FREE Account Opening + No Clearing Fees

Endurance Technologies Ltd IPO (Endurance Technologies IPO) Detail

October 5, 2016 - October 7, 2016

Endurance Technologies IPO is a book built issue of Rs 1,161.73 crores. The issue is entirely an offer for sale of 2.46 crore shares.

Endurance Technologies IPO bidding started from October 5, 2016 and ended on October 7, 2016. The allotment for Endurance Technologies IPO was finalized on Monday, October 17, 2016. The shares got listed on BSE, NSE on October 19, 2016.

Endurance Technologies IPO price band is set at ₹467 to ₹472 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹14,160.

Axis Capital Limited and Citigroup Global Markets India Private Limited are the book running lead managers of the Endurance Technologies IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Endurance Technologies IPO RHP for detailed information.

Endurance Technologies IPO Details

IPO Date October 5, 2016 to October 7, 2016
Listing Date October 19, 2016
Face Value ₹10 per share
Price Band ₹467 to ₹472 per share
Lot Size 30 Shares
Total Issue Size24,613,024 shares
(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

Endurance Technologies IPO Reservation

Endurance Technologies IPO offers 17,229,118 shares. 4,922,605 (28.57%) to QIB, 3,691,954 (21.43%) to NII, 8,614,559 (50.00%) to RII. 287,151 RIIs will receive minimum 30 shares and (sNII) and (bNII) will receive minimum 450 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered4,922,605 (28.57%)NA
NII (HNI) Shares Offered3,691,954 (21.43%)
Retail Shares Offered8,614,559 (50.00%)287,151
Total Shares Offered17,229,118 (100%)

Endurance Technologies IPO Timeline (Tentative Schedule)

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

IPO Open Date Wednesday, October 5, 2016
IPO Close Date Friday, October 7, 2016
Basis of Allotment Monday, October 17, 2016
Initiation of Refunds Tuesday, October 18, 2016
Credit of Shares to Demat Tuesday, October 18, 2016
Listing Date Wednesday, October 19, 2016
Cut-off time for UPI mandate confirmation 5 PM on October 7, 2016

Endurance Technologies IPO Lot Size

Investors can bid for a minimum of 30 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

About Endurance Technologies Ltd

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 (Endurance Technologies IPO Objectives)

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 Review (Apply)

[Dilip Davda]  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 October 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
Vote Here ...

Endurance Technologies IPO Listing Details

Listing Date October 19, 2016
BSE Script Code 540153
ISIN INE913H01037
Final Issue Price ₹472 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Endurance Technologies Ltd Contact Details

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 - Buy or Not

Endurance Technologies IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 4 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

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 October 5, 2016, and closes on October 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 October 5, 2016 and closes on October 7, 2016.

Endurance Technologies IPO lot size is 30 Shares, and the minimum amount required is ₹14,160.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The Endurance Technologies IPO listing date is on October 19, 2016.
Open an Instant Account with Zerodha

Endurance Technologies IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



1024. MUDIT NATANI |   Link |  Bookmark |November 30, 2016 10:36:27 AM
Eagleye chittorgarh padharo sa........ your pet sentence in reply to anyone who want to meet you or contact you.
1023. Prasad Pawar |   Link |  Bookmark |November 9, 2016 1:44:13 PM
i bought 35 shares @ 590..

is it a good buy?
1023.1. Chennai |   Link |  Bookmark |November 16, 2016 7:27:50 PM
Add more of dips
1022. Ravi Shah |   Link |  Bookmark |November 1, 2016 8:18:53 PM
I have 1500 share of endurance at price of 650rs. what should i do ?
Book a loss or profit?
1022.3. shazia |   Link |  Bookmark |November 4, 2016 4:54:18 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????

1022.4. Chennai |   Link |  Bookmark |November 16, 2016 7:28:56 PM
if u would have book 50 % in loss around 630 please add more now u will get good avg price
1021. shazia |   Link |  Bookmark |October 29, 2016 5:26:30 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
1021.2. Maniac |   Link |  Bookmark |October 31, 2016 7:53:43 AM
Double? Gosh! What would you do with sooo much money? .
1021.3. shazia |   Link |  Bookmark |October 31, 2016 9:47:02 AM
Thanks Ashish !!
1020. DrBhavin |   Link |  Bookmark |October 26, 2016 8:16:49 PM
Is it wise to hold for 2 to 3 months for a target of 750?
1020.1. WolfOfSM |   Link |  Bookmark |October 27, 2016 2:30:59 PM
yes ..... Hold atleast 2 quartes ..easily it will cross 800 mark
1019. MoneyController |   Link |  Bookmark |October 23, 2016 4:11:09 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?***
1018. MoneyController |   Link |  Bookmark |October 23, 2016 3:45:45 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?
1018.1. OmFinvest Mumbai |   Link |  Bookmark |October 24, 2016 4:31:43 PM
you have all goodies with you....
keep it & stay happy.....
don''t ever look at Price & market conditions & blah blah......
1017. MoneyController |   Link |  Bookmark |October 23, 2016 3:43:10 PM
ICICI PRu may offer devidend.
1016. gamble |   Link |  Bookmark |October 23, 2016 8:33:57 AM (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..!!
1015. PANKAJBANSAL |   Link |  Bookmark |October 22, 2016 10:40:44 PM
Dear eagleeye
what is your statretgy on endurance
1014. Mumbai DON |   Link |  Bookmark |October 22, 2016 10:14:46 AM (200+ Posts, 200+ Likes)
Endurance vil take 5th gear from Monday. 🏃🏃🏃🏃
1013. Kito |   Link |  Bookmark |October 21, 2016 10:45:43 PM
Can we exit endurance at 660 or wait for 700 in couple of months
1013.1. ANIL VERMA |   Link |  Bookmark |October 23, 2016 1:01:29 PM
It will touch Rs. 700.0 0 atleast this week.
1012. Meekesh shah |   Link |  Bookmark |October 21, 2016 6:26:59 PM
Kindly advice me on precision camshaft

Humble request
Should I hold
160 shares@186

Waiting for your reply
1012.1. Septa |   Link |  Bookmark |October 21, 2016 9:46:26 PM (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
1012.2. Share View |   Link |  Bookmark |October 21, 2016 10:47:50 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
1011. IPOMantra |   Link |  Bookmark |October 21, 2016 1:43:22 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.
1010. ramesh jariwala |   Link |  Bookmark |October 21, 2016 11:31:51 AM
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
1009. gamble |   Link |  Bookmark |October 21, 2016 11:26:08 AM (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

1009.3. gamble |   Link |  Bookmark |October 21, 2016 10:30:42 PM (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...?

1009.4. Septa |   Link |  Bookmark |October 21, 2016 10:36:22 PM (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
1008. CPPK |   Link |  Bookmark |October 21, 2016 11:05:06 AM
1008.1. Super Trader |   Link |  Bookmark |October 21, 2016 11:10:36 AM (200+ Posts, 100+ Likes)
Only below 2 lakhs for retail
1007. Carn Mohan |   Link |  Bookmark |October 21, 2016 8:55:53 AM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
allotted 60 shares and booked Rs 8400 profiles.
I will not apply PNB and Varun.
1007.1. Super Trader |   Link |  Bookmark |October 21, 2016 11:11:10 AM (200+ Posts, 100+ Likes)
You can apply varun for listing gains
1007.2. Super Trader |   Link |  Bookmark |October 21, 2016 11:12:46 AM (200+ Posts, 100+ Likes)
PNBHF may be a good ipo. but i doubt listing gains.
1006. niceplaywins |   Link |  Bookmark |October 21, 2016 1:27:40 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.

1006.1. Super Trader |   Link |  Bookmark |October 21, 2016 7:14:59 AM (200+ Posts, 100+ Likes)
Never marry a stock , above Rs.600 it is a operator play.
1005. Silapathar |   Link |  Bookmark |October 20, 2016 9:39:10 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Beware only 18% deliverable quantity, looks like will go down further.
1005.1. ANIL VERMA |   Link |  Bookmark |October 21, 2016 3:59:22 PM
It went up today. Ur comments in this regard.