Acme Universal Safezone 9 IPO
Leather • ₹36cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- Heavy dependence on government or PSU customers
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹28-30
Lot Size
1600 shares
Issue Size
₹36cr
Open
28 Sept 2026
Close
30 Sept 2026
Subscription
0.07×
IPO Schedule
| Issue Open Date | 28 Sept 2026 |
| Issue Close Date | 30 Sept 2026 |
| Allotment Date | 01 Oct 2026 |
| Listing Date | 06 Oct 2026 |
About Acme Universal Safezone 9
Acme Universal Safezone 9 manufactures industrial safety footwear, offering durable products that adhere to industry standards, including IS 15298 and IS 1989:2020. The company generates revenue by supplying safety shoes across various sectors, relying heavily on the defence and government sectors, alongside domestic business-to-business customers through open-market procurement and government rate contracts. The core business activities involve producing safety footwear using key raw materials such as polyurethane, PVC sole compounds, genuine leather, synthetic leather, and steel toe-caps. Acme operates manufacturing facilities in Gwalior, Banthar, and Banmore, having recently consolidated its Kanpur operations into the Banthar facility to improve process efficiency. The company emphasizes manufacturing durable safety shoes through efficient processes, utilizing advanced machinery like knife cutting machines and foam pouring machines. The business maintains a diversified customer base while focusing on consistent quality and competitive pricing for retail and institutional buyers.
Company Details
Founders / Promoters
Mr Nitin Tiwari
Founded
1994
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Subscription Status
0.07×
Total Subscription
Investment Analysis
Acme Universal Safezone 9 — IPOFins Verdict
QuantitativeDriven by overall subscription of 0.1x and elevated disclosed risk (9/10). SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- Experienced management team with deep industry expertise.
- Strict adherence to IS 15298 and IS 1989:2020 quality standards.
- Efficient manufacturing powered by advanced machinery.
- Cost-competitive offerings driven by efficient sourcing.
- Diversified customer base across multiple industrial sectors.
Score breakdown — what drove this verdict
High risk from DRHP → score -1.6
Total demand signal → score −1.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Acme Universal Safezone 9 IPO?
The price band is ₹28-30 per share with a lot size of 1600 shares. Minimum investment: ₹48,000.
What does Acme Universal Safezone 9 do?
Acme Universal Safezone 9 manufactures industrial safety footwear, offering durable products that adhere to industry standards, including IS 15298 and IS 1989:2020. The company generates revenue by supplying safety shoes across various sectors, relying heavily on the defence and government sectors, alongside domestic business-to-business customers through open-market procurement and government rate contracts. The core business activities involve producing safety footwear using key raw materials such as polyurethane, PVC sole compounds, genuine leather, synthetic leather, and steel toe-caps. Acme operates manufacturing facilities in Gwalior, Banthar, and Banmore, having recently consolidated its Kanpur operations into the Banthar facility to improve process efficiency. The company emphasizes manufacturing durable safety shoes through efficient processes, utilizing advanced machinery like knife cutting machines and foam pouring machines. The business maintains a diversified customer base while focusing on consistent quality and competitive pricing for retail and institutional buyers.
Should I apply for Acme Universal Safezone 9 IPO?
Acme Universal Safezone 9 is drawing muted interest at 0.1x overall subscription. IPOFins Score 1/10: Driven by overall subscription of 0.1x and elevated disclosed risk (9/10). SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Acme Universal Safezone 9?
Acme Universal Safezone 9 was founded by Mr Nitin Tiwari in 1994.