Safecure Services IPO highlights formalisation trend inside private security contracting

₹30.6 crore is the capital raise planned through Safecure Services’ IPO at ₹102 per share, directed toward scaling workforce formalisation and standardising SLA-linked compliance capability for multi-site industrial and commercial contracts. The company aims to expand contract coverage for manufacturing estates, infra clusters, warehousing parks, and large commercial campuses. Analysts note this issue arrives at a time when enterprises are shifting toward traceable vendor assurance structures tied to insurance-grade audit controls. The IPO outcome will indicate how much public markets value regulated physical security as a long-term recurring revenue vertical.