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.
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.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.