Endurance Technologies IPO Opens: Investors Weigh Growth, Valuation and Auto Cycle Risks
Endurance Technologies’ initial public offering opened on Wednesday, with the Aurangabad-based auto components maker seeking to raise nearly Rs 1,162 crore at the upper end of the price band by selling a 17.5 percent stake. The issue follows a strong anchor placement of Rs 348.52 crore, but investors will now assess whether the company’s earnings profile and sector positioning justify fresh subscription at current valuations.
