Safa Systems & Technologies Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

28 Jan 2022

Close Date

01 Feb 2022

Allotment

04 Feb 2022

Listing Date

09 Feb 2022

Exchange

BSE SME

Price Band

₹10

Listing Price

See chart

Allotment Status

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Price Band

₹10

Per share

Face Value

₹10 per share

Lot Size

10,000 Shares

per lot

Issue Size

40,00,000 shares (aggregating up to ₹4.00 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹100,000

1 lot

Pre-IPO Holding

1,10,77,550 shares

Promoters

Post-IPO Holding

1,50,77,550 shares

Promoters

P/E (Pre)

29.41x

UPI Deadline

2022-02-01

Mandate

Anchor AllotmentThu, 27 Jan 2022

Basis of AllotmentFri, 04 Feb 2022

Refund InitiationMon, 07 Feb 2022

Demat CreditTue, 08 Feb 2022

Listing DayWed, 09 Feb 2022

UPI Mandate Deadline2022-02-01

Sale TypeFresh Capital

Net Offer to Public38,00,000 shares (aggregating up to ₹3.80 Cr)

Market Maker Quota2,00,000 shares (aggregating up to ₹0.2000 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Safa Systems & Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Feb 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	200,000	—	₹0.20
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,000,000	100%	₹4.00

IPO Shares Offered

Safa Systems & Technologies Ltd. IPO total issue size: ₹4.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	200,000	₹0.20	5.00%
Total	4,000,000	₹4.00	100.00%

* Based on upper price band ₹10 per share

Lot Size & Investment

Lot Size

10,000

Shares per Lot

Issue Price

₹10.00

Upper Band

Min Investment

₹100,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	20,000	₹200,000
Retail (Max — 2 Lots)	2	20,000	₹200,000
S-HNI (Min — 14 Lots)	14	140,000	₹1,400,000
B-HNI (Min — 68 Lots)	68	680,000	₹6,800,000

* Issue Price ₹10 × Lot Size 10,000 shares

IPO Schedule

Anchor

27 Jan 2022

✓ Done

IPO Open

28 Jan 2022

✓ Done

IPO Close

01 Feb 2022

✓ Done

Allotment

04 Feb 2022

✓ Done

Refunds

07 Feb 2022

✓ Done

Demat Credit

08 Feb 2022

✓ Done

Listing Day

09 Feb 2022

✓ Done

₹10.00

INR · BSE

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Issue ₹10.00 Live Price

About Safa Systems & Technologies Ltd.

Established on 2012, Safa Systems & Technologies is engaged in the business of distributorship of consumer durable products like Mobile phones, Mobile phone accessories, Tablets, LED TVs, Home appliances and wearable devises of various brands like Xiaomi, OPPO, TECNO, Micromax, One Plus in Kerala. The company works in B2B (Business to Business) model.The company has strict quality regulations and has been also awarded with ISO 9001:2015 quality certifications. Recently, the company has taken an office in Mumbai as a part of its expansion plans to grow their presence into other regions of the country.Competitive Strengths:Organizational stability along with management expertiseEstablished relationship with customers and suppliersStrong supplier relationship ensuring the right supply and pricing of the productsQuality & ISO Certifications

Objects of the Issue

1 To Meet working capital requirement

2 Public issue expenses

3 General corporate purpose

Safa Systems & Technologies Ltd. Financials (Amount In Crore)

Revenue from Operations

₹255.2

31-Mar-20

₹208.6

31-Mar-21

₹145.2

7-Oct-21

Profit After Tax (PAT)

₹0.3

31-Mar-20

₹0.3

31-Mar-21

₹0.3

7-Oct-21

Particulars	7-Oct-21	31-Mar-21	31-Mar-20
Revenue from Operations	145.19	208.60	255.22
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	0.27	0.29	0.31
Net Worth	N/A	N/A	N/A
Total Assets	44.68	48.92	40.26
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered40,00,000 (100.00%)

Net Offer to Public38,00,000 shares (aggregating up to ₹3.80 Cr)

Reserved for Market Maker2,00,000 shares (aggregating up to ₹0.2000 Cr)

Pre-Issue Promoter Holding1,10,77,550 shares

Post-Issue Promoter Holding1,50,77,550 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Cameo Corporate Services Ltd.

+91-44-28460390

investor@cameoindia.com

https://ipo.cameoindia.com/

Check Allotment

Book Running Lead Managers

Finshore Management Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Safa Systems & Technologies Ltd. IPO subscribed? ▲

Safa Systems & Technologies Ltd. IPO is subscribed 1.00 times by Feb 01, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Safa Systems & Technologies Ltd. IPO retail subscription status? ▼

The Safa Systems & Technologies Ltd. IPO retail category is subscribed 1.00 times as of 01 Feb 2022. The retail portion is oversubscribed.

How to subscribe Safa Systems & Technologies Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Jan 2022 and closes 01 Feb 2022. Min investment: ₹100,000 (1 lot = 10,000 shares). UPI mandate: 2022-02-01.

How many times Safa Systems & Technologies Ltd. IPO subscribed? ▼

The Safa Systems & Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Safa Systems & Technologies Ltd. IPO allotment? ▼

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Feb 2022. Refunds: on 07 Feb 2022.

When Safa Systems & Technologies Ltd. IPO will be listed? ▼

The Safa Systems & Technologies Ltd. IPO listing date is 09 Feb 2022, Wednesday. Listed on: BSE SME. Issue price: ₹10. Estimated listing: ₹10. GMP: NIL.

When Safa Systems & Technologies Ltd. IPO close? ▼

The Safa Systems & Technologies Ltd. IPO closes on 01 Feb 2022, Tuesday. UPI mandate: 2022-02-01. Allotment: 04 Feb 2022. Listing: 09 Feb 2022.

Quick Actions

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Live Price LIVE

Last Price₹10.00

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Issue Price₹10.00

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Quick Summary

StatusListed

Issue Price₹10

Face Value₹10

Lot Size10,000 Sh

Min. Amount₹100,000

GMPNIL

Est. Listing₹10

Subscribed1.00x

Open Date28 Jan 2022

Close Date01 Feb 2022

Allotment04 Feb 2022

Listing Date09 Feb 2022

ExchangeBSE SME

UPI Deadline2022-02-01