Autofurnish IPO Subscribed 1.21 Times on Day 3
Last Updated: 25th May 2026 - 05:41 pm
Autofurnish Limited's initial public offering (IPO) closed its three-day subscription window at 1.21 times overall subscription by 5:14 PM on Day 3 (May 25, 2026). The ₹14.60 crore fixed price issue at ₹41 per share received bids for 40,80,000 shares against 33,81,000 shares on offer, with total applications reaching 358.
Subscription Status of Autofurnish IPO
| Date | NII | Individual Investors | Total |
|---|---|---|---|
| Day 1 (May 21) | 0.15 | 0.52 | 0.37 |
| Day 2 (May 22) | 0.13 | 0.66 | 0.43 |
| Day 3 (May 25) | 1.17 | 1.17 | 1.21 |
Here are the subscription details for Autofurnish IPO Day 3, as of 4:59 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 1,80,000 | 1,80,000 | 0.74 |
| NII | 1.17 | 16,89,000 | 19,74,000 | 8.09 |
| Individual Investors | 1.17 | 16,92,000 | 19,86,000 | 8.14 |
| Total | 1.21 | 33,81,000 | 40,80,000 | 16.73 |
Key Highlights – Day 3
- Overall subscription crossed full subscription at 1.21 times, surging from Day 2's 0.43 times, driven by a sharp final-day surge across both investor categories.
- Non-institutional investors crossed full subscription at 1.17 times, surging from Day 2's 0.13 times, recovering strongly after declining on Day 2.
- Individual investors crossed full subscription at 1.17 times, building from Day 2's 0.66 times.
- Total applications reached 358 on Day 3.
- This is a fixed price IPO with no QIB category; participation is limited to NII and individual investors.
Key Highlights – Day 2
- Overall subscription reached 0.43 times, improving marginally from Day 1's 0.37 times.
- Individual investors improved to 0.66 times from Day 1's 0.52 times.
- Non-institutional investors declined marginally to 0.13 times from Day 1's 0.15 times.
Key Highlights - Day 1
- Overall subscription reached 0.37 times on Day 1 (May 21, 2026), reflecting subdued initial investor interest in this automotive accessories SME IPO.
- Individual investors showed the stronger opening participation at 0.52 times on Day 1.
- Non-institutional investors recorded 0.15 times on Day 1.
About Autofurnish Limited
Incorporated in May 2015, Autofurnish Limited manufactures and markets automotive accessories including body covers and foot mats for cars and two-wheelers under the "Autofurnish" and "Mototrance" brands. The company operates in both B2B and B2C segments, with B2C sales through Amazon, Flipkart, Zepto, and its own website. Its manufacturing facilities hold multiple certifications including ISO 9001:2015, IATF 16949:2016, and GMP. As of March 31, 2026, the company had 40 employees.
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