The Autofurnish IPO, a fixed-price/SME issue worth ₹1,460.01 lakh, is made up entirely of 35,61,000 Equity Shares of face value of ₹10 each.
Autofurnish IPO applications can be submitted between 21 May 2026 and 25 May 2026 during the bidding period. The company is expected to complete the Autofurnish IPO allotment process on 26 May 2026. The shares are scheduled to list on the BSE SME platform, with the tentative listing date set for 29 May 2026.
The issue price for the Autofurnish IPO has been fixed at ₹41/share. The Autofurnish Ltd allows investors to bid in a lot size of 3,000 shares. For the retail segment, the minimum bid size is 6,000 shares, amounting to ₹2,46,000 at the issue price.
For HNI investors, the minimum investment requirement stands at ₹3,69,000 for 9,000 shares (3 lots).
Details of the Autofurnish IPO
The following table discusses the key details of the Autofurnish IPO along with important issue figures:
| IPO Open | 21 May 2026 |
| IPO Close | 25 May 2026 |
| Face value | ₹10 |
| Price Band | – |
| Issue price | ₹41/share |
| IPO Lot Size | 3,000 shares |
| Offer-for-sale | – |
| Fresh issue | 35,61,000 Equity Shares (₹1,460.01 lakh) |
| Issue Type | SME/Fixed Priced IPO |
| Listing | BSE SME |
| Total Issue Size (₹ Crore) | ₹1,460.01 lakh (35,61,000 Equity Shares) |
| Minimum Investment (Retail) | ₹2,46,000 (2 lots) |
Timeline of the Autofurnish IPO
The table below outlines the timeline of the Autofurnish IPO, from the issue opening date to the tentative market listing:
| Bid Open Date | 21 May 2026 |
| Bid Close Date | 25 May 2026 |
| Allotment | 26 May 2026 |
| Refunds Initiated | 27 May 2026 |
| Share Credit Date | 27 May 2026 |
| Listing | 29 May 2026 |
| UPI mandate Cut-off time | 25 May 2026 (05:00 PM) |
Autofurnish Limited Financial Highlights
Below are the key financial ratios and important performance indicators of Autofurnish Limited, offering insights into the company’s financial position and operational efficiency.
| KPIs | 2025 | 2024 | 2023 |
| ROE (%) | 23.5 | 17.69 | 2.1 |
| ROCE (%) | 33.74 | 28.1 | 6.84 |
| Debt-Equity Ratio (in times) | 0.36 | 0.33 | 0.4 |
| RoNW (%) | 23.5 | 17.69 | 2.1 |
| PAT Margin (%) | 10.51 | 10.24 | 1.49 |
| EBITDA Margin (%) | 15.3 | 17.75 | 8.06 |
| Price-Book Value | 2.77 | – | – |
Autofurnish Ltd–Financial Information
| 2025 | 2024 | 2023 | |
| Revenue | 3,336.01 | 1,591.00 | 1,058.86 |
| Assets | 2,327.65 | 1,600.87 | 1,410.69 |
| Profit After Tax | 345.76 | 160.44 | 15.78 |
(Amount in ₹ lakh)
Autofurnish IPO–Subscription Status
| Date | NII* | Individual Investors | Total |
|---|---|---|---|
| May 21 (Day 1) | 0.15 | 0.52 | 0.37 |
| May 22 (Day 2) | 0.13 | 0.66 | 0.43 |
The daily subscription figures will be updated and announced progressively during the IPO bidding period.
Autofurnish IPO–Grey Premium Market (GMP)
Autofurnish SME IPO GMP stands at ₹0 as of 2:53 PM on 21 May 2026. Based on the issue price of ₹41/share and the latest grey market premium, the estimated listing price is ₹41, indicating an expected gain/loss of 0.00% per share.
Upon observing the grey market activity across the last six sessions, no significant movement has been seen in the IPO GMP, and the trend is currently expected to stay unchanged until the listing date.
| GMP Date | GMP | Est. Listing Price | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 22-05-2026 | ₹0 ─ | ₹41 (0.00%) | ₹0 | 22-May-2026 19:55 |
| 21-05-2026 Open | ₹0 ─ | ₹41 (0.00%) | ₹0 | 21-May-2026 23:36 |
| 20-05-2026 | ₹0 ─ | ₹41 (0.00%) | ₹0 | 20-May-2026 23:33 |
| 19-05-2026 | ₹0 ─ | ₹41 (0.00%) | ₹0 | 19-May-2026 23:35 |
| 18-05-2026 | ₹0 ─ | ₹41 (0.00%) | ₹0 | 18-May-2026 23:35 |
| 17-05-2026 | ₹0 ─ | ₹41 (0.00%) | ₹0 | 17-May-2026 23:32 |
| 16-05-2026 | ₹0 ─ | ₹41 (0.00%) | ₹0 | 16-May-2026 23:30 |
Stay tuned for daily updates on the Autofurnish SME IPO GMP trend, grey market activity, and the estimated listing price ahead of listing day.
Note: The GMP is an unofficial market measure and can fluctuate based on subscription levels, overall market conditions, and prevailing investor sentiment.
Autofurnish IPO–Reservation
The table below presents the category-wise allocation of shares reserved under the IPO.
| Investor Classification | Shares Reserved | % Allocation |
| Market Maker | 1,80,000 | 5.05% |
| QIBs | – | – |
| NIIs | 16,89,000 | 47.43% |
| Individual Investor | 16,92,000 | 47.52% |
| Total | 35,61,000 | 100% |
Autofurnish IPO–Lot Size
Presented below are the category-wise application requirements. With a minimum application size of 6,000 shares, for retail investors, after which bids are accepted in multiples of 3,000 shares.
| Application | Lot Size | Shares | Amount |
| Individual Investors Minimum Application | 2 | 6,000 | ₹2,46,000 |
| Individual Investors Maximum Application | 2 | 6,000 | ₹2,46,000 |
| S-HNI Minimum Application | 3 | 9,000 | ₹3,69,000 |
Autofurnish IPO–Anchor Investors Details
Autofurnish IPO does not have an anchor investor allocation. The company has not reserved or allotted any portion of the issue to anchor investors before the IPO opening.
Autofurnish IPO–Prospectus
Presented below are the official offer documents filed by Autofurnish Ltd with SEBI. For further information about the IPO for investor reference.
About Autofurnish Limited
Founded on 5 May 2015, the company, led by Managing Director Puneet Arora, primarily focuses on manufacturing and selling automobile accessories for cars and two-wheelers across the B2B segment.
Its product range consists of various automobile accessories sold through the “Autofurnish” and “Mototrance” brand names.
Its wholly owned subsidiary, Golden Mace Private Limited, focuses on the B2C business through online marketplaces such as Amazon India, Flipkart, Zepto, along with the company’s own platform.
The company operates certified manufacturing facilities compliant with multiple ISO and GMP standards, reflecting its emphasis on operational quality and sustainability practices.
| Name | |
| Book Running Lead Managers (BRLM) | Novus Capital Advisors Pvt Ltd |
| IPO Registrar | Skyline Financial Services Pvt Ltd |
Objectives of Autofurnish
The proceeds raised from the IPO are planned to be utilised for the following primary objectives:
| Details | Amount (in ₹ lakhs) |
| Purchase of new machineries | 188.90 |
| Operating requirements | 930.00 |
| Costs related to the issue | 145.00 |
| Corporate requirements | 196.11 |
| Total | 1460.01 |
Autofurnish Limited–Strengths
- Experienced leadership: The promoters and management team possess strong automotive industry experience across production, operations, and marketing functions.
- Diverse product portfolio: The company provides multiple automotive accessory products, including interior and exterior solutions for different customer requirements.
- Customised product offerings: The company provides customised automotive accessories designed to match specific customer preferences and vehicle requirements across multiple categories.
- Technology-driven operations: The company integrates modern technology into its products to improve quality, functionality, and overall customer experience.
Autofurnish Limited–Risks
- Operational disruptions: The past manufacturing shutdowns of the company affected revenue and profitability, and similar disruptions may impact future operations.
- Customer concentration risk: The company generates substantial revenue from certain customers, and any decline in orders may affect operations.
- Labour dependency: The company relies significantly on manpower, and labour shortages or wage pressures may affect operational efficiency.
- Commercial dispute impact: The company previously faced commercial disputes that affected manufacturing activities and capacity utilisation.
Autofurnish IPO–Review
Autofurnish IPO reflects steady financial improvement, supported by strong revenue growth and a sharp rise in profit after tax during FY25. The company also posted favourable ROE and ROCE figures, demonstrating improving efficiency across its business operations.
However, the IPO has witnessed modest subscription levels on Day 1, while the GMP has stood flat at ₹0, signalling cautious grey market sentiment. Investors should closely monitor subscription momentum and listing demand and make timely investment decisions.
Other Recent IPO List
Also, explore other live, upcoming, and recently listed IPOs in India for 2026, mentioned below:
| M R Maniveni Foods IPO | NFP Sampoorna Foods IPO |
| Harikanta Overseas IPO | Goldline Pharmaceutical IPO |
| Vegorama Punjabi Angithi IPO | RFBL FLexi Pack IPO |
| Teamtech Formwork Solutions IPO | Simca Advertising IPO |
Autofurnish IPO FAQs
The Autofurnish IPO is an SME fixed price public issue worth ₹1,460.01 lakh. The IPO consists entirely of a fresh issue of 35,61,000 equity shares priced at ₹41 per share and is proposed to list on the BSE SME platform.
You can apply for the Autofurnish IPO through your stockbroker or supported banking application using the ASBA facility. Investors can also place bids through UPI-enabled platforms during the IPO subscription period between 21 May 2026 and 25 May 2026.
The Autofurnish IPO shows improving financial performance with strong revenue and profit growth in FY25. However, the GMP is currently flat, and subscription levels on Day 1 have remained modest at 0.23 times, indicating cautious investor sentiment in the grey market.
Based on the latest GMP of ₹0, the estimated listing price for the Autofurnish IPO is around ₹41 per share, suggesting no expected listing gain or loss currently. The actual returns may vary depending on market conditions and listing demand.
The Autofurnish IPO will open for subscription on 21 May 2026 and will close on 25 May 2026. Investors can place bids during the subscription window through eligible trading and banking platforms.
The Autofurnish IPO lot size is 3,000 shares. The retail investors are required to apply for a minimum of 2 lots comprising 6,000 shares, amounting to a minimum investment of ₹2,46,000.
The allotment basis for the Autofurnish IPO is expected to be finalised on 26 May 2026. Successful applicants are likely to receive shares in their demat accounts by 27 May 2026.
The tentative listing date of the Autofurnish IPO is 29 May 2026. The shares are proposed to be listed on the BSE SME exchange.
