
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
Overall Subscription
8.12x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
6.94x
High Net-Worth
Retail (RII)
9.30x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,792,000 | 12,428,000 | 6.94x |
| RETAIL | 1,792,000 | 16,674,000 | 9.30x |
| Total | 3,584,000 | 29,102,000 | 8.12x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 662 | 6,157 | 9.30x |
| HNIs (10L +) | 4 | 28 | 6.94x |
| HNIs (2-10L) | 20 | 139 | 6.94x |
| Total Applications | 686 | 6,324 | 9.22x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Shree OSFM E-Mobility Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹65 to ₹65 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,30,000. Expected listing price is ₹65 per equity share.
The Shree OSFM E-Mobility Limited IPO aggregate issue size is ₹24.6 Crores with an equity price band set at ₹65 to ₹65 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,30,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 8.12x (Retail: 9.30x, QIB: 0.00x, NII: 6.94x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2023-12-19. Investors can verify status using PAN card or application number.
Shree OSFM E-Mobility Limited shares are scheduled to list on NSE on 2023-12-21.