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Omfurn India IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Furniture sector. Gretex Corporate Services is the merchant banker of Omfurn India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th December 2023.
Omfurn India IPO open date is 20th March 2024 and close date is 22nd March 2024. IPO Allotment Date is 26th March 2024 and Listing date is 28th March 2024.Omfurn India IPO size is Rs 27.00 Cr. crores with IPO price of Rs 75.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Omfurn India IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for Omfurn India IPO.
Omfurn India IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Saint Capital Fund | 400,800.00 | ₹75.00 | ₹30,060,000.00 |
| Augmenta Value Trust | 134,400.00 | ₹75.00 | ₹10,080,000.00 |
Omfurn India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Omfurn India IPO, based in Mumbai, operates in the Furniture sector with a focus on manufacturer and supplier of Pre-Finished Wooden Doors and Modular Furniture in India. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Omfurn India IPO size is ₹ 27.00 Cr. Crores with fresh issue size of Rs 27.00 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Omfurn India IPO is expected to be 26th March 2024, after the finalization of basis of allotment. Investors can check Omfurn India IPO allotment status on the registrars website, Bigshare Services Private Limited. Omfurn India IPO refund dates are 27th March 2024.
Omfurn India IPO is expected to be listed on 28th March 2024.
The upper price band for the Omfurn India IPO is set at ₹ 75.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Omfurn India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Omfurn India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd March 2024. After submission, funds are blocked until the basis of allotment of Omfurn India IPO is finalised.
The merchant banker for Omfurn India IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Omfurn India IPO RHP for further details.
The registrar for Omfurn India IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Omfurn India IPO through their official website or helpline.
Omfurn India IPO was subscribed 3.57 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 27.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.70 Cr.
Sector: Furniture
SME IPO so far:
23
Merchant Banker:
Gretex Corporate
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 88.36 cr.
PE
Ratio:
15.27x
Average Sector PE Ratio: 17.68x
Omfurn India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Omfurn India Financial Review Page
Merchant Banker(s) of Omfurn India IPO: Gretex Corporate Services Limited
Omfurn India IPO subscription was 3.57 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Omfurn India IPO listed at a listing price of 76.60 against the offer price of 75.00.
The current market price of Omfurn India is 104.00.
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