What is Autofurnish IPO GMP Today?
The Latest GMP of Autofurnish IPO is ₹0.
Autofurnish IPO GMP
| DATE | GMP (GREY MARKET PREMIUM) | EXPECTED LISTING GAINS |
|---|---|---|
| 25-May-2026 | – | – |
| 24-May-2026 | – | – |
| 23-May-2026 | – | – |
| 22-May-2026 | – | – |
| 21-May-2026 | – | – |
IPO Grey Market Premium (GMP) – autofurnish ipo gmp
The grey market premium (GMP) represents the informal trading price in grey market of an IPO before it officially lists on the stock exchange. The GMP can provide an early snapshot of investor sentiment and the expected demand for shares once they are listed. A higher GMP generally suggests positive market expectations, while a lower or negative GMP may indicate cautious sentiment.
It is important to remember that GMP values are purely indicative and can change rapidly due to short-term market factors, speculative trading, or investor perception. They do not guarantee how the IPO will perform on the listing day.
Investors should not base their investment decision solely on GMP. Instead, a careful analysis of the company’s business model, financial health, industry position, and growth potential should guide the decision to participate in the IPO. Using GMP as one of many reference points can help, but relying on it alone carries significant risk.
Autofurnish IPO Review: GMP, Price Band, Key Dates, and Financial Analysis
Company Overview: Who is Autofurnish Ltd?
Established in May 2015, Autofurnish Limited operates within the highly active automotive accessories space. The company primarily focuses on the design, manufacturing, trading, and marketing of protection products for passenger vehicles and two-wheelers. Its prominent product lineup includes premium-quality body covers and custom-fitted foot mats sold under the proprietary brands “Autofurnish” and “Mototrance.”
The company utilizes a dual-engine business framework divided into two operational models:
- B2B Segment (Manufacturing & Trading): Direct supply of bulk orders to corporate clients and automotive distributors.
- B2C Segment (E-commerce Operations): Handled effectively by its wholly-owned subsidiary, Golden Mace Private Limited. This subsidiary drives sales through top-tier Indian e-commerce networks including Amazon, Flipkart, Zepto, and their direct-to-consumer website.
Autofurnish IPO Key Facts & Timeline (autofurnish ipo gmp)
The public issue is structured as a fixed-price IPO, listing exclusively on the BSE SME platform. Below are the definitive details regarding the core schedule and price parameters.
Important IPO Dates
| Event | Date |
| IPO Opening Date | May 21, 2026 |
| IPO Closing Date | May 25, 2026 |
| Basis of Allotment Date | May 26, 2026 |
| Initiation of Refunds | May 27, 2026 |
| Credit of Shares to Demat Accounts | May 27, 2026 |
| Tentative Listing Date | May 29, 2026 |
IPO Price Band and Structure (autofurnish ipo gmp)
- Face Value: ₹10 per equity share
- IPO Share Price: Fixed at ₹41 per share
- Total Issue Size: 3,561,000 equity shares (aggregating up to ₹14.60 Crore)
- Fresh Issue Component: 100% fresh issue (₹14.60 Crore), with zero Offer for Sale (OFS) from promoters.
- Market Lot Size: 3,000 shares per lot
Investment Requirements for Investors
Retail individual investors must apply for a minimum of 2 lots due to recent lot limits and specific sizing guidelines set for this issue.
- Minimum Retail Investment (2 Lots / 6,000 Shares): ₹2,46,000
- Maximum Retail Investment (2 Lots / 6,000 Shares): ₹2,46,000
- Small HNI (S-HNI) Minimum Application (3 Lots / 9,000 Shares): ₹3,69,000
Core Strengths and Potential Risks
Key Investment Strengths:
- Strong Omnichannel Footprint: The combination of internal B2B pipelines and multi-platform online B2C portals limits reliance on a single distribution vertical.
- Expanding Customer Base: The company managed to expand its direct active corporate customer base from 53 entities in FY24 to 106 clients by the end of FY25.
- Experienced Leadership: Promoters Mr. Puneet Arora and Mr. Ruppal Wadhwa hold over a decade of domain expertise in managing large-scale auto component sourcing.
Risks and Vulnerabilities:
- Past Manufacturing Halt: The company’s in-house manufacturing lines faced operational disruptions and were discontinued between November 2022 and March 2024, creating heavy reliance on traded goods during that timeframe.
- Fragmented Industry: The auto accessories domain is highly competitive, facing severe friction from unorganized local players and cheaper imports.
- Trademark Structure: Vital brand trademarks like “Autofurnish” are legally registered under its subsidiary entity rather than the parent listing company.
Objectives of the Public Issue
The total capital generated via the fresh issue component (₹14.60 Crore) is earmarked for the following utilization paths:
- Machinery Procurement: Acquiring advanced production machinery to set up upgraded lines for OEM-style car seat covers.
- Working Capital Infusion: Meeting the cash-flow cycles required to support higher inventory volumes for e-commerce hubs.
- General Corporate Purposes & IPO Expenses.