🚗 Autofurnish Ltd IPO Subscription Day 1 Report — 21 May 2026

The Autofurnish Ltd IPO opened for subscription today on 21 May 2026 on the BSE SME platform. This Delhi-based automotive accessories manufacturer is raising ₹14.60 crore via a fixed price fresh issue at ₹41 per share. The issue closes on 25 May 2026, with allotment on 26 May 2026 and listing on 29 May 2026.

📊 Day 1 Subscription Status — Category Wise

• Overall Subscription: Day 1 data for Autofurnish IPO subscription status is at early stage. Being a fixed price SME issue, bidding momentum typically builds across all 5 days of the subscription window.

• Retail (RII) Category: Retail bids for Autofurnish IPO are being recorded. Issue currently undersubscribed — Day 1 allotment probability is higher for early applicants.

• NII / HNI Category: NII participation is at early stage. HNI investors tend to ramp up bids in the final days of a 5-day fixed price SME issue.

• QIB Category: QIB quota is 0% for Autofurnish IPO. This is a Retail + NII only issue with a 50:50 allocation split.

• IndiaIPOHub Day 1 Assessment: Day 1 numbers are just beginning to trickle in. Track live Autofurnish IPO subscription data on IndiaIPOHub and revisit before the final day close on 25 May 2026.

📈 Autofurnish IPO GMP Today — 21 May 2026

The Autofurnish IPO GMP today is ₹0, indicating no grey market premium at this stage. GMP activity is expected to pick up closer to the listing date of 29 May 2026. Track live Autofurnish GMP updates on IndiaIPOHub.

🏭 Company Overview — Autofurnish Ltd

Autofurnish Limited was incorporated in May 2015 and operates its manufacturing facility in Delhi. The company manufactures and trades automotive accessories for cars and two-wheelers — including body covers, foot mats, seat covers, riding gear, sunshades, and display protectors — under the "Autofurnish" and "Mototrance" brands. Manufacturing facility certified under ISO 9001:2015, ISO 14001:2015, IATF 16949:2016, and GMP standards. Customer base doubled from 53 (FY24) to 106 (FY25). Its wholly owned subsidiary Golden Mace Pvt. Ltd. handles B2C operations on Amazon, Flipkart, and Zepto. Capacity utilisation at 86.4% in FY25 on an installed capacity of 18.8 lakh units annually.

📋 IPO Key Details

• Exchange: BSE SME

• Issue Type: Fixed Price Issue (100% Fresh Issue, No OFS)

• Issue Size: ₹14.60 Crore | 35.61 lakh shares

• Issue Price: ₹41 per share | Face Value: ₹10

• Lot Size: 3,000 shares | Min. Investment: ₹2,46,000 (2 lots = 6,000 shares)

• Open Date: 21 May 2026 | Close Date: 25 May 2026

• Allotment Date: 26 May 2026 | Listing Date: 29 May 2026

• Registrar: Skyline Financial Services Pvt. Ltd.

• Lead Manager: Novus Capital Advisors Pvt. Ltd.

💰 Financials — Key Numbers

• Capacity Utilisation FY25: 86.4% (18.8 lakh units installed capacity)

• Revenue Contributors: Car interior accessories + body covers = 80%+ of revenue (9M Dec 2025)

• Customer Base: 53 (FY24) → 106 (FY25) — 100% growth

• Employees: 40 as of 31 March 2026

• IPO Proceeds Use: Working capital requirements and general corporate purposes

✅ Should You Apply?

The Autofurnish IPO offers exposure to India's growing automotive accessories market with strong dual B2B + B2C channels, excellent 86.4% capacity utilisation, and a rapidly doubling customer base. However, GMP is currently ₹0 with no grey market enthusiasm, and the auto accessories space is highly competitive. Conservative investors may wait for Day 3 subscription data before deciding. Track live Autofurnish IPO subscription status on IndiaIPOHub before applying.

Disclaimer: This is not investment advice. Please read the offer document carefully and consult your financial advisor before investing. GMP is unofficial and unregulated.