As global supply chains get more complicated, the freight forwarding sector plays a major role in international commerce. This important industry, worth about USD 155 billion in 2024 and expected to grow at about 4.9% annually until 2035, continues to rise with the growth of worldwide trade.
Now, Om Freight Forwarders, a big name that handles these worldwide shipments, is going public with an IPO worth ₹122.31 crore. This gives an opportunity for investors to own a part of the engine that powers global trade. We’ll break down all the important details of Om Freight Forwarders IPO review, from the IPO dates, price band and more.
Om Freight Forwarders IPO Details
The core figures of the Om Freight Forwarders IPO review, including price, lot size, and listing plans are as follows:
| IPO opening date | 29th Sep 2025 |
| IPO closing date | 3rd Oct 2025 |
| Face value | ₹10 per equity share |
| Price bank | ₹128 to ₹135 per share |
| Issue price | ₹135 per share |
| IPO lot size | 111 shares |
| Sale type | Fresh Issue + Offer for Sale |
| Fresh issue | 18,10,074 shares (collectively valued up to ₹24.44Cr) |
| Offer for sale | 72,50,000 shares (collectively valued up to ₹97.88Cr) |
| Issue type | Bookbuilding IPO |
| Listing at | BSE, NSE |
| Total issue size | 90,60,074 shares (collectively valued up to ₹122.31Cr) |
| Reserved for market maker | Undisclosed |
| Net offeree to public | 90,60,074 shares (collectively valued approx ₹122.31Cr) |
| Minimum investment | ₹14,985 (111 shares) |
| Retail discount | Undisclosed |
Om Freight Forwarders IPO Timeline
Here’s a rundown of all the major dates related to the Om Freight Forwarders IPO analysis, from opening to listing and share transfer.
| IPO open date | 29 September 2025 |
| IPO close date | 3 October 2025 |
| Provisional allotment | 6 October 2025 |
| Refund processing | 7 October 2025 |
| Transfer of shares into demat | 7 October 2025 |
| IPO listing | 8 October 2025 |
| Discontinuation date for UPI request validation | 03 October, 2025 (3 PM) |
Om Freight Forwarders Grey Market Premium (GMP Today)
The grey-market premium showcases early interest and the probable listing valuation of Om Freight Forwarders stock before they reach stock exchanges.
Current numbers for Om Freight Forwarders IPO GMP today are:
| Date | GMP (₹) | Estimated listing price |
| 29 Sep 2025 (12:29 PM) | ₹11 | ₹146 (8.15%) |
Om Freight Forwarders IPO Reservation
This table shows how the shares of Om Freight Forwarders IPO are allocated among different investor categories, including retail, HNI, QIB, and employees.
| QIB shares offered | 43,04,985 (47.52%) |
| NII (HNI) shares offered | 12,91,495 (14.25%) |
| Retail shares offered | 30,13,489 (33.26%) |
| Employee shares offered | 4,50,105 (4.97%) |
| Total shares offered | 90,60,074 (100.00%) |
Om Freight Forwarders IPO Core Performance Indicator
An overview outlining the company’s fiscal position, profitability trends, and important performance measures across the recent three fiscal periods is shared below.
| Indicator | FY23 | FY24 | FY25 |
| RoE (%) | 21.63 | 7.11 | 13.53 |
| RoCE (%) | 35.46 | 9.72 | 15.80 |
| Debt to equity ratio | 0.07 | 0.17 | 0.17 |
| RoNW (%) | 19.50 | 6.82 | 12.68 |
| PAT Margin (%) | 5.76 | 2.52 | 4.49 |
| EBITDA Margin (%) | 7.07 | 2.91 | 7.69 |
| NAV per share (₹) | 43.70 | 47.57 | 54.44 |
| EPS (Basic & Diluted) (₹) | 8.52 | 3.25 | 6.90 |
Om Freight Forwarders IPO Financials
Consolidated financial summary showing revenue, assets, and profit trends for the company is:
| (in ₹ lakhs) | 2023 | 2024 | 2025 |
| Revenue from Operations | 47,113.8 | 41,050.1 | 49,013.7 |
| Total Assets | 30,517.8 | 26,884.4 | 31,202.4 |
| Profit After Tax | 2,715.8 | 1,034.5 | 2,199.0 |
Om Freight Forwarders IPO Lot Size
The breakdown of the minimum and maximum application requirements for different investor categories for the Om Freight Forwarders IPO looks something like:
| Investor category | Minimum application |
| Retail (Min) | 1 lot (111 shares, ₹14,985) |
| Retail (Max) | 13 lots (1,443 shares, ₹1,94,805) |
| S-HNI (Min) | 14 lots (1,554 shares, ₹2,09,790) |
| B-HNI (Min) | 67 lots (7,437 shares, ₹10,03,995) |
Om Freight Forwarders IPO Promoter Holding
Given below is the percentage of promoter ownership before and after the IPO, reflecting changes in shareholding post-issue:
| Percentage | |
| Promoter Holding Pre-Issue | 99.04% |
| Promoter Holding Post-Issue | 72.09% |
Om Freight Forwarders IPO Anchor Investors Details
Anchor investors get priority allocation before the public issue; this table discusses the bid date, number of shares offered, and the investment amount reserved for them. The specified anchor quota for the Om Freight Forwarders IPO is.
| Bid date | 26th September 2025 |
| Shares offered | 11,77,710 |
| Anchor portion size (In Cr.) | ₹15.90 |
Om Freight Forwarders IPO Prospectus
Official documents and filings providing complete details about the IPO include:
About Om Freight Forwarders IPO
Om Freight Forwarders Limited, set up over forty years earlier by the late Jagannath V. Joshi, is a renowned third-generation worldwide logistics organisation. Rahul J. Joshi is the current Managing Director. The parent organisation includes Oscar Freight Pvt. Ltd. and other entities. The company delivers customs processing, air and ocean freight solutions, warehousing facilities, distribution services, door-to-door logistics, and cargo supervision at major Indian ports. With extensive experience and a strong global network, it handles over 8000 TEUs for 50+ corporate clients, focusing on innovation and customer satisfaction
Objectives of the Om Freight Forwarders IPO
The funds raised from this IPO are planned to be used for following purposes:
| Purpose | Allocation (₹ in Crores) |
| Funding for capital investment needs through acquisition of commercial vehicles and heavy equipment | ₹17.15 |
| General corporate purposes | Balance |
Strength Of Om Freight Forwarders IPO
Om Freight Forwarders stands out for its strong operational setup, client base, and technology-driven logistics solutions:
- End-to-end logistics services and solutions: The company provides a wide range of integrated logistics solutions, including transportation, warehousing, and freight forwarding, enhancing time and cost efficiency for clients.
- Track record of quality and efficiency: With certifications like ISO 9001:2015, the company maintains standardised, high-quality service levels, building a strong reputation since its inception in 1995.
- Operational capabilities of its own fleet: Owning 135 vehicles and equipment, including a general cargo vessel, cranes, forklifts, and trailers, ensures robust in-house logistical capabilities.
- Long-term client relationships: High contract renewal rates and relationships over five years with half of its top 10 customers; in FY25, 75.34% of revenue came from existing clients.
- Presence across diverse industry verticals: Serving sectors like minerals, steel, energy, FMCG, and EPC, the company leverages cross-industry knowledge and operational experience.
- Skilled and experienced management team: Promoters and senior management have extensive logistics industry experience, aiding business growth and strategy execution.
- Technological integration: Investments in ERP and technology allow real-time tracking, end-to-end visibility, and optimised supply chain solutions for clients.
Risk of Om Freight Forwarders IPO
Investors should consider several potential risks associated with Om Freight Forwarders’ business operations:
- High client concentration: Top 10 clients contributed 40.39% of revenue in FY25; losing any could impact business performance.
- Geographic concentration: Maharashtra contributed 88.73% of revenue in FY25; regional setbacks could affect overall financials.
- Dependence on customer industries: Business performance is linked to sectors like Minerals, Mining & Steel, and EPC; downturns could reduce demand.
- Revenue and profitability fluctuations: Revenue fell 12.87% from FY23 to FY24 due to industry slowdown and geopolitical issues.
- Dependence on third-party service providers: Any disruption from logistics vendors could lead to operational delays and affect service delivery.
- Bad cash flows: Investing activities showed negative cash flows of ₹462.01 million in FY25 and ₹494.71 million in FY24, which may affect expansion and operations if sustained.
- Active legal proceedings: Workplace accidents, such as a fatal case at Mormugao Port, could result in legal liabilities and reputational risks.
- No long-term agreements with shipping lines: Dependence on relationships rather than formal contracts could risk vessel availability or cost increases.
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Om Freight Forwarders IPO FAQs
The Om Freight Forwarders IPO is a mainboard public offering by the Mumbai-based logistics firm established in 1995. The IPO aims to raise ₹122.31 crore through a book-building process, including a fresh issue of ₹24.44 crore and an offer for sale of ₹97.88 crore. The price band is ₹128 to ₹135 per share.
Investors can apply through Zerodha by logging into Kite, navigating to the IPO section under the portfolio tab, selecting Om Freight Forwarders IPO, entering the UPI ID, bid quantity, and price. After submitting the application, investors must accept the UPI mandate via their payment app before the closing date.
The IPO opens on September 29, 2025, and closes on October 3, 2025. Investors can place bids during this period within market hours to participate in the issue. The allotment process begins after the closing date.
The minimum lot size for the IPO is 111 shares, requiring a minimum investment of approximately ₹14,985 at the upper price band of ₹135 per share. Investors can apply for multiple lots in increments of 111 shares, making it accessible for retail participation.
Applications can be submitted online via bank net banking using ASBA or through brokers like Zerodha with UPI-enabled bidding. Investors select the IPO, enter required bid details and quantity, submit their bids, and authorise payment via UPI before the closing date on October 3, 2025.
The allotment is expected to be finalised on October 6, 2025. Investors can check the allotment status on registrar websites like Bigshare Services Pvt Ltd or their broker platforms starting the same day. Refunds for unsuccessful bids generally begin on October 7, with shares credited to Demat accounts once allotted.
The listing is scheduled for October 8, 2025, on the NSE and BSE stock exchanges. After allotment and refunds are processed, the shares will be credited to investors’ demat accounts for trading to begin on this date.
