Shares of Om Freight Forwarders Ltd, a logistics and freight forwarding company, made a weak debut on the bourses today, October 8, 2025. The shares tanked nearly 40 per cent over the issue price of Rs 135. The company's stock made its market debut at Rs 82.50, a discount of 38.88 per cent from the issue price on the BSE.
At the NSE, the stock started trading at Rs 81.50, down 39.62 per cent.
The company's market valuation stood at Rs 291.63 crore.
Earlier, the initial public offering (IPO) of logistics and freight forwarding company Om Freight Forwarders Ltd received 3.87 times subscription on the final day of bidding on Friday.
The company's Rs 122.3-crore IPO had a fresh issue of up to Rs 24.43 crore and an offer for sale of up to 72,50,000 shares.
The IPO had a price range of Rs 128-135 per share.
The Mumbai-based Om Freight Forwarders is a logistics solutions provider offering comprehensive end-to-end services across multiple modes of transport, including sea, air, road and rail.
The company operates on a pan-India basis with 28 branches and an international reach spanning over 800 destinations through strategic tie-ups and partnerships.
