Endurance Technologies Ltd IPO (Endurance Technologies IPO) Detail

Oct 5, 2016 - Oct 7, 2016

Incorporated in year 2000, Endurance Technologies Ltd is in the business of manufacturing two-wheeler and three-wheeler automotive component. Information in this paragraph is provided by, India's No. 1 IPO Investment Portal.Endurance Tech also manufacture specified components for four-wheeler passenger vehicles, light commercial vehicles and heavy commercial vehicles.

Endurance Tech is the complete solutions provider, providing end-to-end services by engaging its customers from conception to end-user delivery. Visit for more detail.Company's development process includes design, development, validation, testing, manufacturing, delivery and aftermarket sale service for a wide range of technology-intensive auto component products.

Endurance Tech have 25 plants across India, Italy and Germany. Company have 18 manufacturing plants in India, located in the major automotive manufacturing belts of the country, comprising 8 in Aurangabad (Maharashtra), 5 in Pune (Maharashtra), 2 in Pantnagar (Uttarakhand) and 1 each in Manesar (Haryana), Chennai (Tamil Nadu) and Sanand (Gujarat).

Endurance also have 2 manufacturing facilities in Germany and 5 in Italy. In Europe, company predominantly cater to four-wheeler OEMs (original equipment manufacturer), focusing on engine and transmission components.

Key Highlights:
1. Company is largest two-wheeler and three-wheeler automotive component manufacturer in India in terms of aggregate revenue.
2. Company is largest aluminum die-casting company in India in terms of actual output and installed capacity.
3. Total revenue contribution from India is over 70% and 30% from Europe.
4. Company's long-term bank facilities are rated CRISIL AA-/Stable and short-term bank facilities are rated CRISIL A1+.

Company Financials

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
As at 30-Jun-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 21,805.34 19,917.30 18,796.98 19,442.64 19,072.74 19,139.43
Total Revenue 9,705.22 36,958.85 35,400.09 31,450.63 27,377.65 27,855.36
Profit After Tax (PAT) 538.81 2,055.96 1,813.99 1,500.31 1,009.79 1,060.48

Objects of the Issue

The objects of the Offer are :
1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges and
2. To carry out the Offer for Sale.

Endurance Technologies IPO Details

IPO Date Oct 5, 2016 to Oct 7, 2016
Listing Date Wednesday, October 19, 2016
Face Value ₹10 per share
Price ₹467 to ₹472 per share
Lot Size 30 Shares
Issue Size24,613,024 shares of ₹10
(aggregating up to ₹1,161.73 Cr)
Offer for Sale24,613,024 shares of ₹10
(aggregating up to ₹1,161.73 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

The promoters of the company are:

1. Mr. Anurang Jain

Endurance Technologies IPO Tentative Timetable

Endurance Technologies IPO opens on Oct 5, 2016, and closes on Oct 7, 2016. The Endurance Technologies IPO bid date is from Oct 5, 2016 10.00 A.M. to Oct 7, 2016 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Oct 5, 2016
Closing Date Oct 7, 2016
Basis of Allotment Oct 17, 2016
Initiation of Refunds Oct 18, 2016
Credit of Shares to Demat Oct 18, 2016
Listing Date Oct 19, 2016

Endurance Technologies IPO Lot Size

The Endurance Technologies IPO lot size is 30 shares. A retail-individual investor can apply for up to 14 lots (420 shares or ₹198,240).

Application Lots Shares Amount
Retail (Min) 1 30 ₹14,160
Retail (Max) 14 420 ₹198,240

Endurance Technologies IPO Review

Company has been reporting consistent growth in top and bottom line. Based on future prospects for automobile sector, investors may consider investment for short to long term. Read detail review...

Endurance Technologies IPO Subscription Status (Bidding Detail)

The Endurance Technologies IPO is subscribed 43.84 times on Oct 7, 2016 5:50:00 PM. The public issue subscribed 2.69 times in the retail category, 53.43 times in the QIB category, and 127.07 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Endurance Technologies IPO Prospectus

Endurance Technologies IPO Rating

Rating:Rated 4.1 stars
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Endurance Technologies IPO Listing Date

Listing Date Wednesday, October 19, 2016
BSE Script Code 540153
Listing In B Group of Securities
ISIN INE913H01037
IPO Price ₹472 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Endurance Technologies Ltd
K-228, MIDC Industrial Area,
Waluj, Aurangabad 431 136,
Maharashtra, India
Phone: +91 240 256 6686

Endurance Technologies IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Endurance Technologies IPO Review

Endurance Technologies IPO Recommendation Summary

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Endurance Technologies IPO FAQs

Endurance Technologies IPO is a main-board IPO of 24,613,024 equity shares of the face value of ₹10 aggregating up to ₹1,161.73 Crores. The issue is priced at ₹467 to ₹472 per share. The minimum order quantity is 30 Shares.

The IPO opens on Oct 5, 2016, and closes on Oct 7, 2016.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Endurance Technologies IPO opens on Oct 5, 2016 and closes on Oct 7, 2016.

Endurance Technologies IPO lot size is 30 Shares and the minimum order quantity is .

You can apply in Endurance Technologies IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Endurance Technologies IPO will be done on Oct 17, 2016, and the allotted shares will be credited to your demat account by Oct 18, 2016. Check the Endurance Technologies IPO allotment status.

The Endurance Technologies IPO listing date is on Wednesday, October 19, 2016.
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Endurance Technologies IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



1026. MUDIT NATANI |   Link |Nov 30, 2016 11:36:27 AM
Eagleye chittorgarh padharo sa........ your pet sentence in reply to anyone who want to meet you or contact you.
1025. Prasad Pawar |   Link |Nov 9, 2016 2:44:13 PM
i bought 35 shares @ 590..

is it a good buy?
1025.1. Chennai |   Link |Nov 16, 2016 8:27:50 PM
Add more of dips
1024. Ravi Shah |   Link |Nov 1, 2016 9:18:53 PM
I have 1500 share of endurance at price of 650rs. what should i do ?
Book a loss or profit?
1024.3. shazia |   Link |Nov 4, 2016 5:54:18 PM
I buy endurance 15 share @ 646.00 and sell yesterday @612.00
and today again buy 15 share @ 593.00
so i earn Rs.19.00 x 15share = 285.00
and in my account 15 share of endurance...
Good magic trick isn''t it????

1024.4. Chennai |   Link |Nov 16, 2016 8:28:56 PM
if u would have book 50 % in loss around 630 please add more now u will get good avg price
1023. shazia |   Link |Oct 29, 2016 6:26:30 PM
I buy 15 shares after listing @ Rs.646.00, so please suggest me that should i hold or book loss? i wish to get double my amount and that for i can hold maximum 2 years, but this stock is good for long term or not? please guide me.. Thanks
1023.2. Maniac |   Link |Oct 31, 2016 8:53:43 AM
Double? Gosh! What would you do with sooo much money? .
1023.3. shazia |   Link |Oct 31, 2016 10:47:02 AM
Thanks Ashish !!
1022. DrBhavin |   Link |Oct 26, 2016 9:16:49 PM
Is it wise to hold for 2 to 3 months for a target of 750?
1022.1. WolfOfSM |   Link |Oct 27, 2016 3:30:59 PM
yes ..... Hold atleast 2 quartes ..easily it will cross 800 mark
1021. MoneyController |   Link |Oct 23, 2016 5:11:09 PM
I opened demat when Reliance power IPO came on the board, and my hand burned. After that I started again investing since Sharda cropchem.

After after these 2 years, investment amount is multiplied by 10 times and still going on will go further till the good IPOs.

***Now I am afraid is it what Big Bulls wanted from small/medium investors?***
1020. MoneyController |   Link |Oct 23, 2016 4:45:45 PM
I am holding
1. ICICI Prudential
2. Equitas Holding
3. Endurance Tech
4. Mahanagar Gas

So does anybody think if it is good time to sell out and have happy Diwali?
1020.1. OmFinvest Mumbai |   Link |Oct 24, 2016 5:31:43 PM
you have all goodies with you....
keep it & stay happy.....
don''t ever look at Price & market conditions & blah blah......
1019. MoneyController |   Link |Oct 23, 2016 4:43:10 PM
ICICI PRu may offer devidend.
1018. gamble |   Link |Oct 23, 2016 9:33:57 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
So here the question is what MKT loves not us??

See CAN FIN home
840 to 1800 (100%)
Other biggies return upto 20-30% only

PAT up % from 2015 to 2016

Indiabull 23%
Gruh 20%
LIc 19%
DHFL 16%
HDFC 14%

Can fin home 80%

So can fin enjoying 5.55x BV because of it''s performance no matter how pricey it was/is...!!(in 2014 it was near 200)

Mkt just loves financial powerhouse like Roman reigns..!!
1017. PANKAJBANSAL |   Link |Oct 22, 2016 11:40:44 PM
Dear eagleeye
what is your statretgy on endurance
1016. Mumbai DON |   Link |Oct 22, 2016 11:14:46 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Endurance vil take 5th gear from Monday. 🏃🏃🏃🏃
1015. Kito |   Link |Oct 21, 2016 11:45:43 PM
Can we exit endurance at 660 or wait for 700 in couple of months
1015.1. ANIL VERMA |   Link |Oct 23, 2016 2:01:29 PM
It will touch Rs. 700.0 0 atleast this week.
1014. Meekesh shah |   Link |Oct 21, 2016 7:26:59 PM
Kindly advice me on precision camshaft

Humble request
Should I hold
160 shares@186

Waiting for your reply
1014.1. Septa |   Link |Oct 21, 2016 10:46:26 PM
IPO Guru IPO Guru (4000+ Posts, 4600+ Likes)
U should have averaged it when price was heading south. Now i think u should hold u will see good gain long term
1014.2. Share View |   Link |Oct 21, 2016 11:47:50 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
Exit from precam as it is operator friendly stock like ccd & quickheal.

Shift to equitas as both are trading at same price 180 . Target 250

OR in auto etl@575 , gna , nocil
1013. IPOMantra |   Link |Oct 21, 2016 2:43:22 PM
One of prominent message board members suggesting to hold, its operator play to take out stock from poor retails investor, definitely it will go up. Dont worry at all.
1012. ramesh jariwala |   Link |Oct 21, 2016 12:31:51 PM
Endurance tech cmp 612-615

Value stock as in India they have around 18 and 7 in Europ

Co is from 1986

Buisness 52819 mn in Rs

Endurance Technologies is one of India''s leading automotive component manufacturing companies. Anurang Engineering Company Private Limited which merged into our company in 2006, commenced manufacturing of aluminium castings in Aurangabad, Maharashtra, India in FY 1986.

Raw and machined aluminium CVT) assemblies for scootersBrake systems such as hydraulic disc brake assemblies including calipers, master cylinder and rotary disc brake for motorcycles & scooters and hydraulic drum brake assemblies and tandem master cylinder for three wheelersAfter-market services to cater to the replacement market

Company buisness in India ,Germany and Italy

After all above info i may say it can show big upside on chart in coming some years.1000-1200-1500+ can be see easily. And many more. forwerded msg
1011. gamble |   Link |Oct 21, 2016 12:26:08 PM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)

Prefer NOCIL over ETL...

First half EpS near 4
Annual posible 8

With only 12 PE it can command 12*8=96

CMP 77

1011.3. gamble |   Link |Oct 21, 2016 11:30:42 PM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Yes that was the awesome rally by tyre stocks...thanks...!!
NOW chemical ??(it has been already strted)
Can picked up only GSFC a month back ..
Still omkar speciality not much moved wht about that...?

1011.4. Septa |   Link |Oct 21, 2016 11:36:22 PM
IPO Guru IPO Guru (4000+ Posts, 4600+ Likes)
gamble just got sms from by broker big interest in Calcutta GMP has jump to 45 for Varun Beverages news is anchor book is full of big FIIs interested in this IPO.... have u heard anything in this regards may be just wait for the Anchor list
1010. CPPK |   Link |Oct 21, 2016 12:05:06 PM
1010.1. Super Trader |   Link |Oct 21, 2016 12:10:36 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Only below 2 lakhs for retail
1009. Carn Mohan |   Link |Oct 21, 2016 9:55:53 AM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
allotted 60 shares and booked Rs 8400 profiles.
I will not apply PNB and Varun.
1009.1. Super Trader |   Link |Oct 21, 2016 12:11:10 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
You can apply varun for listing gains
1009.2. Super Trader |   Link |Oct 21, 2016 12:12:46 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
PNBHF may be a good ipo. but i doubt listing gains.
1008. niceplaywins |   Link |Oct 21, 2016 2:27:40 AM
Septa sir, gamble ji any target for endurance in next six months, I wants to buy it in good quantity, I also have 3 lots from IPO should I increase the quantity or exit is better.

1008.1. Super Trader |   Link |Oct 21, 2016 8:14:59 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Never marry a stock , above Rs.600 it is a operator play.
1007. Silapathar |   Link |Oct 20, 2016 10:39:10 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Beware only 18% deliverable quantity, looks like will go down further.
1007.1. ANIL VERMA |   Link |Oct 21, 2016 4:59:22 PM
It went up today. Ur comments in this regard.