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

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
Issue Price
₹41 per share
Market Cap (Pre-IPO)
₹55.41 Cr
| IPO Date | 21 to 25 May, 2026 |
| Listed on | Fri, May 29, 2026 |
| Face Value | ₹10 per share |
| 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 NDA Securities Ltd. (agg. up to ₹0.7380 Cr) |
| 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 |
| BSE Script Code | 544767 |
| ISIN | INE18HI01019 |
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% |
Investors can bid for a minimum of 6,000 shares and in multiples of 3,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 6,000 | ₹2,46,000 |
| Individual investors (IND) (Max) | 2 | 6,000 | ₹2,46,000 |
| HNI (Min) | 3 | 9,000 | ₹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.
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
| 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 | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gallard Steel Ltd. | SME | ₹37.50 Cr | ₹150 | 17.31 | ₹234.25 | +56.17% | ₹177.50 (+2.87%) |
| Sellowrap Industries Ltd. | SME | ₹30.28 Cr | ₹83 | 8.4 | ₹94.50 | +13.86% | ₹72.90 (-3.70%) |
| SEDEMAC Mechatronics Ltd. | Mainboard | ₹1,087.35 Cr | ₹1352 | 126.91 | ₹1,451.10 | +7.33% | ₹2,825.60 (-0.84%) |
| Tenneco Clean Air India Ltd. | Mainboard | ₹3,600.00 Cr | ₹397 | 28.97 | ₹490.80 | +23.63% | ₹605.90 (+0.31%) |
| Studds Accessories Ltd. | Mainboard | ₹455.49 Cr | ₹585 | 33.06 | ₹560.30 | -4.22% | ₹470.25 (+2.51%) |
| Belrise Industries Ltd. | Mainboard | ₹2,150.00 Cr | ₹90 | 16.61 | ₹97.41 | +8.23% | ₹238.20 (+0.32%) |
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 | 1.89 |
| 2 | Working Capital | 9.50 |
| 3 | General Corporate Purposes | 1.96 |
| 4 | Issue Expenses | 1.45 |
| Total | 14.80 |
| 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. |
The Autofurnish IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | 1.25 | 33,81,000 | 42,36,000 | 352 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 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 | 0.05 |
| 9 | Other professional and consultancy charges | 0.02 |
| Total | 1.45 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹41.00 |
| Open | ₹43.00 |
| Low | ₹40.85 |
| High | ₹45.15 |
| Last Trade | ₹45.15 |
Lead Manager Reports
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.
Zerodha customers can apply online in Autofurnish IPO using UPI as a payment gateway. Zerodha customers can apply in Autofurnish IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Autofurnish IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Autofurnish IPO opens on Thu, May 21, 2026 and closes on Mon, May 25, 2026.
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.
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 Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
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.
The Autofurnish IPO listing date is on Fri, May 29, 2026.