Acme Universal Safezone 9 IPO Opens: Check Price Band and Key Details
Acme Universal Safezone 9 Limited launches its ₹36 crore IPO. Check price band, lot size, and key details for this industrial safety footwear player.
Acme Universal Safezone 9 Limited has officially announced its Initial Public Offering (IPO), marking a significant step for the industrial safety footwear manufacturer. The issue is currently open for subscription, having commenced on September 28, 2026, and is scheduled to close on September 30, 2026. The company's equity shares are slated for listing on the BSE SME platform.
IPO Details and Price Band
Investors looking to participate in this offering should note the following key financial parameters:
- Total Issue Size: 50,60,800 Equity Shares
- Price Band: ₹65 to ₹71 per share
- Lot Size: 1,600 Equity Shares (and multiples thereof)
- Tentative Issue Value: Approximately ₹36 crores (calculated at the cap price)
- Listing Date: Expected on October 06, 2026, on the BSE SME platform
About Acme Universal Safezone 9 Limited
With a legacy dating back to 1994, the company has established itself as a specialist in the Personal Protective Equipment (PPE) segment, specifically focusing on industrial safety footwear. The firm operates four manufacturing facilities spread across Madhya Pradesh and Uttar Pradesh.
The company boasts a diverse product portfolio, offering 15 different product lines. These include various sole types such as EVA-rubber, Nitrile Rubber, and PVC, designed to meet the rigorous demands of multiple industries. Their client base spans several critical sectors, including:
- Construction and Mining
- Oil & Gas and Power Generation
- Heavy Engineering and Automotive
- Pharmaceuticals and Chemical Processing
- Foundry operations
Beyond domestic markets, the company has a global footprint, exporting products to various regions including the Middle East, Europe, Africa, and Asia. Their distribution network is robust, utilizing direct institutional sales, regional dealers, and e-commerce, supported by over 40 warehousing locations across India.
Technology and Growth Strategy
To maintain a competitive edge, the company integrates advanced technology into its operations. This includes the use of ICad3D technology for sophisticated product design and visualization, alongside SAP S/4 HANA for comprehensive enterprise resource planning across its manufacturing units.
Commenting on the milestone, Mr. Nitin Tiwari, the Promoter & Managing Director, stated that the IPO is a vital step in the company's three-decade journey. He noted that the funds raised would be utilized to strengthen manufacturing capabilities and bolster the company's working capital to fuel the next phase of growth.
Objects of the Issue
The company intends to utilize the proceeds from the IPO for several strategic purposes:
- Capital expenditure for the installation of additional machinery.
- Capital expenditure for the installation of a solar power plant.
- Meeting incremental working capital requirements.
Disclaimer: Investment in equity shares involves a high degree of risk. Potential investors are advised to read the Red Herring Prospectus carefully and consult with financial advisors before making any investment decisions.