Mumbai, Sept. 29 -- The initial public offer of OM Freight Forwarders received bids for 1,09,96,659 shares as against 79,16,945 shares on offer, according to stock exchange data at 17:00 IST on Monday (29 September 2025). The issue was subscribed 1.39 times.

The issue opened for bidding on 29 September 2025 and it will close on 3 October 2025. The price band of the IPO is fixed between Rs 120 and 129 per share. An investor can bid for a minimum of 114 equity shares and in multiples thereof.

The issue comprises both fresh issue of equity shares upto Rs 24.436 crore and an offer for sale of 72,50,000 equity shares by the promoter selling shareholders. The OFS comprises sale of 39,87,500 equity shares by Rahul J Joshi, 25,37,500 equity sha...