Safa Systems & Technologies will start booking for IPO on 2022-01-28.
Safa Systems & Technologies will stop its booking for IPO on 2022-01-28.
The size of Safa Systems & Technologies IPO is ₹4.00 Cr.
Safa Systems & Technologies is Established on 2012 and engaged 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 company has strict quality regulations and has been also awarded with ISO 9001:2015 quality certifications. Recently, the company has taken an office in Mumbai as a part of its expansion plans to grow their presence into other regions of the country.
Competitive Strengths:
Mr. Faizal Bavaraparambil Abdul Khader and Mr. Bavaraparambil Abdhulkadher Hydrose are the company promoters.
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 7-Oct-21 | 31-Mar-21 | 31-Mar-20 | |||
| Total Assets | 446.81 | 489.28 | 402.67 | ||
| Total Revenue | 1,451.92 | 2,086.60 | 2,552.25 | ||
| Profit After Tax | 2.73 | 2.93 | 3.12 | ||
The Safa Systems IPO open date is Jan 28, 2022, and the close date is Feb 1, 2022. The issue may list on Feb 9, 2022.
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IPO Open Date
|
Jan 28, 2022 |
|---|---|
|
IPO Close Date
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Feb 1, 2022 |
|
Basis of Allotment Date
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Feb 4, 2022 |
|
Initiation of Refunds
|
Feb 7, 2022 |
|
Credit of Shares to Demat Account
|
Feb 8, 2022 |
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IPO Listing Date
|
Feb 9, 2022 |
The Safa Systems IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).
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Minimum
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1 Lot, 10000 Shares and ₹100,000 |
|---|---|
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Maximum
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2 Lot, 20000 Shares and ₹200,000 |
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| GMP is not available. Subscribe alert we will send notification when its available and keep you updated. |
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