| Price | Lot Size | Issue Date | Issue Size |
|---|---|---|---|
| ₹ 128 to ₹135 | 111 | 29th Sep, 2025 –03rd Oct, 2025 | ₹120 Cr |
Om Freight Forwarders Ltd
OmFreight Forwarders Limited (OFFL) is a third-generation integrated logistics solutions provider, Headquartered in Mumbai, with its operations consolidated under the current brands since 1995.Over the years, the company has evolved into a full-scale third-party logistics (3PL) service provider, offering end-to-end multimodal solutions spanning sea, air, road, and rail. Its comprehensive portfolio includes international freight forwarding, customs clearance, vessel agency services, warehousing, distribution, and project logistics, allowing customers to engage with a single partner for their entire supply chain. A key area of expertise for OFF Lliesin handling complex and specialized cargoes such as over dimensional (ODC),heavy-lift, breakbulk, sensitive, and dry bulk cargo.The company has successfully managed transportation of high-value and large-scale equipment for sectors including infrastructure, power,oil&gas, and mining, often on a key contract basis. In FY25, FY24, and FY23, it handled cargo volumes of 66.86MMT, 66.78MMT, and 21.06MMT, respectively, demonstrating strong operational capability and scalability. The company operates through a domestic network of 28 branches across India and maintains an international reach spanning more than 800 destinations through alliances with global logistics providers. Its operations follow a hybrid asset strategy, combining 135o owned vehicles and equipment, including trailers, cranes, forklifts, payloaders, tippers, and vessels, with services from 22 logistics partners who supply additional vehicles and resources as required. In FY25, OFFL served over 1,700 customers across diverse industries, including minerals, steel, coal, oil and gas, energy, FMCG, and EPC and infrastructure. Thecompany’s service portfolio covers multimodal transportationviasea, air, road, andrail, supportedby integratedofferings that include freight forwarding, customs clearance, warehousing, distribution, vessel agency, andproject cargo handling.
Objective of the Om Freight Forwarders Ltd IPO
The company proposes to utilise net proceeds from the issue towards the following objects:
- Funding of capital expenditure requirements of the company related to the acquisition of commercial vehicle and heavy equipment;
- General corporate purposes.
- the total issue size of Rs. 1,223 million, Rs. 979 million comprises OFS
Rationale To Om Freight Forwarders Ltd IPO
Proven track record and diversified client base to strengthen competitive edge
The company combines a long-standing track record in logistics with robust operational standards, validated through ISO certifications in quality (ISO 9001:2015), environmental management (ISO 14001:2015), and occupational health & safety (ISO 45001:2018). The company’s strong customer relationships underpin revenue stability, with over 75% of FY25 revenues coming from repeat clients and several top customers having partnerships exceeding five years. At the same time, OFFL continues to expand its client base, adding 890 new customers in FY25 alone, demonstrating its ability to scale across industries and geographies. While a significant portion of its business comes from minerals, mining, and steel, the company is strategically targeting high-growth sectors such as FMCG, automotive, and oil & gas, offering tailored solutions to diversify its revenue streams. Together, these factors of operational excellence, sticky customer relationships, consistent client acquisition, and targeted sectoral diversification position OFFL to sustain growth and enhance its competitive standing in the logistics industry
Strategic infrastructure expansion and technology integration to drive operational
efficiency and margin growth
OFFL has established a robust in-house logistics infrastructure, underpinned by a diverse fleet of specialized equipment, including cranes, forklifts, trailers, payloaders, tippers, and vessels. As of March 31, 2025, a dedicated team of 134 skilled equipment operators ensures operational readiness, minimizing downtime and maximizing asset performance. The company’s vessel and earthmoving equipment fleets are strategically deployed to handle general cargo, dry bulk commodities, over-dimensional loads, and intra-warehouse transport efficiently, supporting a broad spectrum of client requirements. Technology is a key enabler of OFFL’s operations. The company has invested significantly in advanced logistics and supply chain solutions, including real-time vehicle tracking, end-to-end visibility, route optimisation, inventory management, and integrated client systems. These technological capabilities allow OFFL to enhance operational efficiency, maintain fiscal controls, optimise transit times, and reduce costs, thereby improving client service levels. The company has also developed in-house expertise in areas such as solution consulting, predictive analytics, and infrastructure management to support continued innovation. To strengthen its pan-India logistics network and capture growing demand, OFFL is setting up an additional large-format, multi-user warehouse in Bhiwandi, Maharashtra. Strategically located near the Mumbai Nashik Express Highway, the facility will expand storage capacity, reduce reliance on third-party warehousing, lower operational costs, enhance inventory control, and improve supply chain visibility. Integrated automation and data analytics will further optimise warehouse operations, enabling faster turnaround and higher utilisation rates, while providing scalable value-added services.
Valuation of Om Freight Forwarders Ltd IPO
OFFL serve as a trusted India-based agent, specialising in comprehensive import and export customs clearance services across all major air and seaports in the country. Backed by over four decades of operational and handling expertise, the company seamlessly combines in-depth customs knowledge with advanced information technology. Leveraging its extensive experience and established presence across India’s major ports, OFFL is well positioned to benefit from the expanding trade volumes, increased industrial activity, and growing demand for organised logistics services. OFFL’s ongoing investments in technology enable end-to-end visibility, faster decision-making, and cost optimisation. This technological edge positions the company to serve large clients in high-growth sectors such as FMCG, automotive, e-commerce, and oil & gas, which are increasingly seeking reliable, scalable, and technology-enabled logistics partners. The addition of strategically located, large-format multi-user warehouses, such as the upcoming Bhiwandi facility, allows OFFL to capitalise on the structural shift in India’s logistics sector post-GST, where companies are consolidating inventories into larger, more efficient facilities. By offering value-added services, automation, and proximity to key distribution hubs, OFFL can increase client stickiness, improve turnaround times, and expand volumes handled, directly contributing to revenue growth and margin expansion. On the financial front, the company delivered a tepid performance during FY20xx xx, growing revenue, EBITDA, and PAT at a CAGR of 2.0%, 6.4%, and-10.0%, respectively. EBITDA margin decreased from 7.1% in FY23 to 2.9% in FY24 before improving to 7.7% in FY25, while PAT margin declined from 5.8% in FY23 to 2.5% in FY24 and moderated to 4.5% in FY25. On the return front, the company reported modest ROCE and ROE of 13.7% and 12.7% in FY25, respectively, observing a decline from 20.0% and 19.5% in FY23. While OFFL has demonstrated strengths in integrated logistics, operational capabilities, and client relationships, its financial performance has been inconsistent, reflected in volatility in earnings and margins. Furthermore, near term geopolitical and macroeconomic uncertainties add risk to growth visibility. Additionally, ~80% of the issue comprises an Offer for Sale (OFS). In light of these factors, we remain largely cautious of the listing. We, thus, recommend an AVOID rating for the issue and will reassess our rating in future following sustained business performance in upcoming quarters
What is the Om Freight Forwarders Ltd IPO?
The initial public offer (IPO) of Om Freight Forwarders Ltd offers an early investment opportunity in Om Freight Forwarders Ltd . A stock market investor can buy Om Freight Forwarders Ltd IPO shares by applying in IPO before All Om Freight Forwarders Ltd shares get listed at the stock exchanges. An investor could invest in Om Freight Forwarders Ltd IPO for short term listing gain or a long term.
How to apply for the Om Freight Forwarders Ltd IPO through StoxBox?
To apply for the Om Freight Forwarders Ltd IPO through StoxBox one can apply from the website and also from the app. Click here
When will the Om Freight Forwarders Ltd IPO open?
Om Freight Forwarders Ltd IPO is opening on 29th Sep 2025. Apply Now
What is the lot size of the Om Freight Forwarders Ltd IPO?
The Lot Size of Om Freight Forwarders Ltd IPO is 111 equity shares. Login to your account now.
When is the Om Freight Forwarders Ltd allotment date?
The allotment Date for Om Freight Forwarders Ltd IPO is 06th Oct 2025. Login to your account now.
When is the Om Freight Forwarders Ltd IPO listing date?
The listing Date for Om Freight Forwarders Ltd IPO is 8th Oct 2025. Login to your account now
What is the minimum investment required for the Om Freight Forwarders Ltd IPO?
In the Retail segment the minimum investment required is Rs. 14,985. Login to your account now
What is the maximum investment allowed for the Om Freight Forwarders Ltd IPO?
In the Retail segment the maximum investment requirement is Rs. 1,194,805. Login to your account now
What are the risks associated with investing in the Om Freight Forwarders Ltd IPO?
- OFFL derives a significant portion of its revenue from customers in Maharashtra, which accounted for over 85% of revenue from operations in FY25. Any adverse developments in this region could materially affect the company’s revenue and overall financial performance.
- Thecompany is highly prone to geopolitical risks.
- OFFL does not have long-term agreements with shipping companies, relying instead on relationships built over time. Any disputes or disruptions with these partners could have a material adverse impact on the company’s operations and business performance.
When will the Om Freight Forwarders Ltd IPO shares be credited to my Demat account?
The Om Freight Forwarders Ltd IPO be credited to the account on allotment date which is 08th Oct 2025. Login to your account now
Where can I find the Om Freight Forwarders Ltd IPO prospectus?
The prospectus of Om Freight Forwarders Ltd IPO prospectus can be find on the website of SEBI, NSE and BSE
