Om Freight Forwarders IPO price band has been fixed in the range of ₹128 to ₹135 per equity share of the face value of ₹10. The Om Freight Forwarders IPO date of subscription is scheduled for Monday, September 29, and will close on Friday, October 3. The allocation to anchor investors for the Om Freight Forwarders IPO is scheduled to take place on Friday, September 26.
The floor price is 12.8 times the face value of the equity shares and the cap price is 13.5 times the face value of the equity shares. The Om Freight Forwarders IPO lot size is 111 equity shares and in multiples of 111 equity shares thereafter.
Om Freight Forwarders IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. The employee portion has been reserved 450,105 equity shares.
Tentatively, Om Freight Forwarders IPO basis of allotment of shares will be finalised on Monday, October 6 and the company will initiate refunds on Tuesday, October 7, while the shares will be credited to the demat account of allottees on the same day following refund. Om Freight Forwarders share price is likely to be listed on BSE and NSE on Wednesday, October 8.
