IPO: Endurance Technologies Limited

endurance-ipoCompany & Business Profile

Incorporated on 27th December 1999, Endurance Technologies Limited (“ETL”) is the largest Two-Wheeler and Three-Wheeler Automotive Component Manufacturer in India in terms of aggregate revenue for FY2015.

ETL manufacture a diverse range of Technology-Intensive Automotive Components for the Two-wheeler and Three-wheeler segments for Indian Market. They also manufacture specified components for Four-Wheeler Passenger Vehicles, Light Commercial Vehicles (“LCVs”) and Heavy Commercial Vehicles (“HCVs”) for European Market. ETL is the number one Aluminium Die-Casting company in India in terms of actual output and installed capacity in FY2016. ETL has 25 plants across India, Italy and Germany. They have 18 manufacturing plants in India, 2 manufacturing plants in Germany and 5 in Italy. 15 of their plants in India are certified as per ISO/TS 16949:2009 standards.

Objects of the Issue:

To achieve the benefits of listing the Equity Shares on the Stock Exchanges and to carry out the Offer for Sale.

Listing:

The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Apply in IPO now in ASBA mode, to apply call us at 0731-4217261.