- Price band
- To be announcedNot in this filing
- Issue size
- To be announcedAmount set with price
- Face value
- ₹10per equity share
- Lot size
- To be announcedMin. investment shown once set
- Anchor biddingFri, 2025
- OpensMon, 2025
- ClosesFri, 2025
- AllotmentMon, 2025
- ListingWed, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- —
- Offer for sale
- 72,50,000 shares
- Total issue
- —
- Face value
- ₹10
- Listing at
- NSE, BSE
- RHP date
- 22 Sept 2025
Source: Red Herring Prospectus dated 22 Sept 2025Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2024-25, pre-issue- EPS (basic)
- ₹6.9
- RoNW
- 12.68%
- NAV per share
- ₹54.44
- Debt to equity
- 0.17
- EBITDA margin
- 7.69%
- PAT margin
- 4.49%
P/E and market cap are calculated once the price band is announced.
Source: Red Herring Prospectus dated 22 Sept 2025Updated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 | 31 Mar 2023FY 2022-23 |
|---|---|---|---|
| Revenue from operations | 490.14 | 410.50 | 471.14 |
| Total income | 494.05 | 421.32 | 493.35 |
| EBITDA | 37.71 | 11.96 | 33.33 |
| Profit after tax | 21.99 | 10.35 | 27.16 |
| Net worth | 173.47 | 151.58 | 139.24 |
| Reserves and surplus | 141.61 | 151.47 | 139.13 |
| Total assets | 312.02 | 268.84 | 305.18 |
| Total borrowing | 26.95 | 24.47 | 7.53 |
FY 2024-25 vs FY 2023-24: revenue +19.4%, profit after tax +112.6%.
Source: Red Herring Prospectus dated 22 Sept 2025Updated
About the company
Provides third-party logistics services including international freight forwarding, customs clearance, vessel agency, multimodal transport, warehousing and project cargo handling. Operates an asset-light and asset-owning fleet mix across India with a network of branches and international partners.
- Incorporated
- 1995
- Industry
- Logistics
- Sector
- Logistics and Transport
- CIN
- U43299MH1995PLC089620
- Website
- omfreight.com
Source: Red Herring Prospectus dated 22 Sept 2025Updated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Jitendra Maganlal Joshi | Promoter | 10.00% | — | — |
| Maya Rahul Joshi | Promoter group | 7.00% | — | — |
| Rahul Jagannath Joshi | Selling shareholder | 45.00% | — | 39,87,500 |
| Harmesh Rahul Joshi | Selling shareholder | 26.82% | — | 25,37,500 |
| Kamesh Rahul Joshi | Selling shareholder | 9.82% | — | 7,25,000 |
Source: Red Herring Prospectus dated 22 Sept 2025Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Capital expenditure for acquiring commercial vehicles and heavy equipment | 17.15 |
| General corporate purposes | Set with price |
Source: Red Herring Prospectus dated 22 Sept 2025Updated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Om Freight Forwarders LimitedIssuer | ₹6.9 | — | 12.68% | ₹54.44 |
| Tiger Logistics (India) Limited | ₹2.56 | 19.72× | 19.53% | ₹13.08 |
| Total Transport Systems Limited | ₹5.54 | 13.32× | 10.56% | ₹51.76 |
| AVG Logistics Limited | ₹15.01 | 16.15× | 8.65% | ₹163.76 |
| Patel Integrated Logistics Limited | ₹1.13 | 13.33× | 6.25% | ₹17.48 |
Source: Red Herring Prospectus dated 22 Sept 2025Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Integrated 3PL services covering freight forwarding, customs clearance, vessel agency and warehousing.
- Operates a fleet of owned vehicles and equipment alongside partner-provided assets.
- Served over 1,700 customers in FY 2024-25 across diverse industries.
- Revenue has grown from a base of multi-year operations since 1995.
Risks
- Top ten customers contributed about 40% of FY 2024-25 revenue, creating concentration risk.
- Around 88% of FY 2024-25 revenue came from Maharashtra, exposing the business to regional risk.
- A pending criminal complaint relating to a dock worker fatality is outstanding against the company and others.
- Revenue and profit have fluctuated significantly across the three years presented.
- Use of proceeds for vehicle and equipment purchases is based on unplaced orders and management estimates.
Source: Red Herring Prospectus dated 22 Sept 2025Updated
Contacts
Source: Red Herring Prospectus dated 22 Sept 2025Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring Prospectus dated 22 Sept 2025Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE and BSE.
Frequently asked questions
When does the Om Freight Forwarders IPO open and close?
According to the Red Herring Prospectus, the issue opens on Monday, 29 September 2025 and closes on Friday, 3 October 2025. These dates are tentative.
What is the Om Freight Forwarders IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Om Freight Forwarders shares list?
On NSE and BSE. The tentative listing date is Wednesday, 8 October 2025.
Who is the registrar of the issue?
Bigshare Services Private Limited (SEBI registration INR000001385). Allotment status is checked on the registrar's website.
How do I check the Om Freight Forwarders IPO allotment status?
The basis of allotment is expected to be finalised on Monday, 6 October 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (Bigshare Services Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹17.15 Cr for capital expenditure for acquiring commercial vehicles and heavy equipment, and the rest for the other stated purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.