O.F.I. established a women's football department in the 2015–16 season, which started its journey from the Greek third division. In their first season, they went unbeaten in their group thus winning promotion to the second division.[1] In 2016–17, OFI continued their undefeated streak, winning all eight of their games to get promoted to the Greek A Division for the first time.[2]
During the 2017-18 Greek A Division season, they only won 3 out of 22 matches, resulting in their relegation back to the B Division.[3] In 2018–19, they managed to top their group and bounce back to the first tier with the help of Maria Araviaki, who scored 18 goals, as well as Greek internationals Vasso Kydonaki, Maria Kokotsaki and Elisavet Apostolaki.
Since the 2019–20 season, they have been competing in the top tier of Greek football and in recent years they have become one of the best teams in the league. OFI have signed some notable players like Ioanna Chamalidou, Maria Paterna and Nasia Peiou that have represented Greece at international level, as well as footballers from abroad, like Gerli Israel, Nikola Rybanská, Victoria Kaláberová, Andrea Gurtner and Aqsa Mushtaq.
In the 2023-24 season, OFI finished second, the highest ranking in their history.[4] Their top goal scorer was Slovak Nikola Rybanská who scored 24 goals.[5] They also reached the semifinals of the 2024 Greek Cup, where they lost to PAOK.[6]