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Shree OSFM E-Mobility Ltd

Shree OSFM E-Mobility Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹65
₹65
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹65
Based on GMP
Min. Investment
₹130,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 Dec 2023
Close Date
18 Dec 2023
Allotment
19 Dec 2023
Listing Date
21 Dec 2023
Exchange
NSE SME
Price Band
₹65
Listing Price
See chart
Allotment Status
Price Band
₹65
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
37,84,000 shares (aggregating up to ₹24.60 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹130,000
1 lot
Pre-IPO Holding
1,05,00,000 shares
Promoters
Post-IPO Holding
1,42,84,000 shares
Promoters
P/E (Pre)
22.08x
 
P/E (Post)
20.83x
 
EPS (Pre)
₹2.94
 
UPI Deadline
2023-12-18
Mandate
Anchor AllotmentWed, 13 Dec 2023
Basis of AllotmentTue, 19 Dec 2023
Refund InitiationWed, 20 Dec 2023
Demat CreditWed, 20 Dec 2023
Listing DayThu, 21 Dec 2023
UPI Mandate Deadline2023-12-18
Sale TypeFresh Capital
Net Offer to Public35,84,000 shares (aggregating up to ₹23.30 Cr)
Market Maker Quota2,00,000 shares (aggregating up to ₹1.30 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Shree OSFM E-Mobility Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Dec 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
200,000
₹1.30
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,784,000
100% ₹24.60
IPO Shares Offered
Shree OSFM E-Mobility Ltd IPO total issue size: ₹24.60 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 200,000 ₹1.30
5.29%
Total 3,784,000 ₹24.60
100.00%
* Based on upper price band ₹65 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹65.00
Upper Band
Min Investment
₹130,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹260,000
Retail (Max — 13 Lots)1326,000₹1,690,000
S-HNI (Min — 14 Lots)1428,000₹1,820,000
B-HNI (Min — 68 Lots)68136,000₹8,840,000
* Issue Price ₹65 × Lot Size 2,000 shares
IPO Schedule
Anchor
13 Dec 2023
✓ Done
IPO Open
14 Dec 2023
✓ Done
IPO Close
18 Dec 2023
✓ Done
Allotment
19 Dec 2023
✓ Done
Refunds
20 Dec 2023
✓ Done
Demat Credit
20 Dec 2023
✓ Done
Listing Day
21 Dec 2023
✓ Done
Shree OSFM E-Mobility Ltd — Live Price LIVE
₹65.00
INR · NSE
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Issue ₹65.00 Live Price
About Shree OSFM E-Mobility Ltd
Incorporated in 2006, Shree OSFM E-Mobility Limited provides transportation services to employees of large multinational companies in major Indian cities. The company operates a fleet of more than 1475 vehicles, including small cars, sedans, SUVs, luxury cars and buses. Of these, 217 vehicles are owned by the company, while the rest are leased from various providers.Shree OSFM operates on an "asset-light" model. Typical operating parameters are a monthly rental, per kilometre, per passenger trip and package mode.The company has branches in 42 locations in cities such as Mumbai, Navi Mumbai, Pune, Bengaluru and Kolkata. Shree OSFM E-Mobility's clients include JP Morgan, Morgan Stanley, Cape Gemini, Accenture etc.The service portfolio of Shree OSFM E-Mobility includes:Travel Desk ManagementRoster management servicesLogistics for corporate events (MICE)Fleet managementThe Company recorded total revenue of Rs. 8,261.01 lacs, Rs. 3,079.58 lacs and Rs. 2,978.51 lacs for the financial years 2023, 2022 and 2021 respectively.Competitive strengths:-The company can leverage its current customer relationships to promote and sell other services or products.Going forward, the company will focus on strategic acquisitions and joint ventures to expand its product portfolio and enter new markets.
Objects of the Issue
1
Funding additional Working capital requirements
2
Purchase of Passenger Vehicles
3
General Corporate Purposes
Shree OSFM E-Mobility Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹3,079.6
31 Mar 2022
₹8,261.0
31 Mar 2023
₹5,597.1
30 Sep 2023
Profit After Tax (PAT)
₹162.8
31 Mar 2022
₹309.1
31 Mar 2023
₹222.6
30 Sep 2023
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 5597.09 8261.01 3079.58
EBITDA N/A N/A N/A
Profit After Tax (PAT) 222.59 309.09 162.78
Net Worth 2267.95 2045.36 1736.27
Total Assets 5019.67 4203.97 2588.41
Reserves & Surplus 1217.95 995.36 1586.27
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
0.09%
RoCE
0.21%
RoNW
15.11%
Debt/Equity
0.45
Issue Structure & Shareholding
Total Shares Offered37,84,000 (100.00%)
Net Offer to Public35,84,000 shares (aggregating up to ₹23.30 Cr)
Reserved for Market Maker2,00,000 shares (aggregating up to ₹1.30 Cr)
Pre-Issue Promoter Holding1,05,00,000 shares
Post-Issue Promoter Holding1,42,84,000 shares
P/BV RatioN/A
RoE0.09%
RoCE0.21%
Debt / Equity0.45
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
First Overseas Capital Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Shree OSFM E-Mobility Ltd IPO subscribed?

Shree OSFM E-Mobility Ltd IPO is subscribed 1.00 times by Dec 18, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Shree OSFM E-Mobility Ltd IPO retail subscription status?

The Shree OSFM E-Mobility Ltd IPO retail category is subscribed 1.00 times as of 18 Dec 2023. The retail portion is oversubscribed.

How to subscribe Shree OSFM E-Mobility Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 Dec 2023 and closes 18 Dec 2023. Min investment: ₹130,000 (1 lot = 2,000 shares). UPI mandate: 2023-12-18.

How many times Shree OSFM E-Mobility Ltd IPO subscribed?

The Shree OSFM E-Mobility Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Shree OSFM E-Mobility Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Dec 2023. Refunds: on 20 Dec 2023.

When Shree OSFM E-Mobility Ltd IPO will be listed?

The Shree OSFM E-Mobility Ltd IPO listing date is 21 Dec 2023, Thursday. Listed on: NSE SME. Issue price: ₹65. Estimated listing: ₹65. GMP: NIL.

When Shree OSFM E-Mobility Ltd IPO close?

The Shree OSFM E-Mobility Ltd IPO closes on 18 Dec 2023, Monday. UPI mandate: 2023-12-18. Allotment: 19 Dec 2023. Listing: 21 Dec 2023.