Acme Universal Safezone 9 IPO was an SME issue of ₹36 Cr at a price band of ₹65 – ₹71 per share, open from 28 Sep 2026 to 30 Sep 2026. The shares listed on BSE SME on 06 Oct 2026.
IPO Signal Analysis
📊 Based on Grey Market Premium (GMP) & Subscription Data — not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
⭐ Overall Signal
Moderate Interest
GMP + Subscription combined Not financial advice
Subscription Signal
Moderate Interest
0.00x subscribed
Issue Details
Fresh Issue₹36 Cr
Offer for Sale (OFS)Nil
Total Issue Size₹36 Cr
Face Value₹10
Market Cap (at issue)₹135.56 Cr
Listing ExchangeBSE SME
📅 Open Date28 Sep 2026
🔒 Close Date30 Sep 2026
✂️ Cut-off Price Date30 Sep 2026
🎟️ Allotment Date01 Oct 2026
💸 Refund Initiation02 Oct 2026
📂 Demat Credit02 Oct 2026
📈 Listing Date06 Oct 2026
Objects of the Issue
💰 Rooftop solar power plant — ₹3.62 Cr
💰 Additional machinery — ₹8.96 Cr
💰 Working capital — ₹8.00 Cr
💰 General corporate purposes
About the Company
Acme Universal Safezone 9, whose business dates back to 1994 and which is based in Gwalior, makes industrial safety footwear under the 'ACME' brand. Its 15 product lines use EVA-rubber, nitrile-rubber and PVC soles to protect against impact, puncture, electric shock, heat, chemicals and slipping. It supplies construction, oil and gas, mining, engineering, automotive, pharma and power companies, and sells through distributors, dealers and online. It has four plants in Madhya Pradesh and Uttar Pradesh and exports to the Middle East, Africa and Europe.
Strengths
✅ Three decades in safety footwear, an established 'ACME' brand, and demand driven by workplace-safety rules
✅ Uses German PU-injection and stitching machinery, with an in-house R&D and testing lab
✅ Rate contracts and annual supply agreements with corporate buyers
✅ Sells through several channels, plus exports to over eight countries
Risk Factors
⚠️ Profit has been volatile — PAT was ₹7.6 Cr in FY24, ₹0.8 Cr in FY25 and ₹5.9 Cr in FY26
⚠️ Thin margins (about 3% net) on income of around ₹211 Cr
⚠️ Debt of about ₹58 Cr and receivables of about ₹29 Cr
⚠️ Raw-material prices follow crude-oil derivatives and leather supply
⚠️ Footwear has low entry barriers and many competitors
Subscription Status
Not yet open
QIB: —
NII: —
RII: —
GMP Trend
Day-wise Subscription
Day
QIB
NII
RII
Overall
Day 1
—
—
—
0.00x
Day 2
—
—
—
0.00x
Day 3
—
—
—
0.00x
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
94.88%Pre-IPO
→ -25.1%
69.73%Post-IPO
94.88%
69.73%
Founders & Leadership
NT
Nitin Tiwari
Promoter & Managing Director
Leads the company as Managing Director
RT
Ruchi Tiwari
Promoter
Member of the promoter group
IPO Timeline
✓
Open Date28 Sep 2026
✓
Close Date30 Sep 2026
✓
Allotment Date01 Oct 2026
✓
Listing Date06 Oct 2026
Key Financials
Revenue₹211 Cr
PAT₹5.9 Cr
EPS₹4.17
P/E Ratio17.03x
ROE11.75%
Market Cap₹135.56 Cr
Company Financials (Restated Consolidated)
Period Ended
FY26
FY25
FY24
Total Income
211.16
191.31
181.67
Profit After Tax
5.86
0.80
7.56
Amount in ₹ Crore
Key Performance Indicators (KPI)
KPI
FY26
FY25
Metric
Pre IPO
Post IPO
EPS
₹4.17
—
P/E (x)
17.03x
—
ROE (%)
11.75%
—
Promoter Holding
94.88%
69.73%
Market Cap
₹135.56 Cr
IPO Registrar
Maashitla Securities
Acme Universal Safezone 9 IPO FAQs
Acme Universal Safezone 9 IPO is an SME IPO with an issue size of ₹36 Cr at a price band of ₹65 – ₹71. Minimum lot size is 1600 shares and the minimum application is 2 lots (minimum investment ~₹2,27,200). Opened on 28 Sep 2026 and closed on 30 Sep 2026. Listed on BSE SME. Registrar: Maashitla Securities.
Apply through ASBA via your bank's net banking, or via UPI through Zerodha, Groww, Upstox, Angel One, or your broker's app. Select the IPO, choose lot quantity, and approve the UPI mandate or ASBA block.
Opened on 28 Sep 2026 and closed on 30 Sep 2026. Cut-off price date: 30 Sep 2026.
Lot size is 1600 shares and the minimum application is 2 lots. At the upper price band of ₹71, minimum investment is approximately ₹2,27,200.
Allotment date is 01 Oct 2026. Refund initiation and demat credit were scheduled for 02 Oct 2026.
Listed on 06 Oct 2026 on BSE SME.
GMP is an unofficial grey-market indicator and can change at any time. Figures are compiled from publicly available sources for information only — this is not investment advice.Official references: SEBI · NSE · BSE
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