Mumbai, Nov. 6 -- The scrip was listed at Rs 81.60, a discount of 20% over the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 81.60 and a low of Rs 77.55. About 30,000 shares of the company changed hands at the counter.

Safecure Services's IPO was subscribed 1.77 times. The issue opened for bidding on 29 October 2025 and it closed on 31 October 2025. The price band of the IPO was fixed at Rs 102 per share.

The IPO comprised fresh issue of 30,00,000 equity shares. The promoter and promoter group shareholding diluted to 94.33% from 66.14% pre-issue.

The company intends to utilize the net proceeds for repayment or pre-payment, in full or in par...