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.
Omfurn India also designs, manufactures and installs custom furniture and designs and executes turnkey interior projects of hotels, residential, offices, shopping malls, hospitals, IT parks, international schools, pre-finished doors, and fire-rated doors.
The company was listed in NSE SME in the year 2017. Omfurn India Limited’s manufacturing factory is located in Umbergaon and has a total area of 1,61,460 sq. ft.
Omfurn India FPO – Details
| FPO Opening Date | 20 March 2024 |
| FPO Closing Date | 22 March 2024 |
| Issue Type | Book Built Issue FPO |
| Issue Size | 36,00,000 Shares Worth ₹27.00 Crore Fresh Issue: 36,00,000 Shares Worth ₹27.00 Crore |
| Face Value | ₹10 per equity share |
| FPO Price | ₹71 – ₹75 |
| Market Lot | 2400 Shares |
| Min Order | 2400 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Omfurn India FPO – Date Schedule
| FPO Open Date | 20 March 2024 |
| FPO Close Date | 22 March 2024 |
| Basis of Allotment | 26 March 2024 |
| Initiation of Refund | 27 March 2024 |
| Credit of Shares to Demat Account | 27 March 2024 |
| FPO Listing Date | 28 March 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 22, 2024 |
Omfurn India FPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2400 | ₹1,80,000 |
| Retail (Maximum) | 1 | 2400 | ₹1,80,000 |
| HNI (Minimum) | 2 | 4800 | ₹3,60,000 |
Competitive Strengths
- Strong Supply Chain and Input Sourcing for QSR, CDR, and Other Outdoor Dining Options in India.
- In-house Manufacturing Plant Layout & Designing Capability as per the GFSI-approved global foods safety standards.
- Quality Compliance, Control, and Quality Standards.
- Experienced Promoters and Management.
- Customers of global repute.
Company Promoters
- Paramjit Singh Chatha
- Gurpreet Chatha
- Gurcharan Singh Gosal
- Anmoldeep Singh
Object Of The Issue
- Setting up the Proposed Manufacturing Unit.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 21.84 | 22.91 | -0.99 | 15.85 |
| 31 March 2022 | 32.29 | 31.64 | 0.59 | 15.95 |
| 31 March 2023 | 71.08 | 65.95 | 4.14 | 11.38 |
| 30 September 2023 | 44.74 | 40.69 | 2.89 | 18.90 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 10.10% |
| ROCE | 10.28% |
| RoNW | 10.10% |
| P/BV | 2.14 |
| PAT Margin (%) | 0.07 |
| Pre FPO | Post FPO | |
| EPS (Rs) | 5.08 | 4.91 |
| P/E (x) | 14.78 | 15.27 |
Omfurn India FPO Promoter Holding
| Pre Issue Share Holding | 73.40% |
| Post Issue Share Holding | 50.96% |
Omfurn India FPO Prospectus
Company Contact Information
| Omfurn India Limited 109, Gundecha Industrial Complex, Akrurali Road, Kandivali (East), Mumbai – 400101, Maharashtra, India Phone: +91-2242108900 Email: omfurn@omfurnindia.com Website: https://www.omfurnindia.com/ |
Omfurn India FPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Omfurn India FPO Lead Manager(s)
| 1. Gretex Corporate Services Limited |
Omfurn India FPO FAQs
| What is Omfurn India FPO? Omfurn India FPO is a SME FPO. The issue is priced at ₹71 – ₹75 per equity share. The FPO is to be listed on NSE SME. |
| When Omfurn India FPO will open? The FPO is to open on 20 March 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Omfurn India FPO? You can apply Omfurn India FPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Omfurn India FPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the FPO. You will see the FPO Name “Omfurn India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Omfurn India FPO through Edelweiss? Log in to Angle One Application with your credentials. Select the FPO. You will see the FPO Name “Omfurn India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Omfurn India FPO Size? Omfurn India FPO size is ₹27.00 crores. |
| What is Omfurn India FPO Price Band? Omfurn India FPO Price Band is ₹71 – ₹75. |
| What is Omfurn India FPO Minimum and Maximum Lot Size? The minimum bid is 2400 Shares with ₹1,80,000 amount while the maximum bid is 2400 shares with ₹1,80,000. |
| What is the Omfurn India FPO Allotment Date? Omfurn India FPO allotment date is 26 March 2024. |
| What is the Omfurn India FPO Listing Date? Omfurn India FPO listing date is 28 March 2024. The FPO is to list on NSE SME. |
