Autofurnish Ltd Share Price

Autofurnish Limited was originally incorporated on May 05, 2015 as Autofurnish Trading Private Limited, as a Private Limited company with the Registrar of Companies, Delhi. Thereafter, Company was converted into a Public Limited Company on August 27, 2024 by the Registrar of Companies, Manesar Haryana and the name of Company was changed from Autofurnish Trading Private Limited to Autofurnish Trading Limited and further, name of the Company was changed to Autofurnish Limited and fresh Certificate of Incorporation was issued by the Registrar of Companies, CPC, dated October 14, 2024.Autofurnish Limited operates primarily in the B2B segment and is engaged inTO design, manufacturing, marketing and sale of automobile accessories, with a core product line including body covers and foot mats for both cars and twowheelers. All the products are marketed under the brand name Autofurnish, catering to a wide range of industries. Over time, Autofurnish has evolved into a onestop solution for automotive accessories, offering a diverse product portfolio that combines both manufacturing and trading. Promoters commenced their entrepreneurial journey in FY 2012 with a sole proprietorship firm, M/s. Autofurnish, engaged in the manufacturing and trading of automotive accessories. In FY 2014, Promoters, Mr. Puneet Arora and Mr. Ruppal Wadhwa, incorporated Golden Mace, a partnership firm primarily engaged in trading automotive accessories. For expanding the business into trading and manufacturing, in FY 2015 Autofurnish Trading Private Limited was incorporated and subsequently, in 2016, Golden Mace Private Limited was incorporated, catering to the trading of automotive accessories through the B2C segment. In 2019, the Autofurnish proprietorship firm and Golden Mace partnership firm were consolidated into Autofurnish Limited to streamline the operations. In FY 2024, the Company acquired 51% of the equity share capital of Golden Mace Private Limited (GMPL), thereby making GMPL a subsidiary of the Company. Subsequently, pursuant to a Share Swap Agreement dated March 15, 2025, executed among the Company, Golden Mace Private Limited, Mr. Puneet Arora, and Mr. Ruppal Wadhwa, Autofurnish Limited acquired the remaining 49% shareholding in GMPL. As a result, GMPL became a wholly owned subsidiary of the Company.Company is planning the Initial Public Offer of 35,61,000 equity shares of face value of Rs 10 each through fresh issue.