OM Freight Forwarders Limited is a third-party logistics (3PL) provider offering a comprehensive suite of integrated services. Established in 1995, the Mumbai-headquartered company specializes in international freight forwarding, customs clearance, vessel agency services, multimodal transportation, and warehousing. As a third-generation business, it has expanded its operations across India with 28 branches and has an international reach covering over 800 destinations. The company also handles specialized project cargo, including oversized and heavy-lift shipments for various industries. OM Freight Forwarders Limited operates on a hybrid asset strategy, utilizing a combination of its own fleet of 135 vehicles and equipment, and assets from logistics partners to ensure operational flexibility and efficiency.
Opening Date
Sep 29, 2025
Closing Date
Oct 03, 2025
Listing Date
Oct 08, 2025
IPO Type
Mainboard
IPO Status
Closed
Issue Size
122.31 Cr
Fresh Issue
24.44 Cr
Offer for Sale
97.88 Cr
Price Band
₹128 - ₹135
Lot Size
111
The main objectives of the issue are to utilize the net proceeds for the following purposes:
Funding capital expenditure requirements amounting to ₹17.15 crores for the acquisition of commercial vehicles and heavy equipment to enhance operational capabilities.
Financing general corporate purposes, which may include strategic initiatives, brand building, and meeting working capital requirements to support business growth.
P/E Ratio
2.48
EPS
12.68
ROE
13.53%
ROCE
15.8%
RONW
12.68%
Debt to Equity Ratio
0.17
PAT Margin
4.49%
EBITDA Margin
7.69%
P/B
2.48
Provides comprehensive end-to-end integrated logistics services, offering a single-window solution for clients across various industries.
Established track record of high-quality service delivery, backed by ISO certifications for quality, environmental, and safety management.
Possesses significant operational capabilities with its own fleet of 135 vehicles and specialized equipment, including a general cargo vessel.
Maintains long-term relationships with a diversified client base, demonstrating high customer retention and cross-industry expertise.
High customer concentration risk, with a significant portion of revenue derived from its top ten customers.
Geographical concentration of business, with over 85% of revenue coming from customers located in Maharashtra.
Experienced a decline in revenue from operations from FY23 to FY24, along with a downward trend in profitability and return ratios.
Significant dependence on third-party service providers and vendors for transportation and other critical logistics assets.
The rapid growth of e-commerce and digital retail is driving strong demand for both line-haul and last-mile delivery services.
Government initiatives like PM Gati Shakti and the National Logistics Policy are fostering massive investments in multimodal transport infrastructure.
Expansion of the manufacturing sector through 'Make in India' and PLI schemes is increasing the demand for freight and logistics services.
The implementation of GST is leading to the consolidation of warehousing into larger, technology-enabled facilities, creating demand for organized 3PL players.
Volatility in fuel prices and rising freight costs due to geopolitical tensions and supply chain disruptions can compress profit margins.
The logistics industry faces significant competition from a large number of organized and unorganized domestic and international players.
Changes in customs, trade, and regulatory policies can lead to operational delays, increased compliance burdens, and unforeseen costs.
Geopolitical conflicts, piracy, and blockades in critical shipping lanes can disrupt maritime routes, increasing transit times and insurance costs.