| Price | 65 to 71 |
|---|---|
| GMP Rumors | ₹10 |
| Lot size | 1600 |
| Issue size | ₹36 Cr |
| Allotment | 01-10-2026 |
| Refund | 05-10-2026 |
| Listing | 06-10-2026 |
| Stars |
★☆☆☆☆ |
| ISIN | INE1KUL01020 |
| Allotment Status | Maashitla |
| Video |  |
BSE List Price : ₹101.00
| Category | Times |
|---|---|
| QIBs | 31.29x |
| HNIs | 32.33x |
| Retail | 15.23x |
| Total : 23.49x | |
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹227,200 |
| Retail Maximum | 2 | 3,200 | ₹227,200 |
| S - HNI Minimum | 3 | 4,800 | ₹340,800 |
| S - HNI Maximum | 8 | 12,800 | ₹908,800 |
| B - HNI Minimum | 9 | 14,400 | ₹1,022,400 |
Acme Universal Safezone 9 Limited is a manufacturer and supplier of industrial safety footwear under the “ACME” brand, operating in the Personal Protective Equipment (PPE) segment. The company traces its origins to 1994 and was incorporated as a public limited company in 2016. Its products are designed for protection against impact, compression, penetration, electrical hazards, heat, fire, chemicals, static electricity and slipping.
The company operates five manufacturing facilities across Madhya Pradesh and Uttar Pradesh, with automated manufacturing equipment and an installed annual capacity of approximately 43.15 lakh pairs. It also exports its products to markets including the UAE, Bahrain, Saudi Arabia, Nigeria, Israel, the Netherlands and Hong Kong.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹181.67 | ₹171.57 | ₹7.56 | ₹119.07 |
| 2025 | ₹191.31 | ₹188.21 | ₹0.80 | ₹133.70 |
| 2026 | ₹211.16 | ₹203.35 | ₹5.86 | ₹146.72 |
Nitin Tiwari
Ruchi Tiwari
Integrated Manufacturing Infrastructure:
The company operates five automated manufacturing plants equipped with German DESMA machines, robotic arms and Orisol stitching systems, supporting large-scale production and quality control.
Wide Product Portfolio:
The company has 15 product lines designed for different industrial safety requirements and manufactured according to Indian and international standards.
Technology & Product Development:
The company uses ICad3D digital prototyping and automated manufacturing technologies for product development, design and production efficiency.
Established Customer Network:
The company serves 7,000+ corporate clients through a distribution network covering more than 40 locations in India.
Export Presence:
Products are exported to markets across the Middle East, Europe, Africa and Asia, providing geographical diversification.
Experienced Management:
The business has been operating in the safety-footwear segment for more than three decades, with Nitin Tiwari and Ruchi Tiwari as promoters.
Leased Manufacturing Premises:
The company's offices and manufacturing plants operate from leased premises. Any disruption or non-renewal of lease arrangements could affect operations.
Geographical Concentration:
A significant portion of revenue is generated from certain Indian states. Loss of business from these markets could adversely affect revenue and profitability.
Customer Concentration:
The top 10 customers contributed 47.71% of revenue in FY2026. A reduction in orders from major customers could therefore materially affect revenue.
Raw Material Price Risk:
The business depends on materials such as PU/PVC compounds, leather and steel toe caps, which are exposed to price volatility and supply-related risks.
Manufacturing & Safety Risk:
Manufacturing involves chemicals, high-temperature processes and heavy machinery. Accidents, fire, environmental issues or non-compliance with safety regulations could disrupt operations.
Competitive Industry:
The company faces competition from organised and unorganised manufacturers, traders, suppliers and importers on factors such as price, quality, delivery and customer relationships.
Working Capital Requirement:
Insufficient operating cash flow or inability to obtain financing could affect the company's working capital and operations.
1. Solar Power Plant
Approximately 3.62 crore is proposed for capital expenditure towards installation of a solar power plant.
2. Additional Machinery
Approximately 8.96 crore is proposed for the purchase and installation of additional machinery.
3. Working Capital
Approximately 8.00 crore is proposed to fund the company's incremental working-capital requirements.
4. Inorganic Growth & General Corporate Purposes
The company has also proposed using proceeds for unidentified acquisitions, strategic initiatives and general corporate purposes, subject to the applicable limits.
Acme Universal Safezone 9 Ltd.
Near Twelve Shops Girwai Naka
A. B. Road
Gwalior, Madhya Pradesh, 474001
Phone: 93008 70326
Email: compliance@acmeuniversal9.com
Website: https://www.acmeuniversal9.com/
Maashitla Securities Pvt. Ltd.
Phone: 011-45121795
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues