Om Freight Forwarders IPO Date, Review, Price, Allotment Details
The Om Freight Forwarders IPO is scheduled to open in 2025 and will close the same year. It is being launched as a Book Built Issue, with the company aiming to raise approximately ₹[.] crores. This includes a fresh issue of ₹25 crores and an offer for sale of up to 7,250,000 equity shares, each with a face value of ₹10.
The IPO price band is set at ₹[.] to ₹[.] per share, with the allocation reserved at 35% for retail investors, 50% for QIBs, and 15% for HNIs. The shares are proposed to be listed on both BSE and NSE in 2025, with allotment expected to be finalized the same year.
Financially, the company posted revenue of ₹421.32 crores in 2024 compared to ₹493.35 crores in 2023. Net profit stood at ₹10.35 crores in 2024, down from ₹27.16 crores in 2023. Based on these figures, analysts suggest that the IPO may be more suitable for investors with a long-term perspective.
Om Freight Forwarders IPO Details
Om Freight Forwarders IPO Market Lot
The minimum market lot for the Om Freight Forwarders IPO is [.] shares, requiring an application amount of ₹[.]. Retail investors can place bids for up to 13 lots, amounting to [.] shares or an investment of ₹[.]..
Om Freight Forwarders IPO Dates
The close date of the Om Freight Forwarders IPO is 2025, and the OM Freight Forwarders IPO date will be 2025. Allotment of the Om Freight Forwarders IPO shall be completed in 2025, and listing of the IPO shall be in 2025.
Promoters of Om Freight Forwarders IPO
The company’s promoters include Rahul Jagannath Joshi, Jitendra Maganlal Joshi, Harmesh Rahul Joshi, and Kamesh Rahul Joshi.
About Om Freight Forwarders IPO
Om Freight Forwarders, one of the leading Third-Party Logistics (3PL) providers, was established on December 16, 1995, and has been serving customers with comprehensive logistics solutions. Its service portfolio includes international freight forwarding, customs clearance (CHA), vessel agency services, transportation, warehousing, and distribution. Renowned for delivering cost-effective solutions, the company ensures seamless operations and timely deliveries across multiple locations. As a trusted India-based logistics partner, Om Freight specializes in a wide range of import and export customs clearance services. Backed by more than four decades of experience, deep industry expertise, and the integration of modern technology, the company has built a strong reputation in the logistics sector. In FY24, Om Freight recorded revenue of ₹410 crore from operations and posted a profit after tax of ₹10.4 crore, with a PAT margin of 2.52%.
Om Freight Forwarders IPO Company Financial Report
The company posted a revenue of ₹421.32 crores in FY 2024, compared to ₹493.35 crores in FY 2023. Its net profit stood at ₹10.35 crores in FY 2024, down from ₹27.16 crores in FY 2023.
Amount ₹ in Crores
Om Freight Forwarders IPO Valuation – FY2024
Check Om Freight Forwarders IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Peer Group Comparison
Objects of the Issue
- Funding of the capital expenditure requirements of our company related to the acquisition of commercial vehicles and heavy equipment;
- General corporate purposes.
Om Freight Forwarders IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Smart Horizon Capital Advisors Private Limited
Company Address
Om Freight Forwarders IPO Limited
707-713, Corporate Centre,
Nirmal Life Style, L.B.S. Road,
Mulund – West, Mumbai 400 080, India
Phone: +91 (22) 68099999;
Email: info@omfreight.com;
Website: www.omfreight.com