Autofurnish’s SME IPO opens for subscription on Thursday. Grey market activity shows flat sentiment with no premium expected. The company aims to raise Rs 14.6 crore through a fresh issue of shares. Autofurnish manufactures and trades automotive accessories for business-to-business and business-to-consumer segments. IPO proceeds will fund working capital and general corporate needs. SME IPO activity remains active.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets