IPO Synopsis
Omfurn India Ltd
  • Registered Office: 109 Gundecha Indl. Complex,Akrurali Road Kandivali (East), Mumbai - 400101, Maharashtra, India. Phone : 91-22-4210 8900   Fax:
  • Email : omfurn@omfurnindia.com
  • Website :www.omfurnindia.com
Further public issue of upto 36,00,000* equity shares of face value of Rs. 10/- each fully paid up of Omfurn India Limited ("Omfurn" or the "Company" or the "Issuer") for cash at a price of Rs. 75 per equity share (the "Issue Price") (including a share premium of Rs. 65 per equity share aggregating Rs. 27 crores ("The Issue"). The issue includes a reservation of of 1,80,000* equity shares aggregatting to Rs. 1.35 crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of upto 34,20,000* equity shares aggregatting to Rs. 25.65 crores (The "Net Issue)". The issue and the net issue will constitute 30.57% and 29.05% respectively of the post issue paid up equity share capital of the company. The Offer Price is Rs. 75 per equity share of face value of Rs. 10 each. The Offer price is 7.5 times of the face value. Bid can be made for a minimum of 2400 equity shares and in multiples of 2400 equity shares thereafter.
Issue
Opens On Closes On
20-Mar-24 22-Mar-24
Money Payable On
Application Allotment
75.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 2400
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Gretex Corporate Services Ltd
Project Financed through Current Offer (.Cr) 27.00  
Post Issue Equity Share Capital (.Cr) 11.77
Issue Price () 75.00
Projects
Funding capital expenditure towards installation or plant & machinery in its existing premises along with required civil electric and fabrication work
Repayment/prepayment in full or part of certain borrowings availed by the company
Funding working capital requirements of the company
General corporate purposes
Promoted By
Rajendra Chitbahal Vishwakarma
Mahendra Chitbahal Vishwakarma
Narendra Chitbahal Vishwakarma
Listing At
NSE - SME
Registrar to the Issue
No Data Available

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