Om Freight Forwarders IPO: The initial public offering (IPO) of Om Freight Forwarders Ltd entered its final day of public bidding today, October 3, with the issue subscribed over 3 times the equity on offer. Earlier, the IPO had received strong investor demand with the issue fully booked on the first day of bidding.
Overall, the issue received 3.87Â times the subscription, as per provisional exchange data. Investors bid for 3.06Â crore shares against the total 79.16 lakh shares on offer. The company aims to raise Rs 122.31 crore from the public offering.
Om Freight Forwarders IPO subscription status:
The overall subscription includes bids from Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs) who subscribed 3.97, 7.39Â and 2.75Â times, respectively, against their alloted portions.
Add Zee Business as a Preferred Source
Specifically, QIBs have bid for 53.26 lakh shares against the 13.41 lakh reserved shares. NIIs have bid for 1.30 crore shares against the 17.64 lakh allotted shares, and RIIs have bid for 1.19Â crore shares against the 43.60 lakh portion.
Read More:Â Advance Agrolife IPO: Final day bidding, check subscription status and other key updates
Om Freight Forwarders IPO details:
The IPO is a book-built issue of Rs 122.31 crore, comprising a fresh issue of Rs 24.44 crore and an offer-for-sale (OFS) of Rs 97.88 crore. The IPO has a four-day bidding window that closes on October 3, 2025. The company plans to utilise the IPO proceeds for capital expenditure and general corporate purposes.
Price band: Rs 128 to Rs 135 per share
Face value: Rs 10 per equity share
Subscription date: September 29 to October 3, 2025
Allotment date: October 6, 2025
Listing date: October 8, 2025
Lot size: 111 shares, with a minimum application amount of Rs 14,985
Om Freight Forwarders company profile:
Om Freight Forwarders Limited is a third-generation global logistics firm headquartered in Mumbai, India.Â
The company provides end-to-end logistics solutions, including freight forwarding, customs clearance, transportation, warehousing, and project cargo handling.
Financially, the company reported revenue of Rs 494.05 crore and profit after tax (PAT) of Rs 21.99 crore in FY25.
