Omfurn India Limited
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Omfurn India Limited manufacture premium quality commercial furniture for its customers. In addition to the wide range of stock products, they also design, manufacture and install custom furniture tailored to specific needs. Company has undertaken various projects across sectors, ranging from Hotels, Residential, Offices, Shopping Malls, Hospital, IT Parks, and International Schools etc. Company’s manufacturing unit is situated in Umbergaon, Gujarat, which is equipped with latest woodworking CNC machines from Italy and Germany.
Date of establishment: Omfurn India Limited was incorporated in 1997
Product & Service Offering: They manufacture and supply modular furniture that includes hotel furniture, office furniture, school furniture, wooden shutter doors & door frames in terms of customized, system based or Turnkey project’s throughout India.
Promoters of Omfurn India ltd.: Mr. Rajendra Chitbahal Vishwakarmaand Mr. MahendraChitbahal Vishwakarma are the promoters of Omfurn India Limited.
Customer segment: Their major clients include Reliance Industries LtdLarsen & Toubro Infotech Ltd, Pfizer Ltd, L & T Realty Ltd, Omkar Realtors Developers, Lodha Group, Kalpataru Group, Oberoi Realty etc.
Objects of the Issue: The objects of the Offer is to:-
- To Finance expansion Project
- To Finance General corporate expense
- To Finance issue expenses
Company Financials:
Omfurn India's financial performance (in INR crore) |
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FY2013 |
FY2014 |
FY2015 |
FY2016 |
FY2017 |
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Total Assets |
|
23.36 |
24 |
26.41 |
30.29 |
30.22 |
Total revenue |
22.5 |
19.8 |
38.7 |
43.9 |
28.2 |
|
Total expenses |
21.5 |
18.6 |
36.7 |
41.0 |
25.8 |
|
Profit after tax |
0.6 |
0.8 |
1.3 |
1.9 |
1.6 |