Autofurnish IPO
Auto Ancillaries • ₹14.6 Cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- SME listing with thinner post-listing liquidity
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹41
Issue Size
₹14.6 Cr
Open
21 May 2026
Close
25 May 2026
Subscription
—
IPO Schedule
| Issue Open Date | 21 May 2026 |
| Issue Close Date | 25 May 2026 |
| Listing Date | 28 May 2026 |
About Autofurnish
Autofurnish Limited is a company engaged in the design, manufacturing, and trading of automotive accessories. Its core products include body covers and foot mats for cars and two-wheelers, marketed primarily under the brand names "Autofurnish" and "Mototrance." The company operates in the B2B segment, while its wholly owned subsidiary, Golden Mace Private Limited, handles B2C trading through online platforms, including Amazon, Flipkart, and Zepto. The company offers both manufactured and traded automotive accessories, working with clients to develop customised products based on specific design requirements. Its customer base grew from approximately 53 customers in FY24 to approximately 106 customers in FY25. Autofurnish operates manufacturing facilities that are certified under ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, IATF 16949:2016, ISO 26262-1:2011, and Good Manufacturing Practices (GMP).
Company Details
Founders / Promoters
Mr. Puneet Arora
Founded
2015
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Autofurnish — IPOFins Verdict
QuantitativeDriven by elevated disclosed risk (9/10), Autofurnish listed at a premium of 4.9% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- The company is led by first-generation promoters, Puneet Arora and Ruppal Wadhwa, each with over 12 years of experience in the automotive accessories industry. Puneet Arora serves as Managing Director
- The company operates across both B2B and B2C segments directly through its manufacturing and design operations and through its wholly owned subsidiary Golden Mace Private Limited via online platforms,
- The company's customer base doubled from approximately 53 customers in FY24 to approximately 106 customers in FY25. Revenue from operations grew from Rs 10.59 crore in FY23 to Rs 15.91 crore in FY24 a
- The company's manufacturing facilities hold several certifications including ISO 9001:2015 for quality management systems, ISO 14001:2015 for environmental management systems, ISO 45001:2018 for occup
- The company claims to offer tailor-made automotive accessories developed in close coordination with clients to meet specific design requirements. This customisation capability, combined with a product
Score breakdown — what drove this verdict
High risk from DRHP → score -1.6
Actual listing outcome → score +0.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹41
Listing Price
₹43
Listing Gain/Loss
+4.88%
Listing Date
28 May 2026
Price Since Listing
Returns are measured against the ₹41 issue price.
Listing
₹43
+4.9%
1 Week
₹44.8
+9.3%
1 Month
₹45.01
+9.8%
Current
₹58
+41.5%
Want to buy this stock?
Trade Autofurnish on the secondary market
FAQ
What is the price band of Autofurnish IPO?
The price band is ₹41 per share with a lot size of 0 shares.
What does Autofurnish do?
Autofurnish Limited is a company engaged in the design, manufacturing, and trading of automotive accessories. Its core products include body covers and foot mats for cars and two-wheelers, marketed primarily under the brand names "Autofurnish" and "Mototrance." The company operates in the B2B segment, while its wholly owned subsidiary, Golden Mace Private Limited, handles B2C trading through online platforms, including Amazon, Flipkart, and Zepto. The company offers both manufactured and traded automotive accessories, working with clients to develop customised products based on specific design requirements. Its customer base grew from approximately 53 customers in FY24 to approximately 106 customers in FY25. Autofurnish operates manufacturing facilities that are certified under ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, IATF 16949:2016, ISO 26262-1:2011, and Good Manufacturing Practices (GMP).
Should I apply for Autofurnish IPO?
Autofurnish listed at ₹43 (+4.9% premium to the ₹41 issue price). IPOFins Score 3/10: Driven by elevated disclosed risk (9/10), Autofurnish listed at a premium of 4.9% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Autofurnish?
Autofurnish was founded by Mr. Puneet Arora in 2015.