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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 chittorgarh.com, 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 chittorgarh.com 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 Promoters:

The promoters of the company are:

1. Mr. Anurang Jain

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 DateOct 5, 2016 - Oct 7, 2016
Issue TypeBook Built Issue IPO
Issue Size24,613,024 Eq Shares of ₹10
(aggregating up to ₹1,161.73 Cr)
Offer for Sale24,613,024 Eq Shares of ₹10
(aggregating up to ₹1,161.73 Cr)
Face Value₹10 Per Equity Share
IPO Price₹467 to ₹472 Per Equity Share
Market Lot30 Shares
Min Order Quantity30 Shares
Listing AtBSE, NSE

Endurance Technologies IPO Tentative Date / Timetable

Bid/Offer Opens OnOct 5, 2016
Bid/Offer Closes OnOct 7, 2016
Finalisation of Basis of AllotmentOct 17, 2016
Initiation of RefundsOct 18, 2016
Credit of Shares to Demat AcctOct 18, 2016
IPO Shares Listing DateOct 19, 2016

Endurance Technologies IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum130₹14,160
Maximum14420₹198,240

Endurance Technologies IPO Subscription Status (Bidding Detail)

Endurance Technologies IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

4,922,605

3,691,954

8,614,559

17,229,118

Oct 7, 2016 17:50

53.43x

127.07x

2.69x

43.84x

Endurance Technologies IPO Prospectus

Endurance Technologies IPO Rating

953
4.1
Rating:Rated 4.1 stars

Vote Here ...

Endurance Technologies IPO Listing Date

Listing DateWednesday, October 19, 2016
BSE Script Code540153
NSE SymbolENDURANCE
Listing InB
ISININE913H01037
IPO Price₹472 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹472.00
₹570.00
₹570.00
₹655.00
₹647.70
8,141,059
NSE
₹472.00
₹572.00
₹572.00
₹654.40
₹646.90
36,506,028

Endurance Technologies IPO Reviews / Ratings

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Company Contact Information

Endurance Technologies Ltd
K-228, MIDC Industrial Area,
Waluj, Aurangabad 431 136,
Maharashtra, India

Phone: +91 240 256 6686
Email: investors@endurance.co.in
Website: http://www.endurancegroup.com

Endurance Technologies IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: etl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Endurance Technologies IPO FAQs

  1. 1. What is Endurance Technologies IPO?

    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 price of the IPO is ₹467 to ₹472 Per Equity Share. The minimum order quantity is 30 Shares per application and the offer type is Book Built Issue.

    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.

  2. 2. When Endurance Technologies IPO will open?

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

  3. 3. How to apply for Endurance Technologies IPO?

    Endurance Technologies IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Endurance Technologies IPO allotment?

    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.

  5. 5. When is Endurance Technologies IPO listing date?

    The Endurance Technologies IPO listing date is on Wednesday, October 19, 2016, at BSE, NSE.
  6. 6. What is the lot size of Endurance Technologies IPO?

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

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Endurance Technologies IPO Review / Comments

MUDIT NATANI
1026. MUDIT NATANI  Nov 30, 2016 10:36
Eagleye chittorgarh padharo sa........ your pet sentence in reply to anyone who want to meet you or contact you.
Prasad Pawar
1025. Prasad Pawar  Nov 9, 2016 13:44
i bought 35 shares @ 590..

is it a good buy?
Chennai
1025.1. Chennai  Nov 16, 2016 19:27
Add more of dips
Ravi Shah
1024. Ravi Shah  Nov 1, 2016 20:18
I have 1500 share of endurance at price of 650rs. what should i do ?
Book a loss or profit?
shazia
1024.3. shazia  Nov 4, 2016 16:54
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????


Thanks
Chennai
1024.4. Chennai  Nov 16, 2016 19:28
if u would have book 50 % in loss around 630 please add more now u will get good avg price
shazia
1023. shazia  Oct 29, 2016 17:26
hello!!
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
Maniac
1023.2. Maniac  Oct 31, 2016 07:53
Double? Gosh! What would you do with sooo much money? .
shazia
1023.3. shazia  Oct 31, 2016 09:47
Thanks Ashish !!
DrBhavin
1022. DrBhavin  Oct 26, 2016 20:16
Is it wise to hold for 2 to 3 months for a target of 750?
WolfOfSM
1022.1. WolfOfSM  Oct 27, 2016 14:30
yes ..... Hold atleast 2 quartes ..easily it will cross 800 mark
MoneyController
1021. MoneyController  Oct 23, 2016 16:11
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?***
MoneyController
1020. MoneyController  Oct 23, 2016 15:45
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?
OmFinvest Mumbai
1020.1. OmFinvest Mumbai  Oct 24, 2016 16:31
you have all goodies with you....
keep it & stay happy.....
don''t ever look at Price & market conditions & blah blah......
gamble
1018. gamble  Oct 23, 2016 08:33
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

PNBHF 68%
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..!!
PANKAJBANSAL
1017. PANKAJBANSAL  Oct 22, 2016 22:40
Dear eagleeye
what is your statretgy on endurance
Mumbai DON
1016. Mumbai DON  Oct 22, 2016 10:14
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Endurance vil take 5th gear from Monday. 🏃🏃🏃🏃
Kito
1015. Kito  Oct 21, 2016 22:45
Can we exit endurance at 660 or wait for 700 in couple of months
ANIL VERMA
1015.1. ANIL VERMA  Oct 23, 2016 13:01
It will touch Rs. 700.0 0 atleast this week.
Meekesh shah
1014. Meekesh shah  Oct 21, 2016 18:26
Septaji
Kindly advice me on precision camshaft

Humble request
Should I hold
160 shares@186

Waiting for your reply
Septa
1014.1. Septa  Oct 21, 2016 21:46
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
U should have averaged it when price was heading south. Now i think u should hold u will see good gain long term
Share View
1014.2. Share View  Oct 21, 2016 22:47
IPO Mentor IPO Mentor (700+ Posts, 1600+ 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
IPOMantra
1013. IPOMantra  Oct 21, 2016 13:43
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.
ramesh jariwala
1012. ramesh jariwala  Oct 21, 2016 11:31
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
gamble
1011. gamble  Oct 21, 2016 11:26
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
Valuation....

CMP 77


gamble
1011.3. gamble  Oct 21, 2016 22:30
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...?

Septa
1011.4. Septa  Oct 21, 2016 22:36
IPO Guru IPO Guru (3900+ Posts, 4400+ 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
CPPK
1010. CPPK  Oct 21, 2016 11:05
CAN ANYONE PLEASE SUGGEST IN NBCC FPO IS THERE ANY LIMIT FOR RETAIL INVESTOR OR RETAIL INVESTOR CAN APPLY UP TO OR BEYOND RS TWO LAKH
Super Trader
1010.1. Super Trader  Oct 21, 2016 11:10
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Only below 2 lakhs for retail
Carn Mohan
1009. Carn Mohan  Oct 21, 2016 08:55
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
allotted 60 shares and booked ₹ 8400 profiles.
I will not apply PNB and Varun.
Super Trader
1009.1. Super Trader  Oct 21, 2016 11:11
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
You can apply varun for listing gains
Super Trader
1009.2. Super Trader  Oct 21, 2016 11:12
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
PNBHF may be a good ipo. but i doubt listing gains.
niceplaywins
1008. niceplaywins  Oct 21, 2016 01:27
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.


Super Trader
1008.1. Super Trader  Oct 21, 2016 07:14
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Never marry a stock , above Rs.600 it is a operator play.
Silapathar
1007. Silapathar  Oct 20, 2016 21:39
Beware only 18% deliverable quantity, looks like will go down further.
ANIL VERMA
1007.1. ANIL VERMA  Oct 21, 2016 15:59
It went up today. Ur comments in this regard.






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