Omfurn India FPO IPO Subscription Status, Rate

Omfurn India FPO IPO Subscription Status, Rate
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Omfurn India FPO IPO is Open on March 20, 2024 and Close on March 22, 2024. Omfurn India FPO IPO to Raise Fund Approx ₹27 Crores via IPO. The Fresh Issue of ₹27 crores.

  • The Retail Quota is 35%
  • QIB is 50%
  • NII is 15%.

Omfurn India FPO IPO is an SME IPO and Listed on NSE SME. Omfurn India FPO Price Band is Fixed at ₹71 to ₹75 per ₹10 Equity Share. Omfurn India FPO IPO Lot Size is 2400 Shares.

About Omfurn India FPO :

Omfurn India FPO was established in 1997 with a mission to provide premium quality commercial furniture to its customers. We set up our manufacturing unit in the year 2005. With manufacturing facility hosting sophisticated machinery and recent technology, we are well equipped to supply quality commercial furniture. From a single coffee table to a fully integrated fit out over a number of floors,our Company has the expertise to exceed customer’s expectations.Fusing style and function, Omfurn produces innovative and operational commercial furniture solutions for all work and commercial environments.

Omfurn India FPO manufacture and supply modular furniture which broadly includes hotel furniture, office furniture, school furniture, wooden shutter doors&door frames in terms of customized, system based or Turnkey project’s throughout India. Our Company has registered office situated at 109, Gundecha Industrial Complex, Akrurali Road, Kandivali East, Mumbai – 40010, Maharashtra.

Omfurn India FPO 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. Metal working section at the Umbergaon unit comprises of component manufacturing fabrication, pretreatment & Power Coating .Also at Umbergaon unit we have recently installed a finishing line which has a Wide Belt Sander machine from Germany and a Kleen Spray Booth from Cefla, ltaly for Sanding and Polishing of Laquer/Veneer based products particularly to cater to hotel industries as well as growing industries of corporate world.

Omfurn India FPO IPO Subscription Status day-by-day-

Categories 20 Mar 21 Mar 22 Mar
QIB 0.00 1.00 1.00
NII 0.43 0.32 3.02
RII 0.76 2.81 6.33
Total 0.39 1.63 3.57

Omfurn India FPO IPO Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

Omfurn India FPO IPO Review From MoneyMintIdea –

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