About Acme Universal Safezone 9
Personal Protective Equipment - Safety Footwear
The business originated as M/s Acme Fabrik Plast Co in 1994 and was incorporated as a company in 2016. The company offers 15 product lines across EVA rubber, nitrile rubber and PVC safety footwear. Its products serve industries including construction, oil and gas, mining, heavy engineering, automotive, pharmaceuticals, chemicals, foundries and power generation. The company operates manufacturing facilities across Madhya Pradesh and Uttar Pradesh and sells through institutional customers, distributors, dealers and e-commerce channels. It also exports to markets including the UAE, Bahrain, Saudi Arabia, Nigeria, Israel, the Netherlands, Hong Kong, Cameroon and Mauritius.
IPO_DETAILS_LONG: Acme Universal Safezone 9 IPO is a BSE SME book-built issue of 50,60,800 equity shares of face value ₹10 each aggregating up to ₹35.93 Cr at the upper price band. The issue is entirely a fresh issue with no OFS. The price band is ₹65 to ₹71 per share. The stated lot size is 1,600 shares, while the minimum retail application is two lots, or 3,200 shares, amounting to ₹2,27,200 at the upper price band. The IPO opens on September 28, 2026 and closes on September 30, 2026. Allotment is scheduled for October 1, refund and share credit for October 5, and listing on BSE SME is scheduled for October 6, 2026. The company proposes to use ₹3.62 Cr for a solar power plant, ₹8.96 Cr for additional machinery and ₹8.00 Cr for incremental working capital, with the remaining net proceeds for unidentified acquisitions, strategic initiatives and general corporate purposes.