Shree OSFM E-Mobility IPO Overview:
Embarking on the Shree OSFM E-Mobility IPO journey, the gates will swing open on December 14, welcoming investors until December 18. In the realm of NSE SME IPOs, Shree OSFM E-Mobility is set to raise ₹24.60 crores through its IPO, priced at ₹65 per share, with a market lot size of 2000 shares.
Shree OSFM E-Mobility Limited specializes in providing top-notch employee transportation services to prominent MNCs spanning major cities in India. With a rich legacy of over 16 years, they have mastered the art of meeting the employee transportation needs of companies in IT/ITES, Aviation, and other sectors. Their operational model predominantly leans towards being “asset light,” involving monthly leases, per-kilometer charges, per-passenger trip fees, and package deals.
The company currently boasts a fleet of 1475+ vehicles, including a diverse range from small cars to luxury cars and buses. While 217 vehicles are owned by the company, the majority are sourced through strategic leases from various vendors. Operating in 42 sites across Mumbai, Navi Mumbai, Pune, Bengaluru, and Kolkata, Shree OSFM E-Mobility caters to the transportation demands of major BPM players like JP Morgan, Morgan Stanley, Cape Gemini, Accenture, DHL, FirstSource, Wipro, Air India, among others. Their offerings encompass Travel Desk Management, Roster Management Services, Logistics for Corporate Events (MICE), and efficient Fleet Management.
Get ready to be part of this transformative IPO experience!
Purpose of the Offering:
- Meeting the increased demands of operational cash flow
- Acquiring passenger vehicles
- Attending to general corporate needs
Shree OSFM E-Mobility IPO Review (Apply or Not)
- Updated soon
Shree OSFM E-Mobility IPO: Information on Date and Price Band.
| IPO Open: | 14-December-2023 |
| IPO Close: | 18-December-2023 |
| IPO Size: | Approx ₹24.60 Crores, 3,784,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹65 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
The market lot for Shree OSFM E-Mobility IPO
The minimum market lot for the Shree OSFM E-Mobility IPO is 2000 shares, requiring an application amount of ₹130,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹130,000 |
| Retail Maximum | 1 | 2000 | ₹130,000 |
| S-HNI Minimum | 2 | 4000 | ₹260,000 |
Shree OSFM E-Mobility IPO: Allotment and Listing Dates.
The Shree OSFM E-Mobility IPO is scheduled to open on December 14, with the closing date set for December 18. The IPO allotment is expected on December 19, and there is a possibility that the IPO will be listed on December 21.
| IPO Open Date: | 14-December-2023 |
| IPO Close Date: | 18-December-2023 |
| Basis of Allotment: | 19-December-2023 |
| Refunds: | 20-December-2023 |
| Credit to Demat Account: | 20-December-2023 |
| IPO Listing Date: | 21-December-2023 |
You may monitor the subscription status and allotment status of the IPO on their respective pages.
Applying for Shree OSFM E-Mobility IPO
To participate in the Shree OSFM E-Mobility IPO, you have two convenient options. Firstly, you can apply through ASBA (Application Supported by Blocked Amount) available in your bank account. Simply log in to your online banking portal, navigate to the Invest section, and select the Shree OSFM E-Mobility IPO to submit your application.
Alternatively, you may choose to apply for the Shree OSFM E-Mobility IPO by downloading the IPO forms from the NSE website. After downloading, fill out the forms and submit them to your bank or broker as per the provided instructions. Ensure a smooth application process and secure your investment in the IPO.
Shree OSFM E-Mobility Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹29.79 | ₹26.73 | ₹0.74 |
| 2022 | ₹30.80 | ₹27.19 | ₹1.63 |
| 2023 | ₹82.61 | ₹74.37 | ₹3.09 |
| 2024 6M | ₹55.97 | ₹48.58 | ₹2.23 |
Shree OSFM E-Mobility IPO Valuation – FY2023
Check Shree OSFM E-Mobility IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.94 per Equity Share |
| Price/Earning P/E Ratio: | 22.11 |
| Return on Net Worth (RoNW): | 15.11% |
| Net Asset Value (NAV): | ₹19.48 per Equity Share |
Peer Group
- VRL Logistics Ltd.
Company Promoters
- Mr. Ramnath Chandar Patil
- Mr. Nitin Bhagirath Shanbhag
Shree OSFM E-Mobility IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://bigshareonline.com
Shree OSFM E-Mobility IPO Allotment Status
Check Shree OSFM E-Mobility IPO allotment status on Bigshare website URL. Click Here
Shree OSFM E-Mobility IPO Lead Managers aka Merchant Bankers
- First Overseas Capital Limited
Company Address
Shree OSFM E-Mobility Limited
104, Green Park, Plot No. 2 & 3,
Sector 3, Opp. Ghansoli Rly Station,
Ghansoli, New Mumbai – 400701
Phone: +91 22 27544431
Email: cs@shreeosfm.com
Website: https://shreeosfm.com/
