Naman In-Store (India) IPO vs Omfurn India FPO

Comparision between Naman In-Store (India) IPO and Omfurn India FPO.

IPO Details

Naman In-Store (India) IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Omfurn India FPO is a SME Book Built Issue proposed to list at NSE SME.

	Naman In-Store (India) IPO	Omfurn India FPO
Logo
Issue Category	SME	SME
Issue Type	IPO	FPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Gretex Corporate Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Naman In-Store (India) IPO is up to ₹25.35 Cr whereas the issue size of the Omfurn India FPO is up to ₹27.00 Cr. The final issue price of Naman In-Store (India) IPO is ₹89.00 per share and of Omfurn India FPO is ₹75.00 per share.

	Naman In-Store (India) IPO	Omfurn India FPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹84.00 per share	₹71.00 per share
Issue Price (Upper)	₹89.00 per share	₹75.00 per share
Issue Price (Final)	₹89.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2400 shares
Fresh Issue Size	28,48,000 shares	36,00,000 shares
Fresh Issue Size (Amount)	up to ₹25.35 Cr	up to ₹27.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,48,000 shares	36,00,000 shares
Issue Size Total (Amount)	up to ₹25.35 Cr	up to ₹27.00 Cr

IPO Timetable

Naman In-Store (India) IPO opens on Mar 22, 2024, while Omfurn India FPO opens on Mar 20, 2024. The closing date of Naman In-Store (India) IPO and Omfurn India FPO is Mar 27, 2024, and Mar 22, 2024, respectively.

	Naman In-Store (India) IPO	Omfurn India FPO
Anchor Bid Date	Mar 21, 2024	Mar 19, 2024
Issue Open	Mar 22, 2024	Mar 20, 2024
Issue Close	Mar 27, 2024	Mar 22, 2024
Basis Of Allotment (Tentative)	Mar 28, 2024	Mar 26, 2024
Initiation of Refunds (Tentative)	Apr 01, 2024	Mar 27, 2024
Credit of Share (Tentative)	Apr 01, 2024	Mar 27, 2024
Listing date (Tentative)	Apr 02, 2024	Mar 28, 2024
Anchor Lockin End date 1	Apr 27, 2024	Apr 25, 2024
Anchor Lockin End date 2	Jun 26, 2024	Jun 24, 2024

Financials

Naman In-Store (India) IPO P/E ratio is 17.95, as compared to Omfurn India FPO P/E ratio of 14.78.

Naman In-Store (India) IPO

Omfurn India FPO

Financial

Naman In-Store (India) Limited Financial Information (Restated)

Naman In-Store (India) Limited's revenue increased by 193.48% and profit after tax (PAT) rose by 1696.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets		5,598.94	3,074.09	1,693.00
Revenue	7,929.71	14,993.50	5,108.94	1,341.28
Profit After Tax	618.89	381.71	21.25	5.08
Net Worth	1,203.48	584.59	202.88	131.64
Reserves and Surplus		488.94	53.48	41.64
Total Borrowing	3,166.06	2,944.09	1,883.91	1,023.91
Amount in ₹ Lakhs

Omfurn India Limited FPO Financial Information (Restated)

Omfurn India Limited FPO's revenue increased by 120.08% and profit after tax (PAT) rose by 593.65% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,825.97	5,716.59	4,766.30	4,665.35
Revenue	4,474.78	7,108.10	3,229.79	2,184.54
Profit After Tax	289.16	414.87	59.81	-99.41
Net Worth	2,862.95	2,573.79	2,158.92	2,099.11
Reserves and Surplus	2,181.75	1,892.59	1,477.72	1,417.91
Total Borrowing	1,890.41	1,138.10	1,595.16	1,585.99
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

73.40%

Promoter Shareholding (Post-Issue)

50.96%

P/E Ratio

17.95

14.78

Market Cap

₹93.88 Cr.

₹88.31 Cr.

ROE

69.22%%

10.10%%

ROCE

24.51%%

10.28%%

Debt/Equity

EPS

₹4.96

₹5.08

RoNW

51.42%%

10.10%%

Shares Offered

In the Naman In-Store (India) IPO retail investors (RII) are offered 9,47,200 shares while in Omfurn India FPO retail investors are offered 9,47,200 shares. Qualified institutional buyers (QIB) are offered 5,40,800 shares in Naman In-Store (India) IPO and 11,73,600 shares in Omfurn India FPO.

	Naman In-Store (India) IPO	Omfurn India FPO
Anchor Investor Reserveration	8,11,200 shares	5,35,200 shares
Market Maker Reserveration	1,42,400 shares	1,80,000 shares
QIB	5,40,800 shares	11,73,600 shares
NII	4,06,400 shares	5,13,600 shares
RII	9,47,200 shares	11,97,600 shares
Employee	0 shares	0 shares
Others
Total	18,94,400 shares	28,84,800 shares

Bids Received (Subscription)

Naman In-Store (India) IPO subscribed 309.03x in total, whereas Omfurn India FPO subscribed 3.57x.

	Naman In-Store (India) IPO	Omfurn India FPO
QIB (times)	109.75x	1.00x
NII (times)	528.12x	3.02x
Big NII (times)
Small NII (times)
RII (times)	328.80x	6.33x
Employee (times)
Other (times)
Total (times)	309.03x	3.57x

Compare with others

Naman In-Store (India) IPO	Omfurn India FPO
TAC Infosec IPO	Radiowalla IPO
Radiowalla IPO	Aspire & Innovative IPO
Aspire & Innovative IPO	Blue Pebble IPO
Blue Pebble IPO	Vruddhi Engineering Works IPO
Vruddhi Engineering Works IPO	Naman In-Store (India) IPO
Omfurn India FPO	Vishwas Agri Seeds IPO
Vishwas Agri Seeds IPO	Chatha Foods IPO
Chatha Foods IPO	Enser Communications IPO
Enser Communications IPO	Enfuse Solutions IPO
Enfuse Solutions IPO	KP Green Engineering IPO

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