Basis of Allotment

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(This is only an advertisement for information purpose and not a Prospectus announcement.)

OMFURN INDIA LIMITED
Corporate Identification Number: U20200MH1997PLC111887

Our Company was incorporated as Om Vishwakarma Furniture Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated November 13,1997 in Mumbai. Subsequently, the name of our Company was changed to Omfurn India Private Limited vide shareholder's approval on April 03, 2013 and fresh certificate of incorporation dated April 21, 2013. Subsequently, the name of our Company was changed to Omfurn India Limited pursuant to conversion into a public company vide Shareholders' approval on May 30, 2017 and fresh certificate of incorporation dated June 15, 2017. The Corporate Identification Number of Our Company is U20200MH1997PLC111887. For further details please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 126 of the Prospectus.

Registered Office: 109, Gundecha Industrial Complex, Akrurali Road, Kandivali (East), Mumbai -400101, Maharashtra, India.
Tel No: (022) 42108900 | Fax No: (022)42108999 | E-mail: omfurn@omfurnindia.com | Website: www.omfurnindia.com
Contact Person: Mr. Rajendra Chitbahal Vishwakarma, Managing Director

PROMOTERS OF THE COMPANY: MR. RAJENDRA CHITBAHAL VISHWAKARMA AND MR. MAHENDRA CHITBAHAL VISHWAKARMA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 18,12,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF OMFURN INDIA LIMITED ("OMFURN" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS 23 PER EQUITY SHARE (THE "ISSUE PRICE") (INCLUDING A SHARE PREMIUM OF RS 13 PER EQUITY SHARE AGGREGATING RS 416.76 LAKHS (THE "ISSUE") BY OUR COMPANY, OF WHICH 96,000 EQUITY SHARES OF FACE VALUE RS 10 EACH FULLY PAID UP WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 17,16,000 EQUITY SHARES OF FACE VALUE RS 10 EACHFULLY PAID UP IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.60% AND 25.19% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO "SECTION VII - ISSUE INFORMATION" BEGINNING ON PAGE 218 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH.
THE ISSUE PRICE IS RS 23. THE ISSUE PRICE IS 2.30 TIMES THE FACE VALUE.
ISSUE OPENED ON: SEPTEMBER 29, 2017 • ISSUE CLOSED ON: OCTOBER 05, 2017
PROPOSED LISTING: FRIDAY, OCTOBER 13, 2017*

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ("NSE"). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time. The Company has received an in-principle approval letter dated September 19, 2017 from NSE for using its name in the offer document for listing of its shares on NSE Emerge Platform.
For the purpose of this Issue, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced with effect from Friday, October 13, 2017.*

* Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited.

All Applicants participated in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs").

SUBSCRIPTION DETAILS

The Issue has received 255 applications for 2406000 Equity Shares resulting in 1.33 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections) are as follows:
Details of the Applications Received (Before Technical Rejection):

Category No. of Applicants % No. of Equity Shares % Subscription (Times)
Market Maker 1 0.39% 96000 3.99% 1.00
Retail Individual Investors 244 95.69% 1464000 60.85% 1.71
Other than Retail Individual Investors 10 3.92% 846000 35.16% 0.99
TOTAL 255 100.00 2406000 100.00 1.33

The details of applications rejected by the Registrar on technical grounds are detailed below: (Technical rejection)

Category No. of
Applications
No. of
Equity Shares
Market Maker Nil Nil
Retail Individual Investors 3 18000
Other than Retail Individual Investors Nil Nil
TOTAL 3 18000

After eliminating technically rejected applications, the following tables give us Category wise net valid applications:

Category No. Of
Applications
% Issue Size
(as per Prospectus)
Proportionate Issue Size
(After rounding off)
No. of Valid
Shares applied
Subscription
(Times)
Market Maker 1 0.40% 96000 96000 96000 1.00
Retail* Individual Investors 241 95.63% 858000 1086000 1446000 1.33
Other than Retail Individual Investors 10 3.97% 858000 630000 846000 1.34
TOTAL 252 100.00 1812000 1812000 2388000 1.32

"As per regulation 43(4) of SEBI (ICDR) retail Individual Investor category is entitled to more than fifty percent on proportionate basis, the retail individual investors shall be allocated that higher percentage

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on October 10, 2017.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 23 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 96,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 23 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.33 times. The total number of shares allotted in this category is 1086000 Equity Shares to 181 successful applicants.

The Category-wise details of the Basis of Allotment are as under:

No. Of
Shares
Applied for
(Category
wise)
No. Of
Applications
received
% to
Total
Total No. of
Equity Shares
applied
in each
Category
% to
Total
Proportinate
Shares
Available*
Allocation
per Applicant
(Before
Rounding Off)
Allocation
per Applicant
(After
Rounding Off)
Ratio of
Allottees
to Applicants:
Ratio 1
Ratio of
Allottees
to Applicants:
Ratio 2
Number of
Successful
applicant
(after
rounding off)
Total No.
of Shares
allocated/
allotted*
No. of
Shares
Surplus/
Deficit
6000 241 100.00 1446000 100.00 1086000 4506.22 6000.00 181 241 181 1086000 0
TOTAL 241 100.00 1446000 100.00 1086000 181 1086000 0

C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs 23 per Equity Share, was finalized in consultation with NSE. The category was subscribed 1.34 times. The total number of shares allotted in this category is 630000 Equity Shares to 10 successful applicants.

The Category-wise details of the Basis of Allotment are as under:

No. Of
Shares
Applied for (Category
wise)
No. Of
Applications
received
% to Total Total No. Of
Equity
Shares
applied
in each
Category
% to Total Proportionate
Shares
Available
Allocation per
Applicant
(Before Rounding
Off)
Allocation per
Applicant
(After Rounding
Off)
Ratio of
Allottees to Applicants:
Ratio 1
Ratio of
Allottees to
Applicants: Ratio 2
Number of
Successful
applicant
(after
rounding off)
Total No.
of Shares
allocated/
allotted
No. Of
Shares
Surplus/ Deficit
12000 1 10.00 12000 1.42 8936 8936.17 6000 1 1 1 6000 -2936
42000 1 10.00 42000 4.96 31277 31276.60 30000 1 1 1 30000 -1277
48000 1 10.00 48000 5.67 35745 35744.68 36000 1 1 1 36000 255
66000 3 30.00 198000 23.40 147447 49148.94 48000 1 1 3 144000 -3447
72000 1 10.00 72000 8.51 53617 53617.02 54000 1 1 1 54000 383
150000 2 20.00 300000 35.46 223404 111702.13 114000 1 1 2 228000 4596
174000 1 10.00 174000 20.57 129574 129574.47 132000 1 1 1 132000 2426
TOTAL 10 100.00 846000 100.00 630000 10 630000 0

The Board of Directors of the Company at its meeting held on October 10, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants. The CAN and allotment advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories on or before October 12, 2017. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to October 12, 2017. In case the same is not received within four working days, investors may contact Registrar at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on NSE Emerge Platform within six working days from the date of the closure of the Issue.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated September 25, 2017 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, BIGSHARE SERVICES PRIVATE LIMITED at www.bigshareonline. com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

BIGSHARE SERVICES PRIVATE LIMITED
Bharat Tin Works Bldg, 1 st Floor, Opp. Vasant Oasis Makwana Road, Marol, (Andheri East), Mumbai-4000059.
Tel: +91 22 62638200 | Fax: +91 22 62638299 | E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com | Contact Person: Mr. Ashok Shetty | SEBI Registration No.: INR000001385

Place: Mumbai
Date: October 11,2017
For OMFURN INDIA LIMITED
On behalf of the Board of Directors
Sd/-
Managing Director

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF THE OMFURN INDIA LIMITED.

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