
Emerging SME Services · NSE
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.
Price Band
₹71 – ₹75
Issue Size
₹27.00 Cr
Lot Size
2400 shares
GMP
Est. Listing
₹75
at current GMP
Subscribed
3.64x
overall
Open
20 Mar 2024
Close
22 Mar 2024
Allotment
26 Mar 2024
Refund
27 Mar 2024
Demat Credit
28 Mar 2024
Listing
28 Mar 2024
Overall Subscription
3.64x
Total Demand
QIB Multiplier
1.00x
Institutions & Funds
NII / HNI
3.37x
High Net-Worth
Retail (RII)
6.33x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,173,600 | 1,178,400 | 1.00x |
| NIB | 513,600 | 1,732,800 | 3.37x |
| RETAIL | 1,197,600 | 7,579,200 | 6.33x |
| Total | 2,884,800 | 10,490,400 | 3.64x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 525 | 3,323 | 6.33x |
| HNIs (10L +) | 3 | 10 | 3.37x |
| HNIs (2-10L) | 16 | 54 | 3.37x |
| Total Applications | 544 | 3,387 | 6.23x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Omfurn India Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹27 Crores. The shares are offered at a price band of ₹71 to ₹75 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-03-22, the basis of allotment is scheduled to be finalized on 2024-03-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Currently, Omfurn India Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹71 to ₹75 per equity share.
The retail lot size is 2400 shares requiring a minimum application amount of ₹1,80,000. Expected listing price is ₹75 per equity share.
The Omfurn India Limited IPO aggregate issue size is ₹27 Crores with an equity price band set at ₹71 to ₹75 per equity share. The retail lot size is 2400 shares requiring a minimum capital outlay of approx. ₹1,80,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.64x (Retail: 6.33x, QIB: 1.00x, NII: 3.37x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-03-26. Investors can verify status using PAN card or application number.
Omfurn India Limited shares are scheduled to list on NSE on 2024-03-28.