ANGEL ONE

(₹20/Trade)

Open Account

MOTILAL OSWAL

Open Account

Stock Market Institue

Trial Class

Book Now

IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

Mainboard IPOs & FPOS SME IPOs & FPOS NCD Issues Rights Issues IPO Reports Stock Broker Stock Report

Autofurnish IPO Details

Fixed Price IPO | ₹15 Cr | Listing at BSE SME | Thu, May 21, 2026 - Mon, May 25, 2026 CT

Autofurnish IPO is a fixed issue price of ₹14.60 crores. The issue is entirely a fresh issue of 0.36 crore shares of ₹14.60 crore.

Autofurnish IPO opens for subscription on May 21, 2026 and closes on May 25, 2026. The allotment for the Autofurnish IPO is expected to be finalized on May 26, 2026. Autofurnish IPO will list on the BSE SME with a tentative listing date fixed as May 29, 2026.

Autofurnish IPO is set final issue price at ₹41 per share. The lot size for an application is 3,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,46,000 (6,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (9,000 shares), amounting to ₹3,69,000.

Novus Capital Advisors Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is NDA Securities Ltd.

Refer to Autofurnish IPO DRHP for detailed Information.

IPO Open

Thu, May 21, 2026

IPO Close

Mon, May 25, 2026

Price Band

₹41 per share

Market Cap (Pre-IPO)

₹55.41 Cr

IPO Details

IPO Date

21 to 25 May, 2026
Listing Date

Fri, May 29, 2026T
Face Value

₹10 per share
Price Band

₹326 to ₹343
Issue Price

₹41 per share
Lot Size

3.000 Shares
Sale Type

Fresh capital only
Issue Type

Fixed Price IPO
Listing At

BSE SME

Total Issue Size

35,61,000 shares (agg. up to ₹15 Cr)
Reserved for Market Maker

1,80,000 shares (agg. up to ₹0.7380 Cr) NDA Securities Ltd.
Fresh Issue (Ex Market Maker)

33,81,000 shares (agg. up to ₹14 Cr)
Net Offered to Public

33,81,000 shares (agg. up to ₹14 Cr)
Share Holding Pre Issue

99,54,508 shares
Share Holding Post Issue

1,35,15,508 shares

IPO Timetable (Tentative)

IPO Open

Thu, May 21, 2026
Allotment

Tue, May 26, 2026
Credit of Shares

Wed, May 27, 2026

IPO Close

Mon, May 25, 2026
Refund

Wed, May 27, 2026
Listing

Fri, May 29, 2026

Issue Reservation

Autofurnish IPO comprises a total issue size of 35,61,000 shares. The net offer to the public is 33,81,000 shares, after excluding 1,80,000 shares allotted on a firm basis. Of the Net offer 16,89,000 (49.96%) allocated to NII 16,92,000 (50.04%) allocated to RII.

Investor Category	Shares Offered	% of Net Issue	% of Total Issue
NII (HNI) Shares Offered	16,89,000	49.96%	47.43%
Retail Shares Offered	16,92,000	50.04%	47.51%
Firm Reservations
Market Maker Shares Offered	1,80,000		5.05%
Total Shares Offered	35,61,000	100.00%	100.00%

IPO Lot Size

Investors can bid for a minimum of 6,000 shares and in multiples of 3,000 shares thereof.

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

About Autofurnish Ltd.

Incorporated in May 2015, Autofurnish Ltd is engaged in manufacturing and trading automotive accessories.

The company mainly operates in the B2B segment, focusing on the design, manufacturing, marketing, and sale of automobile accessories such as body covers and foot mats for cars and two-wheelers. Its products are sold under the “Autofurnish” and “Mototrance” brands. The company’s facilities are ISO- and GMP-certified, ensuring quality and safety.

Golden Mace Private Limited and its subsidiary operate in the B2C segment through online platforms such as Amazon, Flipkart, Zepto, and its own website.

The company’s manufacturing facilities are certified under ISO 9001:2015, ISO 14001:2015, ISO 50001:2018, ISO 45001:2018, ISO 26262-1:2011, IATF 16949:2016, and GMP, demonstrating our commitment to quality, safety, and sustainability.

The company makes motorcycle utility and rider products like Towel Cloths, polishing pads, riding gear, and accessories, focusing on durability, functionality, and convenience.

As of March 31, 2026, the company had 40 employees.

Competitive Strengths

Wide Range of Products under one roof
Customized product offerings
Experienced promoters and management team
Use of latest technology

Company Financials (Restated Consolidated)

Period Ended	31 Dec 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	33.50	23.28	16.01	14.11
Total Income	28.32	33.88	15.92	10.60
Profit After Tax	2.83	3.50	1.63	0.16
EBITDA	4.79	5.11	2.82	0.85
NET Worth	17.57	14.71	9.07	7.50
Reserves and Surplus	7.61	4.76	8.56	6.99
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects

Est Amt (₹ Cr.)
1 Capital Expenditure-Purchase of new machineries

93.50
2 Working Capital

1.89
3 General Corporate Purposes

1.96
4 Issue Expenses

1.45
Total

14.80

Key Performance Indicator (KPI)

KPI	Dec 31, 2025	Mar 31, 2025
ROE	16.09%	23.50%
ROCE	21.34%	33.74%
Debt/Equity	0.61	0.36
RoNW	16.09%	23.50%
PAT Margin	9.99%	10.51%
EBITDA Margin	16.93%	15.30%
Price to Book Value	2.32	2.77

	Pre IPO	Post IPO
EPS (₹)	3.52	2.79
P/E (x)	11.64	14.7
Promoter Holding	93.10%	68.57%
Market Cap	₹55.41 Cr.

Mr. Puneet Arora and Mr. Ruppal Wadhwa are the company promoters.

The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2025 available in RHP.

IPO Review

[Dilip Davda]

AL is engaged in the manufacturing and marketing of automotive accessories. It operates in B2B and B2C segments. It posted growth in its top and bottom lines for the reported periods. Based on its recent financial data, the issue appears fully priced. It is operating in a highly competitive and fragmented segment. Only well-informed/cash surplus/risk seekers may park moderate funds for medium term

Read detail review…

Autofurnish IPO Recommendations

Review By	Subscribe	May Apply	Neutral	Avoid
Brokers	0	1	0	0
Members	0	0	0	0

IPO Subscription Status

The Autofurnish IPO is subscribed 0.93 times on May 25, 2026 2:54:35 PM (Day 3). The public issue subscribed 0.99 times in the individual investors category, [.] times in the QIB category, and 0.80 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category	Subscription (x)	Shares Offered	Shares bid for	Total Applications
NII*	0.80	16,89,000	13,47,000	0
Individual Investor	0.99	16,92,000	16,74,000	0
Total	0.93	33,81,000	31,41,000	300

Total Applications: 300

*Market Maker portion is not included to NII/HNI.

IPO Expenses

Header

Header
1 Lead manager(s) fees including underwriting commission

1.23
2 Brokerage, selling commission and upload fees

0.00
3 Registrars to the issue

0.01
4 Legal Advisors

0.01
5 Advertising and marketing expenses

0.05
6 Regulators including stock exchanges

0.07
7 Printing and distribution of issue stationary

0.02
8 Peer Review Auditor Fees

0.5
9 Other professional and consultancy charges

0.02
Total

1.45

IPO Registrar

Skyline Financial Services Pvt.Ltd.

02228511022
virenr@skylinerta.com
Visit Website

IPO Lead Manager(s)

Novus Capital Advisors Pvt.Ltd. (Past IPO Performance)

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

Autofurnish Ltd. Address

K-55, Udyog Nagar,

Peeragarhi, Nangloi

West Delhi, New Delhi, 110041

+91-8375818888
corporate@autofurnish.com
Visit Website

IPO FAQs

What is the Autofurnish IPO?

Autofurnish IPO is a SME IPO of 35,61,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹41 per share. The minimum order quantity is 3000.

The IPO opens on Thu, May 21, 2026, and closes on Mon, May 25, 2026.

Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

How to apply in Autofurnish IPO through Angel One?

Angel One customers can apply online in Autofurnish IPO using UPI as a payment gateway. Angel One customers can apply in Autofurnish IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Autofurnish IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Autofurnish IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Angel One IPO Application Process Review for more detail.

When Autofurnish IPO will open?

The Autofurnish IPO opens on Thu, May 21, 2026 and closes on Mon, May 25, 2026.

What is the lot size of Autofurnish IPO?

Autofurnish IPO lot size is 3000, and the minimum amount required for application is ₹2,46,000, with 2 lots being the minimum application size.

How to apply for Autofurnish IPO?

You can apply in Autofurnish IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is Autofurnish IPO allotment?

The finalization of Basis of Allotment for Autofurnish IPO will be done on Tuesday, May 26, 2026, and the allotted shares will be credited to your demat account by Wed, May 27, 2026. Check the Autofurnish IPO allotment status.

When is Autofurnish IPO listing date ?

The Autofurnish IPO listing date is not yet announced. The tentative date of listing is Fri, May 29, 2026.