Shree OSFM E-Mobility Limited is engaged in providing employee transportation services to large MNCs with a presence across major cities in India. They have over 16+ years of experience in catering to the employee transportation needs of companies in IT/ITES, Aviation, and other sectors. They operate a largely “asset light” engagement model. Typical operating parameters are on a monthly lease, per kilometer, per passenger trip, and package model.
Presently, Shree OSFM E-Mobility operates with a 1475+ fleet with a variety of vehicles such as 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 currently has operations in 42 sites spread across Mumbai, Navi Mumbai, Pune, Bengaluru, and Kolkata.
Shree OSFM E-Mobility’s clients include major BPM players such as JP Morgan, Morgan Stanley, Cape Gemini, Accenture, DHL, FirstSource, Wipro, Air India, etc. The products/services include Travel Desk Management, Roster Management Services, Logistics for Corporate Events (MICE), and Fleet Management.
Objects of the Issue:
- Funding additional Working capital requirements
- Purchase of Passenger Vehicles
- General Corporate Purposes
Shree OSFM E-Mobility IPO Review
- To be updated soon
Shree OSFM E-Mobility IPO Date & Price Band Details
| IPO Open: | December 14, 2023 |
| IPO Close: | December 18, 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 |
Shree OSFM E-Mobility IPO Market Lot
The Shree OSFM E-Mobility IPO minimum market lot is 2000 shares with a ₹130,000 application amount.
| 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 Dates
The Shree OSFM E-Mobility IPO date is December 14 and the IPO close date is December 18. The IPO allotment date is December 19 and the IPO might list on December 21.
| IPO Open Date: | December 14, 2023 |
| IPO Close Date: | December 18, 2023 |
| Basis of Allotment: | December 19, 2023 |
| Refunds: | December 20, 2023 |
| Credit to Demat Account: | December 20, 2023 |
| IPO Listing Date: | December 21, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Shree OSFM E-Mobility IPO Form
How to apply Shree OSFM E-Mobility IPO? You can apply Shree OSFM E-Mobility IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shree OSFM E-Mobility IPO in the Invest section. The other option you can apply Shree OSFM E-Mobility IPO via IPO forms download via the NSE website. Check out the Shree OSFM E-Mobility forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
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: [email protected]
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: [email protected]
Website: https://shreeosfm.com/
