| IPO Listing At | NSE SME |
| SME FPO Issue Type | Book Build Issue |
| Total Issue Size | ₹27.00 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹27.00 Cr |
| Fresh Issue | ₹25.65 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน71.00-75.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | OMFURN |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Gretex Corporate Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,400 shares and in multiples thereof
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.
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.
As of November 30, 2023, the company had 221 employees, consisting of administrative staff, skilled workers, semi-skilled and unskilled employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards installation of plant & machinery in our existing premises along with required civil, electric and fabrication work | 11.75 |
| 2 | Repayment/prepayment, in full or part, of certain borrowings availed of by our Company | 1.25 |
| 3 | Funding to meet working capital requirements | 7.50 |
| 4 | General corporate purposes | 2.60 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 68.26 | 57.17 | 47.66 | 46.65 |
| Total Income | 44.75 | 71.08 | 32.30 | 21.85 |
| Profit After Tax | 2.89 | 4.15 | 0.60 | -0.99 |
| NET Worth | 28.63 | 25.74 | 21.59 | 20.99 |
| Reserves and Surplus | 21.82 | 18.93 | 14.78 | 14.18 |
| Total Borrowing | 18.90 | 11.38 | 15.95 | 15.86 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 10.10% |
| ROCE | 10.28% |
| RoNW | 10.10% |
| PAT Margin | 7.00% |
| Price to Book Value | 2.14 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.08 | 4.91 |
| P/E (x) | 14.78 | 15.27 |
| Promoter Holding | 73.40% | 50.96% |
| Market Cap | โน88.31 Cr. | |