Chanakya

Autofurnish IPO

Published: 17 May 2026 | 5.57 AM
Last Updated: 17 May 2026 | 8.30 PM

IPO Overview / Intro

Autofurnish IPO is an SME fixed price issue of Rs. 14.60 crore. The issue comprises entirely a fresh issue of 35.61 lakh shares. The IPO opens for subscription on 21 May 2026 and closes on 25 May 2026. The company is proposed to be listed on the BSE SME platform on 29 May 2026.

Autofurnish Ltd is engaged in manufacturing and trading automotive accessories including car body covers, foot mats, riding accessories and utility products for automobiles and two-wheelers. The company operates under the “Autofurnish” and “Mototrance” brands and caters to both B2B and B2C markets through distributors, e-commerce platforms and direct channels.

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Key Highlights

Particulars Details
IPO Type SME Fixed Price IPO
Issue Size Rs. 14.60 Cr
Business Automotive Accessories Manufacturing
Listing Exchange BSE SME
Issue Nature Fresh Issue Only
Issue Price Rs. 41 per share
Retail Application 2 Lots Mandatory
Listing Date 29 May 2026
Lead Manager Novus Capital Advisors Pvt. Ltd.
Registrar Skyline Financial Services Pvt. Ltd.

Autofurnish IPO GMP – Latest Update

Particulars Details
IPO GMP Today Rs. NA
Kostak NA
Subject to Sauda NA
GMP Trend Awaited

Autofurnish IPO Subscription Status – Live Update

Investor Category Subscription Status
QIB NA
NII Yet to Open
Retail Yet to Open
Total Yet to Open

IPO Details at a Glance

Particulars Details
IPO Date 21 May to 25 May 2026
Listing Date 29 May 2026
Face Value Rs. 10 per share
Issue Price Rs. 41 per share
Lot Size 3,000 Shares
Issue Type Fixed Price IPO
Sale Type Fresh Issue Only
Listing At BSE SME
Total Issue Size 35,61,000 Shares (Rs. 14.60 Cr)
Fresh Issue 35,61,000 Shares (Rs. 14.60 Cr)
Market Maker Portion 1,80,000 Shares
Net Offer to Public 33,81,000 Shares
Shareholding Pre Issue 99,54,508 Shares
Shareholding Post Issue 1,35,15,508 Shares
Market Cap (Pre-IPO) Rs. 55.41 Cr

IPO Timetable

Event Date
IPO Open Thursday, 21 May 2026
IPO Close Monday, 25 May 2026
Allotment Finalisation Tuesday, 26 May 2026
Refund Initiation Wednesday, 27 May 2026
Credit of Shares Wednesday, 27 May 2026
Listing Date Friday, 29 May 2026

Reservation

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

Lot Size

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

Company Details

Autofurnish Ltd, incorporated in 2015, is engaged in manufacturing and trading automotive accessories for passenger vehicles and two-wheelers. The company focuses on products such as body covers, foot mats, utility accessories, polishing pads, riding gear and motorcycle rider products.

The company operates through both B2B and B2C channels. Its products are available on e-commerce platforms including Amazon, Flipkart and Zepto, while also being distributed through offline channels. Autofurnish operates manufacturing facilities with multiple ISO certifications, reflecting its focus on quality, operational standards and automotive compliance systems.

Particulars Details
Registered Office K-55, Udyog Nagar, Peeragarhi, Nangloi, West Delhi, New Delhi – 110041
Phone +91-8375818888
Email corporate@autofurnish.com
Business Segment Automotive Accessories
Core Products Body Covers, Foot Mats, Riding Gear, Utility Products
Brands Autofurnish, Mototrance
Sales Channels B2B & E-commerce
Employee Strength 40 Employees
Particulars Details
Lead Manager Novus Capital Advisors Pvt. Ltd.
Registrar Skyline Financial Services Pvt. Ltd.
Market Maker NDA Securities Ltd.

Financials

Particulars (Rs. Cr.) 31 Dec 2025 FY25 FY24 FY23
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 & Surplus 7.61 4.76 8.56 6.99

Valuation

Objects of the Issue Estimated Amount (Rs. Cr.)
Purchase of New Machinery 1.89
Working Capital Requirement 9.50
General Corporate Purpose 1.96
Issue Expenses 1.45
Total 14.80
KPI FY25
ROE 23.50%
ROCE 33.74%
Debt/Equity 0.36
RoNW 23.50%
PAT Margin 10.51%
EBITDA Margin 15.30%
Price to Book Value 2.77
Particulars Pre IPO Post IPO
EPS (Rs.) 3.52 2.79
P/E (x) 11.64 14.70
Promoter Holding 93.10% 68.57%
Market Cap Rs. 55.41 Cr NA

Chanakya View

Autofurnish IPO operates in the automotive accessories segment where demand is supported by rising vehicle ownership, replacement demand and growing e-commerce penetration in aftermarket auto products.

The company has demonstrated strong revenue growth and margin expansion over the last three financial years. Its diversified automotive accessory portfolio, presence across B2B and online retail channels and certified manufacturing facilities are key positives for the business.

The valuation also appears reasonable compared to the company’s profitability profile and improving operational scale. However, investors should also consider risks related to competition from unorganised players, dependency on automotive demand cycles and raw material cost fluctuations.

Parameter Chanakya View
Business Model Automotive Accessories Manufacturing
Financial Trend Improving
Margin Profile Healthy
Valuation Reasonably Priced
Risk Level Moderate
Listing Appeal Positive
Long-Term Appeal Selective

Chanakya View: Autofurnish IPO appears to be a reasonably priced SME IPO from the automotive accessories segment with improving profitability and diversified distribution channels. Investors with moderate risk appetite may consider selective exposure from medium-to-long term perspective.

Frequently Asked Questions (FAQs)

What is Autofurnish IPO GMP today?

Autofurnish IPO GMP today is currently unavailable in the grey market. GMP activity is expected to emerge closer to the listing date.

What is the Autofurnish IPO price band?

Autofurnish IPO is a fixed price issue priced at Rs. 41 per share.

What is the Autofurnish IPO lot size?

The minimum lot size for retail investors is 2 lots comprising 6,000 shares worth Rs. 2,46,000.

When will Autofurnish IPO list?

Autofurnish IPO is scheduled to list on the BSE SME platform on 29 May 2026

 

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