Om Freight Forwarders shares plunges on listing day; check share price
Published on 08/10/2025 10:08 AM
Om Freight Forwarders IPO Listing: Shares of Om Freight Forwarders debuted on Dalal Street at a nearly 40 per cent discount to the issue price on Tuesday, October 8. The stock of the global logistics firm opened for trade at Rs 81.50 on the NSE and at Rs 82.50 on the BSE, translating to a discount of 39.63 per cent and 38.89 per cent to the issue price, respectively.
Overall, investors bid for 3.06 crore shares against the total 79.16 lakh shares on offer, with Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) subscribing 3.97 times, 7.39 times and 2.75 times, respectively.
In terms of shares, QIBs bid for 53.26 lakh shares, NIIs bid for 1.30 crore shares, and RIIs bid for 1.19 crore shares against their respective allotted portion.
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The Om Freight Forwarders IPO is a book-built issue of Rs 122.31 crore, comprising a fresh issue of Rs 24.44 crore and an offer-for-sale (OFS) of Rs 97.88 crore. The IPO has a four-day bidding window that closed on October 3, 2025. The company plans to utilise the IPO proceeds for capital expenditure and general corporate purposes.
The issue had 13.41 lakh shares, 17.64 lakh shares and 43.60 lakh shares reserved for the QIB, NII and RII categories, respectively.
Price band: Rs 128 to Rs 135 per share
Face value: Rs 10 per equity share
Subscription date: September 29 to October 3, 2025
Lot size: 111 shares, with a minimum application amount of Rs 14,985
Om Freight Forwarders Limited is a third-generation global logistics firm headquartered in Mumbai, India.
The company provides end-to-end logistics solutions, including freight forwarding, customs clearance, transportation, warehousing, and project cargo handling.
Financially, the company reported revenue of Rs 494.05 crore and profit after tax (PAT) of Rs 21.99 crore in FY25.
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