How to invest in upcoming Omfurn India Ltd. IPO?

Author: Libord Brokerage Pvt. Ltd Posted on 19 Mar 2024 10:24:55Comments0

Category : ipo news

Omfurn India Ltd. has announced public offering of 3600000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 65.00 per share. The gross proceeds of the issue are expected to be Rs 2,700.00 lakhs.

The company's initial public offer (IPO) will open on 20 March 2024 and is expected to close on 22 March 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 71.00-75.00 per share.

The IPO includes a fresh Issue of 3600000 Equity Shares of the Company at an price of Rs 75.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2400 shares with bids in multiples of 2400.

Omfurn India Ltd. anticipates using the proceeds of the issue for .

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Gretex Corporate Services Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.

If the Omfurn India Ltd. is something that you’re looking to invest in come 20 March 2024, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

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How to invest in upcoming Omfurn India Ltd. IPO?