— subscribed overall. GMP +₹13. Retail —.
Demand
GMP is unofficial and should be treated as market sentiment, not advice.
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Company
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.
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GMP history
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