Om Freight Forwarders IPO Details

Bookbuilding IPO | ₹122 Cr | Listed at BSE, NSE | Mon, Sep 29, 2025 - Fri, Oct 3, 2025

Om Freight Forwarders IPO Logo

Om Freight Forwarders IPO is a book build issue of ₹122.31 crores. The issue is a combination of fresh issue of 0.18 crore shares aggregating to ₹24.44 crores and offer for sale of 0.73 crore shares aggregating to ₹97.88 crores.

Om Freight Forwarders IPO bidding started from Sep 29, 2025 and ended on Oct 3, 2025. The allotment for Om Freight Forwarders IPO was finalized on Oct 6, 2025. The shares got listed on BSE, NSE on Oct 8, 2025.

Om Freight Forwarders IPO price band is set at ₹135 per share. The lot size for an application is 111. The minimum amount of investment required by an retail is ₹14,985 (111 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,554 shares), amounting to ₹2,09,790, and for bNII, it is 67 lots (7,437 shares), amounting to ₹10,03,995.

Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.

Refer to Om Freight Forwarders IPO RHP for detailed Information.

IPO Open

Mon, Sep 29, 2025

IPO Close

Fri, Oct 3, 2025

Issue Price

₹135 per share

Market Cap (Pre-IPO)

₹454.62 Cr

IPO Details

IPO Date29 Sep to 3 Oct, 2025
Listed onWed, Oct 8, 2025
Face Value10 per share
Price Band₹128 to ₹135
Issue Price₹135 per share
Lot Size111 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size90,60,042 shares
(agg. up to ₹122 Cr)
Fresh Issue 18,10,042 shares
(agg. up to ₹24 Cr)
Offer for Sale72,50,000 shares of ₹10
(agg. up to ₹98 Cr)
Share Holding Pre Issue3,18,65,400 shares
Share Holding Post Issue3,36,75,442 shares
BSE Script Code / NSE Symbol544564 / OMFREIGHT
ISININE1BZC01019

IPO Timetable

IPO Reservation

Om Freight Forwarders IPO offers total 90,60,042 shares. Out of which 25,83,192 (28.51%) allocated to QIB, 14,05,482 (15.51%) allocated to QIB (Ex- Anchor), 17,64,900 (19.48%) allocated to NII 42,61,845 (47.04%) allocated to RII and 11,77,710 (13.00%) allocated to Anchor investors.

Investor Category Shares Offered Max Allottees
QIB Shares Offered 25,83,192 (28.51%)NA
  − Anchor Investor Shares Offered 11,77,710 (13.00%)NA
  − QIB (Ex. Anchor) Shares Offered 14,05,482 (15.51%)NA
NII (HNI) Shares Offered 17,64,900 (19.48%)NA
  − bNII > ₹10L 11,76,600 (12.99%)757
  − sNII < ₹10L 5,88,300 (6.49%)378
Retail Shares Offered 42,61,845 (47.04%)38,395
Employee Shares Offered 4,50,105 (4.97%)NA
Total Shares Offered90,60,042 (100.00%)

IPO Lot Size

Investors can bid for a minimum of 111 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 111 ₹14,985
Retail (Max) 13 1,443 ₹1,94,805
S-HNI (Min) 14 1,554 ₹2,09,790
S-HNI (Max) 66 7,326 ₹9,89,010
B-HNI (Min) 67 7,437 ₹10,03,995
IPO Subscription Details

IPO Anchor Investors

Om Freight Forwarders IPO raises ₹15.90 crore from anchor investors. Om Freight Forwarders IPO Anchor bid date is September 26, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateFri, Sep 26, 2025
Shares Offered11,77,710
Anchor Portion (₹ Cr.)15.90
Anchor lock-in period end date for 50% shares (30 Days)Tue, Nov 4, 2025
Anchor lock-in period end date for remaining shares (90 Days)Sat, Jan 3, 2026

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Up to Rs 5 Lakhs Yes
Employee + RII/NII
  • Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Om Freight Forwarders Ltd.

Incorporated in June 1995, Om Freight Forwarders Limited is a third-generation logistics company based in Mumbai, India. With over four decades of expertise, it operates across five continents, serving over 700 locations.

Om Freight is ISO certified and holds memberships with organisations such as IATA, FIATA, WCA, GLPN, FFI, and MTO.

The company emphasises technology integration, offering paper-free documentation, GPS tracking, and real-time shipment monitoring.

The company offers international freight forwarding, customs clearance, vessel agency, transportation, warehousing, and distribution services.

Services Offered:

  • Customs clearance (air, sea, LCL, break bulk, bulk, ODC, super ODC)
  • Freight forwarding (air, sea, LCL, break bulk, bulk, ODC, super ODC)
  • Project and charter services (aircraft, vessels, barges)
  • Nominated cargo
  • Domestic transportation (road, rail, sea)
  • Inventory warehousing and distribution
  • Material handling services
  • Additional services include bonded trucking, trans-shipping, cross trade, and post-shipment activities.

In FY 2025, the company managed total cargo volumes of 66.86 million metric tons (MMTS).

The company operates across India with twenty-eight branches and extensive international reach, covering 800+ destinations through strategic partnerships with global logistics providers.

The company owns 135 commercial vehicles and equipment, including cranes, forklifts, trailers, payloaders, tippers, and vessels and has 22 logistic partners.

Competitive Strengths

  • End-to-end logistics services and solutions
  • Track record of high quality and efficient service delivery
  • Operational capabilities of own fleet
  • Building long-term client relationships
  • Presence across diverse industry verticals
  • Skilled and experienced management team with relevant industry experience
  • Technological Integration

Company Financials (Restated Consolidated)

Om Freight Forwarders Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 113% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets312.02268.84305.18
Total Income494.05421.32493.35
Profit After Tax21.9910.3527.16
EBITDA37.7111.9633.33
NET Worth173.47151.58139.24
Total Borrowing26.9524.477.53
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding of the capital expenditure requirements of the company related to the acquisitionof commercial vehicleand heavy equipment 17.15
2 General corporate purposes 4.08

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)6.906.53
P/E (x)19.5620.67
Promoter Holding99.04%72.09%
Market Cap454.62 Cr.
The promoters of the Company are Rahul Jagannath Joshi, Jitendra Maganlal Joshi, Harmesh Rahul Joshi and Kamesh Rahul Joshi.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
OFFL is engaged in providing 3PL integrated logistics services to domestic as well as international clients. The company has posted inconsistency in its top and bottom lines for the reported periods. It is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. There is no harm in skipping this pricey and dicey “High Risk/Low Return” bet.
Read detail review...

Om Freight Forwarders IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0010
Members0000

Om Freight Forwarders IPO Subscription Status (Bidding Detail)

The Om Freight Forwarders IPO is subscribed 3.88 times on October 3, 2025 5:04:41 PM (Day 4). The public issue subscribed 2.77 times in the retail category, 3.97 times in the QIB category, and 7.39 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (times) Shares Offered Shares bid for
QIB (Ex Anchor)3.9713,41,07553,26,668
NII 7.3917,64,9001,30,46,052
    bNII (bids above ₹10L)7.1911,76,60084,53,982
    sNII (bids below ₹10L)7.815,88,30045,92,070
Retail2.7743,60,8651,20,82,350
Employee0.574,50,1052,54,412
Total3.8879,16,9453,07,09,482

Total Application : 97,950

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees payable to the BRLM (including underwriting commission and marketing fees) 14.15
2 Commission/processing fee for SCSBs, Sponsor Banks and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, CRTAs and CDPs. 0.17
3 Fees payable to the Registrar to the Offer 0.10
4 Other expenses (i) Listing fees, SEBI filing fees, Stock Exchange processing fees, book building software fees and other regulatory expenses, printing and stationery expenses, advertising and marketing expenses for the Offer and fees payable to the legal counsel; 1.15
5 Other advisors to the offer such as (fees payable to the independent chartered accountant appointed for providing restated financials statement and certificates for the purpose of the Offer and for providing the Project Report, CRISIL Limited for preparing the industry report commissioned by the Company, etc.) 0.28
6 Miscellaneous 0.30

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price135.00135.00
Open82.5081.50
Low82.5081.10
High86.6085.57
Last Trade86.6085.57

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Om Freight Forwarders Ltd. Address
101, Jayant Apts
‘A’ Wing, Opp, Sahar Cargo Complex,
Sahar, Andheri East
Mumbai, Maharashtra, 400099
Open an Instant Account with Zerodha

IPO FAQs

Om Freight Forwarders IPO is a main-board IPO of 90,60,042 equity shares of the face value of ₹10 aggregating up to ₹122 Crores. The issue is priced at ₹135 per share. The minimum order quantity is 111.

The IPO opens on Mon, Sep 29, 2025, and closes on Fri, Oct 3, 2025.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Om Freight Forwarders IPO using UPI as a payment gateway. Zerodha customers can apply in Om Freight Forwarders IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Om Freight Forwarders IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Om Freight Forwarders IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Om Freight Forwarders IPO opens on Mon, Sep 29, 2025 and closes on Fri, Oct 3, 2025.

Om Freight Forwarders IPO lot size is 111, and the minimum amount required for application is ₹14,985.

You can apply in Om Freight Forwarders IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Om Freight Forwarders IPO will be done on Monday, October 6, 2025, and the allotted shares will be credited to your demat account by Tue, Oct 7, 2025. Check the Om Freight Forwarders IPO allotment status.

The Om Freight Forwarders IPO listing date is on Wed, Oct 8, 2025.

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