The Initial Public Offering (IPO) of Om Freight Forwarders Limited, a third-generation integrated logistics solutions provider, closed today, October 3, 2025, after receiving robust investor interest. The company, which has been in the logistics business for decades, saw its ₹122 crore issue oversubscribed more than three times by the close of bidding. With the subscription window now shut, attention is turning towards the allotment process and the expected listing price, which is being guided by the Grey Market Premium (GMP).
The company has built its reputation in freight forwarding, customs clearance, and warehousing services, and the IPO was widely watched by both institutional and retail investors.
Om Freight Forwarders IPO Final Subscription Status
As of the final bidding data, the IPO was subscribed 3.06 times overall, reflecting solid investor confidence. The issue comprised a fresh issue of shares worth ₹24.44 crore along with an Offer for Sale (OFS) of ₹97.88 crore from existing shareholders.
Here are the key subscription highlights:
- Qualified Institutional Buyers (QIBs): The QIB portion was in high demand, closing at nearly 3.95 times subscription, indicating strong support from mutual funds, banks, and financial institutions.
- Non-Institutional Investors (NIIs/HNIs): The NII category was the most active, oversubscribed by about 5.70 times, showing heavy interest from high-net-worth investors.
- Retail Investors (RIIs): The retail quota also performed well, reaching 1.91 times subscription, meaning ordinary investors showed decent participation despite market volatility.
The oversubscription, particularly in institutional and HNI categories, signals confidence in the company’s financial performance and future growth potential.
Grey Market Premium Om Freight Forwarders IPO
Another key indicator investors watch during IPOs is the Grey Market Premium (GMP). For Om Freight Forwarders, the GMP currently stands at around ₹7 per share, suggesting a possible premium on listing day.
- IPO Price Band: ₹128 to ₹135 per share
- GMP Today: ₹7 per share
- Estimated Listing Price: Around ₹142 (₹135 + ₹7)
- Expected Listing Gain: Roughly 5.19%
Interestingly, the GMP has been volatile since the IPO opened. It began around ₹11 per share but gradually cooled to ₹7 in the final days. Analysts note that while the premium isn’t very high, it still indicates a positive but modest listing gain for early investors.
Company Background and Financial Performance
Om Freight Forwarders is a third-party logistics (3PL) provider with a global presence across five continents. The company offers end-to-end solutions in international freight forwarding, customs clearance, warehousing, and supply chain management.
The company’s latest financials have been a major attraction for investors:
- Revenue FY25: ₹494.05 crore (up 17% year-on-year)
- Profit After Tax (PAT): ₹21.99 crore (more than double the previous year)
- Debt-to-Equity Ratio: Low, reflecting a conservative financial structure
One of the biggest strengths of Om Freight Forwarders is its “asset-right” model, which means it does not heavily rely on owning physical assets like warehouses or fleets. Instead, it balances ownership with partnerships, which keeps its debt levels low while maintaining flexibility.
The funds raised from the fresh issue portion (₹24.44 crore) are earmarked for the purchase of commercial vehicles and heavy equipment to expand service capacity and improve operational efficiency.
Key Om Freight Forwarders IPO Timeline and Market Expectations
Investors who applied for the issue can now look forward to the next big event—the allotment of shares. The tentative timeline is as follows:
- IPO Close Date: October 3, 2025
- Tentative Allotment Date: October 6, 2025
- Tentative Listing Date: October 8, 2025
- Exchanges for Listing: BSE and NSE
Analysts believe that while the listing may not see massive gains due to the moderate GMP, the company’s long-term potential in the logistics sector remains strong. With global trade volumes rising and the demand for integrated logistics solutions increasing, Om Freight Forwarders could be well-positioned for sustainable growth.
Conclusion
The Om Freight Forwarders IPO has closed on a strong note, oversubscribed more than three times overall. Institutional and HNI investors have shown particularly high interest, and the Grey Market Premium suggests a moderate listing gain. Backed by solid financial performance, global presence, and a strategic expansion plan, the company is now gearing up for its stock market debut. Investors and analysts alike will be watching closely when the shares list on October 8, 2025, to see if the optimism translates into actual market performance.
F.A.Q.
– What is the issue size of the Om Freight Forwarders IPO?
The IPO size is around ₹122.31 crore, which includes a fresh issue of ₹24.44 crore and an Offer for Sale (OFS) of ₹97.88 crore.
– How much was the Om Freight Forwarders IPO subscribed?
The IPO was subscribed 3.06 times overall. QIBs subscribed 3.95x, NIIs 5.70x, and retail investors 1.91x.
– What is the Grey Market Premium (GMP) of Om Freight Forwarders IPO today?
The current GMP is around ₹7 per share, suggesting a possible listing price of about ₹142, which is a modest gain of 5.19% over the issue price.
– When will the IPO allotment and listing take place?
The tentative allotment date is October 6, 2025, and the shares are expected to be listed on October 8, 2025, on both BSE and NSE.
– What will the company use the IPO proceeds for?
The fresh issue proceeds will mainly be used for purchasing commercial vehicles and heavy equipment to expand logistics services and improve operational capacity.
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