Om Freight Forwarders Limited IPO

Om Freight Forwarders Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹128 - ₹135

Total Issue

₹122.31 Cr

Bid Dates

29 Sep - 03 Oct

Subscription

2.23x

Est. GMP

₹11 (8.15%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Om Freight Forwarders is a Third-Party Logistics (3PL) provider offering integrated logistics solutions, including freight forwarding, customs clearance (CHA), vessel agency, transportation, warehousing, and value-added services. The company focuses on project cargo and end-to-end delivery with technical expertise. Revenue in FY25 was primarily from Freight Forwarding (52.12%), followed by Custom Clearance (17.34%) and Vessel Agency Services (14.43%). Compared to FY24, Freight Forwarding saw significant growth, while Custom Clearance dropped in share. The company aims to deliver cost-effective and timely logistics for global businesses across locations.

Lot Info

Lot Information for Om Freight Forwarders IPO
Category 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

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
450150 EQ Shares

Issue Size

Total ₹122.31 Cr
Fresh Issue
₹24.44 Cr (0.18 Cr Shares)
Offer For Sale
₹97.88 Cr (0.73 Cr Shares)

Objects of Issue

  1. Funding of the capital expenditure requirements of our company related to the acquisition of commercial vehicle and heavy equipment
  2. General corporate purposes

Grey Market Premium

GMP ₹11
Est. Price ₹146
Est. Gain 8.15%

Om Freight Forwarders IPO Peer Comparison

(Rs. in crores)

Om Freight Forwarders IPO Peer Comparison Table
Particulars Om Freight Tiger logistics Total Transport AVG Logistics Patel Integrated
Revenue 490.14 536.31 665.25 551.52 342.69
PAT 21.99 27.01 8.81 21.33 7.60
EPS 6.90 2.56 5.54 15.01 1.13
NAV 54.44 13.08 51.76 163.76 17.48
RONW 12.68% 19.53% 10.56% 8.65% 6.25%
EBITDA 7.69% 5.76% 2.03% 17.33% 2.56%
PAT Mrgn 4.49% 5.04% 1.32% 3.87% 2.22%
PE Ratio 19.57 19.72 13.32 16.15 13.33
Debt to Equity 0.17 0.25 0.46 0.89 0.11
  • All information pertains to FY 2024-25.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 19, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Om Freight Forwarders IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 490.14 410.50 471.14
Profit after Tax 21.99 10.35 27.16
Net Worth 173.47 151.58 139.24
Total Borrowing 26.95 24.47 7.53
Total Assets 312.02 268.84 305.18
NAV per share (in ₹) 54.44 47.57 43.70
EPS - Basic (in ₹) 6.90 3.25 8.52

KPIs

EBITDA

7.69%

PAT

4.49%

ROE

13.53%

ROCE

15.80%

Debt to Equity

0.17

PE Ratio

19.57

PB Ratio

2.48

Mkt Cap (in Crs.)

454.62

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

99.03%

Public

0.97%

Rahul Jagannath Joshi 45.00%
Harmesh Rahul Joshi 26.82%
Jitendra Maganlal Joshi 10.00%
Kamesh Rahul Joshi 9.82%
Others 7.39%

Management

Rahul Jagannath Joshi Chairman and MD
Pankaj Premji Mav CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Smart Horizon Capital Smart Horizon Capital

Subscription Status

Updated as on 30-Sep-2025 17:03:00

Mainboard Subscription Status for Om Freight Forwarders IPO
Category Sub (x) Offered Bids
QIB - 52,98,141
NII - 82,86,261
bHNI - 58,58,691
sHNI - 24,27,570
Retail - 39,87,120
Employee - 1,11,000
Total - 0 1,76,82,522

Frequently Asked Questions

What is Om Freight Forwarders IPO?
Om Freight Forwarders IPO is a Mainboard IPO having an issue size of ₹122.31 Crs. Om Freight Forwarders IPO is priced at ₹128 - ₹135 per share. The issue opens on 29 Sep 25 and closes on 03 Oct 25.
When will Om Freight Forwarders IPO open?
Om Freight Forwarders IPO opens on 29 Sep 25 and closes on 03 Oct 25.
What is the GMP of Om Freight Forwarders IPO?
The estimated Grey Market Premium of Om Freight Forwarders IPO is ₹11 per share (8.15%).
What is the lot size of Om Freight Forwarders IPO?
The minimum lot size of Om Freight Forwarders IPO is 111 shares & the minimum application amount is Rs. 14985.
When is the allotment of Om Freight Forwarders IPO?
The allotment date of Om Freight Forwarders IPO is 06 Oct 25.
What is the listing date of Om Freight Forwarders IPO?
The listing date of Om Freight Forwarders IPO is 08 Oct 25.
What is the subscription of Om Freight Forwarders IPO?
Om Freight Forwarders IPO is subscribed 2.23 times.
What is the price band of Om Freight Forwarders IPO?
Om Freight Forwarders IPO is priced at ₹128 - ₹135 per share.
How to check allotment status of Om Freight Forwarders IPO?
Click the allotment link on Om Freight Forwarders IPO page of IPO360.
How to apply Om Freight Forwarders IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Om Freight Forwarders IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Om Freight Forwarders IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Om Freight Forwarders IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date