
Emerging SME Services · NSE
Shree OSFM E-Mobility Limited, incorporated in 2006 and formerly known as Om Sai Fleet Management (India) Private Limited, provides employee transportation services to major multinational corporations across key Indian cities. Operating on an "asset-light" engagement model, the company offers transportation solutions on a monthly lease, per kilometer, per passenger trip, and package basis. With a fleet of over 1,475 vehicles, including small cars, sedans, SUVs, luxury cars, and buses, Shree OSFM owns 217 vehicles while the rest are leased from various vendors. The company operates across 42 sites in cities such as Mumbai, Navi Mumbai, Pune, Bengaluru, and Kolkata, serving corporate clients like JP Morgan, Morgan Stanley, Capgemini, and Accenture. Its service portfolio includes travel desk management, roster management services, corporate event logistics (MICE), and fleet management. The company reported total revenues of ₹8,261.01 lakh in FY 2023, ₹3,079.58 lakh in FY 2022, and ₹2,978.51 lakh in FY 2021.
Price Band
₹65
Issue Size
₹24.60 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹65
at current GMP
Subscribed
8.12x
overall
Open
14 Dec 2023
Close
18 Dec 2023
Allotment
19 Dec 2023
Refund
20 Dec 2023
Demat Credit
21 Dec 2023
Listing
21 Dec 2023
Designated Registrar: Bigshare Services Pvt Ltd
Allotment Date
19 Dec 2023
Basis finalization
Refunds Initiate
20 Dec 2023
Mandate release
Demat Credit
21 Dec 2023
Shares in demat
Listing Debut
21 Dec 2023
Trading begins
Shree OSFM E-Mobility Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹24.6 Crores. The shares are offered at a price band of ₹65 to ₹65 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,30,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-21, while un-allotted funds or UPI block mandates will be released on 2023-12-20.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.