Shree OSFM E-Mobility Limited, previously known as Om Sai Fleet Management (India) Private Limited, is engaged in providing employee transportation services to large MNCs with a presence across major cities in India. The company has over 16+ years of experience in catering to the employee transportation needs of companies in IT/ITES, Aviation and other sectors.
Shree OSFM operates on an “asset light” engagement model. Typical operating parameters are on a monthly lease, per kilometer, per passenger trip, and package mode. The company has over 1475 fleets. This includes Small cars, Sedans, SUVs, Luxury Cars, and Buses of which 217 vehicles are owned by the company and the rest are leased from various vendors.
The company has offices in 42 sites in cities like Mumbai, Navi Mumbai, Pune, Bengaluru, and Kolkata. Shree OSFM E-Mobility’s clientele includes JP Morgan, Morgan Stanley, Cape Gemini, Accenture, etc.
Shree OSFM E-Mobility’s service portfolio includes:
- Travel Desk Management
- Roster Management Services
- Logistics for Corporate Events (MICE)
- Fleet Management
Shree OSFM E-Mobility IPO – Details
| IPO Opening Date | 14 December 2023 |
| IPO Closing Date | 18 December 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 37,84,000 Shares Worth ₹24.60 Crore Fresh Issue: 37,84,000 Shares Worth ₹24.60 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹65 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Shree OSFM E-Mobility IPO – Date Schedule
| IPO Open Date | 14 December 2023 |
| IPO Close Date | 18 December 2023 |
| Basis of Allotment | 19 December 2023 |
| Initiation of Refund | 20 December 2023 |
| Credit of Shares to Demat Account | 20 December 2023 |
| IPO Listing Date | 21 December 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Dec 18, 2023 |
Shree OSFM E-Mobility IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | 1,30,000 |
| Retail (Maximum) | 1 | 2000 | 1,30,000 |
| HNI (Minimum) | 2 | 4000 | 2,60,000 |
Company Promoters
- Ramnath Chandar Patil
- Nitin Bhagirath Shanbhag
Object Of The Issue
- Funding Additional Working capital requirements.
- Purchase of Passenger Vehicles.
- General Corporate Purpose.
- Offer Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 29.78 | 26.73 | 0.73 | – |
| 31 March 2022 | 30.79 | 27.18 | 1.62 | – |
| 31 March 2023 | 82.61 | 74.37 | 3.09 | – |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 22.08 |
| ROE | 0.09% |
| ROCE | 0.21% |
| Debt/Equity | 0.45 |
| EPS (Rs) | 2.94 |
| RoNW | 15.11% |
Shree OSFM E-Mobility IPO Promoter Holding
| Pre Issue Share Holding | 76.02% |
| Post Issue Share Holding | 55.88% |
Shree OSFM E-Mobility IPO Prospectus
Company Contact Information
| Shree OSFM E-Mobility Limited 104, Green Park, Plot No. 2 & 3, Sector 3, Opp. Ghansoli Rly Station, Ghansoli, New Mumbai – 400701 Phone: +91 22 27544431 Email: cs@shreeosfm.com Website: https://shreeosfm.com/ |
Shree OSFM E-Mobility IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Shree OSFM E-Mobility IPO Lead Manager(s)
| 1. First Overseas Capital Limited |
Shree OSFM E-Mobility IPO FAQs
| What is Shree OSFM E-Mobility IPO? Shree OSFM E-Mobility IPO is a SME IPO. The issue is priced at ₹65 per equity share. The IPO is to be listed on NSE SME. |
| When Shree OSFM E-Mobility IPO will open? The IPO is to open on 14 December 2023 for Retail – 50% and Other – 50% Investors. |
| How to Shree OSFM E-Mobility IPO? You can apply Shree OSFM E-Mobility IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Shree OSFM E-Mobility IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shree OSFM E-Mobility”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Shree OSFM E-Mobility IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shree OSFM E-Mobility”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Shree OSFM E-Mobility IPO Size? Shree OSFM E-Mobility IPO size is ₹24.60 crores. |
| What is Shree OSFM E-Mobility IPO Price Band? Shree OSFM E-Mobility IPO Price Band is ₹65. |
| What is Shree OSFM E-Mobility IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,30,000 amount while the maximum bid is 2000 shares with ₹1,30,000. |
| What is the Shree OSFM E-Mobility IPO Allotment Date? Shree OSFM E-Mobility IPO allotment date is 19 December 2023. |
| What is the Shree OSFM E-Mobility IPO Listing Date? Shree OSFM E-Mobility IPO listing date is 21 December 2023. The IPO is to list on NSE SME. |
