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Safa Systems IPO Details

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

Safa Systems IPO Subscription Status Live

Safa Systems IPO subscribed 52.71 times. The public issue subscribed 40.81 times in the retail category, [.] times in QIB, and 64.61 times in the NII category by Feb 1, 2022.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers64.61
Retail Investors40.81
Employees[.]
Others[.]
Total52.71

Safa Systems IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Jan 28, 2022
1.621.261.44
Day 2
Jan 30, 2022
1.621.261.44
Day 3
Jan 31, 2022
2.687.124.90
Day 4
Feb 1, 2022
64.6140.8152.71

Safa Systems IPO Shares Offered

Safa Systems IPO is a public issue of 3,800,000 equity shares. The issue offers 1,900,000 shares to retail investors, 0 shares to qualified institutional buyers, and 1,900,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
NII1,900,0001.9050.00%
Retail1,900,0001.9050.00%
Total3,800,0003.80100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Safa Systems IPO Subscription FAQs

The Safa Systems IPO is subscribed 52.71 by Feb 1, 2022.

Safa Systems IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional64.61
Retail Individual40.81
Employee Reservations[.]
Others[.]
Total Subscription52.71

Retail category of Safa Systems IPO subscribed 40.81 times as of date Feb 1, 2022. The public issue closes on Feb 1, 2022 for bidding.

An investor can apply in Safa Systems IPO online via bank (using ASBA) or the broker (using UPI). The Safa Systems IPO shares are offered online only.

The Safa Systems IPO is subscribed 52.71 by Feb 1, 2022.

The Safa Systems IPO allotment status is expected on or around Feb 4, 2022. Visit Safa Systems IPO allotment status to check.

The Safa Systems IPO listing date is Wednesday, February 9, 2022. The equity share of Safa Systems & Technologies Limited will list on BSE SME.

Visit Safa Systems IPO subscription status page for real-time bidding information about Safa Systems IPO.

Safa Systems IPO Timetable

IPO Opens OnJan 28, 2022
IPO Closes OnFeb 1, 2022
Finalisation of Basis of AllotmentFeb 4, 2022
Initiation of RefundsFeb 7, 2022
Credit of Shares to Demat AccountFeb 8, 2022
IPO Listing DateFeb 9, 2022