Om Freight Forwarders Limited IPO Details

Mumbai-based logistics firm Om Freight Forwarders Limited has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise capital through a mainboard IPO. The offering includes a fresh issue of equity shares and an offer-for-sale by promoters, aimed at funding fleet expansion and meeting corporate needs.

IPO Offer Structure

Fresh Issue

• Amount: ₹25 crore
• Purpose: Funding capital expenditure for commercial vehicle and heavy equipment acquisition, and general corporate uses.

Offer-for-Sale (OFS)

• Up to 7,250,000 equity shares on offer, valued at a face value of ₹10 each.
• Shares to be sold by promoters Rahul Jagannath Joshi, Harmesh Rahul Joshi, and Kamesh Rahul Joshi.

Allocation Breakdown

• Qualified Institutional Buyers (QIBs): Up to 50%
• Non-Institutional Investors (NIIs/HNI): At least 15%
• Retail Investors (RIIs): At least 35%

Lead Manager & Registrar

• Book Running Lead Manager: Smart Horizon Capital Advisors Pvt. Ltd.
• Registrar: Bigshare Services Pvt. Ltd, contactable via [email or phone].

Company Overview & Business Operations

• Founded: 1995; third-generation family-owned logistics provider headquartered in Mumbai.
• Services: End-to-end logistics across sea, air, road, and rail, including warehousing and customs clearance. Accredited with MTO, IATA, FIATA.
• Network: Over 28 branches in India; global reach across more than 700 destinations through tie-ups.

Financial Snapshot

• H1 FY25: Revenue of ₹250.29 crore; PAT of ₹13.22 crore.
• Annualised FY25: Revenue ₹500.40 crore; EBITDA ₹4 crore; PAT ₹26.40 crore.
  • EBITDA margin: 0.80%
  • PAT margin: 5.28%
  • Net worth: ₹164.70 crore
  • Debt-to-equity ratio: 0.17.

Sector Context & IPO Purpose

The Indian logistics sector contributes about 13–14% to GDP and supports industries such as manufacturing, agriculture, retail, and e-commerce. Proceeds from the fresh issue will be used to expand the commercial fleet and strengthen the company’s logistics infrastructure.

IPO Timeline & Listing Details

As per the DRHP filing in April 2025, key dates, including bidding window, listing date, and price band, are yet to be announced. The IPO will be listed on both the BSE and NSE.

The Om Freight Forwarders Limited IPO combines ₹25 crore in fresh issuance with a substantial promoter-led offer-for-sale. Positioned in the growing logistics sector, the company presents a mix of capital growth and exit opportunities. Key financial metrics reflect early-stage profitability, while allocation quotas favour retail investors. Investors should await final IPO dates and pricing before making informed decisions.

Tags: Om Freight Forwarders IPO, logistics IPO, fresh issue details, threat-of-sale IPO, retail quota IPO, Indian logistics sector, IPO financials, upcoming IPOs 2025