- Price band of Rs 128 – Rs 135 per Equity Share bearing face value of Rs 10 each (“Equity Shares”)
- Bid/Offer Opening Date – Monday, September 29, 2025 and Bid/Offer Closing Date – Friday, October 3, 2025.
- Minimum Bid Lot is 111 Equity Shares and in multiples of 111 Equity Shares thereafter
Mumbai, September 24, 2025: Om Freight Forwarder has fixed the price band of ₹ 128/- to ₹ 135/- per Equity Share of face value ₹ 10/- each for its maiden initial public offer.
The Initial Public Offering (“IPO” or “Issue”) of the Company will open on Monday, September 29, 2025, for subscription and close on Friday, October 3, 2025.
Investors can bid for a minimum of 111 Equity Shares and in multiples of 111 Equity Shares thereafter.
Equity shares outstanding as on date 3,18, 65, 400 Equity Shares of Rs 10 each
The IPO is a combination of fresh issue of Rs 24.43 crores and offer for sale of 72, 50,000 shares.
The proceeds from the fresh issue to the extent of Rs 17.14 crore will be funding the capital expenditure related to the acquisition of commercial vehicle and heavy equipment, and general corporate purposes.
The company is a 3PL (Third Party Logistics Provider) providing integrated service to its customers. Its services include international freight forwarding, customs clearance (CHA), vessel agency services, transportation service, warehousing, and distribution. The company delivers cost-effective, end-to-end logistics solutions, ensuring smooth operations and timely delivery for businesses around the world, no matter their location.
The company is also engaged in handling of project cargo, which is a specialized activity requiring detailed planning and technical expertise. The company serves as a trusted India-based agent, specializing in comprehensive import and export customs clearance services across all major air and seaports in the country.
And backed by over four decades of operational and handling expertise, the company seamlessly combines in-depth customs knowledge with advanced information technology. Committed to stringent compliance with customs regulations and quality standards, the company ensures minimal delays and reliable service for clients worldwide.
The company stays well-versed with the latest customs policies, procedures, and regulations, enabling the efficient clearance of consignments via sea, air, and road. This expertise allows them to deliver seamless, efficient, and compliant logistics solutions tailored to customer needs. (Source: CRISIL Report).
The company is a third-generation logistics service provider with a global presence, headquartered at Mumbai.
The company has expanded its presence, broadened the scope of our services, and enhanced its capabilities in the freight forwarding business.
The company has evolved into a full-scale logistics solutions provider, offering comprehensive end-to-end services across multiple modes of transport, including sea, air, road, and rail. Its services also extend to handling project cargo, a specialized activity that demands detailed planning and technical proficiency. The company’s project handling services include the design and execution of customized solutions tailored to meet specific customer requirements. It specializes in the transportation of high-value, specialized equipment for infrastructure projects, power plants, compressor stations, and more.
And these assignments are typically managed on a turnkey contract basis, ensuring seamless delivery from origin to destination using multiple modes of transport. The company’s comprehensive shipping and logistics solutions, specializing in the handling and transportation of over dimensional cargo (ODC), heavy lifts cargo, breakbulk cargo, sensitive cargo, and dry bulk cargo. (Source: CRISIL Report).
And in its cargo handling segment, the company provides handling and transportation, tailored to the specific requirements of each shipment, it provides specialized solutions for large and heavy cargo, non-containerized cargo, and sensitive items that require climate-controlled environments to prevent damage from saltwater, temperature fluctuations, and high humidity. Additionally, the company transports large, complex pieces of equipment and materials for specific projects, such as infrastructure and oil and gas ventures. As part of its logistics supply chain, the company offers transportation services for dry bulk cargo, including port-to-premise drop-offs and vice versa.
For the fiscal years ending 2025, 2024 and 2023, the company handled a total cargo volume of 66.86 MMTs, 66.78 MMTs and 21.06 MMTs, respectively. As on date, the company operates on a pan-India basis through an established network of twenty-eight branches and an extensive international reach, covering 800+ destinations through strategic tie-ups and partnerships with many global logistics providers. As a multimodal transport operator, the company provides seamless end-to-end freight solutions for export and import cargo via sea, road, rail, and air. Its integrated logistics services offer customers a single-window solution, eliminating the need for multiple service providers. And by leveraging its vast network and deep industry expertise, the company bridges geographical gaps, ensuring consistent, reliable, and cost-effective logistics solutions worldwide.
In Fiscal 2025, 2024, and 2023, the company served, 1,715, 1,662 and 1,664 customers, respectively, and these span multiple industries, including minerals, mining & steel, coal, oil & gas, energy & power, fast moving consumer goods (FMCG), and EPC & infrastructure.
The company’s revenue from operations was Rs 490.1 crore during FY25 vis-à-vis Rs 471.1 crore during FY 23.
Its net profit was Rs 21.9 crore during FY 25 vis-à-vis Rs 27.1 crore during FY23.
Smart Horizon Capital Advisors is the book-running lead managers; and Bigshare Services Private Limited is the registrar of the offer.
Smart Horizon Capital Advisors is the book-running lead managers; and Bigshare Services Private Limited is the registrar of the offer.
The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively.
OM FREIGHT FORWARDERS LIMITED is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus dated 22 September 2025, with the RoC. The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM i.e., Bigshare Services Private Limited at www.bigshareonline.com, the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at https://omfreight.com/. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section “Risk Factors” beginning on page 42 of the RHP. Potential investors should not rely on the DRHP for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.
The Equity Shares offered in the Issue have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the issue are being offered and sold only outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act (“Regulation S”).
No comments:
Post a Comment