Endurance Technologies Limited IPO
Endurance Technologies Ltd is in the business of manufacturing two-wheeler and three-wheeler automotive component. Endurance Tech also manufacture specified components for four-wheeler passenger vehicles, light commercial vehicles and heavy commercial vehicles.
Endurance Tech is the complete solutions provider, providing end-to-end services by engaging its customers from conception to end-user delivery. Company’s development process includes design, development, validation, testing, manufacturing, delivery and aftermarket sale service for a wide range of technology-intensive auto component products.
Endurance Tech have 25 plants across India, Italy and Germany. Company have 18 manufacturing plants in India, located in the major automotive manufacturing belts of the country, comprising 8 in Aurangabad (Maharashtra), 5 in Pune (Maharashtra), 2 in Pantnagar (Uttarakhand) and 1 each in Manesar (Haryana), Chennai (Tamil Nadu) and Sanand (Gujarat).
Endurance also have 2 manufacturing facilities in Germany and 5 in Italy. In Europe, company predominantly cater to four-wheeler OEMs (original equipment manufacturer), focusing on engine and transmission components.
Key Highlights:
1. Company is largest two-wheeler and three-wheeler automotive component manufacturer in India in terms of aggregate revenue.
2. Company is largest aluminum die-casting company in India in terms of actual output and installed capacity.
3. Total revenue contribution from India is over 70% and 30% from Europe.
4. Company’s long-term bank facilities are rated CRISIL AA-/Stable and short-term bank facilities are rated CRISIL A1+.
Objects of the Endurance Technologies Limited IPO:
Endurance Technologies Limited IPO Details:
| Open Date: | Oct 05 2016 |
| Close Date: | Oct 07 2016 |
| Total Shares: | 24,613,024 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Book Built Issue IPO |
| Issue Size: | 1,161.73 Cr. |
| Lot Size: | 30 Shares |
| Issue Price: | ₹ 467-472 Per Equity Share |
| Listing At: | NSE,BSE |
| Listing Date: | Oct 19 2016 |
Promoters And Management:
Financials of Endurance Technologies Limited IPO:
| Particulars | For the year/period ended (in Rs. Million) | |||||
|---|---|---|---|---|---|---|
| As at 30-Jun-16 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | |
| Total Assets | 21,805.34 | 19,917.30 | 18,796.98 | 19,442.64 | 19,072.74 | 19,139.43 |
| Total Revenue | 9,705.22 | 36,958.85 | 35,400.09 | 31,450.63 | 27,377.65 | 27,855.36 |
| Profit After Tax (PAT) | 538.81 | 2,055.96 | 1,813.99 | 1,500.31 | 1,009.79 | 1,060.48 |
Lead Manager of Endurance Technologies Limited IPO:
Registrar of Endurance Technologies Limited IPO:
Company Address:
25th Sep 2018 - 27th Sep 2018 => Aavas Financiers IPO
