Acme Universal Safezone 9 IPO

About Acme Universal Safezone 9 IPO

Acme Universal Safezone 9 IPO, an SME IPO, opens on September 28, 2026 and closes on September 30, 2026. The allotment of shares will take place on October 1, 2026. The listing of shares on the BSE SME platform will take place on October 6, 2026.

Acme Universal Safezone 9 IPO’s price band is set at ₹65 to ₹71 per share. The lot size for an application is 1,600. The minimum amount of investment required by a retail investor is ₹2,27,200 (3,200 shares) based on the upper price.

The offer consists of a fresh issue component. The fresh issue will include 50,60,800 shares aggregating up to ₹35.93 crore.

Acme Universal Safezone 9 manufactures and supplies industrial safety footwear under the brand name ‘ACME’. Its products reach customers through direct institutional sales, regional distributors and dealers, and digital and e-commerce channels. Export sales are made to markets including the UAE, Bahrain, Saudi Arabia, Nigeria, and Israel.

Objectives of Acme Universal Safezone 9 IPO

• Funding capital expenditure requirements for the installation of solar power plants.
  
• Funding capital expenditure requirements towards installation of additional machinery.
  
• Funding incremental working capital requirements of the company.
  
• Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
  

Industry Outlook

Safety footwear is a core category of Personal Protective Equipment in India. These shoes and boots protect workers from falling objects, sharp materials, slips, chemicals, and electrical hazards across manufacturing, construction, mining, logistics, and oil and gas. Agra, Kanpur, Chennai, and Ranipet are the main production hubs.

Exports have grown every year since FY 2021. India’s safety footwear exports rose from ₹647.75 crore in FY 2021 to ₹959.19 crore in FY 2025, a rise of nearly 48%. The UAE and France were the top export destinations in FY 2025.

Domestic demand rests on regulation and capital spending. The Occupational Safety, Health and Working Conditions Code requires employers to supply PPE, including safety shoes, that conforms to BIS or equivalent international standards.

About Acme Universal Safezone 9

Acme Universal Safezone 9 makes industrial safety footwear under the ‘ACME’ brand.

The company offers 15 product lines across EVA-rubber, nitrile rubber, and PVC sole types. These lines address impact, penetration, electrical shock, anti-static, heat, fire, chemical, and slip hazards for construction, mining, oil and gas, automotive, and pharmaceutical users. Production runs across four facilities in Madhya Pradesh and Uttar Pradesh. Sites are located at Gwalior and Banmore (District Morena) in Madhya Pradesh, and at Kanpur and Unnao in Uttar Pradesh.

Installed soling capacity was 43,15,000 units in FY 26, with 64.23% utilisation. The Company had 1,073 employees as of March 31, 2026, of whom 1,038 worked in operations and the rest across finance, HR, IT, marketing, and sales.

Strengths of Acme Universal Safezone 9

• Four manufacturing facilities across Madhya Pradesh and Uttar Pradesh handle every production stage in-house, from leather cutting and upper stitching to sole injection, testing, and packaging.

• The company’s 15 product lines across EVA-rubber, nitrile rubber, and PVC sole types comply with IS 15298, EN ISO 20345, ASTM F2413, and SEDEX SMETA standards.

• Three Desma PU direct injection machines from Germany and Orisol automated stitching machines, linked to SAP S/4 HANA, keep sole density and stitch quality consistent across batches.

• Export sales of ₹15.61 crore in FY 26 came from markets including the UAE, Bahrain, Saudi Arabia, Nigeria, Israel, and the Netherlands.

• Channel-partner warehousing at more than 40 locations across India supports sales through direct institutional contracts, distributors and dealers, and e-commerce platforms.

• An in-house R&D unit and product testing laboratory keep batch-wise records of tensile strength, flex resistance, compression, electrical properties, and sole bond strength.

Risks of Acme Universal Safezone 9

• The top 10 customers contributed 47.71% of revenue from operations in FY 26, so the loss of any major customer could cause a sharp fall in revenue.

• PU compound prices track crude oil and there are no long-term fixed-price supply contracts, so input cost spikes could squeeze margins on fixed-price government rate contracts.

• Any suspension or non-renewal of the BIS licence under IS 15298 would disqualify the Company from government tenders and cut revenue immediately.

• Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh, and Odisha together contributed 56.21% of revenue from operations in FY 26, so weaker demand in these states would hit sales.

• Short-term borrowings of ₹44.21 crore as of March 31, 2026 fund a working-capital-heavy model, and any credit shortfall could disrupt raw material purchases.

Notes:

P/E ratio has been calculated after considering closing BSE price of the peer as on July 27, 2026 obtained from website of Stock Exchange.

All the financial information for listed industry peers mentioned above is on an audited consolidated basis and sourced from the audited consolidated financial statements of the relevant companies for financial year ended on March 31, 2026, as available on the websites of the Stock Exchanges.

All the financial information for Acme Universal Safezone 9 mentioned above is from the Restated Financial Statements for the year ended March 31, 2026.

The Diluted EPS and NAV for Acme Universal Safezone 9 have been calculated after adjusting for changes in capital structure of the Company.

Anchor Investor Bidding Date

Friday, September 25, 2026

IPO Registrar and Book Running Lead Managers

Registrar Details

Maashitla Securities Private Limited

Email: investor.ipo@maashitla.com

Phone: +91 011 4758 1432

Book Running Lead Manager

Expert Global Consultants Private Limited

Acme Universal Safezone 9 Contact Details

Near Twelve Shops Girwai Naka, A. B. Road, Gwalior, Madhya Pradesh, India, 474001.

E-Mail Id: compliance@acmeuniversal9.com

Phone: +91- 93008 70326

Acme Universal Safezone 9 Business Model

The company earns its revenue through the manufacture and sale of industrial safety footwear under the ‘ACME’ brand. Domestic sales contributed ₹190.17 crore (92.36%) of revenue from operations in FY 26, while export sales contributed ₹15.61 crore (7.58%). Institutional clients in construction, oil and gas, mining, automotive, pharmaceuticals, and heavy engineering buy under long-term rate contracts and annual supply agreements managed by dedicated sales representatives.

Acme Universal Safezone 9 Growth Trajectory

Acme Universal Safezone 9 Limited’s Total Income for FY26 was ₹211.16 crore, whereas in FY25 and FY24 it was ₹191.31 crore and ₹181.67 crore, respectively.

The Profit After Tax for FY26 was ₹5.86 crore, whereas in FY25 and FY24 it was ₹0.80 crore and ₹7.56 crore, respectively.

Their EBITDA for FY26 was ₹15.15 crore, whereas in FY25 and FY24 it was ₹9.85 crore and ₹14.55 crore, respectively.

Acme Universal Safezone 9 Market Position

The Company distributes through channel-partner warehousing at more than 40 locations, covering cities including New Delhi, Mumbai, Pune, Hyderabad, Bengaluru, Chennai, Kolkata, Ahmedabad, Indore, and Bhopal. Maharashtra was the largest domestic market in FY 26 at ₹29.66 crore, followed by Tamil Nadu at ₹25.70 crore and Gujarat at ₹25.17 crore. The UAE was the largest export market at ₹6.80 crore, ahead of Nigeria and Israel.

As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹211.16 crore, ₹5.86 crore, and ₹15.15 crore, respectively.

How to apply for Acme Universal Safezone 9 IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
  
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
  
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
  
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.