Safety Controls & Devices IPO

Incorporated in June 2015, Safety Controls and Devices Limited specialises in EPC (Engineering, Procurement, and Construction), focusing on substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, we operate as an engineering enterprise. The company primarily caters to government entities and undertakings, constituting a significant portion of its customer base. This includes various state and central government power utilities, private power entities, and renewable energy developers. The company operates 19 substations and is expanding into utility-scale solar and electric vehicle charging stations. The company has completed turnkey projects for 30 years. The company is AOC Middle East LLC certified: ISO 9001:2015. Competitive Strengths

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment/prepayment, in part or full of certain of the borrowings 6.00 2 Funding the working capital requirements of the Company 31.50 3 General Corporate Purposes 5.64 Total 43.14

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