Sahara Maritime Limited IPO
BSE SMEListed On: Dec 26, 2023 at ₹ 81.0
₹ 129600 /1600 Shares
Check AllotmentSahara Maritime Limited IPO Details
18 Dec, 2023
Open Date20 Dec, 2023
Close Date21 Dec, 2023
Allotment Date26 Dec, 2023
Listing DateIssue Price
₹81 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
81.0Listing Date
2023-12-26Market Lot
1600 Shares (₹129,600/-)Lead Manager
Swaraj shares and securities private limitedIssue Size
849,600 shares(aggregating up to ₹6.88 Cr)Retail Portion
50%Subscription
22.67 timesSahara Maritime Limited IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 403,200 | 403,200 | 806,400 |
Day 1 - 18-12-23 06:00 PM | 0.84 x | 2.99 x | 1.91 x |
Day 2 - 19-12-23 06:00 PM | 1.48 x | 11.05 x | 6.27 x |
Day 3 - 20-12-23 06:00 PM | 8.98 x | 36.35 x | 22.67 x |
Sahara Maritime Limited Valuations
Earnings Per Share (EPS)
₹5.44/-P/E Ratio
15.03RoNW
22.76%Net Asset Value (NAV) - Post Issue
₹N/A/-Sahara Maritime Limited Company Financials All values are in ₹ Lakh
31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
---|---|---|---|
Assets | 964.52 | 733.57 | 535.74 |
Revenue | 2,611.12 | 2,104.52 | 1,021.64 |
Profit After Tax | 120.74 | 52.35 | 64.78 |
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.
Sahara Maritime Limited - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 72.32%
Company Promoter(s)
- Mr. Sohrab Rustom Sayed
- Mr. Nadeem Aboobakar Hira
Sahara Maritime Limited IPO - Issue Objectives
- Funding of capital expenditure requirements of the Company towards purchase of: (i) commercial vehicles; and (ii) Office Equipment's
- Working capital requirements
- 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.