Omfurn India Limited
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The public market debut of Omfurn India Limited's was completed on Mar 28, 2024 with its listing on the NSE exchange. The IPO process raised 36,00,000 Shares in total capital, consisting of 36,00,000 Shares in new equity.
The offering featured a price range of ₹71 to ₹75 and minimum application size of 2400 shares. Investor response during the subscription period from Mar 20, 2024 to Mar 22, 2024 influenced the final allotment ratios across investor categories.
Final allotment was announced on Mar 26, 2024, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Omfurn India Limited, established in 1997, is a leading manufacturer and supplier of Pre-Finished Wooden Doors and Modular Furniture, catering to diverse sectors including residential, commercial, and institutional spaces. Its extensive product portfolio encompasses wooden doors, modular kitchen setups, wardrobes, vanities, and modern office furniture, alongside custom-designed solutions and turnkey interior projects for hotels, malls, hospitals, IT parks, and international schools. The company’s listing on the NSE SME in 2017 highlights its industry credibility and growth trajectory. With a state-of-the-art manufacturing facility spanning 1,61,460 square feet in Umbergaon, Omfurn India Limited ensures superior quality, efficient production, and customer satisfaction, reinforcing its competitive edge in the market.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced Management and Motivated Team: and the leadership’s deep industry knowledge, combined with a motivated workforce, supports strong decision-making, effective planning, and quick adaptability to market changes.
- Skilled and Dedicated Manpower: and the presence of highly skilled and committed employees ensures high productivity, operational efficiency, and consistent innovation across the company.
- Compliance with Quality Standards: and the company’s strict adherence to industry quality requirements helps deliver reliable products, strengthening customer trust, satisfaction, and long-term loyalty.
- Lack of Long-Term Agreements with Customers: and the absence of fixed purchase contracts creates uncertainty in demand, increasing the risk of customers shifting to alternative suppliers or reducing orders, which can impact revenue and profitability.
- Leased and Licensed Premises: and operating from leased or licensed locations exposes the company to compliance risks, where any breach of agreement terms may lead to legal issues, operational disruptions, or even loss of premises.
- Delays in Payment of Statutory Dues: and past delays in paying GST, EPF, and other statutory dues increase regulatory risks, potential penalties, and financial strain, which could hurt the company’s credibility and overall business operations.
- Mr. Rajendra Chitbahal Vishwakarma
- Mr. Mahendra Chitbahal Vishwakarma
- Mr. Narendra Chitbahal Vishwakarma
- Mr. Prashant Rajendra Vishwakarma
- Mr. Parmanand Mahendra Vishwakarma
Omfurn India Limited
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