Om Freight Forwarders IPO

Om Freight Forwarders Ltd

₹14,208 /111 sharesMinimum Investment

Om Freight Forwarders IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
29 Sep ‘25 - 3 Oct ‘25₹14,208111₹128 - ₹135
Issue SizeIPO Doc
122.31Cr
RHP PDF

Subscription rate

As of 29 Sep'25, 02:01 PM
Qualified Institutional Buyers0.00x
Non-Institutional Investor0.69x
Retail Individual Investor0.18x
Employees0.06x
Total0.26x

About Om Freight Forwarders

Om Freight Forwarders is a third-party logistics provider offering a full range of integrated services. Its operations cover international freight forwarding, customs clearance, vessel agency services, transportation, warehousing, and distribution. The company also manages project cargo, a specialised area that requires detailed planning and technical expertise. Within its cargo handling segment, it provides customised solutions for large and heavy loads, non-containerised shipments, and goods that need climate-controlled conditions to protect against saltwater, temperature changes, and humidity. In addition, Om Freight Forwarders handles the transport of complex equipment and materials for projects such as infrastructure and oil and gas developments. Its logistics services include the movement of dry bulk cargo, with port-to-premise and premise-to-port transportation as part of the overall supply chain.;
Founded in
1995
Managing director
Mr. Rahul Joshi
Parent organisation
Om Freight Forwarders Ltd
Om Freight Forwarders Ltd IPO
https://www.youtube.com/watch?v=DsSIRsDrCVo

Strengths & Financials of Om Freight Forwarders

Strengths
Risks
The company states that its business development and solutions design teams specialise in creating tailored, end-to-end logistics solutions. These services improve cost efficiency, service quality, scalability, and supply chain visibility. The company further states that, combined with a wide pan-India logistics network and a diverse service portfolio, this approach helps attract and retain clients from multiple industries.
The company is ISO 9001:2015 certified for its quality management systems, ISO 14001:2015 certified for its environmental management systems, and ISO 45001:2018 certified for its occupational health and safety management systems.
The company claims that its strong in-house logistics capabilities support efficient operations. The company owns specialised equipment such as cranes, forklifts, trailers, payloaders, tippers, and vessels. As of FY25, a team of 134 trained operators maintains and ensures the readiness of this fleet.
The company’s broad single-window service portfolio includes door-to-door B2B logistics solutions, positioning the company as a one-stop provider for end-to-end logistics. It serves industries such as minerals, mining and steel, coal, oil and gas, energy and power, FMCG, EPC, infrastructure, and tyre manufacturing. With over 1,600 clients across various sectors, the company states that it benefits from extensive experience and shared best practices.
The company claims to have earned multiple awards and recognitions for quality, innovation, and customer service. Highlights include being featured on the cover of Industry Outlook magazine in 2022 as a leading freight forwarder, achieving a record clearance time of 14 minutes at Jawaharlal Nehru Port Trust (JNPT) in 2019, and receiving commendation from the Mumbai Port Authority in 2024 for exceptional performance during the loading of export steel coils on the vessel MV YANGZE 35.
The company’s top 10 customers accounted for Rs 197.12 crore (40.39 percent) of the company’s total revenue in FY25, Rs 167.96 crore (41.13 percent) in FY24, and Rs 172.35 crore (36.72 percent) in FY23. The top customer accounted for Rs 56.61 crore (11.60 percent) of the company’s total revenue in FY25, Rs 67.05 crore (16.42 percent) in FY24, and Rs 28.49 crore (6.07 percent) in FY23. Any loss of any of these key customers, or a decline in purchases from them, could adversely affect the company’s operations and finances.
The company generates a significant portion of its revenue from customers operating in the minerals, mining, and steel sector. It accounted for Rs 129.23 crore (26.49 percent) of the company’s total revenue in FY25, Rs 108.00 crore (26.44 percent) in FY24, and Rs 87.78 crore (18.7 percent) in FY23. Any adverse developments or fluctuations in the technological or economic conditions of this sector could negatively impact the company’s financial performance and overall results.
The company derives a major portion of its revenue from Maharashtra. The state accounted for Rs 433.12 crore (88.73 percent) of the company’s total revenue in FY25, Rs 348.60 crore (85.36 percent) in FY24, and Rs 395.77 crore (84.32 percent) in FY23. Any adverse developments in the social, political, or economic conditions of the states could adversely affect the company’s operations and financial health.
The company reported negative cash flows from investing activities amounting to Rs 46.20 crore in FY25 and Rs 49.47 crore in FY24. These negative cash flows were mainly due to substantial capital expenditure, which outweighed inflows from interest, dividends, investments, and asset sales. It also reported negative cash flows from financing activities amounting to Rs 3.30 crore in FY23, which were due to repayment of borrowings and interest payments. If cash outflows continue to exceed inflows, the company may face liquidity challenges in the future.
The company has observed an increase in its trade receivables over the years. It increased from Rs 79.60 crore in FY23 to Rs 103.52 crore in FY24 and Rs 109.78 crore in FY25. Failure to collect these receivables on time can negatively impact the business and its financial condition.
As of FY25, the company reported contingent liabilities amounting to Rs 11.54 crore. If any of these contingent liabilities materialise, it could harm the company’s financial performance.
The company does not have formal long-term contracts with shipping lines. Instead, it relies on long-standing relationships to secure vessel space. Any dispute or breakdown in these relationships could disrupt operations and negatively impact financial results.
A significant part of the company’s transportation and logistics work is handled by external service providers, with about 52 percent of transportation needs over the last three years dependent on them. Poor service or the loss of these partnerships could interfere with business activities.
The company, its subsidiary, directors, promoter, and group company are involved in ongoing legal proceedings, including criminal and tax-related cases. Any adverse judgment in any of these cases could be detrimental to the company’s business prospects.
As of FY25, the company had 551 creditors with total outstanding dues of Rs 40.47 crore. Any failure to meet these obligations could harm its reputation, operations, and financial stability.
As of FY25, the company’s total financial indebtedness stood at Rs 26.95 crore. Any failure to service or repay these loans can harm the company’s operations and financial position.

Om Freight Forwarders Financials

*All values are in Rs. Cr
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Application Details of Om Freight Forwarders IPO

Apply asPrice bandApply Range
Regular128 - 135Upto ₹2 Lakh
Employee128 - 135Upto ₹2 Lakh
High Networth Individual128 - 135₹2 - 5 Lakh
For Om Freight Forwarders IPO, eligible investors can apply as Regular & Employee.