About TORM
TORM is a publicly listed company based in Copenhagen (Denmark) founded in 2002, and was acquired by Oaktree Capital Management in April 2015. Product tankers and dry bulk vessels are operated by TORM. The company has 479 employees. TORM has completed 3 acquisitions, including ME Production, OMC Outdoor and OMI Corp. Its website torm.com draws about 32 thousand monthly visits. Its Indian entity Torm Shipping India Private Limited reported revenue of ₹93.96 Cr. Its focus areas include Transportation and Logistics, Freight Forwarders, Air & Ocean and Ocean.
Company details
TORM was founded in 2002 and is headquartered in Copenhagen, Denmark. Operations are focused on the shipping sector, where a fleet of approximately 160 vessels is managed for product tanker and dry bulk transport. Services include the carriage of oil and gasoline products via tankers. The company is listed on Nasdaq Copenhagen, with its domain established as torm.com.
- Headquarters Copenhagen, Denmark
- Employees 479
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Website torm.com
- Social LinkedIn
- Acquired by Oaktree Capital Management (Apr 2015)
- Legal Name Torm Plc Class A
- Indian entity revenue₹93.96 Cr
FY 2025 · 0% YoY
- Indian entity net profit₹8.85 Cr
FY 2025 · 9% margin
- Indian entity EBITDA₹13.30 Cr
FY 2025 · 14% margin
- InvestorsDanske Bank
& 5 more
- Employee Count479
- Investments & AcquisitionsME Production
& 2 more
- Acquired byOaktree Capital Management
(Apr 2015)
Associated legal entities of TORM
TORM operates through Torm Shipping India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Torm Shipping India Private Limited CIN U63000MH1996PTC103985 | Active | 18 Nov 1996 | Mumbai, Maharashtra | ₹94.0 Cr | 162 | 4 | View details |
Funding Insights of TORM
- Total Rounds 3
- First Round $630M
(Jun 2011)
- Investors Count 5
All 3 funding rounds of TORM with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2025 | Post-IPO | – | – | ||
| Jan 2018 | $100M | Post-IPO | – | – | – |
| Jun 2011 | $630M | Debt – Conventional | – | – |
6 investors in total: 6 institutional.
Investors in TORM
TORM has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Danske Bank, BNP Paribas and Oaktree Capital Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors | 1995 | oaktreecapital.com | Los Angeles, United States | |
Financial services including banking and insurance are provided globally. | 1871 | danskebank.com | Copenhagen, Denmark | |
Banking & financial service provider | 1848 | group.bnpparibas | Paris, France | |
Limited information is provided about HCOB's activities. | hcob-bank.de | |||
SEB is recognized as a leading Nordic corporate bank. | 1856 | sebgroup.com | Stockholm, Sweden | |
| hafnia.com |
Investor details for TORM
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Board of directors of Torm Shipping India Private Limited (TORM)
Torm Shipping India Private Limited is the primary company behind TORM. The board of Torm Shipping India Private Limited currently have 4 directors; the longest-serving is Jasdeep Singh Loney, appointed in 2017. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jasdeep Singh Loney DIN 07944459 | Whole-time director | 17 Aug 2017 | 9 yrs 2 mo | Torm Shipping India Private Limited |
| Lars Vandborg Mathiasen DIN 08267119 | Director | 28 Sep 2018 | 8 yrs | Torm Shipping India Private Limited |
| Anand Nandkishor Mandhane DIN 08264231 | Director | 28 Sep 2018 | 8 yrs | Torm Shipping India Private Limited |
| Kim Balle DIN 10909632 | Director | 17 Jan 2025 | 1 yr 9 mo | Torm Shipping India Private Limited |
People of TORM
57 people are tracked at TORM (31 in leadership, 26 in team); the tracked headcount is 479.
| Name | Role | Group |
|---|---|---|
Lene Stampe Sørensen | Head Of People | Leadership |
Veronica Fay Bermann Krivaa | People Business Partner | Leadership |
Jacob Meldgaard | CEO | Leadership |
Antonio Giner | Vice President Head Of Group Procurement, Purchasing & Logistics | Leadership |
Mads Stig Christensen | Head Of S&p Legal | Leadership |
Joakim Nørholm Vasehus | General Manager, Head Of Communications | Leadership |
Andreas Abildgaard-Hein | Vice President, Head Of Group Finance | Leadership |
| Head Of Group General Accounting And Head Of Finance, India | Leadership | |
Mikael Bo Larsen | Head Of Investor Relations | Leadership |
Ravi Bhatia | Head Of Techncial Business Controlling | Leadership |
Chris Everard | General Manager | Leadership |
Lajos Holmslykke | General Manager | Leadership |
Christopher Klagenberg | Head Of Treasury & Risk Management | Leadership |
Capt. Ashish Malik | Global Head Of Training, Torm | Leadership |
| CFO | Leadership | |
Brian Gärtner | Head Of Business Controlling And Analytics | Leadership |
Alexander Schleiter | General Manager, External Reporting | Leadership |
Allan Dan Jensen | Vp, Head Of Marine HR | Leadership |
Abhiram Nagarkar | Head Of Marine Hr, India | Leadership |
Michael Rogado | General Manager Marine HR | Leadership |
37 more people are available in the full profile.
Complete people profiles for TORM
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IPO & Listings of TORM
TORM is a publicly listed company on the OMXCOP with ticker symbol TRMD_A in Denmark, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Jul 2016
- Listed onNASDAQ: TRMD
- Listed entityTORM PLC Class A
- Exchange sectorTransportation
- ISINGB00BZ3CNK81
- Share price280.00 DKK (+1.97% on the day) · 2026-10-14
- Market capitalisation28,069,202,882.00 DKK
- Price to earnings7.2
- EPS (diluted, trailing year)38.93 DKK
- Dividend yield10.32%
- Volume (last session)30,503
Financials of TORM
Figures of Torm Shipping India Private Limited, the primary company behind TORM, for FY 2025. Revenue was ₹93.96 Cr (0% year on year). Net profit was ₹8.85 Cr (9% margin). EBITDA was ₹13.30 Cr (14% margin). Revenue has grown at a compounded annual rate of +18% over three years and +12% over five years.
- ₹93.96 CrRevenue · FY 2025 · 0% YoY
- ₹8.85 CrNet profit · 9% margin
- ₹13.30 CrEBITDA · 14% margin
- ₹10 LakhPaid-up capital
- 162Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 8.86B DKK | 1.89B DKK | 3.68B DKK |
| 2024 | 10.75B DKK | 4.22B DKK | 5.47B DKK |
| 2023 | 10.48B DKK | 4.47B DKK | 5.29B DKK |
| 2022 | 10.22B DKK | 3.98B DKK | 5.14B DKK |
| 2021 | 3.90B DKK | -264.8M DKK | 855.6M DKK |
Balance sheet, profit and loss, cash flow and ratios of Torm Shipping India Private Limited are on its company page.
Detailed financial statements for TORM
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by TORM
TORM has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ME Production, OMC Outdoor and OMI Corp.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Marine exhaust gas cleaning systems are produced for maritime use. | meproduction.com | Frederikshavn, Denmark | 1945 | Aug 2022 | •••• | |
Air-actuated boat lifts are manufactured and serviced by OMC Outdoor. | omcop.com | Springfield, United States | 1992 | Apr 2007 | $2.2B | |
International shipping of crude oil and refined products is provided. | omicorp.com | Stamford, United States | 1968 | Apr 2007 | $2.2B |
Complete acquisition details for TORM
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Timeline of TORM
8 dated milestones of TORM across 23 years, from founding to its latest funding, stage changes and deals.
- Founded TORM is founded.
- Acquisition Acquires OMC Outdoor.
- Acquisition Acquires OMI Corp.
- Funding First funding round of $630.0M.
- Exit Acquired by Oaktree Capital Management.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires ME Production.
- Funding Latest funding round, Post-IPO,.
Web traffic of TORM
The website of TORM (torm.com) receives about 32K visits a month and ranks #1,107,204 among all websites worldwide, #5,040 in Shipping and Logistics.
- Monthly visits32K
▲ 23.7% vs previous month
- Unique visitors10.4K
per month
- Global rank#1,107,204
among all websites
- Category rank#5,040
Business and Consumer Services · Shipping and Logistics
- Bounce rate41%
- Pages per visit1.8
- Average visit19 sec
- DevicesDesktop 40% · Mobile 60%
Websites whose visitors overlap most with TORM. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ds-norden.com | 100% | View details | |||
j-l.com | j-l.com | 99% | #9,408,471 | – | |
| nordictankers.com | 91% | View details | |||
| mscshipmanagement.com | 82% | #1,408,456 | View details | ||
shippingtelegraph.com | shippingtelegraph.com | 82% | #991,845 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for TORM
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Related news about Torm
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Frequently Asked Questions about TORM
TORM was founded in 2002 and raised its 1st funding round 9 years after it was founded.
TORM is headquartered in Copenhagen, Denmark.
TORM has 479 employees.
The primary company behind TORM, Torm Shipping India Private Limited, reported revenue of ₹93.96 Cr for FY 2025, down 0% year on year.
TORM was founded in 2002 and is headquartered in Copenhagen, Denmark. Operations are focused on the shipping sector, where a fleet of approximately 160 vessels is managed for product tanker and dry bulk transport. Services include the carriage of oil and gasoline products via tankers. The company is listed on Nasdaq Copenhagen, with its domain established as torm.com.
Yes, TORM is publicly traded on OMXCOP under the ticker symbol TRMD_A.
TORM has made 3 acquisitions, including ME Production, OMC Outdoor, and OMI Corp.
TORM has 6 investors. Key investors include Danske Bank, BNP Paribas, Oaktree Capital Management, SEB, and HCOB.
TORM operates through Torm Shipping India Private Limited.
Yes. TORM was acquired by Oaktree Capital Management in April 2015.
The legal entities of TORM currently have 4 directors, including Lars Vandborg Mathiasen, Anand Nandkishor Mandhane, Jasdeep Singh Loney and others.