Om Freight Forwarders IPO Subscribed 1.73 Times So Far on Day 2 with Retail Bids at 0.73x

Mumbai, 30 September 2025: Om Freight Forwarders Limited’s ₹122 crore Initial Public Offering (IPO) has recorded a subscription of 1.73 times as of 11:54 a.m. on Day 2, reflecting a gradual increase in retail participation alongside notable demand from institutional and non-institutional investors.

Founded in 1995 and headquartered in Mumbai, Om Freight Forwarders Limited operates as a global logistics and freight forwarding company, providing integrated supply chain solutions including international air and sea freight, customs clearance, warehousing, and project logistics. The company has positioned itself as a leading multimodal logistics provider in India, with operations spanning five continents, supporting both domestic and international clients with scalable logistics solutions.

Om Freight Forwarders IPO Retail Participation at 0.73x as IPO Gains Traction Across Other Investor Categories

The public issue witnessed retail investor subscription at 0.73 times, with 31,97,577 shares bid against 43,60,865 shares on offer, amounting to ₹43.167 crore. Employee participation remained modest at 0.20 times, with 89,355 shares bid for 4,50,105 shares, raising ₹1.206 crore. This demonstrates steady but cautious retail engagement as the issue progresses.

Om Freight Forwarders IPO Non-Institutional Investors Lead with 4.20x Subscription, Highlighting HNI Demand

Non-institutional investors (NIIs) dominated the subscription, registering 4.20 times, with 74,14,467 shares bid against 17,64,900 shares offered, amounting to ₹100.095 crore. Within this segment, bids above ₹10 lakh stood at 4.46x with 52,46,415 shares, while smaller bids below ₹10 lakh were at 3.69x, indicating significant interest from high-net-worth individuals (HNIs) driving overall demand.

Om Freight Forwarders IPO Qualified Institutional Buyers (QIBs) Subscribed 2.21 Times Excluding Anchor Allocation

Qualified Institutional Buyers (QIBs), excluding anchor investors, subscribed 2.21 times, with 29,64,699 shares bid against 13,41,075 shares offered, totalling ₹40.023 crore. Anchor investors were allotted 11,77,710 shares at ₹135 each, raising ₹15.899 crore on September 26, highlighting early institutional participation prior to the public issue.

Om Freight Forwarders IPO Details – Price Band, Lot Size, and Key Dates for Subscription Window

Om Freight Forwarders IPO, which opened on 29 September 2025 and closed on 3 October 2025, is priced in the band of ₹128-₹135 per share with a lot size of 111 shares, representing a value of ₹14,985 at the upper band. The listing is scheduled for 8 October 2025, and the issue is managed by Smart Horizon Capital Advisors Pvt. Ltd., with Bigshare Services Pvt. Ltd. as the registrar.

The Day 2 subscription indicates a balanced mix of investor categories, with non-institutional and institutional segments driving early momentum while retail participation continues to build. As the issue progresses toward its close, monitoring subscription trends across categories will provide insights into demand distribution and allocation requirements.

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