Omfurn India
Omfurn India Info
Details about the Omfurn India IPO. Opening Date of Omfurn India is 20 Mar 24 and Closing Date is 22 Mar 24 . Face Value of Each share of Omfurn India is ₹10 per share. Price band of Omfurn India is ₹71 to ₹75. The Lot size of Omfurn India is 2,400 shares. Total issue size of Omfurn India IPO is ₹27 cr. Fresh Issue of Omfurn India IPO is 27 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Omfurn India is 8,174,400. Share Holding Post Issue of Omfurn India is 11,774,400.
Business Summary
Omfurn India Limited is manufacturer and supplier of Pre-Finished Wooden Doors and Modular Furniture in India.
Omfurn India have been in business since November 13, 1997, which gives them a quarter-century of experience in this industry. Since then, Company have been reaching remarkable milestones in creation and innovation
Company create a wide range of wooden doors and furniture for Modular Kitchens, Wardrobes, Vanities and Modern Office furniture through customized, system-based, or turnkey projects PAN India.
Omfurn India IPO Details
| Open Date | 20 Mar 24 |
|---|---|
| Close Date | 22 Mar 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹71 - ₹75 |
| Lot Size | 2,400 Shares |
| Total issue Size | 3,600,000 Shares ₹27 cr |
| Fresh Issue | 3,600,000 Shares ₹27 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 8,174,400 |
| Share Holding Post Issue | 11,774,400 |
| Market Maker | Gretex Share Broking |
| Market Maker Portion | 180,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Omfurn India IPO Timeline
The Omfurn India Initial Public Offering (IPO) is set to open on 20 Mar 24 and will end its subscription phase on 22 Mar 24. You can check your allotment status for Omfurn India on 26 Mar 24. The refund process for your funds will start promptly on 27 Mar 24. Omfurn India IPO credit of shares will be on 27 Mar 24. The listing date for Omfurn India is on 28 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Omfurn India IPO Reservation
The Omfurn India IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
180,000 Shares will be reserved for subscription by Gretex Share Broking
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Omfurn India IPO Lot Size
Bids can be made for minimum of 2400 shares and in multiple of 2400 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,400 | 180,000 |
| Retail (Max) | 1 | 2,400 | 180,000 |
| HNI (Min) | 2 | 4,800 | 360,000 |
Omfurn India IPO Promoters Holding
Promoters holding details for Omfurn India in the current issue is as follows: The share holding of promoters before the issue stands at 73.4%, and after the issue, it has been adjusted to 50.96%.
Promoters of Omfurn India are Mr. Rajendra Chitbahal Vishwakarma, Mr. Mahendra Chitbahal Vishwakarma, Mr. Narendra Chitbahal Vishwakarma, Mr. Prashant Rajendra Vishwakarma, Mr. Parmanand Mahendra Vishwakarma,
| Share Holding Pre Issue | 73.4% |
|---|---|
| Share Holding Post Issue | 50.96% |
Omfurn India Financial Information
Financial performance details for Omfurn India over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 6,825.97 | 5,716.59 | 4,766.3 | 4,665.35 |
| Revenue | 4,474.78 | 7,108.1 | 3,229.79 | 2,184.54 |
| Profit After Tax | 289.16 | 414.87 | 59.81 | -99.41 |
Omfurn India IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Omfurn India are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 14.78 |
| ROCE | 10.28% |
| ROE | 10.10% |
| RoNW | 23.94% |
| EPS (Rs) | 5.08 |
Object of the Issue
- • Funding capital expenditure towards installation of plant & machinery in the 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
Contact Details for Omfurn India
Phone
Office
109, Gundecha Industrial Complex, Akrurali Road, Kandivali (East), Mumbai - 400101, Maharashtra, India
Registrar Details for Omfurn India
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Gretex Corporate Services Limited