Shree OSFM E-Mobility IPO GMP, Review, Price, Allotment

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Shree OSFM E-Mobility IPO GMP

Shree OSFM E-Mobility IPO description – Shree OSFM E-Mobility specializes in delivering employee transportation solutions to prominent multinational corporations spanning various cities in India. With a rich history of 16+ years, the company has honed its expertise in addressing the transportation requirements of firms in IT/ITES, Aviation, and other industries. Shree OSFM E-Mobility adopts a predominantly ‘asset-light’ business model, with common operational parameters encompassing monthly leasing, per-kilometer charges, per-passenger trip rates, and comprehensive package offerings.

At present, the company manages a fleet exceeding 1475 vehicles, comprising a diverse range including Small Cars, Sedans, SUVs, Luxury Cars, and Buses. Of these, 217 vehicles are company-owned, while the remainder are acquired through leasing arrangements with multiple vendors. Shree OSFM E-Mobility presently operates in 42 locations spanning Mumbai, Navi Mumbai, Pune, Bengaluru, and Kolkata. The company’s clientele consists of prominent BPM (Business Process Management) entities, including JP Morgan, Morgan Stanley, Cape Gemini, Accenture, and others.

The company provides various products to its customers, and despite the diverse range, the revenue generated from these services is consolidated under ‘Vehicle Hire Charges’ in the accounts. Consequently, the revenue disclosures are presented as a single segment:

  • Travel Desk Management
  • Roster Management Services
  • Logistics for Corporate Events (MICE)
  • Fleet Management
Shree OSFM E-Mobility IPO

Promoters of Shree OSFM E-Mobility – Ramnath Chandar Patil, and Nitin Bhagirath Shanbhag


Shree OSFM E-Mobility IPO Details

Shree OSFM E-Mobility IPO Dates14 – 18 December 2023
Shree OSFM E-Mobility Issue PriceINR 65 per share
Fresh issue3,784,000 shares (INR 24.60 crore)
Offer For SaleNil
Total IPO size3,784,000 shares (INR 24.60 crore)
Minimum bid (lot size)2,000 shares (INR 130,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Shree OSFM E-Mobility Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Revenue29.1930.3082.1155.72
Expenses26.7327.1974.3748.58
Net income0.741.633.092.23
Figures in INR Crores unless specified otherwise

Shree OSFM E-Mobility Offer News


Shree OSFM E-Mobility Valuations & Margins

FY 2021FY 2022FY 2023
EPS0.701.552.94
PE ratio––22.11
RONW (%)4.599.3815.11
ROCE (%)3.006.0021.00
NAV107.20115.7519.48
EBITDA (%)10.2511.729.97
Debt/Equity0.330.160.45
Compiled by IPO Central from Prospectus

Shree OSFM E-Mobility IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
16 December 20233–5,000
15 December 20233–5,000
14 December 20235–7,000
13 December 202310–15,000
12 December 202310–15,000
11 December 202310–15,000

Shree OSFM E-Mobility IPO Subscription – Live Updates

CategoryNIIRetailTotal
Shares Offered1,992,0001,792,0003,784,000
18 Dec 20235.429.307.69
15 Dec 20231.273.812.88
14 Dec 20230.711.641.56

Shree OSFM E-Mobility IPO Allotment Status

Shree OSFM E-Mobility IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.


Shree OSFM E-Mobility IPO Dates & Listing Performance

IPO Opening Date14 December 2023
IPO Closing Date18 December 2023
Finalization of Basis of Allotment20 December 2023
Initiation of refunds20 December 2023
Transfer of shares to demat accounts20 December 2023
IPO Listing Date21 December 2023
Opening Price on NSE SMEINR 65 per share (no change)
Closing Price on NSE SMEINR 68.25 per share (up 5.0%)

Shree OSFM E-Mobility Offer Lead Manager

FIRST OVERSEAS CAPITAL LIMITED
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Phone: +91 22 4050 9999
Email: [email protected]
Website: www.focl.in


Shree OSFM E-Mobility Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com


Shree OSFM E-Mobility IPO Contact Details

SHREE OSFM E-MOBILITY LIMITED
104, Green Park, Plot No. 2 & 3, Sector 3,
Opp. Ghansoli Rly Station, Ghansoli,
New Mumbai – 400701, Maharashtra
Phone: +91 22 27544431
E-mail: [email protected]
Website: www.shreeosfm.com


IPO FAQs

What is the Shree OSFM E-Mobility offer size?

Shree OSFM E-Mobility offer size is INR 24.60 crores.

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 3 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 5,000 per application.

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