Om Freight Forwarders Limited is a third-generation logistics and freight forwarding company headquartered in Mumbai, India, with more than four decades of industry expertise. The company operates across five continents and over 800 global destinations, supported by 28 domestic branches and a strong partner network of 15 logistics providers.
The company is ISO-certified and accredited by international organisations such as IATA, FIATA, WCA, GLPN, FFI, and MTO. Om Freight leverages advanced technology to deliver efficient solutions, offering paperless documentation, GPS-enabled tracking, and real-time shipment monitoring for its clients.
Om Freight provides end-to-end logistics and supply chain services, including:
- Customs clearance (air, sea, LCL, break bulk, bulk, ODC, super ODC)
- Freight forwarding (air, sea, LCL, break bulk, bulk, ODC, super ODC)
- Project and charter cargo services (aircraft, vessels, barges)
- Domestic transportation (road, rail, coastal shipping)
- Warehousing, distribution, and inventory management
- Specialized cargo handling, including bonded trucking, trans-shipping, cross-trade, and post-shipment support
The company has built significant operational capacity with a fleet of 152 commercial vehicles and heavy-duty equipment including trailers, cranes, forklifts, payloaders, tippers, and vessels. It handled 13.22 million metric tons (MMTS) of cargo in the first half of FY 2025, after moving 66.78 MMTS in FY 2024, 21.06 MMTS in FY 2023, and 16.13 MMTS in FY 2022.
As of September 30, 2024, Om Freight employed a skilled workforce of 771 employees, reinforcing its ability to manage complex logistics projects and serve a diverse client base across industries.
Om Freight Forwarders IPO – Details
| IPO Opening Date | 29 September 2025 |
| IPO Closing Date | 03 October 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 90,60,074 Shares Worth ₹122.31 Crore Fresh Issue: 18,10,074 Shares Worth ₹24.44 Crore Offer For Sale: 72,50,000 Shares Worth ₹97.88 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹128 – ₹135 per share |
| Market Lot | 111 Shares |
| Min Order | 111 Shares [ 1 Lot ] |
| Listing At | BSE, NSE |
| Register | Bigshare Services Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Om Freight Forwarders IPO – Date Schedule
| IPO Open Date | 29 September 2025 |
| IPO Close Date | 03 October 2025 |
| Basis of Allotment | 06 October 2025 |
| Initiation of Refund | 07 October 2025 |
| Credit of Shares to Demat Account | 07 October 2025 |
| IPO Listing Date | 08 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 03, 2025 |
Om Freight Forwarders IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 111 | ₹14,985 |
| Retail (Max) | 13 | 1,443 | ₹1,94,805 |
| S-HNI (Min) | 14 | 1,554 | ₹2,09,790 |
| S-HNI (Max) | 66 | 7,326 | ₹9,89,010 |
| B-HNI (Min) | 67 | 7,437 | ₹10,03,995 |
Competitive Strength
- End-to-end logistics services and solutions.
- Track record of high quality and efficient service delivery.
- Operational capabilities of our own fleet.
- Building long-term client relationships.
- Presence across diverse industry verticals.
- Skilled and experienced management team with relevant industry experience.
- Technological Integration.
Company Promoters
- Rahul Jagannath Joshi
- Jitendra Maganlal Joshi
- Harmesh Rahul Joshi
- Kamesh Rahul Joshi
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | ₹616.40 Cr | ₹604.71 Cr | ₹9.21 Cr | ₹11.71 Cr |
| 31 March 2023 | ₹493.35 Cr | ₹457.50 Cr | ₹27.16 Cr | ₹9.23 Cr |
| 31 March 2024 | ₹421.32 Cr | ₹407.84 Cr | ₹10.35 Cr | ₹26.17 Cr |
| 31 March 2025 | ₹494.05 Cr | ₹464.92 Cr | ₹21.99 Cr | ₹26.95 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 13.53% |
| ROCE | 15.80% |
| Debt/Equity | 0.17 |
| RoNW | 12.68% |
| PAT Margin | 4.49% |
| EBITDA Margin | 7.69% |
| Price to Book Value | 2.48 |
| Pre IPO | Post IPO | |
| EPS (₹) | 6.90 | 6.53 |
| P/E (x) | 19.56 | 20.67 |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Funding of the capital expenditure requirements of our company related to the acquisition of commercial vehicles and heavy equipment. | ₹17.15 |
| General corporate purposes. |
Om Freight Forwarders IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 10 | Tiger logistics (India) limited | 19.72 |
| 3 | 1 | Total Transport Systems Limited | 13.32 |
| 4 | 10 | AVG Logistics Limited | 16.15 |
| 5 | 10 | Patel Integrated Logistics Limited | 13.33 |
✅Strengths
- 40+ years legacy with global presence across 800+ destinations.
- Diversified services: freight forwarding, customs, warehousing, projects.
- ISO-certified; memberships with IATA, FIATA, WCA, GLPN, FFI, MTO.
- Tech-enabled operations: paperless documentation, GPS, real-time tracking.
- Strong asset base with 152 vehicles/equipment and 771 employees.
⚠️Risks
- Dependent on regulatory approvals and license renewals.
- Vulnerable to global trade fluctuations and freight rate volatility.
- Faces intense competition in fragmented logistics sector.
- Operational reliance on transport assets and third-party partners.
- Renewal delays in global memberships (e.g., FIATA) may affect network access.
Om Freight Forwarders IPO Promoter Holding
| Pre Issue Share Holding | 99.04% |
| Post Issue Share Holding | 72.09% |
Om Freight Forwarders IPO Prospectus
Company Contact Information
| Om Freight Forwarders Ltd. 101, Jayant Apts ‘A’ Wing, Opp, Sahar Cargo Complex, Sahar, Andheri East Mumbai, Maharashtra, 400099 Phone: 022 -680 99 999 Email: investors@omfreight.com Website: https://omfreight.com/ |
Om Freight Forwarders IPO Registrar
| Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Om Freight Forwarders IPO Lead Manager(s)
| 1. Smart Horizon Capital Advisors Private Limited |
Om Freight Forwarders IPO FAQs
| What is Om Freight Forwarders IPO? Om Freight Forwarders IPO is a main-board IPO. The issue is priced at ₹128 to ₹135 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will Om Freight Forwarders IPO open? The IPO is to open on 29 September 2025 for QIB, NII, and Retail Investors. |
| What is Om Freight Forwarders IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is Om Freight Forwarders IPO Size? Om Freight Forwarders IPO size is ₹122.31 Crore. |
| What is the Om Freight Forwarders IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 111 Shares with ₹14,985, while the maximum bid is 1443 Shares with ₹1,94,805. |
| What is the Om Freight Forwarders IPO Allotment Date? Om Freight Forwarders IPO allotment date is 06 October 2025. |
| What is the Om Freight Forwarders IPO Listing Date? Om Freight Forwarders IPO listing date is 08 October 2025. The IPO is to be listed on BSE and NSE. |
