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
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Meanwhile, shares of Advance Agrolife ended 8 per cent above their issue price. | File Image
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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.
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First Published: Oct 08 2025 | 6:25 PM IST