092
Phone : 8882207104
Email : info@msafegroup.com
Website : www.msafegroup.com
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Registrar |
Maashitla Securities Pvt Ltd.
451 Krishna Apra Business Square Netaji Subhash Place Pitampura New Delhi
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Listed at |
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BSE
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Lead Manager |
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Seren Capital Pvt Ltd.
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Promoters |
Ajay Kumar Kanoi Gaurav Ajay Kumar Kanoi Monika Agarwal Pradeep Aggarwal Rajani Ajay Kanoi Rushil Agarwal Vansh Aggarwal
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