Omfurn India FPO Details | GMP, Date, Price, Review

Omfurn India FPO Details ( Omfurn India Limited FPO Review )

(20 Mar 2024 – 22 Mar 2024)

Established in 1997, Omfurn India Limited manufacturing and supplies Pre-Finished Wooden Doors and Modular Furniture across India. We offer a diverse selection of wooden doors and furniture for Modular Kitchens, Wardrobes, Vanities, and Modern Office settings.

Additionally, Omfurn India specializes in custom furniture design, manufacturing, and installation. We also undertake turnkey interior projects for various establishments like hotels, residential spaces, offices, shopping malls, hospitals, IT parks, international schools, and more. Our offerings include pre-finished doors and fire-rated doors.

Omfurn India Limited got listed on the NSE SME platform in 2017.

Our manufacturing facility is situated in Umbergaon, covering a total area of 1,61,460 square feet.

Omfurn India Limited Company Product

1. Doors
   • Fire Resistant Door
   • Laminated Doors
   • Veneer Door
   • Door Frames
2. Office Solutions
   • Short Office Desk
   • Waiting Lounge
   • Complete Office Floor
   • Smart Desk
3. Modular Kitchens
   • Straight Kitchen
   • Parallel Kitchen
   • L Shape Kitchen
   • U Shape Kitchen
4. Modular Wardrobe/ Vanity
   • Slider Door Wardrobe
   • Wardrobe with Dressing Table
   • Glass Door Wardrobes
   • Traditional Wardrobe
5. Hotel Furniture
6. School Furniture

Omfurn India Limited FPO Competitive Strength

• Experienced Management and Motivated Team
• Skilled and dedicated manpower
• Range of Product Offering
• Compliance with Quality Standards
• Existing customer relationship
• Strong & Long-term relationship with our Clients

Omfurn India FPO Financials Performance ( Results )

Omfurn India Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period Ended	Total Assets	Total Revenue	PAT	EPS (₹)	Net Worth	NAV (₹)	Reserves	Borrowing
31-Mar-21	4,665.35	2,184.54	-99.41	-1.22	2,099.11	25.68	1,417.91	1,585.99
31-Mar-22	4,766.30	3,229.79	59.81	0.73	2,158.92	26.41	1,477.72	1,595.16
31-Mar-23	5,716.59	7,108.10	414.87	5.08	2,573.79	31.49	1,892.59	1,138.10
30-Sep-23	6,825.97	4,474.78	289.16	3.54	2,862.95	35.02	2,181.75	1,890.41

Objective of Omfurn India FPO Issue

• 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; and
• General corporate purposes.

Omfurn India FPO Basic Details

FPO Date	Mar 20, 2024 to Mar 22, 2024
Listing Date	Thursday, March 28, 2024
Face Value	₹10 per share
Price	₹71 to ₹75 per share
Lot Size	2400 Shares
Issue Size	3,600,000 shares of ₹10 (aggregating up to ₹27.00 Cr)
Fresh Issue	3,600,000 shares of ₹10 (aggregating up to ₹27.00 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share holding pre issue	8,174,400
Share holding post issue	11,774,400

Omfurn India FPO Reservation

QIB Shares Offered	50% of the Net Issue
NII (HNI) Shares Offered	15% of the Net Issue
Retail Shares Offered	35% of the Net Issue

Omfurn FPO Timetable

Omfurn FPO will open on March 20, 2024 and close on March 22, 2024. You can join Omfurn FPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	20 March 2024 (Wednesday)
Closing Date	22 March 2024 (Friday)
Basis of Allotment	26 March 2024 (Tuesday)
Initiation of Refunds	27 March 2024 (Wednesday)
Credit of Shares to Demat	27 March 2024 (Wednesday)
Listing Date	28 March 2024 (Thursday)
Deadline for UPI mandate confirmation	5 PM on 22 March 2024

Omfurn FPO Lot Size

For retail investors in Omfurn FPO, 2400 shares will come in 1 lot or the minimum investment will be ₹180,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹180,000.

Application	Lots	Shares	Amount
Retail (Min)	1	1200	₹180,000
Retail (Max)	1	1200	₹180,000
S-HNI (Min)	2	2400	₹360,000

Omfurn India FPO Promoter Holding

The company’s promoters include Mr. Rajendra Chitbahal Vishwakarma, Mr. Mahendra Chitbahal Vishwakarma and Mr. Narendra Chitbahal Vishwakarma, Mr. Prashant Rajendra Vishwakarma and Mr. Parmanand Mahendra Vishwakarma.

Pre Issue Share Holding	73.40%
Post Issue Share Holding	50.96%

Omfurn India Ltd FPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)	88.31
Earning Per Share (EPS)	₹5.08 per Equity Share
Net Asset Value (NAV)	₹31.49 per Equity Share
P/E Ratio (P/E) (x)	14.78
Post P/E Ratio (P/E) (x)	15.27
Return on Net Worth (RoNW) (%)	10.10
Return on equity (ROE) (%)	10.10
Return on Capital Employed (ROCE) (%)	10.28
Debt/Equity Ratio
Price/Book Value Ratio	2.14

Omfurn India FPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹0	–	–
17 March 2024	₹0	–	–

Omfurn India FPO Detail Video:

link

Omfurn India FPO Subscription Status (Bidding Detail)

The Omfurn India FPO on March 22, 2024 at 7:00:00 PM was subscribed 3.57 times, with the retail category being subscribed 6.33 times, the NII (Non-Institutional Investor) category being subscribed 3.02 times, QIB (Qualified-Institutional Buyers) category being subscribed 1.00 times.

Category	Subscription
QIB	1.00x
NII	3.02x
Retail	6.33x
Total	3.57x

Omfurn India FPO Prospectus

Omfurn India FPO DRHP	Download
Omfurn India FPO RHP	Download
Omfurn India FPO Anchor Investors Details PDF	Download

Omfurn India FPO Rating

Our Rating

2.0/5.0

Omfurn India Company Contact Information

Omfurn India Limited

Registered Office: 109, Gundecha Industrial Complex, Akrurali Road, Kandivali (East), Mumbai – 400101, Maharashtra, India
Tel.: +91-22 4210 8900, Fax No.: NA
E-mail id: omfurn@omfurnindia.com
Website: www.omfurnindia.com
Contact Person: Ms. Dhara Pratik Shah, Company Secretary, and Compliance Officer
Our Promoters: Mr. Rajendra Chitbahal Vishwakarma, Mr. Mahendrachitbahal Vishwakarma, Mr. Narendra Chitbahal Vishwakarma, Mr. Prashant Rajendra Vishwakarma and Mr. Parmanand Mahendra Vishwakarma

Omfurn India FPO Registrar

Bigshare Services Private Limited

Registered Office: S62, 6th Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai – 400093, Maharashtra, India
Tel: +91 22 6263 8200
Email-id: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Babu Raphael C
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534

Omfurn India FPO Lead Manager

Gretex Corporate Services Limited

Registered Office: A- 401, Floor 4th, Plot FP-616, (PT), Naman Midtown, Senapati Bapat Marg, Near Indiabulls, Dadar (W), Delisle Road, Mumbai – 400013, Maharashtra, India
Tel: +91 96532 49863
Email-id: info@gretexgroup.com
Investor Grievance Email: info@gretexgroup.com
Website: www.gretexcorporate.com
Contact Person: Mr. Arvind Harlalka
SEBI Registration Number: INM000012177
CIN: L74999MH2008PLC288128

Omfurn India FPO FAQs