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SME IPO in focus: SafeSecure Services lists at issue price

Business

Safecure Services just wrapped up its IPO, raising ₹30.6 crore by selling 30 lakh shares at ₹102 each.
The offer was fully subscribed, with both retail and non-institutional investors jumping in, and the stock debuted on the BSE SME platform right at its issue price.

Integrated security solutions

Started in 2012 in Thane, Safecure is all about integrated security solutions—think facility management, e-surveillance, housekeeping, ATM management, and even corporate interior fit-outs.
Their clients range from public sector companies to private banks and big MNCs across India.

Financials of the company

With 12 offices nationwide and nearly 1,850 employees as of August 2025, Safecure pulled in ₹73.27 crore revenue with an 8.3% profit margin in FY25.