According to market analysts, the stock is currently commanding a grey market premium (GMP) of 2.2% above its issue price. This suggests modest investor optimism in the unofficial market ahead of listing.
The IPO consists of two key components: a fresh issue of shares worth Rs 24.44 crore, which will infuse new capital into the company, and an offer for sale (OFS) amounting to Rs 97.88 crore, through which existing shareholders will sell a portion of their holdings. The price band for the issue is set between Rs 128 and Rs 135 per share, with a minimum application size of 111 shares, representing one lot.
Om Freight Forwarders IPO Subscription Status: Strong Demand Across Investor Categories
According to data available on the BSE, the Om Freight Forwarders IPO has been subscribed 2.56 times overall, indicating solid interest from investors across the board.
Breaking it down by category: Retail Individual Investors (RIIs) have subscribed to 1.32 times the allotted 43.60 lakh shares, showing steady participation from small investors.
Non-Institutional Investors (NIIs), which include high-net-worth individuals and other non-retail investors, showed strong demand by subscribing 5.13 times the 17.64 lakh shares reserved for them.
Qualified Institutional Buyers (QIBs), such as mutual funds and insurance companies, also showed robust interest, subscribing 3.95 times the 13.41 lakh shares allocated to them.
These figures suggest a well-rounded interest in the IPO, particularly strong among institutional and high-net-worth investors, which could be a positive indicator for the stock’s listing performance.
Om Freight Forwarders IPO GMP Today
According to market observers, Om Freight Forwarders’ stock is currently trading at a grey market premium (GMP) of 2.2%, suggesting potential listing gains of approximately Rs 3 per share over the issue price of Rs 135. Although the premium isn’t particularly large, analysts interpret this moderate GMP as a sign of measured investor optimism, especially in light of the crowded IPO market at the moment.
Om Freight Forwarders IPO Timeline
The initial public offering (IPO) of Om Freight Forwarders opened for subscription on September 29, 2025, and will remain open until October 3, 2025. After the bidding closes, the share allotment is tentatively scheduled for October 6, 2025 (Monday). The company’s shares are expected to be listed on the BSE and NSE on October 8, 2025 (Wednesday), subject to final approvals and regulatory timelines.
Business Snapshot
Om Freight Forwarders is a third-generation logistics company with a strong global presence, operating across five continents and more than 700 locations worldwide. It offers comprehensive end-to-end logistics solutions, including international freight forwarding, customs clearance, warehousing, charter services, and project logistics.
Domestic transportation
The company owns a fleet of 135 vehicles and operates equipment such as cranes, forklifts, and trailers, bolstered by partnerships with 22 logistics providers. In FY25, it handled cargo volumes of 66.86 million metric tons. Domestically, Om Freight operates 28 branches and, through its global alliances, serves over 800 international destinations.
Financial Overview
In FY25, Om Freight posted revenue of Rs 494.05 crore, reflecting a 17% year-on-year growth. The profit after tax (PAT) saw a significant rise, more than doubling to Rs 21.99 crore, up from Rs 10.35 crore in FY24. As of March 2025, the company’s net worth stood at Rs 173.47 crore, with a low debt-to-equity ratio of 0.17, indicating a strong and conservative financial position.
Use of IPO Proceeds
The proceeds from the fresh issue, totaling Rs 24.44 crore, will mainly be utilized for acquiring commercial vehicles and heavy equipment, with an allocation of Rs 17.15 crore. The remaining funds will be directed toward general corporate purposes. Additionally, the IPO includes an Offer for Sale (OFS) by existing shareholders valued at Rs 97.88 crore.
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