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HomeIPOOm Freight Forwarders

About Om Freight Forwarders

Founded in June 1995, Om Freight Forwarders Limited is a third-generation logistics firm headquartered in Mumbai, India. With more than four decades of experience, it has operations on five continents and services more than 700 destinations.Om Freight is an ISO-certified company and holds memberships of bodies like IATA, FIATA, WCA, GLPN, FFI, and MTO.Technology incorporation is the key focus area for the company, providing paperless documentation, GPS tracking, and monitoring of shipments in real-time.The firm provides international freight forwarding, customs clearance, vessel agency, transportation, warehousing, and distribution services.Services Provided: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 services (aircraft, vessels, barges)Nominated cargoDomestic transportation (road, rail, sea)Inventory warehousing and distributionMaterial handling servicesOther services are bonded trucking, trans-shipping, cross trade, and post-shipment activities.During the six months ended September 30, 2024, and for the fiscal years ended in 2024, 2023, and 2022, the company handled total cargo volumes of 13.22 million metric tons (MMTS), 66.78 MMTS, 21.06 MMTS, and 16.13 MMTS, respectively.The company has a presence across India with twenty-eight branches and widespread international reach spanning 800+ destinations through strategic alliances with world logistics providers.The firm owns 152 commercial vehicles and equipment, such as cranes, forklifts, trailers, payloaders, tippers, and vessels. It also has 15 logistics partners that provide vehicles and ancillary services.As of September 30, 2024, the company had 771 employees.

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National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
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Antala Industries logo

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SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
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National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Om Freight Forwarders

Om Freight Forwarders

Open Date

29 Sep 2025

Close Date

03 Oct 2025

listed

Min Investment

₹14985

Lot Size

11 Shares

Issue Size

₹122.31 Cr

Price Range

₹128 - ₹135

Listing Date

Oct 8, 2025

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RHP PDF

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

Grey Market Premium (GMP) Trend

Om Freight Forwarders IPO - Issue Objectives

The company will utilise up to ₹17.15 crore to acquire commercial vehicles & heavy equipment. Part of the IPO proceeds will be used for general corporate purposes.

Capital expenditure

70.1%

General corporate purposes

29.9%

1

Capital expenditure

The company will utilise up to ₹17.15 crore to acquire commercial vehicles & heavy equipment.

70.10%
2

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes.

29.90%

IPO Subscription Status

Total
3.88x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Om Freight Forwarders

In Cr.

Key Performance Indicator31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue494.05421.32493.35
EBITDA37.7111.9633.33
Expenses
Profit After Tax21.9910.3527.16
Assets312.02268.84305.18
Net Worth173.47151.58139.24
Reserves
Borrowing26.9524.477.53

Om Freight Forwarders - Promoter(s)

Om Freight Forwarders

Rahul Jagannath Joshi

Jitendra Maganlal Joshi

Harmesh Rahul Joshi

Kamesh Rahul Joshi

Pre Issue Share Holding

N/A

Post Issue Share Holding

N/A

About Strength & Risks

Why this IPO looks interesting

Key positives investors may want to consider before applying.

01

End-to-end solutions provider

The company offers a wide range of solutions, including transportation and distribution, warehousing, in-factory logistics and other value-added services. In domestic transportation, it offers short, medium and long-haul transportation as well as in-city distribution services. It also offers international freight forwarding services and multi-user warehousing services such as bonded and regular warehousing solutions.

02

Robust operational capabilities

The company's in-house logistics capabilities are robust, encompassing a wide range of specialised equipment to support efficient operations. This includes cranes, forklifts, trailers, payloaders, tippers, and vessels. It has a dedicated team of 134 equipment operators who are responsible for maintaining and ensuring the operational readiness of the fleet and equipment.

03

Diverse industry verticals

The company has a large client base of over 1,600 clients spanning various industry verticals. In FY25, minerals, mining and steel contributed 26.49% of the revenue, followed by EPC and infrastructure contributing 9.29%. Other Industries, including the aviation Industry, home appliances, furniture & fixtures and more, contributed a total of 33.56%.

What investors should watch closely

Risk factors and possible pressure points around the offer.

01

Revenue concentration

The company derives a significant portion of its revenue from operations from its top ten customers, contributing 40.39% of revenue, with its single largest customer contributing more than 11.60% in FY25. Loss of any of these customers or a reduction in purchases by any of them could adversely affect the business.

02

Geographical concentration

The company derives a significant portion of its revenue from customers located in Maharashtra, which contributed more than 85% of revenue from operations in FY25. Any adverse developments in this region, such as economic downturns, political instability, or natural disasters, could materially impact the revenue.

Registrar Contact Details

Bigshare Services Pvt Ltd

101, Jayant Apts ‘A’ Wing, Opp, Sahar Cargo Complex, Sahar, Andheri East Mumbai, Maharashtra, 400099

02268099999
68099999investors@omfreight.com
https://omfreight.com/

Om Freight Forwarders IPO - FAQs

Om Freight Forwarders IPO is a Mainboard IPO. The issue is priced at 128-135 per equity share. The minimum order quantity is 11 Shares. The IPO opens on 29 Sep, and closes on 3 Oct. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.









IPO Timeline

  • Pre Apply2025-09-26
  • Bidding Starts2025-09-29
  • Bidding Ends2025-10-03
  • Allotment Finalisation2025-10-06
  • Release of Funds2025-10-07
  • Demat Transfer2025-10-07
  • Listing2025-10-08
04

Long-standing customer relationships

The company has high contract renewal rates and derived 75.34%, 78.30% and 84.59% in FY25, FY24 and FY23, respectively. As of March 31, 2025, the company had relationships of over five years with 5 of its top 10 customers.

05

Efficient service delivery

The company has distinguished itself in the logistics services industry by delivering reliable solutions across all verticals, including freight forwarding, bulk cargo handling, over-dimensional cargo transport, and the management of goods.

03

Dependent on industry performance

The company is dependent on the performance of industries in which its customers operate and fluctuations such as Minerals, Mining & Steel, Electronics & Information Technology and more. The performance of such industries may result in a loss of customers, a decrease in the volume of work the company undertakes or the price at which it offers its services.

04

Third-party suppliers risk

The company’s operations rely significantly on various third-party service providers and vendors, including but not limited to shipping companies, commercial fleet vendors, port authorities, and local logistics service providers. Any failure or disruption in their services could potentially lead to operational delays and affect the overall business continuity.