Shree OSFM E-Mobility Ltd
Price Range
₹65
Min. Quantity
2,000
Closes on
18 December 2023
Min. investment
₹1,30,000/2,000 Shares
Shree OSFM E-Mobility Ltd IPO Timeline
Shree OSFM E-Mobility Ltd was incorporated as Om Sai Fleet Management (India) Private Limited on December 28, 2006. Thereafter, the name of Company was changed to Shree OSFM E-Mobility Private Limited vide Certificate of Incorporation on May 08, 2023. The status of the Company was changed to Public Limited and the name was changed to Shree OSFM E-Mobility Limited vide fresh Certificate of Incorporation issued on August 25, 2023 by the Registrar of Companies, Maharashtra.
| Event | Date |
|---|---|
| Shree OSFM E-Mobility Ltd IPO Opening Date | 14 December 2023 |
| Shree OSFM E-Mobility Ltd IPO Closing Date | 18 December 2023 |
| Basis of Allotment | 19 December 2023 |
| Initiation of Refunds | 20 December 2023 |
| Credit of Shares to Demat | 20 December 2023 |
| Shree OSFM E-Mobility Ltd IPO Listing Date | 21 December 2023 |
Shree OSFM E-Mobility Ltd IPO Details
| Shree OSFM E-Mobility Ltd IPO Date | 14 December 2023 to 18 December 2023 |
| Shree OSFM E-Mobility Ltd IPO Face Value | ₹10 per share |
| Shree OSFM E-Mobility Ltd IPO Price | ₹65 to ₹0 per share |
| Shree OSFM E-Mobility Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹24.6 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹24.6 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ramnath Chandar Patil, Nitin Bhagirath Shanbhag |
Shree OSFM E-Mobility Ltd IPO Lot Size
The Shree OSFM E-Mobility Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,30,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,30,000 |
| Maximum | 1 | 2,000 | ₹1,30,000 |
- Strengths
- Risks
- Opportunities
- Asset Light Business Model and competitive service offerings.
- Existing well-established goodwill and client relationships.
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Quality Assurance.
Company Financials
Shree OSFM E-Mobility Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 82.96 | 119.06 | 8.10 |
| 03-2023 | 42.05 | 82.61 | 2.91 |
| 03-2022 | 25.88 | 30.8 | 1.63 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding additional working capital requirements
- Purchase of passanger vehicles
- General corporate purposes
Shree OSFM E-Mobility Ltd IPO Promoter Holding
| Pre Issue Share Holding | 35.24% |
| Post Issue Share Holding | 25.9% |
Shree OSFM E-Mobility Ltd IPO Subscription Status (Bidding Detail)
The Shree OSFM E-Mobility Ltd IPO is subscribed 2.8784 times on 18 December 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 2.8784 |
Shree OSFM E-Mobility Ltd IPO Prospectus
Shree OSFM E-Mobility Ltd IPO Listing Date
| Listing Date | 21 December 2023 |
| BSE Script | 92152 |
| NSE Symbol | SHREEOSFM |
| Listing In | NSE - SME |
| ISIN | INE02S501018 |
| IPO Price | ₹65 |
| Face Value | ₹10 |
Company Contact Information
104 Green Park Plot #2&3 Sec.3Opp.Ghansoli Rly.Stn Ghansoli,New Mumbai-400701
Phone: +91 22 27544431
Email: cs@shreeosfm.com
Website: www.shreeosfm.com
Shree OSFM E-Mobility Ltd IPO Registrar
Shree OSFM E-Mobility Ltd IPO Lead Manager(s)
- First Overseas Capital Ltd
FAQ
What is the issue size of Shree OSFM E-Mobility Ltd IPO?
I have pre-applied for Shree OSFM E-Mobility Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.