Shree OSFM E-Mobility Limited

Offer Period14 Dec 2023 – 18 Dec 2023

NSE - SMEListed

Listed Price

₹65.00

+0.00%

Price Band₹65 - ₹65

Lot Size2,000 Shares

Allotment Date19 Dec 2023

Listing Date21 Dec 2023

Subscription8.12 Times

Issue Size₹24.60 Cr

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IPO Details

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Lot Distribution

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Company Fin.

₹0
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Shree OSFM E-Mobility Limited's has transitioned to a publicly listed entity following its IPO debut on Dec 21, 2023 at the NSE exchange. The public offering successfully raised 37,84,000 Shares, consisting of 37,84,000 Sharesin new capital.

The IPO featured a competitive price range of ₹65 to ₹65 and minimum application size of 2000 shares. Market reception was evidenced through subscription activity between Dec 14, 2023 and Dec 18, 2023, reflecting investor appetite for the offering.

Allotment of shares was completed on Dec 19, 2023, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Shree OSFM IPO Details

IPO Date

Dec 14, 2023 to Dec 18, 2023

Allotment Date

Dec 19, 2023

List Date

Dec 21, 2023

Lot Size

2,000 share

Issue Price

₹65 - ₹65

Issue Size

37,84,000 (aggregating up to 24.60 Cr)

Fresh Issue

37,84,000 (aggregating up to 24.60 Cr)

Offer For Sale

Listing At

NSE

Share Holding Pre-Issue

1,05,00,000

Share Holding Post-Issue

1,42,84,000

Market Marker Portion

2,00,000

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	2000	1,30,000
HNI	2	4000	2,60,000

IPO Reservation

Shares37,84,000

Retail

47.36%(17,92,000)

NII(HNI)

47.36%(17,92,000)

Market Maker

5.29%(2,00,000)

Total

100.00%(37,84,000)

Shree OSFM IPO Key Performance Indicators

KPI	Values

KPI	Values
EPS	2.94
ROE	0.09
ROCE	0.21
RONW	15.11
PRE IPO(PE)	22.08
POST IPO(PE)	20.83

Company Financials (In Lakhs)

Period Ended	30 Sep 2023	Mar 2023	Mar 2022	Mar 2021

Period Ended	30 Sep 2023	Mar 2023	Mar 2022	Mar 2021
Assets	5,019.67	4,203.97	2,588.41	2,909.86
Revenue	5,597.09	8,261.01	3,079.58	2,978.51
Net Worth	2,267.95	2,045.36	1,736.27	1,607.99
Total borrowing	0	0	0	0
Profit after tax	222.59	309.09	162.78	73.76
Reserves and Surpluses	1,217.95	995.36	1,586.27	1,457.99

Shree OSFM IPO About Company

Shree OSFM E-Mobility Limited, incorporated in 2006 and formerly known as Om Sai Fleet Management (India) Private Limited, provides employee transportation services to major multinational corporations across key Indian cities. Operating on an "asset-light" engagement model, the company offers transportation solutions on a monthly lease, per kilometer, per passenger trip, and package basis. With a fleet of over 1,475 vehicles, including small cars, sedans, SUVs, luxury cars, and buses, Shree OSFM owns 217 vehicles while the rest are leased from various vendors. The company operates across 42 sites in cities such as Mumbai, Navi Mumbai, Pune, Bengaluru, and Kolkata, serving corporate clients like JP Morgan, Morgan Stanley, Capgemini, and Accenture. Its service portfolio includes travel desk management, roster management services, corporate event logistics (MICE), and fleet management. The company reported total revenues of ₹8,261.01 lakh in FY 2023, ₹3,079.58 lakh in FY 2022, and ₹2,978.51 lakh in FY 2021.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Shree OSFM IPO Strength Factors

⚠️Shree OSFM IPO Risk Factors

🏦Shree OSFM IPO Lead Manager(s)

First Overseas Capital Limited

👤Shree OSFM IPO Promoter(s)

Mr. Ramnath Chandar Patil
Mr. Nitin Bhagirath Shanbhag

🏢Shree OSFM IPO Company Details

Shree OSFM E-Mobility Limited

Email:cs@shreeosfm.com

Phone:+91 22 27544431

Website:https://shreeosfm.com/

address:104, Green Park, Plot No. 2 & 3, Sector 3, Opp. Ghansoli Rly Station, Ghansoli, New Mumbai - 400701

📋Shree OSFM IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Pvt Ltd

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:https://ipo.bigshareonline.com/IPO_Status.html

❓Shree OSFM IPO FAQs

Shree OSFM IPO is a main-board IPO of 37,84,000 equity shares of the face value of ₹10 Per Equity Share aggregating up to ₹0.00 crore shares. The issue is priced at ₹65 - ₹65 per share. The minimum order quantity is .The IPO opens on Dec 14, 2023, and closes on Dec 18, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE.

Zerodha customers can apply online in Shree OSFM IPO using UPI as a payment gateway. Zerodha customers can apply in Shree OSFM IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Shree OSFM IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Shree OSFM IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Shree OSFM IPO opens on Dec 14, 2023 and closes on Dec 18, 2023.

You can apply in Shree OSFM IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Shree OSFM IPO will be done on Dec 19, 2023, and the allotted shares will be credited to your demat account by Dec 19, 2023

Shree OSFM IPO's listing date is Dec 21, 2023.

Shree OSFM E-Mobility Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0(0.00%)

Premium (ELP)

₹0
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