Safa Systems IPO Details

IPO Open Jan 28, 2022
IPO Close Feb 1, 2022
IPO Price ₹10
Face Value ₹10
IPO Size ₹4.00 Cr
Listing At BSE SME
Lot Size 10000
Open an Instant Account with Zerodha

Safa Systems IPO Date & Price

The Safa Systems IPO opens on Jan 28, 2022 and closes on Feb 1, 2022.

Safa Systems IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Jan 28, 2022
  • Bid/Offer Closes On: Feb 1, 2022
  • Finalization of Basis of Allotment: Feb 4, 2022
  • Initiation of refunds: Feb 7, 2022
  • Credit of Equity Shares: Feb 8, 2022
  • Listing Date: Feb 9, 2022

Safa Systems IPO price is set at ₹10 per equity share.

Safa Systems IPO will close for subscription at 5 PM on Feb 1, 2022. But most brokers stop accepting application between 1 PM to 3 PM.

The Safa Systems IPO starts on Jan 28, 2022. The issue ends on Feb 1, 2022.

Safa Systems IPO Issue Size and Subscription Status

The Safa Systems IPO size is 4000000 Equity Shares of ₹10 aggregating up to ₹4.00 Cr.

Safa Systems & Technologies Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Safa Systems IPO shares through the banks (using ASBA) or through the broker (using UPI).

Safa Systems IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,900,000 Shares
Retail Individual Investor (RII)1,900,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size3,800,000 Shares

Safa Systems IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)64.61 times times
Retail Individual Investor (RII)40.81 times times
Employee Reservations times
Other Reservations times
Total Issue Size52.71 times times

Click here to check the Safa Systems IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Safa Systems IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Safa Systems IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Safa Systems IPO Allotment and Listing

The Safa Systems IPO allot status will be available online on Feb 4, 2022. Check the Safa Systems IPO Allotment Status here.

Click here to check Safa Systems IPO Allotment Status.

Safa Systems IPO listing Date is Feb 9, 2022. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Safa Systems IPO listing date and time is published by the exchange in a circular.

Click here to view the Safa Systems IPO Basis of Allotment.

It is hard to say at what price Safa Systems IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Safa Systems IPO shares will list on Feb 9, 2022 at BSE SME.

Safa Systems IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Safa Systems IPO which could help you with questions like Safa Systems IPO buy or not? You should also read Safa Systems IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Safa Systems IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Safa Systems IPO performance. The performance reports are available 1 day after listing.