Autofurnish IPO

IPO Details

• Open Date: 21 May 2026
• Close Date: 25 May 2026
• Minimum Investment: ₹2,46,000
• Lot Size: 3,000 shares
• Price Range: ₹41 per share
• Listing: BSE SME
• Issue Size: ₹14.60 Crore
• Listing Date: 29 May 2026

IPO Timeline

• Bidding Start: 21 May 2026
• Bidding Ends: 25 May 2026
• Allotment Finalisation: 26 May 2026
• Refund Initiation: 27 May 2026
• Demat Transfer: 27 May 2026
• Listing: 29 May 2026

About Autofurnish Limited

Autofurnish Limited, incorporated in May 2015, is engaged in the manufacturing and trading of automotive accessories. The company focuses on the B2B segment, offering products such as body covers and foot mats for cars and two-wheelers under the “Autofurnish” and “Mototrance” brands. Through its subsidiary, Golden Mace Private Limited, it also serves the B2C market via e-commerce platforms. Its manufacturing facilities hold multiple ISO and GMP certifications, reflecting strong quality standards. The company also produces motorcycle utility products and rider accessories designed for durability and functionality.

Autofurnish Limited IPO Overview

Autofurnish Limited IPO is a fixed price issue worth ₹14.60 crore, entirely comprising a fresh issue of 35,61,000 shares. The IPO opens on 21 May 2026 and closes on 25 May 2026. The allotment is expected on 26 May 2026, while refunds and Demat transfers are scheduled for 27 May 2026. The company is set to list on BSE SME on 29 May 2026. The issue price is fixed at ₹41 per share, with a lot size of 3,000 shares. Novus Capital Advisors Pvt. Ltd. is the lead manager, and Skyline Financial Services Pvt. Ltd. is the registrar to the issue.

Autofurnish Limited IPO Details

Particulars	Details
IPO Date	21 May 2026 to 25 May 2026
Listing Date	29 May 2026
Face Value	₹10 per share
Issue Price Band	₹41 per share
Lot Size	3,000 Shares
Total Issue Size	35,61,000 shares (aggregating up to ₹14.60 Cr)
Fresh Issue	35,61,000 shares (aggregating up to ₹14.60 Cr)
Offer for Sale	NA
Issue Type	Fixed Price IPO
Listing At	BSE SME
Share Holding Pre Issue	99,54,508 shares
Share Holding Post Issue	1,35,15,508 shares
Market Maker Portion	1,80,000 shares

Autofurnish Limited IPO Reservation

Investor Category	Shares Offered
Retail	Not less than 50% of the Net Issue
NII (HNI)	Not less than 50% of the Net Issue

Autofurnish Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	6,000	₹2,46,000
Retail (Max)	2	6,000	₹2,46,000
HNI (Min)	3	9,000	₹3,69,000

Autofurnish Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	93.10%
Post-Issue	68.57%

Autofurnish Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹3.52
Price/Earnings (P/E) Ratio	11.64
Return on Net Worth (RoNW)	16.09%
Net Asset Value (NAV)	TBD
Return on Equity	16.09%
Return on Capital Employed (ROCE)	21.34%
EBITDA Margin	16.93%
PAT Margin	9.99%
Debt to Equity Ratio	0.61

Objectives of the Proceeds

• Purchase of new machinery for production expansion: ₹1.89 Cr
• Meeting working capital requirements for business operations: ₹9.50 Cr
• Funding general corporate purposes and strategic growth: ₹1.96 Cr
• Covering IPO issue expenses and administrative costs: ₹1.45 Cr

Key Financials (in ₹ crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	23.28	16.01	14.11
Revenue	33.88	15.92	10.60
Profit After Tax	3.50	1.63	0.16
Reserves and Surplus	4.76	8.56	6.99
Total Borrowings	5.33	2.97	2.98

SWOT Analysis of Autofurnish Limited

Strengths and Opportunities	Weaknesses and Threats
Diverse automotive accessories portfolio across multiple vehicle categories	Dependence on automotive sector demand cycles
Strong certifications support product quality and customer trust	Competitive market may pressure pricing and margins
Growing B2B and expanding online B2C presence	Raw material cost fluctuations may impact profitability
Customised offerings enhance market competitiveness	Limited scale compared to larger industry players

IPO Strengths

• Experienced promoters and management team with industry expertise
• Wide range of automotive accessories under established brands
• Strong product customisation capabilities for varied customer needs
• Multiple ISO and GMP certifications ensuring quality standards
• Use of advanced technology in manufacturing operations
• Growing presence across both B2B and online B2C segments

Peer Group Comparison

As per the DRHP, there are no comparable listed peer of the company and therefore information related to peer is not provided.

Infographic Content 

Autofurnish Limited IPO Highlights 

Autofurnish Limited manufactures and trades automotive accessories, offering certified quality products across B2B and B2C segments under established brands with customised solutions. 

• Offer Size: ₹14.60 Crores (Fresh issue ₹14.60 Crores; OFS NA) 

• Purpose: Funds will be used for machinery purchase, working capital, and corporate purposes 

• Financials (FY March 2025): Revenue: ₹33.88 crore PAT: ₹3.50 crore; EPS: ₹3.52 

• Listing: SME IPO on BSE