Autofurnish Limited came to market through an SME IPO that opened on 21 May 2026 and closed on 25 May 2026, and the shares listed on 29 May 2026 on BSE SME. The price band was ₹41 per share and one lot was 3000 shares, so the minimum application was ₹1,23,000. The issue size was ₹14.6 crore. The whole issue was fresh shares, so the money raised went to the company.
Skyline Financial Services Pvt.Ltd was the registrar to the issue, and Novus Capital Advisors Pvt. Limited(Formerly known as Fast Track Finsec Private Limited) was the lead manager.
As of 25 May 2026.
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Autofurnish Ltd is involved in the production and trading of accessories for automobiles. The firm primarily functions in the B2B market niche, dealing with the design, manufacture, marketing, and selling of accessories for automobiles, such as car and motorcycle covers and foot mats. These accessories are marketed under the brand names 'Autofurnish' and 'Mototrance'. The factory is ISO and GMP certified.
The firm’s subsidiary, Golden Mace Private Limited, functions in the B2C market niche via online platforms like Amazon, Flipkart, Zepto, and the firm’s own website.
As described in the offer document.
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Mr. Puneet Arora, Mr. Ruppal Wadhwa.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Autofurnish IPO was a ₹14.6 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹41 per share with a lot size of 3,000 shares; the minimum retail application was 6,000 shares (₹2,46,000). The IPO was open from May 21 to May 25, 2026 and was subscribed 1.26x. Shares listed on BSE SME on May 29, 2026 at ₹43, a 4.9% premium to the issue price of ₹41. Skyline Financial Services Pvt. Ltd. is the registrar.
Novus Capital Advisors Pvt. Limited is the book running lead manager.
The issue price of Autofurnish IPO is ₹41 per share (fixed price).
The lot size of Autofurnish IPO is 3000 shares.
The minimum investment for Autofurnish IPO is approximately ₹2,46,000 based on the issue price.
The allotment date of Autofurnish IPO is May 26, 2026.
You can check Autofurnish IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Autofurnish IPO allotment status on Rupix for quick and easy access.
₹41 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 3000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,23,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,23,000, for one lot of 3000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 21 May 2026 and closed on 25 May 2026.
The basis of allotment was published on 26 May 2026 by Skyline Financial Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 29 May 2026 on BSE SME.
The issue size was ₹14.6 crore. The fresh issue was 35,61,000 shares (aggregating up to ₹14.6 crore).