Om Freight Forwarders Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹128 - ₹135
- Lot size
- 111 shares
- Issue amount
- ₹122.31 cr
- Total subscription
- 3.88×
- Opens
- 29 Sept 2025
- Closes
- 3 Oct 2025
- Allotment
- 6 Oct 2025
- Listing
- 8 Oct 2025
Offer at a glance
Issue overview
- Issue size
- 90,60,074 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,208
- Fresh issue
- ₹24.44 cr
- Offer for sale
- ₹97.88 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,985
- Issue type
- Bookbuilding IPO
- Shares before issue
- 3,18,65,400
- Shares after issue
- 3,36,75,474
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 111 | ₹14,985 |
| sHNI | 14 | 1,554 | ₹2,09,790 |
| bHNI | 67 | 7,437 | ₹10,03,995 |
Share reservation
Subscription & GMP
Subscription by category
Reported 3 Oct 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 27,149 | 95,565 |
| EMPLOYEES | 0 | 1,534 |
| HNIs(10L +) | 554 | 960 |
| HNIs (2-10L) | 277 | 1,554 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 42.22 | 71.91 |
| FIIs | 0 | 20 |
| Others | 0 | 51.91 |
| RETAIL | 40.68 | 161.72 |
| HNIs 2+ | 5.81 | 61.99 |
| HNIs 10+ | 11.62 | 114.13 |
| EMPLOYEES | 6.08 | 3.44 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 6.9 | 3.25 | 8.52 |
| ROE | 13.53 | 7.11 | 21.63 |
| ROCE | 15.8 | 9.72 | 35.46 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 19.56 | 0 | 0 |
| POST IPO(PE) | 20.67 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Tiger logistics (India) limited | 19.72 | 50.48 | 1.00 | 13.08 | 19.53 | 2.56 |
| Om Freight Forwarders Limited | NA | NA | 10.00 | 54.44 | 12.68 | 6.9 |
| Total Transport Systems Limited | 13.32 | 73.8 | 10.00 | 51.76 | 10.56 | 5.54 |
| AVG Logistics Limited | 16.15 | 242.43 | 10.00 | 163.76 | 8.65 | 15.01 |
| Patel Integrated Logistics Limited | 13.33 | 15.06 | 10.00 | 17.48 | 6.25 | 1.13 |
Company information
Company profile
Om Freight Forwarders Limited, incorporated in June 1995 and based in Mumbai, is a third-generation logistics company with over 40 years of expertise, serving more than 700 locations across five continents. The company is ISO certified and a member of leading industry bodies like IATA, FIATA, WCA, GLPN, FFI, and MTO. It offers a wide range of services, including international freight forwarding, customs clearance, project and charter services, domestic transportation, warehousing, distribution, and material handling, along with value-added solutions like bonded trucking, cross-trade, and post-shipment activities. In FY 2025, it handled 66.86 million metric tons of cargo, operating through 28 branches in India and partnerships that extend its reach to over 800 global destinations. With a fleet of 135 commercial vehicles and equipment, supported by 22 logistics partners, the company leverages technology for paper-free documentation, GPS tracking, and real-time shipment monitoring to deliver efficient and reliable logistics solutions.
Strengths
- End-to-End Logistics Services: The company offers complete logistics solutions, including transportation, warehousing, in-factory logistics, international freight, and value-added services, helping clients save time and costs.
- Strong Track Record of Service Quality: Operating since 1995, the company has delivered reliable logistics across regions, supported by ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications.
- Well-Equipped Fleet and Skilled Team: With cranes, trailers, forklifts, vessels, and 99 trained operators, the company ensures smooth operations, minimal downtime, and dependable service.
Risk factors
- Dependence on Major Customers: A significant share of revenue comes from the top ten customers, with one contributing over 12%. Losing them or a drop in their orders could affect financial performance.
- Sensitivity to Trade Volumes and Freight Rates: The company’s results rely on global and Indian trade activity and freight rates, which are influenced by economic and political conditions beyond its control.
- Industry-Specific Demand Risks: Revenue is focused on certain industries, so downturns or reduced demand in these sectors could impact growth, operations, and cash flows.
Promoters
Rahul Jagannath Joshi
Jitendra Maganlal Joshi
Harmesh Rahul Joshi
Kamesh Rahul Joshi
Registrar & documents
Lead manager
Smart Horizon Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
101, Jayant Apts ‘A’ Wing, Opp, Sahar Cargo Complex, Sahar, Andheri East Mumbai, Maharashtra, 400099
022 -680 99 999
[email protected]Company website ↗Understanding OMFREIGHT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.