Archive · 12 Aug 2025
FourFront Ltd Receives BSE Approval for SME IPO Launch
FourFront Limited, an automotive component manufacturer, is planning to launch an IPO after getting approval from BSE.
This means they're selling shares to the public to raise money.
They plan to issue a lot of new shares, with the money used to fund projects and improve the business.
A company called Beeline Capital is helping them with the IPO.
A potential risk for the company is its reliance on a single major customer.
The company's promoters are Shrikant Narayan Neurgaonkar and Ashish Arving Kalay.
FourFront Limited received approval from BSE for its SME IPO.
The company plans to issue 6,500,000 fresh equity shares with a face value of ₹10 each.
Proceeds from the IPO will fund projects, working capital, and general corporate purposes.
Beeline Capital Advisors Private Limited is the book-running lead manager.
A key risk highlighted is dependence on a single major customer in the automotive industry.
- Who
- FourFront Limited
- What
- FourFront Limited is launching an SME IPO.
- When
- Approved as of August 12, 2025.
- Where
- BSE (Bombay Stock Exchange)
- Why
- To fund projects, working capital, and general corporate purposes.
Company Dependence
N/A
Risk Factor
Company Dependence
FourFront Ltd. states a key risk is dependence on a single major customer in the automotive industry, whose actions could impact financial performance.
N/A
N/A
- Company Name
- FourFront Limited
- IPO Approval
- BSE
- Share Issuance
- 6,500,000 fresh equity shares
- Face Value
- ₹10 each
- Lead Manager
- Beeline Capital Advisors Private Limited
- Registrar
- MUFG Intime India Private Limited
- Promoters
- Shrikant Narayan Neurgaonkar, Ashish Arving Kalay