IPO

Sahara Maritime Limited IPO

BSE SME

Listed On: Dec 26, 2023 at ₹ 81.0

₹ 129600 /1600 Shares

Check Allotment

Sahara Maritime Limited IPO Details

18 Dec, 2023

Open Date

20 Dec, 2023

Close Date

21 Dec, 2023

Allotment Date

26 Dec, 2023

Listing Date

Issue Price

₹81 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

81.0

Listing Date

2023-12-26

Market Lot

1600 Shares (₹129,600/-)

Lead Manager

Swaraj shares and securities private limited

Issue Size

849,600 shares(aggregating up to ₹6.88 Cr)

Retail Portion

50%

Subscription

22.67 times

IPO Docs

DRHP RHP

Sahara Maritime Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved403,200403,200806,400
Day 1 - 18-12-23 06:00 PM0.84 x2.99 x1.91 x
Day 2 - 19-12-23 06:00 PM1.48 x11.05 x6.27 x
Day 3 - 20-12-23 06:00 PM8.98 x36.35 x22.67 x

Sahara Maritime Limited Valuations

Earnings Per Share (EPS)

₹5.44/-

P/E Ratio

15.03

RoNW

22.76%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Sahara Maritime Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets964.52733.57535.74
Revenue2,611.122,104.521,021.64
Profit After Tax120.7452.3564.78

About The Company

Sahara Maritime Limited is a non-governmental organization that provides transportation, storage and communication services for maritime needs. The company offers a range of freight services to its clients, which includes transportation management. The company has partnered with various intermediaries to provide additional services such as multimodal transportation, project cargo handling, third party logistics, packing, loading and unloading of items. Sahara Maritime's services include the following

Freight Forwarding: The company offers sea freight forwarding services, including booking space for export shipments and organizing all shipping requirements for customers.

Warehousing: As part of its services, the company has leased a warehouse facility to facilitate warehousing and reduce administration time.

Multimodal transportation: The multimodal transportation services offered by the company are a reliable and efficient way of combining different modes of transport, such as sea and land transport, into one overall process. This ensures that goods are transported cost-efficiently from door to door - all under one roof.

Allied logistics services: The company offers a range of services, including handling heavy transportation equipment, chartering shipments, door-to-door deliveries, freight handling and packaging. The door-to-door delivery service facilitates logistics management, while the freight service caters to the special transportation requirements of goods.

The company works on asset light model that reduces the risk of operation cost such as fuel costs, maintenance costs and depreciation and capital expenditure.

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Sahara Maritime Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 72.32%


Company Promoter(s)

  1. Mr. Sohrab Rustom Sayed
  2. Mr. Nadeem Aboobakar Hira

Sahara Maritime Limited IPO - Issue Objectives

  1. Funding of capital expenditure requirements of the Company towards purchase of: (i) commercial vehicles; and (ii) Office Equipment's
  2. Working capital requirements
  3. General Corporate Purposes

Sahara Maritime Limited IPO - FAQs

Ans. Sahara Maritime Limited IPO is a SME IPO. The issue is priced at ₹81 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Dec 18, 2023, and closes on Dec 20, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Sahara Maritime Limited IPO opens on Dec 18, 2023 and closes on Dec 20, 2023.

Ans. The size of Sahara Maritime Limited IPO is 849,600 shares(aggregating up to ₹6.88 Cr).

Ans. The IPO price band is set between ₹81 per equity share.

Ans. To apply for Sahara Maritime Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Sahara Maritime Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Sahara Maritime Limited IPO is Dec 21, 2023.

Ans. The Sahara Maritime Limited IPO will be listed on Dec 26, 2023.

Ans. Follow the steps to check the allotment status for Sahara Maritime Limited IPO here.