Small-Cap Stock Rises Over 3.5% After ₹3,888.07 Lakh Order Win, Up 20% in One Month
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Order book crosses ₹170 crore! Omfurn India shares climbed over 3.5 per cent after the company secured fresh orders worth ₹38.88 crore from Oberoi Realty and its subsidiary.
✨ Key Takeaways
Omfurn India Ltd shares gained more than 3.5 per cent during Intraday trade on Wednesday, August 5, after the company announced that it had secured fresh orders worth ₹38.88 crore. The stock has also rallied around 20 per cent over the past one month.
Company Secures Orders from Oberoi Realty Group
In an exchange filing, the company said it has received orders from Oberoi Realty Ltd and its wholly owned subsidiary, Incline Realty Private Ltd, for the supply, installation and commissioning of pre-finished wooden doors, frames and related hardware.
₹38.88 Crore Order Win
The total value of the orders stands at ₹3,888.07 lakh (₹38.88 crore), excluding Taxes, and they are scheduled to be executed by December 31, 2026.
The orders include:
- Oberoi Elysian Tower A: ₹10.52 crore
- Oberoi Elysian Tower B: ₹10.65 crore
- Oberoi Skycity Tower F: ₹8.57 crore
- Oberoi Skycity Tower G: ₹9.14 crore
Order Book Crosses ₹170 Crore
Following these order wins, Omfurn India said its unexecuted order book has increased to more than ₹170 crore as of July 31, 2026. The company expects these orders to be executed over the next 24 months.
The company also clarified that the contracts are domestic in nature, are not related-party transactions, and neither the promoters nor promoter group entities have any interest in the customers awarding the contracts.
About Omfurn India Ltd
Incorporated in 1997, Omfurn India Ltd manufactures and assembles modular furniture for offices, schools, hotels and residential projects. Its product portfolio includes modular furniture, wooden doors, frames, tables, drawers and workstations, which are marketed under the OMFURN brand.
The company operates a manufacturing facility at Umbergaon, Gujarat, while its registered office is located in Mumbai.
Disclaimer: The article is for informational purposes only and not investment advice.