Omfurn India FPO IPO is an NSE SME IPO. They are going to raise ₹27.00 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.
Omfurn India FPO IPO opens for subscription on March 20, 2024, and closes on March 22, 2024. The allotment for the Omfurn India FPO IPO is expected to be finalized on March 26, 2024. Omfurn India FPO IPO will list on NSE SME with tentative listing date fixed as March 28, 2024.
| IPO Details | allotment |
| Minimum Investment ₹180,000 /1 Lot (2400 shares) | Price Range ₹71-₹75 | |
| Max Quantity 1 Lots/2400 Shares | Max Investment ₹180,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 27.00 Cr | Employee Discount ₹0 |
| Total Issue Size 3,600,000 Shares (aggregating up to ₹27.00 Cr) | Share Holding Pree Issue 8,174,400 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 3,600,000 Shares (aggregating up to ₹27.00 Cr) | Share Holding Post Issue 11,774,400 | Listing At NSE SME |
| Market Maker Portion 180,000 shares (Gretex Share Broking) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 20 March 2024 |
| Offer Ends | 22 March 2024 |
| Allotment | 26 March 2024 |
| Refunds | 27 March 2024 |
| Credit of shares to Demat account | 27 March 2024 |
| IPO Listing | 28 March 2024 |
About Omfurn India FPO
Incorporated in 1997, Omfurn India Limited is a manufacturer and supplier of Pre-Finished Wooden Doors and Modular Furniture in India. The company offers a wide range of wooden doors and furniture for Modular Kitchens, Wardrobes, Vanities and Modern Office furniture.
| Incorporated in | Managing Director |
| 1997 | Mr. |
Share Holding
| Share Holding Pre-Issue | 73.40% |
| Share Holding Post-Issue | 50.96% |
Omfurn India FPO IPO Prospectus
| Omfurn India FPO IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹7,108.10 | ₹3,229.79 | ₹2,184,54 |
| Assets | ₹5,716.59 | ₹4,766.30 | ₹4,665.25 |
| Profit | ₹414.87 | ₹59.81 | -₹99.41 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 88.31 Cr | ROE | 10.10% |
| P/E (X) | 14.78 | ROCE | 10.28% |
| POST P/E (X) | 15.27 | EPS | 5.08 |
| Debt to Equity | RONW | 10.10% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Funding capital expenditure towards installation of plant & machinery in our existing premises along with required civil, electric and fabrication work.
- Repayment/prepayment, in full or part, of certain borrowings availed of by the Company.
- Funding to meet working capital requirements.
- General corporate purposes.
Brokerage Firm IPO Review
- To be updated soon
| Omfurn India FPO Contact Details | |
| Address | Omfurn India FPO 109, Gundecha Industrial Complex, Akrurali Road, Kandivali (East), Mumbai – 400101, Maharashtra, India |
| Phone: | +91-2242108900 |
| omfurn@omfurnindia.com | |
| Website | https://www.omfurnindia.com/ |
| Omfurn India FPO IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| FPO@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Omfurn India FPO IPO Allotment Status Check |
| Omfurn India FPO IPO Allotment Status Check Click Here |
| Omfurn India FPO Lead Managers | |
| Gretex Corporate Services Pvt Ltd Office No. 13, 1st Floor, Raja Bahadur Mansion, New Bansilal Building, 9 -15, HomiModi Street , Fort, Near BSE Ltd, Mumbai -400023 | |
| Phone | +91 22 6708 6181 |
| ipo@gretexgroup.com | |
| Website | http://www.gretexcorporate.com |
Omfurn India FPO IPO FAQs
What is Omfurn India FPO IPO?
- Omfurn India FPO IPO is an NSE SME IPO. They are going to raise ₹27.00 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.
- The IPO opens on March 20, 2024, and closes on March 22, 2024.
When Omfurn India FPO IPO will open?
- The IPO is to open on March 20, 2024, for QIB, NII, and Retail Investors. and closes on March 22, 2024
What is Omfurn India FPO IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Omfurn India FPO IPO Size?
- Omfurn India FPO IPO size is ₹27.00 crores.
What is Omfurn India FPO IPO Price Band?
- Omfurn India FPO IPO Price Band is ₹71 to ₹75 per equity share.
What is Omfurn India FPO IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (2400 Shares) with ₹180,000. and Maximum Lot Size 1 Lots (2400 Shares) with ₹180,000
What is Omfurn India FPO IPO Allotment Date?
- Omfurn India FPO IPO allotment date is March 26, 2024.
What is Omfurn India FPO IPO Listing Date?
- Omfurn India FPO IPO listing date is March 28, 2024. The IPO to list on NSE.