Om Freight Forwarders Ltd Logo

Om Freight Forwarders Ltd IPO

BSELot: 111

LISTEDMAINBOARD
Issue Price135
Listing81.5
Current91.85
Price Band
128 - ₹135
Lot Size
111
Issue Size
₹122.31 Cr
GMP
0
Subscription
1.39x

IPO Schedule

1
Open
29 Sept
2
Close
3 Oct
3
Allotment
6 Oct
4
Listing
8 Oct

About Om Freight Forwarders Ltd

Om Freight Forwarders Ltd is engaged in the business of providing integrated logistics solutions, including freight forwarding, customs clearance, transportation, and warehousing services. They cater to a diverse range of industries, facilitating the movement of goods across various geographies.

Subscription Status

QIB
1.10x
NII
4.03x
Retail
0.55x
CategoryDay 4Day 3Day 2Day 1
QIB3.97x3.95x3.95x1.10x
NII7.39x5.13x4.70x4.03x
Retail2.77x1.34x0.93x0.55x
Total3.88x2.57x2.24x1.39x

Risk Factors

Dependence on economic conditions and global trade flows.
Intense competition from established players and new entrants.
Fluctuations in fuel prices and transportation costs.
Regulatory changes and compliance requirements in different countries.

Promoters & Management

The key members of the management team are: Rahul Jagannath Joshi: Chairman and Managing Director. Jitendra Maganlal Joshi: Executive Director. Sanjiv Prabhashankar Joshi: Executive Director. Harmesh Rahul Joshi: Executive Director. Kamesh Rahul Joshi: Executive Director. Pankaj Premji Mav: Chief Financial Officer. Hiren Khimji Bhanushali: Company Secretary and Compliance Officer. Rahul Jagannath Joshi has been associated with the Company since Incorporation and has more than 29 years' experience in Freight Forwarding Services. Jitendra Maganlal Joshi has been associated with the Company since Incorporation and has an experience of more than 29 years in our company. Sanjiv Prabhashankar Joshi has been associated with the Company since 1996 and has an experience of more than 28 years in our company. Harmesh Rahul Joshi has been on the Board of our Company since May 09, 2016 and he has experience of more than 8 years in our Company. Kamesh Rahul Joshi has been on the Board of our Company since April 10, 2007, and has an experience of more than 17 years in our Company. Pankaj Premji Mav has over 20 years of experience in field of Accounts and Finance. Hiren Khimji Bhanushali has around six years of experience in corporate secretarial and compliance.