Shree OSFM E-Mobility SME IPO Details 2026

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 will focus on strategic acquisitions and joint ventures to expand its product portfolio and enter new markets.