Endurance Technologies Ltd.

Incorporated in year 2000, Endurance Technologies Ltd is in the business of manufacturing two-wheeler and three-wheeler automotive component. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Endurance Tech also manufacture specified components for four-wheeler passenger vehicles, light commercial vehicles and heavy commercial vehicles.Endurance Tech is the complete solutions provider, providing end-to-end services by engaging its customers from conception to end-user delivery. Visit chittorgarh.com for more detail.Company's development process includes design, development, validation, testing, manufacturing, delivery and aftermarket sale service for a wide range of technology-intensive auto component products.Endurance Tech have 25 plants across India, Italy and Germany. Company have 18 manufacturing plants in India, located in the major automotive manufacturing belts of the country, comprising 8 in Aurangabad (Maharashtra), 5 in Pune (Maharashtra), 2 in Pantnagar (Uttarakhand) and 1 each in Manesar (Haryana), Chennai (Tamil Nadu) and Sanand (Gujarat).Endurance also have 2 manufacturing facilities in Germany and 5 in Italy. In Europe, company predominantly cater to four-wheeler OEMs (original equipment manufacturer), focusing on engine and transmission components.Key Highlights:1. Company is largest two-wheeler and three-wheeler automotive component manufacturer in India in terms of aggregate revenue.2. Company is largest aluminum die-casting company in India in terms of actual output and installed capacity.3. Total revenue contribution from India is over 70% and 30% from Europe.4. Company's long-term bank facilities are rated CRISIL AA-/Stable and short-term bank facilities are rated CRISIL A1+.

Endurance Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects: