The initial public offering (IPO) of Om Freight Forwarders has opened for bidding on Monday, September 29. The logistics solutions player is offering its shares in the range of Rs 128-135 apiece. Investors can apply for a minimum of 111 equity shares and its multiples thereafter. Bidding for the issue shall conclude on Wednesday, October 01. Advertisement

The IPO of Om Freight Forwarders is looking to raise a total of Rs 122.31 crore via IPO, which includes fresh share sale of Rs 24.44 crore and an OFS of up to 72.5 lakh shares worth Rs 97.88 crore. The net proceeds from the issue shall be utilized towards funding of the capital expenditure requirements for acquisition of commercial vehicle and heavy equipment and general corporate purposes .

Incorporated in June 1995, Om Freight Forwar

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