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Autofurnish IPO 2026

Autofurnish IPO is an SME issue that opened for subscription on 21 May 2026 and is now listed. The issue aggregates ₹14.6 Cr.

Price Band
₹41–₹41
GMP
Subscription
1.21x
Listing
29 May 2026

Overview

Autofurnish IPO is an SME issue that opened for subscription on 21 May 2026 and is now listed. The issue aggregates ₹14.6 Cr.

IPO Details

Autofurnish IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to be listed on BSE SME. The issue has a price band of ₹41–₹41 per equity share with a lot size of 3000 shares, translating to a minimum retail investment of ₹1,23,000.

The issue aggregates ₹14.6 Cr, with the subscription window open from 21 May 2026 to 25 May 2026. Allotment is expected on 26 May 2026 and the equity shares are scheduled to list on 29 May 2026.

Type
SME
Status
listed
Price band
₹41–₹41
Face value
₹10 (typical)
Lot size
3000 shares
Min investment (Retail)
₹1,23,000
Issue size
₹14.6 Cr
Fresh issue
₹14.6 Cr
OFS
₹0 Cr
Exchange
BSE SME
ISIN
TBA

Market Lot

Retail investors must apply for a minimum of one lot and can apply up to the retail cap of ₹2 lakh. NII / HNI investors apply above ₹2 lakh.

ApplicationLotsSharesAmount
Retail (Minimum)13000₹1,23,000
Retail (Maximum)13000₹1,23,000
HNI / NII (Minimum)26000₹2,46,000

IPO Reservation

Per SEBI guidelines, Autofurnish IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    21 May 2026 · Subscription opens
  2. Issue Close
    25 May 2026 · Subscription closes
  3. Allotment
    26 May 2026 · Basis of allotment finalised
  4. Refunds Initiated
    27 May 2026 · Funds released for non-allottees
  5. Listing Date
    29 May 2026 · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Autofurnish is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

1.21x
Overall subscription

Updated

Allotment Status

Autofurnish IPO allotment will be finalised by the registrar (TBA) on 26 May 2026. Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

Listing Performance

Listing Price
₹43
Listing Gain
-0.37%
High
Low

Autofurnish listed on 29 May 2026 with a discount of 0.37% versus the issue price. Post-listing price performance depends on broader market conditions, company fundamentals, and demand from institutional and retail investors.

About Autofurnish

Autofurnish Limited, incorporated in May 2015, manufactures and trades automotive accessories for cars and two-wheelers in the B2B segment. The product portfolio covers car body covers, foot mats, motorcycle utility accessories, towel cloths, polishing pads, and riding gear sold under two brands: 'Autofurnish' (cars) and 'Mototrance' (motorcycles). Indian automotive-accessories has been a steady demand category through 2020-26, supported by rising domestic vehicle parc (active vehicles in use), the growing premium-vehicle segment driving accessory adoption, and the broader formalisation of unorganised accessory retail into branded distribution channels. The category is highly fragmented with many regional and online-only brands competing alongside larger branded players.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Autofurnish prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Autofurnish IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Autofurnish's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Autofurnish — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Listed peers in the Automotive sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
Stove Kraft / Suprajit Engineering (auto accessories adjacency)

Anchor Investors

Anchor investor bidding for Autofurnish typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

Book-Running Lead Managers (BRLMs) for Autofurnish will be listed once confirmed in the Red Herring Prospectus. Lead managers oversee pricing, marketing, and underwriting — typically Kotak, ICICI Securities, Axis Capital, HDFC, SBI Caps, JP Morgan, or Citigroup.

IPO Registrar

The registrar for Autofurnish IPO will be confirmed in the Red Herring Prospectus. The registrar handles allotment, refunds, and dematerialisation of shares.

Editorial Review

Autofurnish listed on BSE SME on 29 May 2026 at ₹43 — a 0.37% discount to the ₹41 fixed-price issue. The listing-day discount signals tepid post-IPO demand despite the structurally growing auto-accessories category. Subscription was modest at 1.21x. The business positioning is mid-tier B2B auto-accessories with dual-brand structure (Autofurnish + Mototrance) across cars and two-wheelers. The product portfolio is broadly commoditised — body covers, foot mats, polishing pads — where pricing power is limited and competitive intensity from regional brands + online-only operators is high. What's working: structurally growing Indian auto-accessories category; 11-year operating history (since 2015); dual-brand cars + two-wheeler positioning; 100% fresh-issue means all ₹14.60 cr reaches operating business. What's concerning: listing-day -0.37% discount signals tepid demand; modest 1.21x subscription confirms the weak grey-market signal pre-listing; commoditised product mix with limited pricing power; competitive intensity from regional + online-only brands; BSE SME structural liquidity constraints; small absolute scale. Neutral post-listing. For BSE SME investors interested in auto-accessories category exposure, Autofurnish provides accessible category access but the commoditised product mix + tepid listing-day signal cap immediate upside. Wait for first 1-2 listed-quarter results to evaluate margin trajectory. Sizing very modest given the listing discount and category competitive intensity.

How to Apply for Autofurnish IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Autofurnish IPO during the bidding window (21 May 202625 May 2026).
  3. Enter bid details — minimum 3000 shares per lot. Retail investors are recommended to bid at cut-off price (₹41).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on 26 May 2026.
  7. Listing day — shares list on BSE SME on 29 May 2026.

Risk Factors

1. Listing-day -0.37% discount + 1.21x subscription signals weak post-IPO demand. 2. Commoditised product mix — limited pricing power; competitive intensity from regional + online-only brands. 3. BSE SME structural liquidity constraints. 4. Small absolute scale — single-customer dynamics can materially impact top line. 5. Channel-mix risk — B2B segment exposed to large customer payment-cycle dynamics.

Autofurnish IPO — FAQs

What is Autofurnish IPO?
Autofurnish IPO is a Small and Medium Enterprise (SME) initial public offering listing on BSE SME. The issue opens on 21 May 2026 and closes on 25 May 2026 with a price band of ₹41–₹41 per share.
What is the Autofurnish IPO price band?
The price band for Autofurnish IPO is ₹41–₹41 per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Autofurnish IPO lot size?
The minimum lot size for Autofurnish IPO is 3000 shares per application. Minimum retail investment at the upper price band works out to approximately ₹1,23,000.
When is the Autofurnish IPO opening date?
Autofurnish IPO opens for subscription on 21 May 2026 and closes on 25 May 2026.
When is the Autofurnish IPO allotment date?
Basis of allotment is expected on 26 May 2026. Check your status on the registrar's website using your PAN.
When is the Autofurnish IPO listing date?
Autofurnish shares are expected to list on BSE SME on 29 May 2026.
What is the GMP of Autofurnish IPO?
GMP for Autofurnish is not currently tracked.
Who is the registrar of Autofurnish IPO?
The registrar is handling allotment, refunds, and dematerialisation for Autofurnish IPO.
How can I apply for Autofurnish IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately ₹1,23,000 (1 lot × 3000 shares at upper band).
Should I apply for Autofurnish IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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