Safa Systems IPO will be Open on 28 January 2022 and closes on 01 February 2022. The company has fixed the price of this IPO at ₹10 according to the face value of ₹10. The company will raise ₹4.00 Crores through this IPO under the 40,00,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue.
Safa Systems & Technologies Limited stepped into the market as branded mobile distributors in the year 2012 with a brand named “Micromax” which has now became popular among the huge crowd all over India. We started our business by supplying mobile phones in some regions of Kerala. the financial year 2012-13 was Rs.7.84 crores. In the financial year 2013-14, we crossed a net turnover of Rs.51.24 Crores. In the year 2015.
we also made an arrangement with Micromax for its Feature Phones distributions in the State of Kerala, and in the financial year 2014-15 and 2015-16, we crossed a net turnover of Rs.94.98 Crores and 90.90 crores respectively. In the Financial year 2016-17, our net turnover dropped to Rs.73.30 crores because of the brand issues with Micromax.
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The Company deal as on date includes Telecommunication devices, Accessories, LED television, Tablets, Internet of Things Products, Home appliances, etc. The commitment, dedication, delivery, and quality services are well known in the industry and we have built our goodwill and reputation from it. The Company is one of the key distributors of Electronic Products and accessories in Kerala. Presently the Company has its distributorship agreement with the reputed Brands like Xiaomi, OPPO, TECNO, Micromax, One Plus for distribution of the Smartphones, LED TV and accessories in the State of Kerala.
Safa Systems IPO Review :
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Safa Systems IPO GMP Live:
Safa Systems IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 01 Jan 2022 | ₹0-₹0 | ₹0 |
| 31 Jan 2022 | ₹0-₹0 | ₹0 |
| 30 Jan 2022 | ₹0-₹0 | ₹0 |
| 29 Jan 2022 | ₹0-₹0 | ₹0 |
| 28 Jan 2022 | ₹0-₹0 | ₹0 |
Safa Systems IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 28 Jan 2022 |
| IPO Close : | 01 Feb 2022 |
| IPO Size : | ₹4.00. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹10 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹4.00. Cr |
| Fresh Issue : | ₹4.00. Cr |
| Offer For Sale : | ₹. Cr |
Safa Systems IPO Market Lot :
Safa Systems IPO Minimum Market lot is 1 Lot with 10,000 shares with ₹100,000 Application amount. The retail investors can apply up to 2 lots with 20,000 Shares or ₹100,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 10,000 Shares |
| Minimum Amount : | ₹100,000 |
| Minimum Lot Size : | 2 Lot |
| Maximum Shares : | 20,000 Shares |
| Maximum Amount : | ₹200,000 |
Safa Systems IPO Shares Offer :
A Total of 40,00,000 shares are to be bid for the public issue by Safa Systems IPO with 40,00,000 for Fresh issue and – for offer for sale – Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 40,00,000 | ₹4.00 Cr |
| Offer For Sale : | – | ₹– |
| Total : | 40,00,000 Eq Shares | ₹4.00 Cr |
Safa Systems IPO Reservation :
Safa Systems IPO Total Reservation of 40,00,000 shares are to be bid for the public issue by Safa Systems IPO with – for QIB and 19,00,000 for NII 19,00,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | % | – | ₹ |
| NII : | 50% | 19,00,000 | ₹1.90 Cr |
| RII : | 50% | 19,00,000 | ₹1.90 Cr |
| MMRP : | – % | 2,00,000 | ₹20.00 L |
| Total : | 100% | 28,82,000 | ₹4.00 Cr |
Safa Systems IPO Dates :
Safa Systems IPO Date is 28 Jan 2022 and closes on 01 Feb 2022. The allotment will be finalized on 04 Feb 2022 and the IPO may list on 09 Feb 2022.
| Issue Open Date : | 28 Jan 2022 |
| Issue Close Date : | 01 Feb 2022 |
| Allotment Date : | 04 Feb 2022 |
| Refund Date : | 07 Feb 2022 |
| Share Credit Date : | 08 Feb 20222 |
| Listing Date : | 09 Feb 2022 |
Safa Systems IPO Form :
There are two ways to apply in Safa Systems IPO. You can apply for Safa Systems IPO through ASBA available in your bank account. You have to go to your online bank login and select Safa Systems IPO in the Invest section and apply through your bank account. Another option is you can apply Safa Systems IPO through IPO form download through NSE and BSE. See the Safa Systems IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Safa Systems Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2022-6M | ₹1.45 | ₹1.44 | ₹0.27 |
| 2021 | ₹2.09 | ₹2.06 | ₹0.29 |
| 2020 | ₹2.55 | ₹2.52 | ₹0.31 |
| 2019 | ₹2.55 | ₹2.53 | ₹0.35 |
About Safa Systems Company
The company is 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 range of products which we deal as on date includes Telecommunication devices, Accessories, LED television, Tablets, Internet of Things Products, Home appliances, etc. The commitment, dedication, delivery, and quality services are well known in the industry and we have built our goodwill and reputation from it. The Company is one of the key distributors of Electronic Products and accessories in Kerala. Presently the Company has its distributorship agreement with the reputed Brands like Xiaomi, OPPO, TECNO, Micromax, One Plus for distribution of the Smartphones, LED TV and accessories in the State of Kerala.
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In the year 2017-18, we decided to create a portfolio of brands rather than sticking to one brand and we were looking forward to capture 25% to 30% of the Smartphones market size in the state of Kerala. In the same year we signed up with the brand OPPO and we crossed a net turnover of Rs.169.41 Crores. In the financial year 2018-19 we signed up with more brands like Xiaomi, Vivo, LG, etc. and our net turnover was Rs.254.92 Crores.
Further, In the Financial Year 2019-20 we also signed up with more brands like Huawei, Motorola, etc. and we crossed a net turnover of Rs.255.12 Crores.In the Financial Year 2020-21 we signed up with the brand One Plus for the Kerala region. The net turnover in financial year 2020-21 dropped to Rs. 208.51 crores due to Covid-19, pandemic.
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Company Strengths
- Organizational stability along with management expertise
- Smooth flow of operations
- Existing Supplier Relationship
- Quality & ISO Certifications
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Company Promoters :
■ Mr. Faizal Bavaraparambil Abdul Khader
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Safa Systems IPO Lead Managers :
■ Finshore Management Services Limited
Safa Systems IPO Registrar :
Cameo Corporate Services Limited
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Facsimile: +91-44-28460129
Email: [email protected]
Website: www.cameoindia.com
Note: Check Safa Systems IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Safa Systems & Technologies Limited
46/2631 B, Safa Arcade,
Kaniyapilly Road, Chakkaraparambu,
Ernakulam-682028, Kerala, India
Phone: 7593001140
Email: [email protected]
Website: http://www.sssinfo.in
Safa Systems IPO FAQs :
What is Safa Systems IPO?
Safa Systems IPO is SME IPO. They are going to raise ₹4.00. Crores via IPO. The issue is priced at ₹10 per equity share. The IPO to be listed on BSE, SME.
When Safa Systems IPO will open?
The IPO is to open on 28 Jan 2022 and closes on 01 Feb 2022 for QIB, NII & RII.
What is Safa Systems IPO Size?
Safa Systems IPO size is ₹4.00 Crores.
What is the Fresh issue size of Safa Systems IPO?
The Fresh issue size of Safa Systems IPO ₹4.00 Cr.
What is the Offer For Sale size of Safa Systems IPO?
The Offer For Sale size of Safa Systems IPO ₹0 Cr.
What is Safa Systems IPO Price Band?
Safa Systems IPO Price Band is ₹10 Per share.
What is Safa Systems IPO Minimum and Maximum Lot Size?
The minimum bid is 10,000 Shares with ₹1,00,000 amount while the maximum bid is 20,000 shares with ₹2,00,000.
What is Safa Systems IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Safa Systems IPO Allotment Date?
Safa Systems IPO allotment date is 04 Feb 2022.
What is Safa Systems IPO Listing Date?
Safa Systems IPO listing date is 09 Feb 2022. The IPO to list on BSE, SME.
How to Apply the Safa Systems IPO through Zerodha?
“BSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Safa Systems IPO”. 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.
How to Apply the Safa Systems IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Safa Systems IPO”. 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.
How to Apply the Safa Systems IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Safa Systems IPO”. 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.
How to Apply the Safa Systems IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Safa Systems IPO”. 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.
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