Fourfront IPO Date, Price & Key Info Revealed

Fourfront IPO

Fourfront IPO is fully book build issue and total IPO size is ₹null crores. The total offering consists of 6500000 shares.

The dates for the Fourfront IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Fourfront IPO is scheduled to list on BSE SME, with a listing date of [.]. The price band for the Fourfront IPO has not been announced yet.

Registrar for this IPO is Mufg Intime India Private Limited and lead managers for Fourfront Limited IPO are Beeline Capital Advisors Private Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹10 Per Equity Share
Total Issue Size	6,500,000 Shares
Fresh Issue	6,500,000 Shares
Issue Type	Fresh Issue
Listing At	BSE SME

Share Reservation

Investor Category	Shares Offered
QIB	50%
Retail	35%
NII/HNI	15%

About Fourfront Limited Company

Fourfront Limited: Company Overview

Fourfront Limited is a prominent player in the auto component industry, focusing on electro-mechanical and electronic components. The global economy is expected to grow at 3.2% in 2024 and 3.3% in 2025. While advanced economies are projected to grow 1.9% in 2025, emerging markets present diverse growth patterns.

Despite global uncertainties, India remains a bright spot with real GDP growth expected at 6.5%, driven by public investment and strong domestic demand. The company is poised to leverage its expertise and the favorable Indian economic climate for continued success.

The company has no special tax benefits to the shareholders investing in the company.

Fourfront Limited Financial Details

Particulars	December 2024	March 2024	March 2023	March 2022
Total Assets	96.29	89.08	66.44	46.82
Total Revenue	72.27	130.23	71.97	53.20
Profit After Tax	9.52	20.99	13.62	10.23
Net Worth	63.30	55.78	39.91	30.86
Total Borrowings	6.86	10.36	10.14	7.25

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
12.46	37.64%	33.12		43.88%	53.51%

Offer Objectives

The company is issuing up to 65,00,000 Equity Shares with a face value of ₹10 each. The net proceeds will be used for several key objectives:

1. Part-financing a new manufacturing facility (Proposed Project FF): This facility, located in Pune, Maharashtra, will focus on moulding switches, power electronics, and other components. The total estimated cost is ₹53.79 crore, with ₹33.42 crore funded from the net proceeds.

2. Funding incremental working capital requirements: ₹10 crore is allocated to meet the increasing working capital needs of the company.

3. Investment in wholly-owned subsidiary (Fourfront Green Innovations Private Limited): This investment will support:

Establishing a new manufacturing facility for DC-DC Converters, Invertors, Power distribution boxes, and other components (Proposed Project EV), costing ₹25.67 crore.
Funding its incremental working capital requirements, amounting to ₹12.50 crore.

4. General Corporate Purposes: A portion of the net proceeds will be allocated for general corporate purposes. The amount allocated for general corporate purposes will not exceed 15% of the gross proceeds from the Issue or ₹10 crore, whichever is lower.

The company intends to deploy these funds in Fiscal Years 2026 and 2027. Any variations in the utilization of Net Proceeds are subject to compliance requirements, including shareholder approval.