Shree OSFM E-Mobility Limited

Company Profile
Company Name Shree OSFM E-Mobility Limited
Open Date 14-12-2023
Close Date 18-12-2023
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹65 per share
Issue Size 37,84,000 Equity Shares
Application Amount ₹ 1,30,000
Recommendation Avoid
Shree OSFM E-Mobility Limited was originally incorporated in the year 2006 and has its registered office in Maharashtra, India. The company is s engaged in providing employee transportation services to large MNCs with a presence across major cities in India. The company operates with a 1475+ fleet with a variety of vehicles such as small cars, Sedans, SUVs, Luxury Cars and Buses of which 217 vehicles are owned by the company and the rest are leased from various vendors. As of 31st October 2023, the Company had 154 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-2 1 Mar-22 Mar-23 Sep-23
Total Assets 2,909.86 2,588.41 4,203.97 5,019.67
Net Assets 1,607.99 1,736.27 2,045.36 2,267.95
Total Borrowings 564.81 277.66 920.90 1,027.33
Total Revenue 2,978.51 3,079.58 8,261.01 5,597.09
Profit After Tax 73.76 162.78 309.09 222.59

Tentative Timeline

Opening Date 14-12-2023
Closing Date 18-12-2023
Basis of Allotment 19-12-2023
Initiation of Refunds 20-12-2023
Credit of Shares to Demat 20-12-2023
Listing Date 21-12-2023

Objects of the Issue

Funding Working Capital Requirement
Purchase of Passenger Vehicles
General Corporate Purpose

Contact Information

Registered Office Shree OSFM E-Mobility Limited - 104, Green Park, Plot No. 2 & 3, Sector 3, Opp. Ghansoli Rly Station, Ghansoli, New Mumbai - 400701
Phone +91 22 27544431
Email cs@shreeosfm.com
Website https://shreeosfm.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Market Maker Shares Offered 200,000 (5.29%)
Other Shares Offered 1,792,000 (47.36%)
Retail Shares Offered 1,792,000 (47.36%)
Total Shares Offered 3,784,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 76.02%
Share Holding Post Issue (Promoters) 55.88%

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