
✓
Open
14 Dec 2023
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Close
18 Dec 2023
3
Allotment
—
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Listing
Thu, Dec 21, 2023
Price Band
₹65 per share
Issue Size
37,84,000 shares (agg. up to ₹25 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Dec 21, 2023
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
21-12-2023₹0Est. ₹65+0%
20-12-2023₹0Est. ₹65+0%
19-12-2023₹0Est. ₹65+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.93x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 50.20 | 42.04 | 25.88 | 29.10 |
| Total Income | 55.97 | 82.61 | 30.80 | 29.79 |
| Profit After Tax | 2.23 | 3.09 | 1.63 | 0.74 |
| NET Worth | 22.68 | 20.45 | 17.36 | 16.08 |
| Reserves and Surplus | 12.18 | 9.95 | 15.86 | 14.58 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding additional Working capital requirements | 5.11 |
| 2 | Purchase of Passenger Vehicles | 12.22 |
| 3 | General Corporate Purposes | 5.67 |
About Shree OSFM E-Mobility IPO
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 Management Roster management services Logistics for corporate events (MICE) Fleet management The 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
Contact Details
Shree OSFM E-Mobility Ltd. Address104, Green Park, Plot No.2 & 3Sector 3, Opp.Ghansoli Rly StationGhansoliMumbai, Maharashtra, 400701+91 22 27544431cs@shreeosfm.comVisit Website