Omfurn India IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 858,000 (47%) | — | ₹197 Cr |
| Retail | — | 858,000 (47%) | — | ₹197 Cr |
| Market Maker | — | 96,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 1,812,000 (100%) | — | ₹4,168 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹138,000 |
| Retail (Max) | 13 | 78,000 | ₹1,794,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,932,000 |
| B-HNI (Min) | 67 | 402,000 | ₹9,246,000 |
Financial Statements Amount in Lacs
| Metric | 31.03.2017 | 31.03.2016 | 31.03.15 |
|---|---|---|---|
| Revenue | 2,723 | 4,315 | 3,832 |
| Profit After Tax | 161 | 187 | 131 |
| Net Worth | 1,568 | 1,407 | 1,219 |
| Total Assets | 3,023 | 3,029 | 2,641 |
| Reserves & Surplus | 1,068 | 1,357 | 1,169 |
| Total Borrowing | 70,882 | 70,882 | 70,882 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Expansion Project – 2.50
- General Corporate Purposes – 1.04
- Issue Expenses – 0.63
Company Overview
Incorporated in 1997, Omfurn India Limited produces and sells commercial furniture in India. The company offers hotel furniture, office furniture, school furniture, wooden shutter doors, and door frames.
They also designs, manufactures and installs custom furniture and designs and executes turnkey interiors projects of hotels, residential, offices, shopping malls, hospitals, IT parks, international schools, pre-finished doors, and fire rated doors.
Company's manufacturing unit is situated in Umbergaon, Gujarat, having constructed area of appx. 80,000 sq. ft. This unit is equipped with latest woodworking CNC machines from Italy, Germany, Turkey & Austria of the leading international brands.