Om Freight Forwarders IPO

12.32x

subscribed

Om Freight Forwarders IPO

Logistics
listed
₹14,208Min. investment
  1. Pre-apply
    26 Sep
  2. Bid start
    29 Sep
  3. Bid end
    3 Oct
  4. Allotment
    6 Oct
  5. Release of funds
    7 Oct
  6. Demat transfer
    7 Oct
  7. Listing
    8 Oct

About Om Freight Forwarders Limited

SectorLogistics
Price range₹128 – ₹135
IPO type
Regular
Lot size111 shares
Issue size₹122Cr
Red Herring Prospectus
Read
Market Cap
₹454.62CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹490.1CrLower than sector avg
Growth rate3Y CAGR
2.00%Higher than sector avg

Om Freight Forwarders Limited IPO Overview

Om Freight Forwarders Limited IPO date

Om Freight Forwarders Limited IPO will open for subscription on September 29, 2025, and the closing date for the IPO is October 3, 2025. After this, investors are expected to be updated about the allotment status on October 6, 2025.

Investors who have been allotted shares can expect them to be credited to their demat account on October 7, 2025. The shares will be listed on the NSE and the BSE on Wednesday, October 8, 2025.

Om Freight Forwarders Limited IPO price band

The IPO includes a fresh issue and an offer for sale. The IPO price band has been set between ₹128 to ₹135 per share. Interested investors can choose a price within this band to apply for the IPO. The IPO is a book-building issue, comprising a fresh issue of ₹24.44 crore and an offer for sale of ₹97.88 crore only.

Om Freight Forwarders Limited’s IPO listing price will be determined on October 8, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.

Om Freight Forwarders Limited IPO lot size

Om Freight Forwarders Limited IPO details have been declared. The minimum lot size for an application is 111 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹122.31 crore.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹490.1Cr
This sector
₹711.28Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
2.00%
This sector
0.02%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹21.9Cr
This sector
-₹13.78Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹454.62Cr
This sector
₹1,677.75Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
19.56
This sector
34.35
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.17
This sector
0.59
Compare with companies

Objectives

Capital expenditure
70.10%
General corporate purposes
29.90%

Strength and Weakness

End-to-end solutions provider

The company offers a wide range of solutions, including transportation and distribution, warehousing, in-factory logistics and other value-added services. In domestic transportation, it offers short, medium and long-haul transportation as well as in-city distribution services. It also offers international freight forwarding services and multi-user warehousing services such as bonded and regular warehousing solutions.

Robust operational capabilities

The company's in-house logistics capabilities are robust, encompassing a wide range of specialised equipment to support efficient operations. This includes cranes, forklifts, trailers, payloaders, tippers, and vessels. It has a dedicated team of 134 equipment operators who are responsible for maintaining and ensuring the operational readiness of the fleet and equipment.

Diverse industry verticals

The company has a large client base of over 1,600 clients spanning various industry verticals. In FY25, minerals, mining and steel contributed 26.49% of the revenue, followed by EPC and infrastructure contributing 9.29%. Other Industries, including the aviation Industry, home appliances, furniture & fixtures and more, contributed a total of 33.56%.

Long-standing customer relationships

The company has high contract renewal rates and derived 75.34%, 78.30% and 84.59% in FY25, FY24 and FY23, respectively. As of March 31, 2025, the company had relationships of over five years with 5 of its top 10 customers.

Efficient service delivery

The company has distinguished itself in the logistics services industry by delivering reliable solutions across all verticals, including freight forwarding, bulk cargo handling, over-dimensional cargo transport, and the management of goods.

About Om Freight Forwarders Limited

Incorporated in June 1995, Om Freight Forwarders Limited is an integrated third-party logistics service provider with more than four decades of operating experience. The company offers services like international freight forwarding, customs clearance (CHA), vessel agency services, transportation service, warehousing and distribution.
The company has 28 pan-India branches today and covers more than 800+ international destinations through strategic alliances, offering intuitive multimodal logistic solutions by sea, air, land, and rail. Freight Forwarding continues to be the highest revenue generating business for the company at 52.12% in FY25, followed by customs clearance (17.34%) and vessel agency services (14.43%), indicating a well-diversified service mix across major logistics verticals.
The company has developed strong competence in the management of special cargo like over-dimensional consignments (ODC), heavy-lift cargo, breakbulk, sensitive cargo in need of climate-controlled handling, and bulk commodities.
Between FY23 and FY25, the company processed a total cargo volume of 66.86 million metric tons (MMT), 66.78 MMT and 21.06 MMT, respectively. Meanwhile, annual twenty-foot equivalent units (TEUs) handled improved from 81,473 units in FY23 to 109,914 units processed in FY25. It maintains a hybrid asset approach, blending a fleet of 135 owned commercial vehicles and equipment (trailers, cranes, forklifts, payloaders, tippers, vessels) with capacity from 22 logistics partners.
The company has established long-standing relationships with a diverse set of customers. The company served 1,715, 1,662 and 1,664 customers in the last three fiscal years. It has a client base in industries such as minerals, mining & steel, coal, oil & gas, energy & power, FMCG, EPC & infrastructure, tyres, and automotive. Over 75% of revenues in the last three years have come from existing clients. As of March 31, 2025, it had relationships of over five years with 5 of its top 10 customers.
The business operates with a pan-India reach, spearheaded by Maharashtra, accounting for 88.73% of revenues, Chennai accounting for 7.41% of revenues, and Kolkata accounting for 3.28% of revenues. Om Freight has received industry recognition for operational excellence. It was named among the leading freight forwarding companies in Industry Outlook magazine in 2022 and has clearance time records at JNPT.
India’s freight and logistics industry is set for robust growth, supported by 6–8% expected billion tonne kilometers (BTKM) expansion in FY25, rising e-commerce penetration, infrastructure investments, and government initiatives like PM Gati Shakti and PLI. The company is well-positioned to grow from increased freight volume as it serves multiple industries ranging from Minerals, Mining & Steel, Coal & Energy/ Power Sector, Rubber & Tyres, FMCG Industry and more. Additionally, the company has an extensive pan-India logistics and transportation network, further giving it an advantage to capitalise on the growth.
The company’s strategies include continuing to invest in fleet and earthmoving equipment to improve overall asset utilisation. It aims to expand its focus on providing large-format, multi-user, and technologically advanced warehousing solutions that cater to the evolving needs of the consumer durables, FMCG, and e-commerce industries.
Now, Om Freight Forwarders is launching its initial public offering (IPO), which consists of a fresh issue of ₹24.44 crore and an offer for sale of ₹97.88 crore. The total issue size of the IPO is ₹122.31 crore. Its shares will be listed on the NSE and BSE.

IPO Subscription Status

Date
QIB
NII
Retail
Total
29-Sep-25
0.0 times (X)
5.48 times (X)
1.94 times (X)
4.46 times (X)
30-Sep-25
0.0X
6.44X
3.3X
7.17X
01-Oct-25
0.0X
7.05X
4.74X
8.22X
03-Oct-25
0.0X
10.23X
9.65X
12.32X

Latest News on IPO

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Stock listings that are scheduled for this week include Ganesh Consumer Products, Atlanta Electricals, Solarworld Energy Solutions, Seshaasai Technologies, Anand Rathi Share, Jaro Education, Jain Resource Recycling, BMW Ventures, Epack Prefab Technologies, Jinkushal Industries and TruAlt Bioenergy, among others.

5 min read

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Om Freight Forwarders IPO consists of a fresh issuance of ₹24.43 crore and an offer for sale of 72,50,000 shares valued at ₹97.88 crore by promoters Rahul Jagannath Joshi, Kamesh Rahul Joshi and Harmesh Rahul Joshi.

3 min read

news logo
Om Freight Forwarders IPO allotment: The ₹122.31 crore initial share sale was a fresh issuance of up to ₹24.43 crore and an offer for sale component of up to 72,50,000 shares valued at ₹97.88 crore by promoters Rahul Jagannath Joshi, Kamlesh Rahul Joshi and Harmesh Rahul Joshi. It had set a price band of ₹129 to ₹135 per share.

3 min read

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Om Freight Forwarders IPO ?

The issue size of the Om Freight Forwarders IPO is 122 Cr.

What is 'pre-apply' for Om Freight Forwarders IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Om Freight Forwarders IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.