Listed Price₹16.55
Listing Gain+65.50%
Price Band₹10
Lot Size10,000 shares
Min Bid₹1,00,000
SubscriptionTracking
Listed Market Snapshot
₹16.55Listed price from market data
+65.50%listing gain
Issue Amount
₹4 Cr
Listed Price
₹16.55
Current Price
₹20.74
Registrar
Cameo Corporate Services Limited
Timeline•Fixed Price IPO
Open28 Jan 2022
Close01 Feb 2022
Allotment04 Feb 2022
Listing09 Feb 2022
Quota Reservation Portions
Market MakerPortion: 2,00,000 shares
5%Nii (hni)Portion: 19,00,000 shares
47.5%RetailPortion: 19,00,000 shares
47.5%Minimum Application Bracket Matrix
Retail1 lots / 10,000 shares
₹1,00,000HNI3 lots / 30,000 shares
₹3,00,000About the Company
Safa Systems & Technologies, established in 2012, is a B2B distributor of consumer durables, including mobile phones, tablets, LED TVs, home appliances, wearable devices, and accessories for brands like Xiaomi, OPPO, TECNO, Micromax, and One Plus in Kerala. The company adheres to strict quality standards and is ISO 9001:2015 certified. As part of its expansion plans, Safa Systems & Technologies recently opened an office in Mumbai to strengthen its presence in other regions of India.
Company Promoters
Mr. Faizal Bavaraparambil Abdul KhaderMr. Bavaraparambil Abdhulkadher Hydrose
Lead Managers
Registrar
Cameo Corporate Services Limited