Understanding Shariah Compliance in IPOs and Stocks:
Investing wisely is essential for both financial growth and ethical alignment. For those interested in making investments that comply with Islamic law, understanding the Shariah status of Initial Public Offerings (IPOs) and stocks is crucial. This article aims to provide insights into the Shariah compliance of Safecure Services Ltd, ensuring that your investment choices are not only profitable but also ethical.
Table of Contents
Analyzing The Company
Company Name: Safecure Services Ltd
Industry: Other Consumer Services
Listing At: BSE (SME)
Safecure Group: Integrated Security & Technology Solutions
Vision & Mission
Vision
To change the landscape of business support services and the outsourcing environment in the region.
Mission
To be our customers’ trusted partner, delivering total business support solutions, to enable our customers to focus on their core business.
Company Overview
Safecure Group is a rapidly growing integrated security and technology-driven facility management service provider established in 2012. We employ some of the best integrated security and facility management professionals, equipped with advanced technology-enabled solutions to assist humans under hostile work environments.
Subsidiary Company
Safesense Tech Services Limited (registered in 2017) — One of the leading and most trusted names in the Indian Electronic Surveillance industry, with deployment spread across the length and breadth of Indian geography.
Service Portfolio
Core Services
- Integrated Security Solutions
- Electronic Surveillance
- Facility Management
Allied Solutions
- Training
- Cash Logistics
- Event Security
- Security Consultancy & Risk Management
- Central Monitoring Services
- Mechanized Housekeeping/Sanitation
- Manpower Services
Three Core Pillars
| Pillar | Focus |
|---|---|
| Operational Efficiency | Improving business processes and workflows |
| Risk Management | Comprehensive security and threat mitigation |
| Resource Utilization | Optimal deployment of technology and manpower |
Why Choose Safecure Group
Quality & Professionalism
- Institutionalized high quality and professionalism since 2012
- Continuous improvement of personalized services
- Exceeding expectations through proactive approach
Technology Integration
- Cost-effective security solutions through fine integration of technology and manpower
- Advanced technology-enabled solutions
- Hi-tech surveillance solutions
Partnership Excellence
- Lasting partnerships built on trust
- Measurable service through mutually agreed service level agreements
- Value-added services provision
Local Expertise
- 100% Indian company with deep environmental understanding
- Hands-on management and dedicated supervisory support infrastructure
- 100% statutory compliance with Government legislations
Management Standards
- Stability in management with dedicated senior management involvement
- Unfailing commitment to highest ethical and professional standards
- Personalized solutions to strengthen partner relationships
Service Approach
Our services represent an amalgamation of technology and manpower that ensures the highest ethical and professional standards, helping us build lasting relationships with our partners through measurable, compliant, and proactive service delivery.
Shariah Status
The IPO is Non-Shariah Compliant, please see below image.
IPO Timeline (Tentative Schedule)
| IPO Open Date | Wed, Oct 29, 2025 |
| IPO Close Date | Fri, Oct 31, 2025 |
| Tentative Allotment | Mon, Nov 3, 2025 |
| Initiation of Refunds | Tue, Nov 4, 2025 |
| Credit of Shares to Demat | Tue, Nov 4, 2025 |
| Tentative Listing Date | Thu, Nov 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 31, 2025 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,44,800 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,44,800 |
| HNI (Min) | 3 | 3,600 | ₹3,67,200 |
Financials
Safecure Services Ltd. delivered solid financial growth for the year ending March 31, 2025. Total income rose to ₹73.27 crore from ₹63.06 crore in FY2024, an increase of about 16%, supported by higher operating activity. Profit after tax (PAT) increased to ₹6.16 crore, up 8% year‑on‑year from ₹5.69 crore, reflecting improved margins. EBITDA improved to ₹12.43 crore (FY2025) from ₹11.36 crore (FY2024), indicating strengthened operating profitability. Total assets grew to ₹53.07 crore as of March 31, 2025, up from ₹37.48 crore a year earlier, while net worth expanded to ₹20.93 crore from ₹15.00 crore, showing healthier capitalization. Reserves and surplus rose to ₹14.16 crore (FY2025) versus ₹8.12 crore (FY2024). Borrowings increased moderately to ₹20.55 crore, largely funding the company’s expansion. Interim figures to June 30, 2025 show assets of ₹54.61 crore, total income of ₹18.36 crore and PAT of ₹1.99 crore, indicating continued momentum into the new fiscal period. All amounts in ₹ crore.
KPI
| KPI | Values |
|---|---|
| ROE | 28.86% |
| ROCE | 22.48% |
| Debt/Equity | 0.98 |
| RoNW | 28.86% |
| PAT Margin | 8.26% |
| EBITDA Margin | 17.00% |
| Price to Book Value | 4.79 |
| Market Capitalization | 102.41 |
LINKS
Ready to invest in Shariah-compliant opportunities? Explore more at IslamicStock & consider opening a demat account from the below link!
- Open Demat Account:
- Visit our Website: www.IslamicStock.in
- Read our Blog: blog.islamicstock.in
- Download our App:
SEBI Disclaimer
Investing in IPOs involves risks. Please read the offer document carefully before investing. This article is for informational purposes only and does not constitute financial advice. Investors should consult their financial advisors before making any investment decisions.