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OF

Om Freight Forwarders IPO

Listed MAINBOARD BSE, NSE · Logistics Solution Provider

Price Band

₹128.0–135.0

Issue Size

₹122.31 Cr

Lot Size

111 shares

Min Investment

₹14,985

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

₹-3.0 (-2.22%)

Issue Price

₹135.0

Om Freight Forwarders IPO AI Summary

  • Om Freight Forwarders IPO is listed on BSE, NSE in the Logistics Solution Provider sector.
  • Price band: ₹128.0–₹135.0 per share, lot size 111 shares (min. investment ₹14,985).
  • Subscription window: 29 Sep–03 Oct 2025, listing on 08 Oct 2025.
  • Current GMP is ₹-3.0 (-2.22%), an estimated listing price of ₹132 — unofficial and can change daily.

Om Freight Forwarders Limited is a logistics provider with a strong operational foundation and a focus on technology. The IPO aims to raise funds for expansion and operational efficiency, with a solid financial recovery observed in the latest fiscal year.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Om Freight Forwarders IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 03 Oct 2025 — not a current signal.

2 of 2 reviewers say Neutral

Neutral 25 Jul
Neutral 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Mon, 29 Sep 2025
IPO Close Date
Fri, 03 Oct 2025
Allotment Date
Mon, 06 Oct 2025
Refund Initiation
Tue, 07 Oct 2025
Credit of Shares
Tue, 07 Oct 2025
Listing Date
Wed, 08 Oct 2025
Listing Price
₹132.0 -2.22%

Subscription Status

Subscription data unavailable

Om Freight Forwarders IPO Grey Market Premium (GMP) Today

GMP

₹-3.0

GMP %

-2.22%

Est. Listing

₹132.0

Updated: 25 Jul 2026 14:15

About the Company

Incorporated in June 1995, Om Freight Forwarders Limited is a third-generation logistics company based in Mumbai, India. With over four decades of expertise, it operates across five continents, serving over 700 locations. Om Freight is ISO certified and holds memberships with organisations such as IATA, FIATA, WCA, GLPN, FFI, and MTO. The company emphasises technology integration, offering paper-free documentation, GPS tracking, and real-time shipment monitoring. The company offers international freight forwarding, customs clearance, vessel agency, transportation, warehousing, and distribution services. Services Offered: Customs clearance (air, sea, LCL, break bulk, bulk, ODC, super ODC) Freight forwarding (air, sea, LCL, break bulk, bulk, ODC, super ODC) Project and charter services (aircraft, vessels, barges) Nominated cargo Domestic transportation (road, rail, sea) Inventory warehousing and distribution Material handling services Additional services include bonded trucking, trans-shipping, cross trade, and post-shipment activities. In FY 2025, the company managed total cargo volumes of 66.86 million metric tons (MMTS). The company operates across India with twenty-eight branches and extensive international reach, covering 800+ destinations through strategic partnerships with global logistics providers. The company owns 135 commercial vehicles and equipment, including cranes, forklifts, trailers, payloaders, tippers, and vessels and has 22 logistic partners. Competitive Strengths End-to-end logistics services and solutions Track record of high quality and efficient service delivery Operational capabilities of own fleet Building long-term client relationships Presence across diverse industry verticals Skilled and experienced management team with relevant industry experience Technological Integration

Company Financials (₹ Cr)

As of 2025-03-31

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 312.02 268.84 305.18
Total Income 494.05 421.32 493.35
Profit After Tax 21.99 10.35 27.16
EBITDA 37.71 11.96 33.33
NET Worth 173.47 151.58 139.24
Total Borrowing 26.95 24.47 7.53

Key Ratios

EPS

₹6.90

NAV

₹54.44

ROE

13.53%

ROCE

15.80%

RoNW

12.68%

P/B Value

2.48

P/E Ratio

19.56

Market Cap

₹454.62 Cr

PAT Margin

4.49%

Debt/Equity

0.17

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Patel Integrated Logistics Ltd. 17.48 6.25% 13.33 1.13 1.13
AVG Logistics Limited 163.76 8.65% 16.15 15.01 15.01
Total Transport Systems Limited 51.76 10.56% 13.32 5.54 5.54
Tiger Logistics (india) Ltd 13.08 19.53% 19.72 2.56 2.56
Om Freight Forwarders Limited This IPO 54.44 12.68% — 6.9 6.9

Promoters

Rahul Jagannath Joshi, Jitendra Maganlal Joshi, Harmesh Rahul Joshi and Kamesh Rahul Joshi

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of the capital expenditure requirements of the company related to the acquisitionof commercial vehicleand heavy equipment 17.15 2 General Corporate Purposes 4.08 3 Issue Expenses 1.61 Total 22.84

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹493.35 Cr in the period ending 31 Mar 2023, slightly declining to ₹421.32 Cr by 31 Mar 2024, before rising again to ₹494.05 Cr by 31 Mar 2025. This indicates a recovery in revenue after a dip in the previous year.

Profit Trend

Profit After Tax was ₹27.16 Cr for the period ending 31 Mar 2023, decreasing to ₹10.35 Cr by 31 Mar 2024, and then increasing to ₹21.99 Cr by 31 Mar 2025. This shows a significant recovery in profitability in the most recent period.

Valuation

At the issue price of ₹135, Om Freight Forwarders has an implied P/E ratio of 19.56, compared to peers trading at a P/E range of 13.32 to 19.72.

Grey Market Premium, Explained

The Grey Market Premium (GMP) indicates the price at which an IPO is expected to trade in the grey market before its official listing. A positive GMP suggests strong demand, while a negative GMP indicates weaker demand.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market position, and financial health.

Who May Want to Wait

Investors who are risk-averse or prefer stable returns may want to avoid this IPO, especially if they are concerned about market fluctuations and the logistics sector's dynamics.

IPO Timeline, Explained

The IPO opens on 29th September 2025 and closes on 3rd October 2025. Allotment of shares will be done by 6th October 2025, with the listing date set for 8th October 2025.

Listing Gains — The Risk

Listing gains can be uncertain and are influenced by market conditions, investor sentiment, and the company's performance. It's important to consider that gains on the listing day are not guaranteed.

This evaluation is generated from Om Freight Forwarders's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Om Freight Forwarders IPO GMP today?

Om Freight Forwarders IPO GMP today is ₹-3.0 (-2.22%), indicating an estimated listing price of ₹132. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Om Freight Forwarders IPO?

The price band of Om Freight Forwarders IPO is ₹128.0–₹135.0 per share.

When does Om Freight Forwarders IPO open and close?

Om Freight Forwarders IPO opens on 29 September 2025 and closes on 03 October 2025.

When does Om Freight Forwarders IPO list on the stock exchange?

Om Freight Forwarders IPO listed on 08 October 2025 at ₹132.0.

What is the lot size for Om Freight Forwarders IPO?

The lot size for Om Freight Forwarders IPO is 111 shares, requiring a minimum investment of ₹14,985.

What is the lot size for this IPO?

The lot size for Om Freight Forwarders IPO is 111 shares.

What is the minimum investment required?

The minimum investment required is ₹14,985.

What is the price band for the IPO?

The price band for the IPO is between ₹128.0 and ₹135.0.

When is the listing date?

The listing date for the IPO is 8th October 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected price at which the shares will trade in the grey market before listing.

Issue Details

Issue Type MAINBOARD Book Built
Issue Size ₹122.31 Cr
Price Band ₹128.0 – ₹135.0
Issue Price ₹135.0
Lot Size 111 shares
Min Investment ₹14,985
Exchange BSE, NSE
Sector Logistics Solution Provider
Open Date 29 Sep 2025
Close Date 03 Oct 2025
Allotment 06 Oct 2025
Listing Date 08 Oct 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Smart Horizon Capital Advisors Pvt.Ltd.

IPO Timeline

Open

29 Sep 2025

Close

03 Oct 2025

Allotment

06 Oct 2025

Listing

08 Oct 2025

Community Sentiment

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