Safety Controls & Devices Limited Secures RS. 12.67 Crore Anchor Investment Ahead of IPO Opening on April 06, 2026

VMPL

Mumbai (Maharashtra) [India], April 3: Safety Controls & Devices Limited, an integrated EPC company operating in India's power transmission, fire protection, and infrastructure, has successfully completed its Anchor Investor allocation of ₹12.67 crore ahead of the opening of its Initial Public Offering (IPO) on Monday, April 06, 2026.

The Company, in consultation with the Book Running Lead Manager, Sobhagya Capital Options Private Limited, allotted 15,84,000 equity shares to Anchor Investors at the upper end of the price band of ₹80 per equity share. The anchor portion was fully subscribed prior to the IPO opening, reflecting strong institutional interest.

Anchor Allocation Highlights

* Anchor Issue Size: ₹12.67 crore

* Equity Shares Allocated: 15,84,000 shares

* Anchor Price: ₹80 per equity share

* Anchor Investors:

- Shine Star Build-Cap Pvt. Ltd

- VBCUBE Ventures Fund

- VBCUBE Ventures Fund II

- Upsurge Opportunities Fund 1

- PESB Alpha Fund

IPO Details

* Issue Type: 100% Fresh Issue

* Issue Size: Up to 60,00,000 equity shares of face value ₹10 each

* Price Band: ₹75- ₹80 per equity share

* Lot size: 1,600 Equity Shares

* Listing Platform: BSE SME

Objects of the Issue

The net proceeds from the IPO are proposed to be utilized for:

* Debt repayment/prepayment

* Working capital funding

* General Corporate Purpose

IPO Timeline

* Anchor Investor Bidding Date: Thursday, April 02, 2026

* Issue Opens: Monday, April 06, 2026

* Issue Closes: Wednesday, April 08, 2025

Offer Intermediaries

* Book Running Lead Manager: Sobhagya Capital Options Private Limited

* Registrar to the Issue: Maashitla Securities Private Limited

* Underwriter: Sobhagya Capital Options Private Limited

* Market Maker: NNM Securities Private Limited

Management Commentary

Mr. Rajnish Chopra, Chairman & Managing Director, Safety Controls & Devices Limited said: "The successful ₹12.67 crore anchor allocation, fully subscribed ahead of our IPO, marks a strong vote of confidence from institutional investors.

As India's infrastructure and EPC sector enters a high-growth phase, this milestone positions us strongly to capture emerging opportunities, accelerate our growth, and deliver long-term value."

About Safety Controls & Devices Limited

Safety Controls & Devices Limited stands as an integrated EPC company delivering complex, mission-critical infrastructure solutions across multiple high-growth sectors such as power transmission, fire protection systems, and institutional construction.

The Company undertakes end-to-end design, engineering, procurement, construction, testing, and commissioning of transmission substations up to 400 kV (AIS & GIS), along with solar power projects, hybrid substations, EV charging infrastructure, and government hospital projects.

Strategically positioned in the power and renewable energy ecosystem, the Company aims to expand geographically, increase participation in large value tenders, and strengthen its footprint in sustainable and hybrid energy infrastructure -- aligning its growth with India's accelerating infrastructure and energy transition.

For FY25, the Company reported Revenue of ₹ 10,256.03 lakhs, EBITDA of ₹ 1,727.44 lakhs, and PAT of ₹ 899.04 lakhs.

In January 31, 2026, the Company reported Revenue of ₹ 6,743.66 lakhs, EBITDA of ₹ 1,621.26 lakhs, and PAT of ₹ 852.30 lakhs.

Disclaimer:

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

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