Autofurnish IPO is an upcoming SME IPO that has gained attention among investors due to the company’s strong revenue growth and improving profitability. The company operates in the automobile accessories and furnishing segment and plans to expand its business using IPO proceeds.
The IPO will open on May 21, 2026, and close on May 25, 2026. The company aims to raise approximately ₹15 crores through a fixed price issue and will list on BSE SME. In this detailed IPO Updates review, we will cover Autofurnish IPO date, GMP, review, price, allotment details, subscription, financials, strengths, risks, and whether investors should apply or avoid this IPO(ipo updates).
About Autofurnish Limited
Autofurnish Limited is engaged in the automobile accessories and furnishing business. The company focuses on manufacturing and supplying automotive products and interior furnishing solutions.
The company operates in:
- Auto Accessories
- Automotive Furnishing Products
- Car Interior Solutions
- Vehicle Utility Products
Autofurnish aims to expand its production capacity through the purchase of new machinery and improved working capital management.
The company is headquartered in New Delhi and serves customers across India.
| IPO Open Thu, May 21, 2026 | IPO Close Mon, May 25, 2026 | Issue Price ₹41 per share | Market Cap (Pre-IPO) ₹55.41 Cr |
Autofurnish IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | May 21, 2026 |
| IPO Close Date | May 25, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹41 Per Share |
| Issue Size | Approx ₹15 Crores |
| Fresh Issue | Approx ₹15 Crores |
| IPO Type | Fixed Price Issue |
| Listing Exchange | BSE SME |
| Allotment Date | May 26, 2026 |
| Listing Date | May 29, 2026 |
Autofurnish IPO Market Lot
The minimum market lot for the IPO is 6,000 shares.(ipo updates).
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 6,000 Shares | ₹2,46,000 |
| Retail Maximum | 2 Lots | 6,000 Shares | ₹2,46,000 |
| S-HNI Minimum | 3 Lots | 9,000 Shares | ₹3,69,000 |
IPO Reservation Details
| Investor Category | Reservation |
|---|---|
| Retail Investors | 50% |
| HNI/NII | 50% |
| QIB | 0% |
Autofurnish IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | May 21, 2026 |
| IPO Close Date | May 25, 2026 |
| Basis of Allotment | May 26, 2026 |
| Refund Initiation | May 27, 2026 |
| Credit to Demat Account | May 27, 2026 |
| Listing Date | May 29, 2026 |
| IPO Cut-Off Time | May 25, 2026 – 5 PM |
Promoters of Autofurnish Limited
The promoters of the company are:
- Mr. Puneet Arora
- Mr. Ruppal Wadhwa
| Particulars | Shares | Holding |
|---|---|---|
| Pre-Issue Holding | 99,54,508 Shares | 93.10% |
| Post-Issue Holding | 1,35,15,508 Shares | 68.57% |
Objects of the Issue
The company plans to utilize IPO proceeds for business expansion and working capital requirements.
| Purpose | Amount |
|---|---|
| Purchase of New Machinery | ₹1.89 Crores |
| Working Capital Requirement | ₹9.50 Crores |
| General Corporate Purpose | ₹1.96 Crores |
| Issue Expenses | ₹1.45 Crores |
The IPO funds may help the company improve operational efficiency and business growth.
Autofurnish Financial Report
The company has reported strong financial growth over the past few years.
| Year | Revenue | Expenses | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹10.60 Cr | ₹10.39 Cr | ₹0.16 Cr | ₹14.11 Cr |
| 2024 | ₹15.92 Cr | ₹13.60 Cr | ₹1.63 Cr | ₹16.01 Cr |
| 2025 | ₹33.88 Cr | ₹29.05 Cr | ₹3.50 Cr | ₹23.28 Cr |
| Dec 2025 | ₹28.32 Cr | ₹24.49 Cr | ₹2.83 Cr | ₹33.50 Cr |
Financial Highlights
- Revenue increased from ₹15.92 Cr to ₹33.88 Cr
- Profit rose from ₹1.63 Cr to ₹3.50 Cr
- Assets improved steadily over the years
The financial performance indicates healthy business growth.(ipo updates).
Autofurnish IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | 23.50% |
| ROCE | 33.74% |
| EBITDA Margin | 15.30% |
| PAT Margin | 10.51% |
| Debt to Equity Ratio | 0.36 |
| EPS | ₹3.83 |
| P/E Ratio | 10.70 |
| RoNW | 23.50% |
| NAV | ₹14.78 |
The company has reported healthy return ratios and manageable debt levels.
Peer Group Comparison
Currently, there are no directly listed peer companies available for comparison.
Strengths of Autofurnish IPO
1. Strong Revenue Growth
The company has shown consistent growth in revenue and profitability.
2. Affordable Valuation
The IPO appears reasonably priced with a P/E ratio of 10.70.
3. Low Debt Levels
The company maintains a healthy debt-to-equity ratio.
4. Growing Automobile Accessories Market
Demand for automotive furnishing products continues to grow in India.
5. Business Expansion Plans
IPO proceeds will support machinery upgrades and working capital needs.
Risks of the IPO
1. SME IPO Volatility
SME IPOs generally carry higher risk and lower liquidity.
2. Competitive Industry
The automobile accessories market is highly competitive.
3. Dependence on Auto Sector Demand
Business growth depends on automobile market demand and consumer spending.
Autofurnish IPO GMP
The Grey Market Premium (GMP) of this IPO may fluctuate based on market sentiment and subscription demand. Investors should not rely only on GMP while making investment decisions.
Should You Apply for Autofurnish IPO?
Based on the company’s financial growth, low debt, and expansion plans, the IPO appears suitable for long-term investors with moderate risk appetite.
Positive Factors
- Strong revenue growth
- Reasonable valuation
- Low debt
- Expanding business operations
Negative Factors
- SME IPO risk
- Competitive market
- Dependence on automobile sector demand
Long-term investors may consider this IPO after proper research and risk evaluation.
IPO Lead Manager
Novus Capital Advisors Pvt. Ltd.
Company Address
Autofurnish Ltd.
K-55, Udyog Nagar,
Peeragarhi, Nangloi,
West Delhi, New Delhi – 110041
Phone: +91-8375818888
Email: corporate@autofurnish.com
Website: https://www.autofurnish.com/
IPO Registrar
Skyline Financial Services Pvt. Ltd.
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Autofurnish IPO FAQs
What is Autofurnish IPO?
Autofurnish IPO is an SME IPO through which the company plans to raise around ₹15 crores.
When will Autofurnish IPO open?
The IPO will open on May 21, 2026, and close on May 25, 2026.
What is Autofurnish IPO Price?
The IPO is priced at ₹41 per share.
What is Autofurnish IPO Lot Size?
The minimum bid is 6,000 shares with an application amount of ₹2,46,000.
What is Autofurnish IPO Allotment Date?
The allotment date is May 26, 2026.
What is Autofurnish IPO Listing Date?
The IPO will list on BSE SME on May 29, 2026.
Disclaimer
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
