Shree OSFM E-Mobility Limited IPO
- IPO Date14 Dec, 2023 to 18 Dec, 2023
- Listing Date21 Dec, 2023
- Face Value₹10 per share
- Issue Price₹65 to ₹65 per share
- Lot Size2000 Shares
- Minimum Investment₹1,30,000
- Listing AtNSE SME
- Total Issue Size37,84,000 Shares
(aggregating up to ₹24.60 Cr) - Fresh Issue37,84,000 Shares
(aggregating up to ₹24.60 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue1,05,00,000
- Shareholding post issue1,42,84,000
IPO Dates
Closing Date
18 Dec, 2023
Initiation of Refunds
20 Dec, 2023
Listing Date
21 Dec, 2023
14 Dec, 2023
Opening Date
19 Dec, 2023
Basis of Allotment
20 Dec, 2023
Credit of Shares
Shree OSFM E-Mobility Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,30,000 |
| HNI (Min) | 2 | 4000 | ₹2,60,000 |
| Retail (Max) | 1 | 2000 | ₹1,30,000 |
Shree OSFM E-Mobility Limited Promoter Holding
Mr. Ramnath Chandar Patil and Mr. Nitin Bhagirath Shanbhag are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 76.02% | 55.88% |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 0.09% |
| ROCE | 0.21% |
| RoNW | 15.11% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 22.08 | 2.94 |
| P/E (x) | 22.08 | 2.94 |
Shree OSFM E-Mobility Limited COMPANY INFORMATION
Shree OSFM E-Mobility IPO is a fixed price issue of Rs 24.60 crores. The issue is entirely a fresh issue of 37.84 lakh shares. Shree OSFM E-Mobility IPO opens for subscription on December 14, 2023 and closes on December 18, 2023. The allotment for the Shree OSFM E-Mobility IPO is expected to be finalized on Tuesday, December 19, 2023. Shree OSFM E-Mobility IPO will list on NSE SME with tentative listing date fixed as Thursday, December 21, 2023. Shree OSFM E-Mobility IPO price is ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹260,000. First Overseas Capital Limited is the book running lead manager of the Shree OSFM E-Mobility IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Shree OSFM E-Mobility IPO is Bhh Securities. Refer to Shree OSFM E-Mobility IPO RHP for detailed information.
Incorporated in 2006, Shree OSFM E-Mobility Limited, previously known as Om Sai Fleet Management (India) Private Limited, is engaged in providing employee transportation services to large MNCs with a presence across major cities in India.
Shree OSFM operates on an "asset light" engagement model. Typical operating parameters are on a monthly lease, per kilometer, per passenger trip, and package mode. The company has over 1475 fleets. This includes Small cars, Sedans, SUVs, Luxury Cars, and Buses of which 217 vehicles are owned by the company and the rest are leased from various vendors.
The company has offices in 42 sites in cities like Mumbai, Navi Mumbai, Pune, Bengaluru, and Kolkata. Shree OSFM E-Mobility's clientele includes JP Morgan, Morgan Stanley, Cape Gemini, Accenture, etc.
Shree OSFM E-Mobility's service portfolio includes:
- Travel Desk Management
- Roster Management Services
- Logistics for Corporate Events (MICE)
- Fleet Management
The company recorded a total revenue of Rs. 8,261.01 lacs, Rs. 3,079.58 lacs, and Rs. 2,978.51 lacs in fiscal 2023, 2022, and 2021 respectively.
FAQs About Shree Osfm E Mobility Limited Ipo
Shree OSFM E-Mobility Limited IPO will open on 14 Dec, 2023 and close on 18 Dec, 2023. Investors must apply within this period to participate.
The Shree OSFM E-Mobility Limited IPO price band is set between ₹65.00 and ₹65.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹130000.00.
The Shree OSFM E-Mobility Limited IPO shares are expected to be listed on 21 Dec, 2023, subject to regulatory approvals and final allotment.
You can track your Shree OSFM E-Mobility Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Shree OSFM E-Mobility Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.