Autofurnish IPO
Price band
₹41
Lot size
3000 shares
Min investment
₹1,23,000
Issue size
₹14.60 Cr
IPO schedule
| Open date | 21 May 2026 |
| Close date | 25 May 2026 |
| UPI mandate cut-off | 25 May 2026 |
| Allotment finalisation | 26 May 2026 |
| Refund initiation | 27 May 2026 |
| Shares credited to demat | 27 May 2026 |
| Listing date | 29 May 2026 |
| Mandate end date | 9 Jun 2026 |
| Anchor lock-in (50%) | 24 Jun 2026 |
| Anchor lock-in (remaining) | 23 Aug 2026 |
Issue size
Subscription status
Reserved and applied figures are in crore shares.
About Autofurnish
Autofurnish Limited is engaged in the manufacturing and trading of automotive accessories and operates mainly through two business segments – manufacturing and trading. The company designs, manufactures, markets, and sells products such as body covers and foot mats for cars and two-wheelers, primarily under the “Autofurnish” and “Mototrance” brands. Its business is largely focused on the B2B segment, where it earns revenue from the sale of automotive accessories. At the same time, its wholly owned subsidiary, Golden Mace Private Limited, caters to the B2C segment through online platforms such as Flipkart, Amazon, Zepto, and its own website. The company has built an integrated business model that combines manufacturing and trading operations and provides customised products based on client requirements. Its manufacturing facilities hold multiple ISO and IATF certifications related to quality, safety, and operational standards.
Strengths
- Autofurnish operates in both the manufacturing and trading of automotive accessories.
- The company offers products like body covers and foot mats for cars and two-wheelers.
- Its manufacturing facilities are certified under multiple ISO and IATF quality standards.
- The company serves both B2B and B2C customers through online and offline channels.
- Autofurnish expanded its customer base from around 53 customers in FY24 to 106 customers in FY25.
Risks
- The company’s manufacturing operations were discontinued between November 2022 and March 2024.
- The business depends heavily on manpower and has faced high employee attrition in the past.
- Some trademarks used by the company are legally owned by its subsidiary company.
- The company does not possess formal documents for the acquisition of the Autofurnish proprietorship business.
- Any disruption in manufacturing or supply arrangements may impact revenue and profitability.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.