Om Freight Forwarders IPO Disappoints with 40% Listing Discount

On October 8, 2025, Om Freight Forwarders Ltd., a Mumbai-based logistics company, made its debut on the Indian stock exchanges. The Initial Public Offering (IPO) was priced between ₹128 and ₹135 per share, aiming to raise ₹122.31 crore. Despite strong subscription numbers, the stock opened at ₹81.50 on the National Stock Exchange (NSE) and ₹82.50 on the Bombay Stock Exchange (BSE), marking a significant 40% discount from the issue price. This unexpected downturn has raised questions among investors and market analysts alike.