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    IPO Note | Closed

    Omfurn India Ltd IPO

    01-Jan-1900

    Minimum Investment

    1,80,000

    Retail Investor can invest upto Rs 0 in IPO
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    Retail Discount

    %
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    Open Date

    20-Mar-24
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    Close Date

    22-Mar-24
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    Application Timing

    IPO Details

    • Min Order Quantity
      2400
    • Price Range
      75-0
    • Issue Size
      27
    • Face Value
      10
    • Listing at
      NSE - SME
    • IPO Doc
      DRHP PDFpdf - img

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    Lead Manager


    Gretex Corporate Services Ltd

    About Company

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      Registered Office
      109 Gundecha Indl. Complex,Akrurali Road Kandivali (East),
      Mumbai,400101,Maharashtra
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      Managing Director

    IPO Schedule

    Offer Start

    20-Mar-24

    Offer End

    22-Mar-24

    Allotment Finalization

    NA

    Refund initiation

    NA

    Demat transfer

    NA

    Listing

    NA

    Key Objective

    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.

    Financial Snapshot ()

    Financial Year Ended Revenue ( Crores) PAT ( Crores) EPS ()
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    Step 1

    Go to IPO Online page

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    Step 2

    Login using your “client code” or PAN and mobile number by verifying OTP.

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    Step 3

    Click on “Apply IPO” to enter your bid quantity and UPI id.

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    Step 4

    Go to your UPI application and approve the payment request.

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