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Safety Controls IPO opens today. Check GMP, price band, subscription and other details
April 6, 2026
Economic Times
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Safety Controls and Devices' Rs 48 crore IPO opened with a flat grey market premium, signaling cautious investor sentiment. The company, an EPC player in substations and solar projects, aims to raise funds for working capital and debt repayment. Despite a solid anchor investor base and government-linked projects, execution risks and SME liquidity are key considerations for potential investors.
Economic Times
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