Om Freight Forwarders IPO: The initial public offering (IPO) of Om Freight Forwarders Ltd received an overwhelming response from investors, with the issue fully subscribed on the first day of bidding today, September 29. The Mumbai-based company aims to raise Rs 122.31 crore through a fresh issue of Rs 24.44 crore and an OFS of Rs 97.88 crore.
As per the provisional exchange data, the issue was subscribed 1.13 times till 4 pm. Investors have bid for 89.29 lakh shares against 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 Qualified Institutional Buyers (QIBs) who have subscribed 1.10 times, Non-Institutional Investors (NIIs) who have subscribed 3.20 times, and Retail Individual Investors (RIIs) who have subscribed 0.40 times.
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Specifically, QIBs have bid 14.81 lakh shares against the 13.41 lakh reserved shares. NIIs have bid 56.50 lakh shares against the 17.64 lakh allotted shares, and RIIs bid 17.45 lakh shares out of the 43.60 lakh portion.
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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 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.
