Safety Controls & Devices Ltd. IPO

Our Company was incorporated as a private limited Company under the Companies Act, 2013, in the name of “Safety Controls & Devices Private Limited” on June 01, 2015, with a Certificate of Incorporation issued by the Registrar of Companies, Kanpur. Later, the Company was converted ... into a public limited company, and the name was changed to “Safety Controls & Devices Limited” with a fresh Certificate of Incorporation issued on September 11, 2023, was issued by the Registrar of Companies, Kanpur, Uttar Pradesh. The Corporate Identification Number of our Company is U31908UP2015PLC071082. We are primarily engaged in the EPC (Engineering, Procurement, and Construction) business, focusing on the installation of substations, construction of solar plants, installation of firefighting equipment, currently we are also undertaking some construction projects of hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, our operations are carried out as an engineering enterprise. We have experience in executing turnkey projects across multiple sectors like transmission and distribution, solar energy, EV charging infrastructure, fire protection systems and hospital construction. Read more

Our Company was originally incorporated as Private Limited, under the Companies Act, 2013 (“Companies Act”) in the name and style of “Safety Controls & Devices Private Limited” on June 01, 2015 under the provisions of the Companies Act, 2013 vide Certificate of ... Incorporation issued by the Registrar of Companies, Kanpur. Later on, company was converted into public limited company, subsequently the name of our Company was changed to “Safety Controls & Devices Limited” and fresh Certificate of Incorporation dated October 10, 2023 was issued by the Registrar of Companies, Kanpur, Uttar Pradesh. The Corporate Identification Number of our Company is U31908UP2015PLC071082

OVERVIEW OF THE POWER INDUSTRY IN INDIA
Power is among the most critical components of infrastructure, crucial for the economic growth and welfare of nations. The existence and development of adequate power infrastructure is essential for sustained growth of the Indian economy. The ... fundamental principle of India’s power industry has been to provide universal access to affordable power in a sustainable way. The Ministry of Power has made significant efforts over the past few years to turn the country from one with a power shortage to one with a surplus by establishing a single national grid, fortifying the distribution network, and achieving universal household electrification. OVERVIEW OF THE RENEWABLE ENERGY INDUSTRY IN INDIA India’s Energy Demand Is Projected To Rise Faster Than Any Other Country In The Coming Decades, Driven By Its Size And Growth Potential. Most Of This Demand Must Be Met Through Low-Carbon, Renewable Sources. India Has Pledged To Achieve Net Zero Carbon Emissions By 2070 And Meet 50% Of Its Electricity Needs From Renewables By 2030. As Of 2023, India Ranked Fourth In Wind, Solar, And Overall Renewable Capacity, Totaling 125.15 Gw, With A Cagr Of 15.4% Since Fy16. Supported By Government Initiatives And Favorable Economics, The Sector Is Increasingly Attractive To Investors And Vital For Future Demand. Read more