Autofurnish Limited, originally established in 2015 as Autofurnish Trading Private Limited, has transformed into a prominent player in the automotive accessories industry. Headquartered in India, the company specializes in the design, manufacturing, marketing, and sale of automobile accessories, including body covers and foot mats for cars and two-wheelers. Operating under its flagship brand 'Autofurnish,' the company serves a diverse set of industries primarily through the B2B segment and has evolved into a comprehensive provider of automotive accessories.
The business traces its roots back to a sole proprietorship launched in 2012, followed by the incorporation of partnership firm Golden Mace in 2014, which focused on trading automotive accessories. Over subsequent years, Autofurnish consolidated various business lines under one entity to optimize its operations. By 2024, it acquired full ownership of Golden Mace Private Limited, its B2C-focused subsidiary, through a share swap agreement, further strengthening its market presence and creating synergies across trading and manufacturing.
Autofurnish Limited has successfully positioned itself as a one-stop solution for automotive accessories, leveraging both in-house manufacturing and trading capabilities. This integration enables the company to offer a diverse product portfolio and scale efficiently to meet market demand. The company’s strategy of streamlining operations through acquisitions and restructuring has allowed it to consolidate its market position and ensure competitive advantages.
To support its growth and expansion plans, Autofurnish Limited is set to raise capital through an Initial Public Offering (IPO) of 3,561,000 equity shares with a face value of Rs 10 each. This IPO will provide the company with the financial resources needed to further expand its operations, product offerings, and reach in the growing automotive accessories market.