Om Freight Forwarders Ltd.'s initial public offering to open for subscription on Monday to raise Rs 122.31 crore from the primary market. Representative image (Image: Pexels) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Om Freight Forwarders Ltd.'s initial public offering to open for subscription on Monday to raise Rs 122.31 crore from the primary market. The IPO is a book-built issue that comprises a fresh issue of 18 lakh shares to raise Rs 24.44 crore and an offer-for-sale component of 73 lakh shares worth Rs 97.88 crore.
The IPO’s price band has been set between Rs 128 and Rs 135 per share.
The IPO is scheduled to close on Oct. 3, with the tentative allotment expected on Oct. 6. Refunds to unsuccessful applicants are likely to begin on Oct. 7, the same day the sha