Acme Universal Safezone 9 IPO Details, Dates & Price 2026

29 Sep 2026 · 8 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.

Acme Universal Safezone 9 Limited's ₹35.93 Cr BSE SME IPO is open from 28 Sep 2026 to 30 Sep 2026. Review company business, issue terms, financials, objects, and live subscription status.

Written by the BuyUnlistedShares desk · Published 29 Sep 2026 · Updated 29 Sep 2026

Information only, not investment advice.

Direct answer: The Acme Universal Safezone 9 IPO is open for bidding from 28 Sep 2026 to 30 Sep 2026 with a price band of ₹65 to ₹71 per equity share on the BSE SME platform. Acme Universal Safezone 9 on BuyUnlistedShares offers direct coverage provided by BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002.

Acme Universal Safezone 9 IPO Issue Terms and Structure

Acme Universal Safezone 9 Limited has launched its book-built SME initial public offering on 28 Sep 2026, aiming to raise ₹35.93 Cr through a fresh issue of 48,06,400 equity shares with a face value of ₹10 per share. The issue price band is fixed at ₹65.0 to ₹71.0 per equity share. Bidding closes on 30 Sep 2026.

The lot size for retail applications is set at 1600 shares. Minimum investment terms for retail and non-institutional categories are structured as follows:

• Retail Individual Investors: Minimum order quantity is 3200 shares (2 lots) amounting to ₹2,27,200 at the upper price band.
• Small Non-Institutional Investors (sNII): Minimum application starts at 4800 shares requiring an investment of ₹2,27,200.
• Big Non-Institutional Investors (bNII): Minimum application starts at 4800 shares with an investment value of ₹10,22,400.

The allotment basis is scheduled for 01 Oct 2026, with initiation of refunds and demat credit of shares on 05 Oct 2026. The stock is listed to trade on the BSE SME platform on 06 Oct 2026. Pre-issue promoter shareholding stands at 94.88%, which will dilute to 69.73% post-issue. Promoters Nitin Tiwari and Ruchi Tiwari manage the entity, with Maashitla Securities Pvt. Ltd. acting as the registrar and Expert Global Consultants Pvt. Ltd. as lead manager.

Business Operations and Industrial Footprint

Originally established as a partnership firm under the name M/s Acme Fabrik Plast Co in 1994, the company converted into a private limited entity in 2016 and subsequently into a public limited company in July 2025. Acme Universal Safezone 9 Limited manufactures and distributes industrial safety footwear under its core brand, "ACME", within the Personal Protective Equipment (PPE) market.

The company operates five manufacturing facilities located across Madhya Pradesh and Uttar Pradesh. Its product matrix comprises 15 product lines across EVA-rubber, Nitrile Rubber, and PVC sole types, designed to serve occupational safety needs in construction, oil and gas, mining, automotive, pharmaceuticals, chemicals, foundries, and power generation sectors. Operations adhere to IS 15298, EN ISO 20345, ASTM F2413, and SEDEX SMETA compliance standards.

Production processes leverage digital integration including SAP S/4 HANA ERP, ICad3D design technology, customer relationship management systems, and dedicated human resource management platforms. Alongside a domestic distribution network covering over 40 locations in cities such as Mumbai, New Delhi, Bengaluru, Hyderabad, and Kolkata, the company exports footwear to international markets including the UAE, Saudi Arabia, Bahrain, Nigeria, Israel, Netherlands, Hong Kong, Cameroon, and Mauritius.

Financial Performance and Financial Summary

Per restated financial data as of 31 Mar 2026, Acme Universal Safezone 9 reported continuous revenue expansion alongside margin fluctuation over recent financial years:

Per the restated financial summary, total income increased from ₹181.67 Cr in FY24 to ₹211.16 Cr in FY26, while profit after tax recovered to ₹5.86 Cr in FY26 after dropping to ₹0.80 Cr in FY25.

For FY26, operational revenue reached ₹205.90 Cr with total income standing at ₹211.16 Cr. EBITDA was recorded at ₹15.15 Cr (7.36% margin), while Profit After Tax (PAT) stood at ₹5.86 Cr (2.84% margin). Total assets expanded to ₹146.72 Cr as of 31 Mar 2026, up from ₹133.70 Cr in FY25 and ₹119.07 Cr in FY24. Net worth grew to ₹52.77 Cr, supported by reserves and surplus of ₹38.74 Cr. Total borrowings as of 31 Mar 2026 stood at ₹58.05 Cr, representing a debt-to-equity ratio of 1.1x.

Objects of the Issue and Valuation Peers

The net proceeds from the fresh issue, after accounting for issue expenses, are proposed to be allocated toward specific business requirements:

• ₹3.62 Cr for capital expenditure toward installation of a solar power plant.
• ₹8.96 Cr for capital expenditure toward installation of additional machinery.
• ₹8.00 Cr to fund incremental working capital requirements.
• Remaining funds allocated toward inorganic growth via unidentified strategic acquisitions and general corporate purposes (subject to regulatory limits).

At the upper price band of ₹71 per share, the company commands a post-issue price-to-earnings (P/E) ratio of 23.13x based on post-issue EPS of ₹3.07, and a pre-issue P/E ratio of 17.03x based on FY26 basic EPS of ₹4.17. Net Asset Value (NAV) per share was ₹37.60 as of 31 Mar 2026, translating to a price-to-book (P/B) ratio of 1.89x.

In comparison with listed industry peers as of 31 Mar 2026, Liberty Shoes Ltd traded at a P/E of 40.82x with RoNW of 4.79%, Superhouse Ltd traded at a P/E of 54.74x with RoNW of 0.79%, and Mallcom (India) Ltd traded at a P/E of 20.76x with RoNW of 9.44%. Acme Universal Safezone 9 recorded Return on Net Worth (RoNW) of 11.75% for FY26.

For comprehensive data and valuation tracking across public and private markets, investors rely on BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002. To track upcoming mainboard and SME issues, refer to our IPO calendar or evaluate pre-IPO opportunities using our Unlisted shares screener.

Live Subscription Status and Grey Market Premium

The issue opened for bidding on 28 Sep 2026. Subscription data captured on 28 Sep 2026 at 11:35:00 shows an overall subscription level of 0.13x.

The live subscription chart reflects an initial total bidding level of 0.08x at 08:20 on 28 Sep 2026, reaching 0.13x by 11:35 on the same day.

Category-wise subscription as of 28 Sep 2026 (11:35:00) is detailed below:

• Non-Institutional Investors (NII): Subscribed 0.52x (sNII at 0.81x, bNII at 0.38x).
• Retail Individual Investors: Subscribed 0.16x.
• Qualified Institutional Buyers (QIB): Subscribed 0.0x.

As of 28 Sep 2026, no grey market premium (GMP) is recorded for this issue in desk records. Any grey market quotes, when present, remain unofficial and indicative only, and do not serve as a prediction or guarantee of exchange listing performance. Investors evaluating SME offerings may also review coverage on the SRIT India IPO: Price Band, Dates, Financials and Business Overview and the Shah Investor's Home IPO: Dates, Price Band, Financials and Key Details.

Strengths and Operational Risks

Key Strengths:

• Established manufacturing footprint with five operational units across Madhya Pradesh and Uttar Pradesh.
• Automated manufacturing processes backed by SAP S/4 HANA ERP and ICad3D design software integration.
• Diverse portfolio of 15 product lines meeting international standards (IS 15298, EN ISO 20345, ASTM F2413).
• Multi-channel domestic sales presence across 40+ industrial locations and exports to 10+ countries.

Key Risk Factors:

• Pending Fire No Objection Certificates (Fire NOCs) for certain manufacturing units in Madhya Pradesh and Uttar Pradesh.
• Working capital intensity due to lead times between raw material procurement and revenue realization.
• Credit risk exposure from trade receivables and customer credit terms.
• Historical discrepancies in statutory filings and corporate records with the Registrar of Companies (ROC).
• Reliance on client work orders and risk of financial penalties if contractual product specifications are not fulfilled.

To receive updated information on SME issues, allotment status, or pre-IPO opportunities, reach out through our enquiry form. BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 delivers structured market research and corporate insights across primary and unlisted equities.

Frequently Asked Questions

What are the key dates for the Acme Universal Safezone 9 IPO?

The IPO opens on 28 Sep 2026 and closes on 30 Sep 2026. The basis of allotment is set for 01 Oct 2026, refunds and demat credit take place on 05 Oct 2026, and BSE SME listing is scheduled for 06 Oct 2026.

What is the price band and minimum order size for retail investors?

The price band is ₹65.0 to ₹71.0 per equity share. The lot size is 1600 shares, while the minimum order size for retail investors is 3200 shares (2 lots) amounting to ₹2,27,200 at the upper price band.

What does Acme Universal Safezone 9 Limited do?

The company manufactures and exports industrial safety footwear under the "ACME" brand from five facilities in MP and UP, serving sectors such as construction, mining, automotive, oil and gas, and chemical processing.

What is the live subscription status and grey market premium (GMP)?

As of 28 Sep 2026 (11:35:00), the issue is subscribed 0.13x overall (Retail 0.16x, NII 0.52x). No grey market premium is recorded for this issue in desk data as of 28 Sep 2026; GMP quotes, when available, are unofficial and indicative.

Is the Acme Universal Safezone 9 IPO suitable for investment?

We do not make that call. As a dealing desk, BuyUnlistedShares provides factual market information and document analysis rather than investment recommendations. Investors should review the offer document, financial terms, risk factors, and consult a registered financial advisor.

Information only, not investment advice. Unlisted and pre-IPO securities carry liquidity, valuation and listing-timing risk; read the offer document and consult a SEBI-registered investment adviser for advice specific to your situation.