Om Freight Forwarders IPO Date, Review, Price and Key Information

Om Freight Forwarders Limited IPO is fully book build issue and total IPO size is ₹25 crores. The entire share offering is a fresh issue worth ₹25 crores.

The dates for the Om Freight Forwarders Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Om Freight Forwarders Limited IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Om Freight Forwarders Limited IPO has not been announced yet.

Registrar for this IPO is Bigshare Services Private Limited and lead managers for Om Freight Forwarders Limited IPO are Smart Horizon Capital Advisors Private Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹10 Per Equity Share
Total Issue Size	7,250,000 Shares + ₹25 Crores
Fresh Issue	₹25.00 Crores
OFS Issue	7,250,000 Shares
Issue Type	Fresh Issue and Offer for Sale
Listing At	BSE, NSE

Share Reservation

Investor Category	Shares Offered
QIB	50%
Retail	35%
NII/HNI	15%

About Om Freight Forwarders Limited Company

The government prioritizes efficient cargo movement by linking industrial hubs to transport nodes through Dedicated Freight Corridors (DFCs). Completion of the Eastern and Western DFCs is prioritized for high-speed freight transport. The Amrit Bharat Station Scheme aims to modernise railway stations nationwide, enhancing passenger amenities and promoting energy efficiency.

The National Logistics Policy (NLP) focuses on reducing logistics costs from 14-16% of GDP to a global benchmark of 8-10%, with railways playing a crucial role through multimodal logistics parks. There's an ambitious target to electrify 100% of the railway network by 2030 and promote renewable energy for station operations.

Freight incentive schemes like the General Purpose Wagon Investment Scheme (GPWIS) and long-term tariff agreements are in place. Private sector participation is boosted through liberalised freight policies and PPP initiatives for terminal development. The roads sector continues to see strong capex momentum with a projected growth of 10-12% in fiscal 2025. Project awards are expected to increase with a revised financing plan.

Sluggish road construction in fiscal 2024 is expected to revive with the launch of PMGSY-4 and with favourable changes in the build -operate -transfer (BOT) and hybrid annuity model (HAM) agreements.

Om Freight Forwarders Limited Financial Details

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	283.43	268.84	305.18	459.32
Revenue	250.29	410.50	471.14	592.50
Profit After Tax	13.22	10.35	27.16	9.21
Net Worth	164.72	151.58	139.24	111.83
Reserves and Surplus	132.85	151.47	139.13	111.71
Total Borrowing	28.08	24.47	7.53	10.19

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
3.25	6.82%	47.57

Offer Objectives

The offer includes a fresh issue of equity shares with a face value of ₹10 each, aggregating up to ₹25 crore, and an offer for sale (OFS) of up to 7,250,000 equity shares. The company will not receive any proceeds from the OFS.

Promoter Selling Shareholders: The OFS involves the following:

Rahul Jagannath Joshi: Up to 3,987,500 Equity Shares.
Harmesh Rahul Joshi: Up to 2,537,500 Equity Shares.
Kamesh Rahul Joshi: Up to 725,000 Equity Shares.

Fresh Issue Proceeds: The net proceeds from the fresh issue will be utilized for:

Funding the capital expenditure requirements related to the acquisition of commercial vehicles and heavy equipment.
General corporate purposes, not exceeding 25% of the gross proceeds.

Fund Deployment: ₹16.643 crore is allocated to the acquisition of commercial vehicles and heavy equipment, with the remainder assigned to general corporate purposes.

Any unutilized net proceeds will not be directly or indirectly routed to the Promoters, Promoter Group, Group Companies, or associates. The listing of Equity Shares on the Stock Exchanges is expected to bring additional benefits to the Company.