Safa Systems & Technologies is Established in 2012, Safa Systems is engaged in the business of distributorship of consumer durable products like Mobile phones, Mobile phone accessories, Tablets, LED TVs, Home appliances, and wearable devices 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 ISO 9001:2015 quality certifications. Recently, the company has taken an office in Mumbai as a part of its expansion plans to grow its presence into other regions of the country.
Competitive Strengths:
- Organizational stability along with management expertise
- Established relationships with customers and suppliers
- Strong supplier relationship ensuring the right supply and pricing of the products
- Quality & ISO Certifications
Check Out The Safa Systems IPO Details
Safa Systems IPO Date & Price Band:
| IPO Opening Date | Jan 28, 2022 |
| IPO Closing Date | Feb1, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹10 per equity share |
| Market Lot | 10000 Shares |
| Min Order Quantity | 10000 Shares |
| Listing At | BSE SME |
| Issue Size | 4,000,000 Eq Shares of ₹10 (aggregating up to ₹4.00 Cr) |
| Fresh Issue | 4,000,000 Eq Shares of ₹10 (aggregating up to ₹4.00 Cr) |
Safa Systems IPO Tentative Timetable
The Safa Systems IPO open date is Jan 28, 2022, and the close date is Feb 1, 2022. The issue may list on Feb 9, 2022.| IPO Open Date | Jan 28, 2022 |
| IPO Close Date | Feb 1, 2022 |
| Basis of Allotment Date | Feb 4, 2022 |
| Initiation of Refunds | Feb 7, 2022 |
| Credit of Shares to Demat Account | Feb 8, 2022 |
| IPO Listing Date | Feb 9, 2022 |
Safa Systems IPO Market Lot:
The Safa Systems IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).| Minimum Lot Size: | Minimum 2000 Shares |
| Minimum Amount: | ₹100,000 |
| Maximum Lot Size: | Maximum 2000 Shares |
| Maximum Amount: | ₹200,000 |
Safa Systems Financial:
| Particulars | For the year/period ended (₹ in millions) | ||
|---|---|---|---|
| 7-Oct-21 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 446.81 | 489.28 | 402.67 |
| Total Revenue | 1,451.92 | 2,086.60 | 2,552.25 |
| Profit After Tax | 2.73 | 2.93 | 3.12 |
Safa Systems IPO Reviews / Ratings
- Updates Soon
Brokerage Firm IPO Reviews for Safa Systems IPO
- ICICI Securities: Adding Soon
- Motilal Oswal: Adding Soon
- Capital Market: Adding Soon
- Ventura Securities Limited: Adding Soon
- KR Choksey: Adding Soon
- AXIS Capital Ltd: Neutral
Safa Systems IPO Form:
How to apply the Safa Systems IPO? You can apply for Safa Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Safa Systems IPO in the Invest section. The other option is you can apply to Safa Systems IPO via IPO forms downloaded via NSE and BSE. Check out the Safa Systems IPO forms - click NSE Forms & BSE Forms blank Safa Systems IPO forms download, fill, and submit in your bank or with your broker.
Safa Systems IPO Subscription Numbers(Day 1)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | x | x | x |
| NII | x | x | x |
| RII | x | x | x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | x | x | x |
Safa Systems IPO Prospectus
Safa Systems Promoters:
- Mr. Faizal Bavaraparambil Abdul Khader
- Mr. Bavaraparambil Abdhulkadher Hydros
Safa Systems IPO Registrar:
Phone: +91-44-28460390Email: investor@cameoindia.comWebsite: https://online.cameoindia.com/
Safa Systems IPO Lead Managers:
- Finshore Management Services Limited
Safa Systems Company Address:
Safa Systems & Technologies Limited
46/2631 B, Safa Arcade,
Kaniyapilly Road, Chakkaraparambu,
Ernakulam-682028, Kerala, India
Phone: 7593001140
Email: office@sssinfo.in
Website: http://www.sssinfo.in/
Safa Systems IPO FAQs
What is Safa Systems IPO?
Safa Systems IPO is an NSE SME IPO. They are going to raise ₹4.00 Crores via IPO. The issue is priced at ₹10 per equity share. The IPO is to be listed on BSE.
When Safa Systems IPO will open?
The IPO is to open on 28 January 2022 for NII, and Retail Investors.
What is Safa Systems IPO Investors Portion?
The investors' portion for NII 50%, and Retail 50%.
How to Apply the Safa Systems IPO?
You can apply for Safa Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Safa Systems IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Safa Systems". Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Safa Systems IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Safa Systems". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.
What is Safa Systems IPO Size?
Safa Systems IPO size is ₹4.00 crores.
What is Safa Systems IPO Price Band?
Safa Systems IPO Price Band is ₹10 per equity share.
What is Safa Systems IPO Minimum and Maximum Lot Size?
The Safa Systems IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).
What is Safa Systems IPO Allotment Date?
Safa Systems IPO allotment date is 04 February 2022.
What is Safa Systems IPO Listing Date?
Safa Systems IPO listing date is 09 February 2022. The IPO to list on NSE SME.
