Omfurn India Limited

Omfurn India(FPO) IPO

Omfurn India Limited

₹1,70,400 /2400 sharesMinimum investment

IPO details

Minimum investment
₹1,70,400
Price range
₹71 - ₹75
Lot size
2,400
Issue size
27 Cr
Face value
10
IPO document

Subscription rate

Data will be available soon

Schedule

20 Mar 2024
IPO open date
22 Mar 2024
IPO close date
26 Mar 2024
Allotment date
26 Mar 2024
Funds unblock or debit
28 Mar 2024
Tentative listing date

About

Omfurn India Limited is manufacturer and supplier of Pre-Finished Wooden Doors and Modular Furniture in India. The Company has been in business since November 13, 1997, which gives us a quarter-century of experience in this industry. Since then, it has been reaching remarkable milestones in creation and innovation. The Company creates 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, got listed in NSE the year 2017.;
Founded in
1997
MD/CEO
Mr. Rajendra Chitbahal Vishwakarm
Parent organisation
Omfurn India Limited

Omfurn India(FPO) Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
20.4530.8470.23202120222023

Strengths & Risks

Strengths
Risks
Experienced Management and Motivated Team.
Skilled and dedicated manpower.
Range of Product Offerings.
Compliance with Quality Standards.
Substantial portion of its revenues come from the manufacturing of doors.
The company proposes to enter into new products viz. metal doors to be supplied to the construction and hotel industry. Its may fail to generate new clients for these products and sell in these industries due to competition and other commercial factors.
The Company has not entered into any long-term agreements with its customers for purchasing our products. The company is subject to uncertainties in demand and there is no assurance that its customers will continue to purchase the company products. This could impact the business and financial performance of the Company.
Its Showroom/ Registered Office and Godown are located on leased and licensed premises and consequently, its required to comply with certain requirements given under lease and license agreements.

Application details

For Omfurn India(FPO) IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹71 - ₹75₹2 - ₹5 Lakhs2400
High Networth Individual₹71 - ₹75₹2 - ₹5 Lakhs2400

Frequently Asked Questions