Om Freight Forwarders IPO
Bookbuilding IPO | ₹122.00 Cr | Listing at BSE, NSE
IPO Open
Mon, Sep 29, 2025
IPO Close
Fri, Oct 03, 2025
Price Band
₹128.00 to ₹135.00
Market Cap (Pre-IPO)
₹454.62 Cr
IPO Details
| IPO Date | Sep 29, 2025 to Oct 03, 2025 |
| Listing Date | Tentative: Oct 08, 2025 |
| Face Value | ₹10.00 per share |
| Price Band | ₹128.00 to ₹135.00 |
| Lot Size | 111 Shares (Minimum: ₹14,985.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹122.00 Crores |
| Total Shares Offered | 9,060,042 shares |
| Fresh Issue | 1,810,042 shares |
| Offer For Sale | 7,250,000 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 3.97x |
| NII | 7.39x |
| RII | 2.77x |
| Total | 3.88x |
Om Freight Forwarders IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 25,83,192 (28.51%) |
| Retail Shares Offered | 42,61,845 (47.04%) |
| NII Shares Offered | 17,64,900 (19.48%) |
Om Freight Forwarders 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 | ₹194,805 |
| S-HNI (Min) | 14 | 1,554 | ₹209,790 |
| S-HNI (Max) | 66 | 7,326 | ₹989,010 |
| B-HNI (Min) | 67 | 7,437 | ₹1,003,995 |
Om Freight Forwarders Financial Information (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 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 |
| Reserves and Surplus | 26.95 | 24.47 | 7.53 |
| Total Borrowing | 0.00 | 0.00 | 0.00 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 13.53% |
| ROCE (Return on Capital Employed) | 15.80% |
| Debt/Equity | 0.17 |
| RoNW (Return on Net Worth) | 12.68% |
| PAT Margin (Profit After Tax Margin) | 4.49% |
| EBITDA Margin | 7.69% |
| Price to Book Value | 2.48 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.90 | 6.53 |
| P/E (x) | 19.56 | 20.67 |
| Promoter Holding | 99.04% | 72.09% |
Company Promoters
- The promoters of the Company are Rahul Jagannath Joshi
- Jitendra Maganlal Joshi
- Harmesh Rahul Joshi and Kamesh Rahul Joshi.
Company Overview
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.
Company 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
Use of Proceeds
| 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 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Om Freight Forwarders IPO Peer Comparison
Om Freight Forwarders peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Om Freight Forwarders Limited | 6.90 | 6.90 | 54.44 | 0.00 | 12.68 | 0.00 | - |
| Tiger Logistics (india) Ltd | 2.56 | 2.56 | 13.08 | 19.72 | 19.53 | 0.00 | - |
| Total Transport Systems Limited | 5.54 | 5.54 | 51.76 | 13.32 | 10.56 | 0.00 | - |
| AVG Logistics Limited | 15.01 | 15.01 | 163.76 | 16.15 | 8.65 | 0.00 | - |
| Patel Integrated Logistics Ltd. | 1.13 | 1.13 | 17.48 | 13.33 | 6.25 | 0.00 | - |
Quick Info
| Sector | Logistics |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹454.62 Cr |
Important Dates
| IPO Open | Sep 29, 2025 |
| IPO Close | Oct 03, 2025 |
| Allotment Date | Oct 06, 2025 |
| Credit to Demat | Oct 07, 2025 |
| Listing Date | Tentative: Oct 08, 2025 |
Lead Manager(s)
Smart Horizon Capital Advisors Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.
91-22-6263 8200
Description
- Om Freight Forwarders Ltd. 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 ₹135.00 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.