IPO Issue Details
Issue Price / Price Band₹23 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size18,12,000 shares (aggregating up to ₹4.17 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 29 Sep 2017
Subscription CloseThu, 05 Oct 2017
Anchor AllotmentThu, 28 Sep 2017
Basis of AllotmentWed, 11 Oct 2017
Initiation of RefundsThu, 12 Oct 2017
Credit of Shares to DematThu, 12 Oct 2017
Listing DateFri, 13 Oct 2017
UPI Mandate Deadline2017-10-05
Application & Investment Details
Retail — Min (1 Lots)₹1,38,000 — 6,000 shares
Retail — Max (13 Lots)₹1,794,000 (13 Lots)
HNI — Min (2 Lots)₹2,76,000 — 12,000 shares
Net Offer to Public17,16,000 shares (aggregating up to ₹3.95 Cr)
Reserved for Market Maker96,000 shares (aggregating up to ₹0.2208 Cr)
Pre-IPO Promoter Holding50,00,000 shares
Post-IPO Promoter Holding68,12,000 shares
About Omfurn India
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.
Objects of the Issue
Omfurn India proposes to utilise the net proceeds from the Issue for the following objects:
2
General Corporate Purposes
1.04
Shareholding & Lock-in
Pre-IPO Promoter Holding
50,00,000 shares
Post-IPO Promoter Holding
68,12,000 shares