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Om Freight Forwarders IPO is a bookbuilt issue of ₹122.31 crore. It combines a fresh issue of 0.18 crore shares aggregating to ₹24.44 crore and an offer for sale of 0.73 crore shares aggregating to ₹97.88 crore.
The IPO opens for subscription on September 29, 2025, and closes on October 3, 2025. The allotment is expected to be finalized on Monday, October 6, 2025. The price band for the IPO is set at ₹128 to ₹135 per share, and the minimum lot size for an application is 111 shares.
Company Summary
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.
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 an 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.
Company Services
- 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.
Company Strengths
- End-to-end logistics services and solutions
- Track record of high-quality and efficient service delivery
- Operational capabilities of the 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
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 312.02 | 268.84 | 305.18 |
| Total Income | 494.05 | 421.32 | 493.35 |
| Profit After Tax | 21.99 | 10.35 | 27.16 |
| EBITDA | 37.71 | 11.96 | 33.33 |
| Net Worth | 173.47 | 151.58 | 139.24 |
| Total Borrowing | 26.95 | 24.47 | 7.53 |
| Amount in ₹ Crore | |||
Objectives of IPO
- Funding of the capital expenditure requirements of our company related to the acquisition of commercial vehicles and heavy equipment
- General corporate purposes
Promoters of the company
The promoters of the Company are Rahul Jagannath Joshi, Jitendra Maganlal Joshi, Harmesh Rahul Joshi, and Kamesh Rahul Joshi.
IPO Details
| IPO Date | September 29, 2025, to October 3, 2025 |
| Listing Date | October 8, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹128 to ₹135 per share |
| Lot size | 111 shares |
| Total Issue size | 90,60,074 shares (aggregating upto ₹122.31 Cr ) |
| Fresh Issue | 18,10,074 shares (aggregating upto ₹24.44 Cr ) |
| Offer for Sale | 72,50,000 shares of ₹2 (aggregating upto ₹97.88 Cr ) |
| Issue type | Bookbuilding IPO |
| Listing at | NSE, BSE |
| Share Holding Pre Issue | 3,18,65,400 shares |
| Share Holding Post Issue | 3,36,75,474 shares |
Category Reservation Table
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
| Only RII | Upto 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 | Upto Rs 5 lakhs | Yes |
| Employee + RII/NII | 1. Employee limit: Upto Rs 5 lakhs (In certain cases, employees are given a discount if the bidding amount is upto Rs 2 Lakhs) 2. If applying as RII: Upto Rs 2 Lakhs 3. If applying as NII: sNII > Rs 2 Lakhs and upto Rs 10 Lakhs and bNII > Rs 10 lakhs | Yes for Employee and RII/NII |
Lot Allocation Details
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 111 | ₹14,985.00 |
| Retail (Max) | 13 | 1,443 | ₹1,94,805.00 |
| S-HNI (Min) | 14 | 1,554 | ₹2,09,790.00 |
| S-HNI (Max) | 66 | 7,326 | ₹9,89,010.00 |
| B-HNI (Min) | 67 | 7,437 | ₹10,03,995.00 |
Allotment Schedule
| Basis of Allotment | Mon, 6 Oct, 2025 |
| Initiation of Refunds | Tue, 7 Oct, 2025 |
| Credit of Shares to Demat | Tue, 7 Oct, 2025 |
| Tentative Listing Date | Wed, 8 Oct, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 3, 2025 |
IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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