Latest news with #MaashitlaSecurities
Entrepreneur
7 hours ago
- Business
- Entrepreneur
Safe Enterprises Retail Fixtures Launches INR 169.74 Cr IPO
You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Safe Enterprises Retail Fixtures Limited (SERFL), a leading player in the design, manufacturing, and installation of retail shop fittings and fixtures, has announced the launch of its INR 169.74 crore Initial Public Offering (IPO) on the NSE Emerge platform. The public issue will open on June 20, 2025, and close on June 24, 2025. The IPO comprises a fresh issue of 1.23 crore equity shares with a face value of INR 5 each. The price band for the offering is set between INR 131 and INR 138 per equity share. The company aims to raise INR 16,974 lakhs through the issue. Hem Securities Limited is acting as the book-running lead manager for the issue, while Maashitla Securities Private Limited is the registrar. The proceeds from the IPO will be primarily used to fund capital expenditure for setting up an integrated manufacturing facility. This includes land acquisition, civil construction, and procurement of plant and machinery, with an allocation of INR 65.88 crore. An additional INR 6.99 crore will be invested in the company's subsidiary, Safe Enterprises Retail Technologies Private Limited, for infrastructure development. Furthermore, INR 40 crore will be used to meet working capital requirements for both the parent company and its subsidiary. The remaining funds will be used for general corporate purposes. In FY25, the company reported consolidated revenue of INR 138.31 crore, with an EBITDA of INR 52.11 crore, reflecting a strong margin of 37.67%. Net profit for the year stood at INR 39.18 crore, translating to a net margin of 28.33%. The company also reported a high return on equity (ROE) of 77.54% and return on capital employed (ROCE) of 69.10%. Between FY23 and FY25, revenue grew at a CAGR of 33.84%, while profit after tax grew at a remarkable 80.04% CAGR. Originally founded in 1976 as a partnership firm, the company was restructured and incorporated as Safe Enterprises Retail Fixtures Limited in July 2024. Headquartered in Navi Mumbai, the company operates three manufacturing units and has an Experience Centre in Cochin. It caters to a wide array of retail sectors including fashion, electronics, and department stores. SERFL offers both traditional and modular retail fixture solutions, many of which integrate modern technologies such as IoT-enabled components, digital displays, and electrified systems. The company is led by Chairman and Managing Director Saleem Shabbir Merchant, who has over 48 years of industry experience, along with Mikdad Merchant, CFO, and Huzefa Merchant, Director.
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Business Standard
12 hours ago
- Business
- Business Standard
Influx Healthtech IPO booked 200x; check allotment, GMP, listing date
Influx Healthtech IPO allotment status: The basis of allotment of shares for Influx Healthtech is expected to be finalised today, Monday, June 23, 2025. The initial public offering (IPO) of Influx Healthtech, which closed for subscription on Friday, June 20, received a robust response from investors, with the offering being over subscribed by over 201 times. Investors bid for 817.53 million equity shares, which was 201.4 times the public issue size of 4.05 million shares, through 220,338 applications. After the allotment process is completed, investors can verify their IPO allotment status by visiting the official websites of the National Stock Exchange (NSE) and Maashitla Securities, the designated registrar for the Influx Healthtech IPO. Alternatively, they can use the direct links provided below to check their allotment status online: Check Influx Healthtech IPO allotment status on NSE: Check Influx Healthtech IPO allotment status on Maashitla Securities: Influx Healthtech IPO grey market premium (GMP) The unlisted shares of Influx Healthtech were trading at ₹118 in the grey market, commanding a premium of ₹22 or 22.3 per cent compared to the upper price band of ₹96 per share, according to sources tracking unofficial markets. Influx Healthtech IPO details The Mumbai-based company aims to raise ₹58.57 crore through a combination of a fresh issue of 5 million equity shares and an offer for sale (OFS) of 1.1 million equity shares at a price band of ₹91-96 per share. Shares of Influx Healthtech are scheduled to be listed on the NSE SME platform on Wednesday, June 25. Rarever Financial Advisors is the sole book-running lead manager. According to the red herring prospectus (RHP), the company intends to use the net fresh issue proceeds for the set up of the manufacturing facility Nutraceutical Division, a manufacturing facility for the Veterinary Food Division; purchase of machinery for Homecare and Cosmetic Division, and general corporate purposes. About Influx Healthtech Incorporated in 2020, Mumbai-based Influx Healthtech is a healthcare-focused company specialising in contract manufacturing. It operates a manufacturing facility located in Thane, Maharashtra. The company produces Dietary and Nutritional Supplements, Cosmetics, Ayurvedic/Herbal Products, Veterinary Feed Supplements, care products, Active Pharmaceutical Ingredients (APIs), and finished dosage forms, including tablets, capsules, and injectables.
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Business Standard
06-06-2025
- Business
- Business Standard
3B Films stock lists at 3% discount on BSE SME, misses GMP estimates
3B Films listing today: Shares of 3B Films made a negative stock market debut on the BSE SME platform on Friday, June 6, 2025. The company's stock listed at ₹48.5 per share, down 3 per cent from the issue price of ₹50 per share. The listing price of 3B Films was below grey market estimates. Ahead of the listing, unlisted shares of 3B Films were trading flat at ₹50 in the grey market, according to sources tracking unofficial markets. Post listing, the stock further slipped to ₹46.08, down 5 per cent from the listing price and 7.8 per cent from the issue price. 3B Films IPO details 3B Films plans to raise ₹33.75 crore through a fresh issue of 3.54 million equity shares aggregating to ₹17.76 crore and offer for sale (OFS) of 3.19 million shares aggregating to ₹15.99 crore. 3B Films offered at a price of ₹50 with a lot size of 3,000 shares, received bids for 1,18,92,000 shares against the 67,50,000 shares offered, resulting in an oversubscription of 1.76 times by the end of the subscription period, showed BSE data. 3B Films IPO was available for subscription from Friday, May 20, 2025, till Tuesday, May 30, 2025. The basis of allotment was finalised on Wednesday, June 4, 2025. According to the red herring prospectus (RHP), from the net fresh issue proceeds, the company aims to use ₹4.43 crore for capital expenditure, ₹7.15 crore for working capital requirements and ₹4.43 crore for general corporate purposes. Maashitla Securities is the registrar of the issue. Nirbhay Capital Services is the sole book-running lead manager. About 3B Films Incorporated in September 2014, 3B Films is engaged in the manufacturing and supply of CPP & CPE films tailored to meet the diverse needs of the flexible packaging industry and high-end thermoforming applications. Its product portfolio includes a wide range of CPP films designed to address the specific needs of various industries, including food and beverage, clothing, flowers and other consumer goods. The company has expanded exports to countries like Dubai, Nepal, Sri Lanka, and several African nations.
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Business Standard
04-06-2025
- Business
- Business Standard
3B Films IPO allotment today; check status, GMP, listing date
3B Films IPO allotment status: The basis of the allotment of shares for 3B Films is expected to be finalised today, June 4, 2025. The SME initial public offering (IPO) of 3B Films, which closed its three-day subscription window on Tuesday, June 3, received a muted response from investors, with the offering being oversubscribed by only 1.76 times, according to data available on BSE. The retail investors portion was subscribed 2.75 times, and the Non-institutional investors (NII) portion was booked 85 per cent. Here's how to check 3B Films IPO allotment status online: Once the allotment is finalised, investors can check their status on the official websites of the BSE and Maashitla Securities, the registrar of the issue. Check 3B Films IPO allotment status on Maashitla Securities: 3B Films IPO grey market premium (GMP) today On Wednesday, the unlisted shares of 3B Films were trading flat at ₹50, the issue price, according to sources tracking unofficial market activities. The GMP slipped from June 1, 2025, when the shares were trading at ₹53, commanding a premium of ₹3 or 6 per cent per share. ALSO READ | 3B Films IPO details The company plans to raise ₹33.75 crore through a fresh issue of 3.54 million equity shares and offer for sale (OFS) of 3.19 million shares. The company has fixed the price at ₹50 per equity share. Shares of 3B Films are scheduled to be listed on the BSE SME platform, tentatively on Friday, June 6, 2025. Nirbhay Capital Services is the sole book-running lead manager for the issue. According to the red herring prospectus (RHP), from the net fresh issue proceeds, the company aims to use ₹4.43 crore for capital expenditure, ₹7.15 crore for working capital requirements and ₹4.43 crore for general corporate purposes. About 3B Films Incorporated in September 2014, 3B Films is engaged in the manufacturing and supply of CPP & CPE films tailored to meet the diverse needs of the flexible packaging industry and high-end thermoforming applications. Its product portfolio includes a wide range of CPP films designed to address the specific needs of various industries, including food and beverage, clothing, flowers and other consumer goods. The company has expanded exports to countries like Dubai, Nepal, Sri Lanka, and several African nations.
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Business Standard
02-06-2025
- Business
- Business Standard
3B Films IPO Day 2 update; check subscription status, GMP, key dates
3B Films IPO Day 2 update, subscription status: The initial public offering (IPO) of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films maker 3B Films has received a lacklustre response from investors so far. The SME offering, which opened for public subscription on Friday, May 30, has received bids for 72,42,000 shares, against 64,08,001 on offer, leading to a subscription of 1.13 times at 11:25 AM on Monday, showed BSE data. 3B Films IPO grey market premium (GMP) According to sources tracking unofficial markets, the unlisted shares of 3B Films were trading at ₹53, commanding a GMP of ₹3 or 6 per cent against the issue price of ₹50, on Monday, in the grey market. 3B Films IPO details The company plans to raise ₹33.75 crore through a fresh issue of 3.54 million equity shares and offer for sale (OFS) of 3.19 million shares. The mainline IPO will close for subscription on Tuesday, June 3, 2025. The basis of the allotment of shares is expected to be finalised on Wednesday, June 4, 2025. Shares of 3B Films are scheduled to be listed on the BSE SME platform, tentatively on Friday, June 6, 2025. The company has fixed the price at ₹50 per equity share. Retail investors can bid for a minimum of one lot consisting of 3,000 shares with an investment amount of ₹1,50,000. The minimum investment required for high-net-worth individuals (HNIs) is ₹3,00,000 for two lots of 6,000 equity shares. Maashitla Securities is the registrar of the issue. Nirbhay Capital Services is the sole book-running lead manager for the issue. According to the red herring prospectus (RHP), from the net fresh issue proceeds, the company aims to use ₹4.43 crore for capital expenditure, ₹7.15 crore for working capital requirements and ₹4.43 crore for general corporate purposes. About 3B Films Incorporated in September 2014, 3B Films is engaged in the manufacturing and supply of CPP & CPE films tailored to meet the diverse needs of the flexible packaging industry and high-end thermoforming applications. Its product portfolio includes a wide range of CPP films designed to address the specific needs of various industries, including food and beverage, clothing, flowers and other consumer goods. The company has expanded exports to countries like Dubai, Nepal, Sri Lanka, and several African nations.
