Msafe Equipments Share Price

Msafe Equipments Limited was incorporated on August 19, 2019 as 'Msafe Equipments Private Limited', a Private limited Company issued by Registrar of Companies, Delhi. Further, Company was converted from private limited to public limited, and the name was changed from 'Msafe Equipments Private Limited' to 'Msafe Equipments Limited' vide fresh Certificate of incorporation dated May 26, 2025 issued by the Registrar of Companies, Central Processing Centre. Company is engaged in the business of manufacturing, sales and rental of access and height-safety equipments, primarily used to facilitate safe working at heights. The product basket includes aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders and fibre reinforced plastic (FRP) ladders, which are designed to meet varied operational and safety requirements across construction, maintenance, installation, repair and infrastructure development activities. These products provide safe and stable access for vertical and elevated operations, enabling workers to undertake activities such as building exterior works including facade and cladding installation, painting and plastering, HVAC and MEP works, electrical cabling and fittings, ceiling and interior finishing, fire-fighting works and warehouse stacking and retrieval, among others, while significantly reducing the risk of workplace accidents. In FY 2023-24, Company commenced manufacturing operations covering aluminium scaffoldings, ladders (FRP and Aluminium) and MS scaffoldings, while earlier its product portfolio primarily comprised aluminium scaffoldings and aerial work platform (AWP) scissor lifts. In May 2025, it shifted manufacturing operations of MS Scaffolding to Unit-III. Company is planning the Initial Offer aggregating 54,00,000 Equity Shares of face value Rs 10 each, comprising a fresh issue of 44,00,000 equity shares and 10,00,000 equity shares through offer for sale.