Mumbai, June 27 -- The scrip was listed at Rs 151, a premium of 9.42% compared with the initial public offer (IPO) price. The stock was currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 158.55 and a low of Rs 151. About 50.96 lakh shares of the company changed hands at the counter.

Safe Enterprises Retail Fixtures' IPO was subscribed 13.73 times. The issue opened for bidding on 20 June 2025 and it closed on 24 June 2025. The price band of the IPO was set at Rs 131 to Rs 138 per share.

The IPO comprised fresh issue of 1,23,00,000 equity shares. The promoter and promoter group shareholding diluted to 70.07% from 95.19% pre-issue.

The company intends to utilize the net proceeds for funding the...