Safa Systems & Technologies Limited
Established on 2012, Safa Systems & Technologies is 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:
- Organizational stability along with management expertise
- Established relationship with customers and suppliers
- Strong supplier relationship ensuring the right supply and pricing of the products
- Quality & ISO Certifications
Company Promoters:
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 |
Safa Systems IPO Details
| IPO Opening Date | Jan 28, 2022 |
| IPO Closing Date | Feb 1, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹10 per equity share |
| Market Lot | 10000 Shares |
| Min Order Quantity | 10000 Shares |
| Listing At | BSE SME |
| Issue Size | 4,000,000 Eq Shares of ₹10 (aggregating up to ₹4.00 Cr) |
Safa Systems IPO Tentative Timetable
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.
| IPO Open Date | Jan 28, 2022 |
| IPO Close Date | Feb 1, 2022 |
| Basis of Allotment Date | Feb 4, 2022 |
| Initiation of Refunds | Feb 7, 2022 |
| Credit of Shares to Demat Account | Feb 8, 2022 |
| IPO Listing Date | Feb 9, 2022 |
Safa Systems IPO Lot Size
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).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 10000 | ₹100,000 |
| Maximum | 2 | 20000 | ₹200,000 |
Safa Systems & Technologies Limited
46/2631 B, Safa Arcade,
Kaniyapilly Road, Chakkaraparambu,
Ernakulam-682028, Kerala, India
Phone: 7593001140
Email: office@sssinfo.in
Website: http://www.sssinfo.in/