Fourfront Limited Files DRHP for SME IPO; To Issue 65 Lakh Shares on BSE SME
Mumbai (Maharashtra), July 4, 2025 — Fourfront Limited, a leading player in automotive component manufacturing with a focus on electromechanical and power electronics solutions for EVs and industrial vehicles, has filed its Draft Red Herring Prospectus (DRHP) with BSE SME, marking its entry into the primary market with an Initial Public Offering (IPO).
🔑 Key IPO Highlights:
- Total Fresh Issue: 65,00,000 equity shares
- Face Value: ₹10 per share
- Exchange: BSE SME
- Lead Manager: Beeline Capital Advisors Pvt. Ltd.
Registrar: MUFG Intime India Pvt. Ltd.
🧭 IPO Objectives:
The proceeds from the IPO will be strategically utilized for:
- Part-financing the Proposed Project FF
- Funding incremental working capital requirements
- Investment in its wholly owned subsidiary for Project EV
General corporate purposes
🏭 About Fourfront Limited:
Founded as an innovation-driven manufacturer, Fourfront Limited specializes in:
- Switches & USB chargers
- DC-DC converters
- Onboard chargers
- Power Distribution Units (PDUs)
Custom electromechanical automotive components
The company operates under its flagship “Fourfront” brand and serves a wide client base including leading OEMs and industrial product manufacturers across India. Fourfront holds a strong market presence particularly in the commercial vehicle segment, and is actively expanding its EV-related product lines.
📈 Strategic Vision:
This IPO supports Fourfront’s broader vision to scale EV-focused technologies, enhance production capacity, and strengthen its working capital, aligning with India’s accelerating shift toward electric mobility.