The Shree OSFM E-Mobility IPO date has confirmed from December 14, 2023 and closes on December 18, 2023. Read the post to learn about Shree OSFM E-Mobility IPO GMP.
Using an IPO, Shree OSFME-Mobility is seeking to raise Rs24.60 crores. Its price is ₹ 65 per share. The minimal lot size for an operation is 2000 Shares. The minimal quantum of investment needed by retail investors is ₹ 130,000. The minimal lot size investment for HNI is 2 lots( 4,000 shares) amounting to ₹ 260,000.
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Key Details Of Shree OSFM E-Mobility IPO:
Bidding Dates
December 14-18
Price Range
₹65 per share
Face Value
₹10 per share
GMP
₹2
Shree OSFM E-Mobility IPO GMP
The Shree OSFM E-Mobility Limited IPO GMP Today is ₹2.
Shree OSFM E-Mobility IPO Overview
Shree OSFME-Mobility IPO is a Rs24.60 crore fixed price allocation. The issue is entirely new, with 37.84 lakh shares being issued. The Shree OSFME-Mobility IPO goes on trade on December 14, 2023, and ends on December 18, 2023. The Shree OSFME-Mobility IPO allotment is anticipated to be completed on Tuesday, December 19, 2023. The Shree OSFME-Mobility IPO will be listed on the NSE SME on Thursday, December 21, 2023. The IPO price for Shree OSFME-Mobility is. 65 per share. A lot size of 2000 shares is needed for an operation. Retail investors must make a minimal commitment of 130,000. The minimal lot size for HNI is two lots( 4,000 shares), totaling$ 260,000.
The company has services in 42 spots in metropolises like Mumbai, Navi Mumbai, Pune, Bengaluru, and Kolkata. Shree OSFME-Mobility’s clientele includes JP Morgan, Morgan Stanley, Cape Gemini, Accenture, etc. Shree OSFME-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.
Shree OSFM E-Mobility IPO Details
| Shree OSFM E-Mobility IPO Dates | 14 – 18 December 2023 |
| Shree OSFM E-Mobility Issue Price | INR 65 per share |
| Fresh issue | 3,784,000 shares (INR 24.60 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,784,000 shares (INR 24.60 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 130,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Shree OSFM E-Mobility Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 29.19 | 30.30 | 82.11 | 55.72 |
| Expenses | 26.73 | 27.19 | 74.37 | 48.58 |
| Net income | 0.74 | 1.63 | 3.09 | 2.23 |
Shree OSFM E-Mobility IPO Dates & Listing Performance
| IPO Opening Date | 14 December 2023 |
| IPO Closing Date | 18 December 2023 |
| Finalization of Basis of Allotment | 19 December 2023 |
| Initiation of refunds | 20 December 2023 |
| Transfer of shares to demat accounts | 20 December 2023 |
| IPO Listing Date | 21 December 2023 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Profile
Shree OSFME-Mobility Limited, formerly Om Sai Fleet Management( India) Private Limited, was innovated in 2006 and specialises in furnishing hand transportation services to large transnational pots with services in major Indian metropolises. Shree OSFM has an “ asset light ” engagement strategy. Yearly leasing, per km, per passenger trip, and package mode are typical functional characteristics. The pot operates 1475 lines. This includes 217 vehicles possessed by the pot and the remainder rented from colorful merchandisers, including small buses , cruisers, SUVs, luxury buses , and motorcars.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Shree OSFM E-Mobility Limited |
| Phone number | +91 22 27544431 |
| Email ID | [email protected] |
| Website | shreeosfm.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Shree OSFM E-Mobility IPO FAQs
What is the Shree OSFM E-Mobility offer price band?
Shree OSFM E-Mobility public offer price is INR 65 per share.
What is the lot size of the Shree OSFM E-Mobility IPO?
Shree OSFM E-Mobility offer lot size is 2,000 shares.
What is Shree OSFM E-Mobility IPO GMP today?
Shree OSFM E-Mobility IPO GMP today is INR NA per share.
What is the Shree OSFM E-Mobility kostak rate today?
Shree OSFM E-Mobility kostak rate today is INR NA per application.
What is Shree OSFM E-Mobility Subject to Sauda rate today?
Shree OSFM E-Mobility Subject to Sauda rate today is INR NA per application.
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