Comparison between Msafe Equipments IPO and Stanbik Agro IPO.
IPO Details
Msafe Equipments IPO is a SME Fixed Price IPO proposed to list at BSE SME while Stanbik Agro IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Msafe Equipments IPO is up to ₹62.75 Cr whereas the issue size of the Stanbik Agro IPO is up to ₹11.65 Cr. The final issue price of Msafe Equipments IPO is ₹123.00 per share and of Stanbik Agro IPO is ₹30.00 per share.
| | Msafe Equipments IPO | Stanbik Agro IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹116.00 per share | |
| Issue Price (Upper) | ₹123.00 per share | |
| Issue Price (Final) | ₹123.00 per share | ₹30.00 per share |
| Discount (Retail) | | |
| Discount (Employee) | | |
| Market Lot Size | 1000 shares | 4000 shares |
| Fresh Issue Size | 41,02,000 shares | 38,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹50.45 Cr | up to ₹11.65 Cr |
| OFS Issue Size | 10,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹12.30 Cr | up to ₹0.00 Cr |
| Issue Size Total | 51,02,000 shares | 38,84,000 shares |
| Issue Size Total (Amount) | up to ₹62.75 Cr | up to ₹11.65 Cr |
IPO Timetable
Msafe Equipments IPO opens on Jan 28, 2026, while Stanbik Agro IPO opens on Dec 12, 2025. The closing date of Msafe Equipments IPO and Stanbik Agro IPO is Jan 30, 2026, and Dec 16, 2025, respectively.
| | Msafe Equipments IPO | Stanbik Agro IPO |
|---|
| Anchor Bid Date | Jan 27, 2026 | |
| Issue Open | Jan 28, 2026 | Dec 12, 2025 |
| Issue Close | Jan 30, 2026 | Dec 16, 2025 |
| Basis Of Allotment (Tentative) | Feb 02, 2026 | Dec 17, 2025 |
| Initiation of Refunds (Tentative) | Feb 03, 2026 | Dec 18, 2025 |
| Credit of Share (Tentative) | Feb 03, 2026 | Dec 18, 2025 |
| Listing date (Tentative) | Feb 04, 2026 | Dec 19, 2025 |
| Anchor Lockin End date 1 | Mar 06, 2026 | |
| Anchor Lockin End date 2 | May 05, 2026 | |
Financials & KPIs
Msafe Equipments IPO P/E ratio is 15.12, as compared to Stanbik Agro IPO P/E ratio of 5.9.
Shares Offered
In the Msafe Equipments IPO Retail Individual Investors (RII) are offered 17,86,000 shares while in Stanbik Agro IPO retail investors are offered 17,86,000 shares. Qualified Institutional Buyers (QIB) are offered 10,17,000 shares in Msafe Equipments IPO and 0 shares in Stanbik Agro IPO.
| | Msafe Equipments IPO | Stanbik Agro IPO |
|---|
| Anchor Investor Reservation | 15,25,000 shares | 0 shares |
| Market Maker Reservation | 2,98,000 shares | 2,08,000 shares |
| QIB | 10,17,000 shares | 0 shares |
| NII | 7,74,000 shares | 19,40,000 shares |
| RII | 17,86,000 shares | 19,44,000 shares |
| Employee | 0 shares | 0 shares |
| Others | | |
| Total | 51,02,000 shares | 38,84,000 shares |
Bids Received (Subscription)
Msafe Equipments IPO subscribed 116.89x in total, whereas Stanbik Agro IPO subscribed 1.49x.
