Omfurn India Limited FPO IPO

Omfurn India Limited FPO is an NSE SME IPO listed on the NSE SME platform, priced at ₹71–₹75 per share. The stock debuted at ₹76.6, delivering a listing gain of 2.1%. The IPO had a lot size of ₹2400 shares and a minimum investment of ₹1,80,000.

Omfurn India Limited FPO

NSE SME Listed
₹1,80,000 (2400 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 20, 2024 – Mar 22, 2024
Price band
₹71-75 per equity share
Minimum Investment
₹1,80,000
Issue size
₹27 Cr
Lot size
2400
Allotment Date
Mar 26, 2024
Listing
Mar 28, 2024
Listing At
NSE SME

IPO timeline

  1. Mar 20, 2024

    Open Date

    Completed

  2. Mar 22, 2024

    Close Date

    Completed

  3. Mar 26, 2024

    Allotment Date

    Completed

  4. Mar 28, 2024

    Listing Date

    Completed

Omfurn India Limited FPO IPO Essentials

Omfurn India Limited FPO IPO Details

Omfurn India Limited FPO IPO is priced at ₹71-75 per share with a total issue size of 27 crore. The IPO has a lot size of 2400 shares and is listed on NSE SME.

Issue price
₹71-75 per equity share
Lot size
2400 shares
Face value
₹10 Per Equity Share
Issue size
3,600,000 shares(aggregating up to ₹27.00 Cr)
Total issue size
36,00,000 shares
(aggregating up to ₹27 crore)
Fresh issue
36,00,000 shares
(aggregating up to ₹27 crore)
Listing at
NSE SME
List price
76.6
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Gretex Corporate Services Limited

Market Lot Size

Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 2400 ₹1,80,000
Retail(max) 1 2400 ₹1,80,000
NII (min) 2 4,800 ₹3,60,000

Omfurn India Limited FPO IPO Documents

Omfurn India Limited FPO IPO Reservation

Omfurn India Limited FPO IPO reservation details show category-wise allocation of shares. Out of the total 3,600,000 shares, approximately 32.6% are reserved for QIB, 14.27% for NII, 33.27% for retail investors, 5% for market maker, and 14.87% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 535,200 (14.87%)
Market Maker Shares Offered 180,000 (5%)
QIB Shares Offered 1,173,600 (32.6%)
NII (HNI) Shares Offered 513,600 (14.27%)
Retail Shares Offered 1,197,600 (33.27%)
Total Shares Offered 3,600,000 (100%)

Omfurn India Limited FPO IPO Analytics

Omfurn India Limited FPO IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Omfurn India Limited FPO IPO Subscription Status

Omfurn India Limited FPO IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 1,173,600 / 513,600 1,197,600 2,884,800
Day 1 20-03-24 06:00 PM
(0.00 / 0.43) x 0.76 x 0.39 x
Day 2 21-03-24 06:00 PM
(1.00 / 0.32) x 2.81 x 1.63 x
Day 3 22-03-24 06:00 PM
(1.00 / 3.02) x 6.33 x 3.57 x

Omfurn India Limited FPO Valuations

Earnings

EPS Pre IPO
₹5.08/-
EPS Post IPO
₹4.91/-
P/E Pre IPO
14.78
P/E Post IPO
15.27

Returns

ROE
10.10%
ROCE
10.28%
RoNW
10.10%
PAT Margin
7.00

Fundamentals

Price / Book
2.14

Data sourced from DRHP / RHP • For educational purposes only

Omfurn India Limited FPO Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 5,716.59 4,766.30 4,665.35
Revenue 7,108.10 3,229.79 2,184.54
Profit After Tax 414.87 59.81 -99.41
Net Worth 2,573.79 2,158.92 2,099.11
Reserves & Surplus 1,892.59 1,477.72 1,417.91
Total Borrowing 1,138.10 1,595.16 1,585.99

Omfurn India Limited FPO Company & Offer Insights

About Omfurn India Limited FPO

Omfurn India Limited is incorporated in 1997. It manufactures and supplies Pre-Finished Wooden Doors and Modular Furniture in India. The company is offering a comprehensive range of wooden doors and furniture for Modular Kitchens, Wardrobes, Vanities, and Modern Office furniture.

Omfurn India undertakes the design, manufacture, and installation of custom furniture and also takes up turnkey interior projects in hotels, residential apartments, offices, shopping malls, hospitals, IT parks, international schools, pre-finished doors, and fire-rated doors.

The company was enlisted as an NSE SME in the year 2017.

The company's manufacturing factory at Umbergaon has a total area covered under 1,61,460 square feet.

By 30 November 2023, the company had a total of 221 employees that included administrative staff, skilled workers, semi-skilled, and unskilled employees.

Omfurn India Limited FPO Promoter(s)

Mr. Rajendra Chitbahal Vishwakarma, Mr. Mahendra Chitbahal Vishwakarma and Mr. Narendra Chitbahal Vishwakarma, Mr. Prashant Rajendra Vishwakarma and Mr. Parmanand Mahendra Vishwakarma are the company's promoters of Omfurn India Limited FPO.

Omfurn India Limited FPO IPO Issue Objectives

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.

Contact Information

Contact Details

Omfurn India Limited FPO

+91-2242108900

omfurn@omfurnindia.com

https://www.omfurnindia.com/

109, Gundecha Industrial Complex, Akrurali Road, Kandivali (East), Mumbai - 400101, Maharashtra

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Omfurn India Limited FPO IPO is a book-built IPO worth ₹27 crore. The price band is ₹71–₹75 per share. The IPO opens on Mar 20, 2024 and closes on Mar 22, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Omfurn India Limited FPO IPO is ₹71 to ₹75 per share.

The lot size of Omfurn India Limited FPO IPO is 2400 shares.

The minimum investment for Omfurn India Limited FPO IPO is approximately ₹1,80,000 based on the upper price band .

Omfurn India Limited FPO IPO opens on Mar 20, 2024 and closes on Mar 22, 2024.

The allotment date of Omfurn India Limited FPO IPO is Mar 26, 2024.

Omfurn India Limited FPO IPO is expected to be listed on Mar 28, 2024, on NSE SME Platform.

Omfurn India Limited FPO IPO valuation snapshot: P/E 15.27, EPS ₹4.91/-, P/B 2.14, RoNW 10.10%, and market cap N/A.

To apply for Omfurn India Limited FPO IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Omfurn India Limited FPO IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Omfurn India Limited FPO IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Omfurn India Limited FPO IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Omfurn India Limited FPO IPO allotment status on IPO Ji for quick and easy access.