Om Freight Forwarders IPO: The initial public offering (IPO) of Om Freight Forwarders Ltd concluded its final day of public bidding today, October 1, with the issue subscribed over 2 times the equity on offer. The IPO had received strong investor demand with the issue fully booked on the first day of bidding.

Overall, the issue received 2.56 times the subscription, as per provisional exchange data. Investors bid for 2.02 crore shares against the total 79.16 lakh shares on offer. The company aims to raise Rs 122.31 crore from the public offering.

Om Freight Forwarders IPO subscription status:

The overall subscription includes bids from Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs) who subscribed 3.95, 5.13 and 1.32 time

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