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Omfurn India FPO bidding ends in few hours: Check subscription status, other key details
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₹71 to ₹75 per equity share. The floor price is 7.1 times of the face value and cap is 7.5 times of the face value of the equity shares.
Investors can bid for a minimum of 2,400 equity shares. The FPO has allocated 50% of the net issue for the qualified institutional buyers (QIBs), the retail investors have been reserved 35% of the issue, and non-institutional investors (NIIs) have been allocated 15% of the issue.
Up to 1,80,000 equity shares or 5% of the issue has been reserved for the market maker. Companies that have made enough funds by initially releasing their shares in initial public offerings (IPOs) may issue further shares through follow-on offerings (FPOs).
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