Om Freight slumps 36% after tepid debut; Advance Agrolife rises 8%

Om Freight's 36% slump marks 2025's worst IPO debut, following Glottis' 35% fall; Advance Agrolife bucks the trend with an 8% listing-day gain

Shares of logistics firm Om Freight Forwarders plunged 36 per cent on debut on Wednesday, marking the worst listing-day performance for a mainboard IPO in 2025.

 

The slump came a day after another logistics player, Glottis, had dropped 35 per cent on its first trading day.

 

Om Freight’s ₹122-crore IPO had been subscribed nearly four times.

 

Meanwhile, shares of Advance Agrolife ended 8 per cent above their issue price.