Fourfront IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |

Fourfront IPO Logo
The exchange has approved the Initial Public Offer (IPO) of Fourfront Ltd. on August 11, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The exchange approval is valid for 12 months.

Fourfront Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.65 crore equity shares.

The equity shares are proposed to be listed on the BSE SME. Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Fourfront IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size65,00,000 shares
(agg. up to ₹[.] Cr)
Fresh Issue 65,00,000 shares
(agg. up to ₹[.] Cr)
Share Holding Pre Issue1,68,40,000 shares
Share Holding Post Issue2,33,40,000 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeThu, Jun 26, 2025
SEBI/Exchange approval receivedMon, Aug 11, 2025

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII Shares OfferedNot less than 15% of the Net Issue

About Fourfront Ltd.

Incorporated in 2007, Fourfront Limited is a diversified company engaged engaged in the designing and manufacturing of electromechanical and power electronics products, primarily serving the automotive industry.

The company supplies customized electro-mechanical and electronic solutions to leading Original Equipment Manufacturers (OEMs) in the automotive industry, with a strategic focus on the electric vehicle (“EVs”) segment.

Its product offerings include including various types of switches, USB cables, onboard chargers, and DC-DC converters, catering to both conventional and electric vehicle OEMs.

The company partnered with ICE-T (Changzhou) Co., Ltd to acquire and customize designs for OBCs, DC-DC converters, and inverters, enabling domestic manufacturing and expanding its power electronics portfolio.

Business Model:

  • Manufacturing Switches, USB Chargers and Converters
  • R & D for new Products through our Wholly Owned Subsidiary Edhaa Technologies
  • Manufacturing products for Electric Vehicles through our Wholly Owned Subsidiary Fourfront Green

As on December 31, 2024, the company had 103 employees.

Competitive Strengths:

  • Integrated design and development model driven by in-house research capabilities
  • Quality Assurance and Standards
  • Existing client relationship
  • Experienced Promoters with strong management team having domain knowledge
  • Track record of profitability and financial performance

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets96.2989.0866.4446.82
Total Income72.27130.2371.9753.20
Profit After Tax9.5220.9913.6210.23
EBITDA15.9632.2020.7915.82
NET Worth63.3055.7839.9130.86
Reserves and Surplus46.4655.7439.8630.80
Total Borrowing6.8610.3610.147.25
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Part-financing the Proposed Project FF 33.42
2 Funding incremental working capital requirements 10.00
3 Investment in our wholly owned Subsidiary for: financing the Proposed Project EV 25.67
4 Investment in our wholly owned Subsidiary for: funding its incremental working capital requirements 12.50
5 General corporate purposes

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROE43.88%
ROCE53.51%
Debt/Equity0.19
RoNW37.64%
PAT Margin16.32%
EBITDA Margin25.03%
Pre IPOPost IPO
Promoter Holding100%
Shrikant Narayan Neurgaonkar and Ashish Arvind Kalay are the company promoters.

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Fourfront Ltd. Address
Plot No. K -64
Chakan Industrial Area Phase II
Bhamboli Tal Khed
Pune, Maharashtra, 410501
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IPO FAQs

Fourfront IPO is a SME IPO of 65,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Fourfront IPO open and close dates are not available as of now.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Fourfront IPO using UPI as a payment gateway. Zerodha customers can apply in Fourfront IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Fourfront IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Fourfront IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Fourfront IPO dates are not announced. Please check back again after some time.

Fourfront IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Fourfront IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Fourfront IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Fourfront IPO allotment status.

The Fourfront IPO listing date is not yet announced. The tentative date of listing is .

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