Endurance Technologies Limited IPO

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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+.

Endurance Technologies Limited IPO Stock Quote & Charts

1151.40

+0.12%

Check History
  • Open: 1150.00
  • High - Low: 1161.30 - 1130.00
  • Previous Close: 1150.05
  • Total Traded Volume: 166117
  • Updated On: 22-Mar-2019

Objects of the Endurance Technologies Limited IPO:

1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges 2. To carry out the Offer for Sale.
DRHP of 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:

1. Mr. Anurang Jain

Financials of Endurance Technologies Limited IPO:

Summary of financial Information
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:

  1. Axis Capital Limited
  2. Citigroup Global Markets India Private Limited

Registrar of Endurance Technologies Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Endurance Technologies Limited K-228, MIDC Industrial Area, Waluj, Aurangabad 431 136, Maharashtra, India Phone: +91 240 256 6686 Fax: +91 240 255 6685 Email: investors@endurance.co.in Website: www.endurancegroup.com

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