Om Freight Forwarders was incorporated on June 16, 1995. The company is a third-party logistics (3PL) player offering integrated, end-to-end logistics services including freight forwarding, customs clearance, transportation, warehousing, and project cargo handling. Headquartered in Mumbai, it operates across India and globally, serving industries like infrastructure, energy, mining, and FMCG with multimodal transport and specialised cargo solutions
| Bidding Dates |
|---|
| 29 Sep 2025 - 03 Oct 2025 |
| Subscription |
|---|
| 3.87x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,208 | 1 | 13 | 111 | 9.1 M | ₹128 - ₹135 | 72.18 % | ₹1159.7 M - ₹1223.1 M | RHP DOC |
Om Freight Forwarders IPO SUBSCRIPTION STATUS
03 Oct '25Om Freight Forwarders IPO overall subscription rate was 3.87 times the total available shares
Om Freight Forwarders IPO retail subscription rate was 2.75 times in the retail segment
Om Freight Forwarders IPO non-institutional investor subscription rate was 7.39 times in the non-institutional investor category
Om Freight Forwarders IPO Qualified Institutional Bidder subscription rate was 3.97 times the available shares for Qualified Institutional Bidder
Om Freight Forwarders IPO Employees subscription rate was 0.57 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
03 Oct 2025 (Day 4) | 2.75x | 7.39x | 3.97x | 0.57x |
01 Oct 2025 (Day 3) | 1.32x | 5.13x | 3.95x | 0.34x |
30 Sep 2025 (Day 2) | 0.91x | 4.7x | 3.95x | 0.25x |
29 Sep 2025 (Day 1) | 0.54x | 4.03x | 1.1x | 0.15x |
Om Freight Forwarders FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 490.1 | 22.0 | 39.8 | 6.2 | 7.7% |
| FY24 | 410.5 | 10.3 | 37.7 | -11.2 | 2.9% |
| FY23 | 471.1 | 27.2 | 5.7 | -2.6 | 7.1% |
Om Freight Forwarders IPO SUBSCRIPTION STATUS DETAILS
Om Freight Forwarders had 9.1 M shares on offer
Om Freight Forwarders IPO offer price was in the range ₹128 - ₹135
Om Freight Forwarders IPO minimum Investment was ₹14208
Om Freight Forwarders IPO issue size was ₹ 1159.7 M - ₹ 1223.1 M
Om Freight Forwarders had a minimum lot size of 111 Shares per application
Om Freight Forwarders NUMBER OF SHARES ON OFFER
Om Freight Forwarders IPO IMPORTANT DATES
| Issue Open Date | 29 Sep 2025 |
| Issue close Date | 03 Oct 2025 |
| Allotment Date | 06 Oct 2025 |
| Refund Date | 07 Oct 2025 |
| Demat Account Credit Date | 07 Oct 2025 |
| Listing Date | 08 Oct 2025 |
| Listing on Exchange(s) | NSE and BSE |
| Om Freight Forwarders Allotment Status | Exchange/ Registrar |
Om Freight Forwarders IPO subscription opened on 29 Sep 2025, and closed on 03 Oct 2025
IPO allotment for Om Freight Forwarders was finalized on Monday, 06 Oct 2025
IPO listing for Om Freight Forwarders was on NSE and BSE on Wednesday, 08 Oct 2025
Om Freight Forwarders IPO LISTING GAINS
| Issue Price (adjusted) | 135.0 |
| Listing Open Price | 81.5 |
| Listing Close Price | 85.6 |
| Listing Gain% | -39.6% |
| Current Gain% | -34.6% |
Om Freight Forwarders Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Om Freight Forwarders Ltd. | 88.3 | 297.3 | 18.5 | -0.7 | 0.6 | 7.7 | 4.2 | 482.5 | -2.3 | 16 | -27.1 | 4.8 | -27 |
| Container Corporation of India Ltd. | 505.2 | 38476.9 | 31 | -7.3 | 4.2 | 9.6 | 8.2 | 9443.2 | 1.2 | 1241.8 | -3.6 | 16.3 | -4.2 |
| Delhivery Ltd. | 473.3 | 35452.8 | 379 | -7.2 | 3.2 | 1.6 | 1.2 | 10867 | 16 | 152.7 | -5.8 | 1.2 | -52.9 |
| Shadowfax Technologies Ltd. | 241.2 | 14120.3 | 83.5 | 3 | 6.4 | 3.9 | 4238.6 | 68.6 | 111.7 | 1638.4 | 2.9 | ||
| Blue Dart Express Ltd. | 5089.5 | 12076.3 | 42.1 | 2.7 | 1.9 | 13.9 | 6 | 6182.8 | 7.3 | 247.4 | -2 | 121 | 15.8 |
| VRL Logistics Ltd. | 281.4 | 4921.9 | 18.4 | 0.8 | 1.5 | 20.7 | 9.1 | 3244.8 | 1.8 | 236.8 | 29.5 | 15.3 | 21.8 |
Om Freight Forwarders IPO Reports
Om Freight Forwarders INFORMATION ON IPO ISSUE
About Om Freight Forwarders
Om Freight Forwarders was incorporated on June 16, 1995. The company is a third-party logistics (3PL) player offering integrated, end-to-end logistics services including freight forwarding, customs clearance, transportation, warehousing, and project cargo handling. Headquartered in Mumbai, it operates across India and globally, serving industries like infrastructure, energy, mining, and FMCG with multimodal transport and specialised cargo solutions
Object of the Issue
- Funding of the capital expenditure requirements of the company related to the acquisition of commercial vehicle and heavy equipment
- General corporate purposes
Om Freight Forwarders - PROMOTERS
| Name |
|---|
| Rahul Jagannath Joshi |
| Jitendra Maganlal Joshi |
| Harmesh Rahul Joshi |
| Kamesh Rahul Joshi |
Om Freight Forwarders - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Rahul Jagannath Joshi | Chairman & Managing Director |
| Jitendra Maganlal Joshi | Executive Director |
| Sanjiv Prabhashankar Joshi | Executive Director |
| Harmesh Rahul Joshi | Executive Director |
| Kamesh Rahul Joshi | Executive Director |
| Dipti Nikhil Chheda | Independent Director |
| Paras Khimji Savla | Independent Director |
| Ketan Damji Saiya | Independent Director |
| Vivek Krishna Bhandarkar | Independent Director |
| Ravi Kumar Patwa | Independent Director |
Om Freight Forwarders Book Running Lead Manager
Smart Horizon Capital Advisors Private Limited
omfreight.ipo@shcapl.com
Om Freight Forwarders Registrar to the Offer
Bigshare Services Pvt Ltd
ipo@bigshareonline.com
Om Freight Forwarders Strengths
Comprehensive logistics solutions
The company offers end-to-end logistics services, including transportation, warehousing, in-factory logistics, and value-added services. Its customised solutions improve client efficiency, service quality, and supply chain visibility. Long-term relationships with major clients, like a top steel producer, highlight its reliability and scalability
Diverse industry reach
The company serves over 1,500 clients across sectors like steel, coal, oil & gas, FMCG, power, and infrastructure. Its single-window, door-to-door B2B logistics solutions are customizable and adaptable, helping it apply cross-sector insights and best practices to serve varied client needs effectively
Strong client retention
The company maintains high contract renewal rates, reflecting strong client trust and satisfaction. In a competitive logistics market with low entry barriers, its focus on quality, customisation, and long-term client relationships helps it stand out
Om Freight Forwarders Risks
High customer concentration risk
A significant portion of revenue is generated from the top 10 customers. Continued reliance on a few key clients exposes the business to significant risk. Loss or reduced business from any of these customers could adversely affect financial performance
Dependence on trade volumes
Business performance is closely tied to global and domestic trade volumes and freight rates. Adverse changes due to economic cycles, trade barriers, currency fluctuations, or geopolitical events may negatively impact operations and financial results
Shipping contract risks
The company does not have long-term contracts with shipping providers and instead relies on informal relationships and short-term leasing of vessel space. Any disputes or deterioration in these relationships may impact the ability to secure cargo space, increase operating costs, or disrupt services—posing a significant risk to business continuity, customer satisfaction, and financial performance
IPO FAQs
This IPO consists of an offer for sale of up to Rs 97.9 crore, of 7,250,000 shares. It also consists of a fresh issue of Rs 24.4 crore.
The promoters of the company are Rahul Jagannath Joshi, Jitendra Maganlal Joshi, Harmesh Rahul Joshi and Kamesh Rahul Joshi.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 128.0 - 135.0.
The IPO application opens on Sep 29, 2025 and closes on Oct 03, 2025.
The minimum lot size for the IPO is 111. The maximum lot size for the IPO is 1443.
For all category investors, the minimum application amount for this IPO is Rs. 14,208.0, the maximum value for this IPO is Rs 194,805.0.
This IPO will be allotted on Oct 06, 2025.
The refund will be credited to your account on Oct 07, 2025.
The allotted shares will be credited to your demat on Oct 07, 2025.
Om Freight Forwarders Ltd.’s shares listed on the stock exchanges on Oct 08, 2025.