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    Acme Universal Safezone 9 IPO

    Updated 23 Sept 2026, 1:50 pm.

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    GMP disclaimer: GMP is unofficial and unregulated. It is not a recommendation or a reliable estimate of listing price or returns. Consider the RHP and your own risk assessment before applying.

    Minimum investment (Individual investors (IND))

    ₹2,27,200

    2 lots · 3,200 shares at the upper price band

    Price band

    ₹65–71

    Latest GMP

    Not yet quoted

    Est. listing price

    Issue size

    ₹34.13 Cr

    GMP history

    Each point is a recorded observation from the scheduled data sync.

    GMP history will appear after the scheduled sync records observations.

    GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.

    Issue details

    Board
    SME
    Price band
    ₹65–71
    Issue size
    ₹34.13 Cr
    Lot size
    1,600
    Opens
    28 Sept 2026
    Closes
    30 Sept 2026
    Allotment
    1 Oct 2026
    Listing
    6 Oct 2026
    Est. listing price
    Listing price
    Awaited
    Listing gain
    Awaited
    Registrar
    Maashitla Securities Pvt.Ltd.
    Minimum investment
    ₹2,27,200 (2 lots · 3,200 shares)
    Face value
    ₹10 per share
    Issue type
    Bookbuilding IPO
    Sale type
    Fresh capital only
    Listing at
    BSE SME
    Refunds
    5 Oct 2026
    Shares credited
    5 Oct 2026
    Promoter holding
    94.88% before · — after
    Lead managers
    Expert Global Consultants Pvt.Ltd.

    Full issue details

    Details as published for this issue, read 23 Sept 2026, 2:05 pm. Verify against the RHP before applying.

    IPO Details

    IPO Date28 to 30 Sep, 2026
    Listing DateTue, Oct 6, 2026 T
    Face Value₹ 10 per share
    Price Band₹65 to ₹71
    Lot Size1,600 Shares
    Sale TypeFresh capital only
    Issue TypeBookbuilding IPO
    Listing AtBSE SME
    Total Issue Size50,60,800 shares (agg. up to ₹ 36 Cr)
    Reserved for Market Maker2,54,400 shares (agg. up to ₹ 2 Cr)
    Fresh Issue (Ex Market Maker)48,06,400 shares (agg. up to ₹ 34 Cr)
    Net Offered to Public48,06,400 shares (agg. up to ₹ 34 Cr)
    Share Holding Pre Issue1,40,32,620 shares
    Share Holding Post Issue1,90,93,420 shares

    IPO Timetable (Tentative)

    IPO Open
    Mon, Sep 28, 2026
    IPO Close
    Wed, Sep 30, 2026
    Allotment
    Thu, Oct 1, 2026
    Refund
    Mon, Oct 5, 2026
    Credit of Shares
    Mon, Oct 5, 2026
    Listing
    Tue, Oct 6, 2026

    Issue Reservation

    Investor CategoryShares
    QIBNot more than 50% of the Offer
    RetailNot less than 35% of the Offer
    NIINot less than 15% of the Offer

    IPO Lot Size

    Individual investors (IND) (Min)₹2,27,200
    Individual investors (IND) (Max)₹2,27,200
    S-HNI (Min)₹3,40,800
    S-HNI (Max)₹9,08,800
    B-HNI (Min)₹10,22,400
    IPO Lot Size: What an application costs at the upper price band, by category. Figures as published in the table below.
    ApplicationLotsSharesAmount
    Individual investors (IND) (Min)23200₹2,27,200
    Individual investors (IND) (Max)23200₹2,27,200
    S-HNI (Min)34800₹3,40,800
    S-HNI (Max)812800₹9,08,800
    B-HNI (Min)914400₹10,22,400

    Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.

    IPO Subscription Details

    About Acme Universal Safezone 9 Ltd.

    Incorporated in November 2016 (originally established as a partnership firm in April 1994), Acme Universal Safezone 9 Limited is a leading manufacturer of industrial safety footwear under the 'ACME' brand. The company operates in the Personal Protective Equipment (PPE) segment, manufacturing and supplying a wide range of safety shoes for industries such as construction, oil & gas, mining, automotive, pharmaceuticals, chemicals, foundries, and power generation. Its product portfolio includes EVA-Rubber, Nitrile Rubber, and PVC safety footwear compliant with Indian and international standards including IS 15298, EN ISO 20345, ASTM F2413, and SEDEX SMETA.

    The company operates five manufacturing facilities across Madhya Pradesh and Uttar Pradesh, supported by advanced manufacturing technologies, SAP S/4 HANA ERP, ICad3D product design, CRM, and HRMS platforms. It serves customers through institutional sales, an extensive distributor and dealer network, e-commerce channels, and exports its products to several international markets including the UAE, Saudi Arabia, Bahrain, Nigeria, Israel, the Netherlands, Hong Kong, Cameroon, and Mauritius.

    The company focuses on technology-driven manufacturing, product innovation, international quality standards, and expanding its domestic and global footprint.

    As of March 31, 2026, Acme Universal Safezone 9 employed 1,073 professionals across operations, sales, marketing, finance, HR, and IT functions.

    Strengths

    Large-scale manufacturing capabilities with five production facilities.

    Automated manufacturing supported by advanced ERP and design technologies.

    Diversified safety footwear portfolio compliant with global quality standards.

    Strong domestic distribution network, export presence, and long-standing customer relationships.

    Company Financials (Restated)

    Total Income

    31 Mar 2024181.67
    31 Mar 2025191.31
    31 Mar 2026211.16

    Profit After Tax

    31 Mar 20247.56
    31 Mar 20250.80
    31 Mar 20265.86

    EBITDA

    31 Mar 202414.55
    31 Mar 20259.85
    31 Mar 202615.15

    NET Worth

    31 Mar 202441.96
    31 Mar 202546.91
    31 Mar 202652.77
    Company Financials (Restated): Each line is scaled to its own largest period, ₹ crore - compare periods within a line, not one line against another. Figures as published in the table below.
    Period Ended31 Mar 202631 Mar 202531 Mar 2024
    Assets146.72133.70119.07
    Total Income211.16191.31181.67
    Profit After Tax5.860.807.56
    EBITDA15.159.8514.55
    NET Worth52.7746.9141.96
    Reserves and Surplus38.7442.2337.50
    Total Borrowing58.0549.6544.51
    Amount in ₹ Crore

    Acme Universal Safezone 9 Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 628% between the financial year ending with March 31, 2026 and March 31, 2025.

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    IPO Objects of the Issue

    Funding capital expenditure requirements for the installation of solar power plant3.62
    Funding capital expenditure requirements towards installation of additional machinery8.96
    Funding incremental working capital requirements of the Company8.00
    IPO Objects of the Issue: What the proceeds are earmarked for (₹ Cr.). Figures as published in the table below.
    #Issue ObjectsEst Amt (₹ Cr.)
    1Funding capital expenditure requirements for the installation of solar power plant3.62
    2Funding capital expenditure requirements towards installation of additional machinery8.96
    3Funding incremental working capital requirements of the Company8.00
    4Funding inorganic growth through unidentified acquisitions and other strategic initiatives and General corporate purposes
    Total20.58

    The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

    Key Performance Indicator (KPI)

    KPIMar 31, 2026
    ROCE5.54%
    Debt/Equity1.10
    RoNW11.75%
    PAT Margin2.84%
    EBITDA Margin7.36%
    NAV37.60
    Price to Book Value1.89

    Check IPO Peer Comparison here.

    IPO Valuation

    Valuation MetricPre IPOPost IPO
    EPS (₹)4.173.07
    P/E (x)17.0323.13
    Market Cap at Offer Price₹99.63 Cr.₹135.56 Cr

    Disclaimer

    The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue

    The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.

    The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

    Shareholding Structure

    Pre IPO

    • Promoter and Promoter Group94.88%
    • Public5.12%
    Shareholding Structure: Who holds the company before and after the issue. Figures as published in the table below.
    CategoryPre IPOPost IPO
    Promoter and Promoter Group94.88%
    Public5.12%
    Total100%

    Company Promoters: Nitin Tiwari and Ruchi Tiwari.

    Acme Universal Safezone 9 IPO Recommendations

    Review BySubscribeMay ApplyNeutralAvoid
    Brokers0000
    Members0000

    IPO Registrar

    Maashitla Securities Pvt.Ltd.

    011-45121795

    investor.ipo@maashitla.com

    IPO Lead Manager(s)

    Expert Global Consultants Pvt.Ltd.

    Contact Details

    Acme Universal Safezone 9 Ltd. Address

    Near Twelve Shops Girwai Naka

    A. B. Road

    Gwalior, Madhya Pradesh , 474001

    93008 70326

    compliance@acmeuniversal9.com

    Acme Universal Safezone 9 IPO in the news

    Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.

    No coverage found yet.

    FAQ

    Acme Universal Safezone 9: common questions

    Answered from this issue's own record.

    The Acme Universal Safezone 9 SME IPO is priced at ₹65 to ₹71 per share, for an issue size of ₹34.13 crore.

    The issue opens on 28 Sept 2026 and closes on 30 Sept 2026, with listing expected on 6 Oct 2026.

    One lot is 1600 shares, and applications must be in multiples of a lot. At the upper band that is ₹1,13,600 for one lot.