Om Freight Forwarders' Rs 122.31-Crore IPO Opens for Subscription at Rs 128–135
The structure pairs a fresh share sale with a larger OFS, directing proceeds to fleet expansion through new commercial vehicles plus heavy equipment.
Overview
- Subscriptions run Sept. 29–Oct. 3 with tentative allotment on Oct. 6, refunds and crediting on Oct. 7, and a proposed BSE/NSE listing on Oct. 8.
- The offer comprises 18 lakh fresh shares and 73 lakh shares via offer for sale within the announced price band.
- Retail applications start at 111 shares (Rs 14,985), with SNIIs at 1,554 shares and BNIIs at 7,437 shares per application.
- A grey market premium of Rs 11 was cited by InvestorGain on Sept. 29, implying an estimated listing near Rs 146, though such indications are speculative.
- For FY2025, revenue rose 17% to Rs 494.05 crore and PAT climbed 113% to Rs 21.99 crore; Smart Horizon is the lead manager and Bigshare is the registrar.