Om Freight Forwarders made its stock market debut on October 8, marking a notable entry on both the NSE and BSE. The listing drew attention due to its discounted debut compared to the IPO price, despite strong subscription in the primary market.
Market Performance: Listing Details
The shares of Om Freight Forwarders were listed at a significant discount to their issue price:
- NSE Listing Price: Rs 81.50 per share (approx. 39.63% below IPO price)
- BSE Listing Price: Rs 82.50 per share (approx. 38.89% below IPO price)
- Post-Listing Market Capitalization: Rs 277.82 crore
The listing reflects the market’s initial sentiment towards the stock on its debut day.
Main News: IPO Subscription and Structure
Om Freight Forwarders’ IPO saw active participation during its subscription window from September 29 to October 3, with the issue being 3.87 times subscribed overall.
Key details of the IPO:
- Total Issue Size: 122.3 crore
- Fresh Issue Component: Up to Rs 24.43 crore
- Offer for Sale (OFS): Up to 72,50,000 shares
- Price Band: Rs 128 – 135 per share
The IPO structure included both a fresh issue and an offer for sale, catering to a wide range of investors.
Company Details: Business Overview
Om Freight Forwarders Ltd operates in the logistics and freight forwarding sector. The company offers end-to-end solutions for freight movement, catering to diverse industries across India.
The IPO proceeds are aimed at strengthening the company’s operational capabilities and supporting general corporate purposes.
Summary: Key Takeaways
- IPO Type: Fresh issue and Offer for Sale (OFS)
- Price Band: Rs 128 – 135 per share
- Listing Date: October 8, 2025
- NSE Listing: Rs 81.50 per share (discount 39.63%)
- BSE Listing: Rs 82.50 per share (discount 38.89%)
- Market Cap Post Listing: Rs 277.82 crore
- Subscription: 3.87 times
Om Freight Forwarders’ market debut highlights the initial pricing response and sets the stage for its performance in the stock market.
