Omfurn India FPO and Chatha Foods IPO: GMP, price, allotment

Chatha Foods IPO, also a book built issue of Rs 34 is entirely a fresh issue of 59.62 lakh shares. It opened for subscription on March 19 and the offer will end on March 21.

Chatha Foods IPO price, allotment

Chatha Foods IPO is entirely a fresh issue of 59.62 lakh shares. The Chatha Foods IPO allotment is expected to take place on March 26. It will list on BSE SME with a tentative listing date on March 27. Chatha Foods IPO raised Rs 9.51 crore from anchor investors.

Chatha Foods IPO price band is set at Rs 53 to Rs 56 per share. A retail investor has to bid for a minimum lot size of 2000 shares. The minimum lot size investment for HNI is 4,000 shares.

Chatha Foods IPO GMP

Reports said that the shares of Chatha Foods IPO is trading at a premium of Rs 8 in the grey market premium (GMP). As per the current GMP, the shares are expected to be at a premium of Rs 64.

Omfurn India FPO price, allotment

Omfurn India FPO price band is fixed at the range of Rs 71 to Rs 75 per share. A retail investor is required to bid for a minimum lot size of 2400 shares; minimum lot size investment for HNI is 4,800 shares. Omfurn India FPO raised Rs 4.01 crore from anchor investors.

Omfurn India FPO is expected to be allotted on March 26 and the initiation of refunds process is expected to be started on March 27. The shares will be credited to the demat accounts of eligible shareholders on 27th March. The shares will be listed on NSE SME with a tentative date March 28.

Omfurn India is a manufacturer and supplier of pre-finished wooden doors and modular furniture in India and offers a wide range of wooden doors and furniture for modular kitchens, wardrobes, vanities and modern office furniture.

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