Sadhav Shipping Limited IPO
Sadhav Shipping Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹95 per share. The stock debuted at ₹135, delivering a listing gain of 42.1%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,14,000.
Sadhav Shipping Limited IPO
- IPO Dates
- Feb 23, 2024 – Feb 27, 2024
- Price band
- ₹95 per equity share
- Minimum Investment
- ₹1,14,000
- Issue size
- ₹38.18 Cr
- Lot size
- 1200
- Allotment Date
- Feb 28, 2024
- Listing
- Feb 1, 2024
- Listing At
- NSE SME
IPO timeline
-
Feb 23, 2024
Open Date
Completed
-
Feb 27, 2024
Close Date
Completed
-
Feb 28, 2024
Allotment Date
Completed
-
Feb 1, 2024
Listing Date
Completed
Sadhav Shipping Limited IPO Essentials
Sadhav Shipping Limited IPO Details
Sadhav Shipping Limited IPO is priced at ₹95 per share with a total issue size of 38.18 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹95 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,018,800 shares(aggregating up to ₹38.18 Cr)
- Total issue size
- 40,18,800 shares
(aggregating up to ₹38.18 crore) - Fresh issue
- 40,18,800 shares
(aggregating up to ₹38.18 crore) - Listing at
- NSE SME
- List price
- 135.0
- Listing date
- Registrar
- Maashitla Securities Private Limited
- Lead manager
-
Isk Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,14,000 |
| Retail(max) | 1 | 1200 | ₹1,14,000 |
| NII (min) | 2 | 2,400 | ₹2,28,000 |
Sadhav Shipping Limited IPO Reservation
Sadhav Shipping Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,018,800 shares, approximately 47.48% for retail investors, and 5.05% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 202,800 (5.05%) | |
| Retail Shares Offered | 1,908,000 (47.48%) | |
| Total Shares Offered | 4,018,800 (100%) |
Sadhav Shipping Limited IPO Analytics
Sadhav Shipping Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Sadhav Shipping Limited IPO Subscription Status
Sadhav Shipping Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,908,000 | 1,908,000 | 3,816,000 |
|
Day 1
23-02-24 06:00 PM
|
(1.08) x | 2.06 x | 1.57 x |
|
Day 2
26-02-24 06:00 PM
|
(5.55) x | 13.17 x | 9.39 x |
|
Day 3
27-02-24 06:00 PM
|
(184,68) x | 65.40 x | 125.04 x |
Sadhav Shipping Limited Valuations
Earnings
- EPS Pre IPO
- ₹7.5/-
- EPS Post IPO
- ₹5.67/-
- P/E Pre IPO
- 12.66
- P/E Post IPO
- 16.75
Returns
- ROE
- 20.41%
- ROCE
- 14.36%
- RoNW
- 18.94%
Fundamentals
- Price / Book
- 2.40
Sadhav Shipping Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 11,628.71 | 6,909.44 | 6,117.64 |
| Revenue | 7,890.59 | 6,977.94 | 6,123.67 |
| Profit After Tax | 775.44 | 300.93 | 330.77 |
| Net Worth | 4,094.46 | 3,503.51 | 3,205.61 |
| Reserves & Surplus | 3,799.21 | 3,208.26 | 2,910.36 |
| Total Borrowing | 5,527.45 | 2,083.08 | 1,776.04 |
Sadhav Shipping Limited Company & Offer Insights
About Sadhav Shipping Limited
In 1996, Sadhav Shipping Limited was incorporated and owns and operates marine assets to service ports, and coastal logistics, and provides other port maritime-related services. The company was known as Homa Offshore & Shipping Company Private Limited earlier.
These include coastal and inland waterway shipping and lightering of cargo in barges.The company runs and controls Port crafts besides offering high-speed security boats for patrol services.
Sadhav Shipping operates under three business units:
Offshore Logistics: Offshore exploration and production of oil and gas
Port Services: High-speed patrol boats for ports
Oil spill response: Tier 1 oil spill response equipment for ports
The company operates 24 ships, of which 19 are owned and 5 are leased. These are deployed into various sectors of maritime trade in India.
As of March 31, 2023, the company had 421 employees.
Sadhav Shipping Limited Promoter(s)
Mr. Kamal Kant Biswanath Choudhury, Mrs Sadhana Choudhury, Mr. Vedant Kamal Kant Choudhury, Mr. Subhas Chandra Choudhury are the company's promoters of Sadhav Shipping Limited.
Sadhav Shipping Limited IPO Issue Objectives
- •
- Repayment / Prepayment, in part or full of certain outstanding borrowings availed by the company
- •
- Part funding of Capital Expenditure to Purchase/ Acquire additional Boats/ vessels
- •
- Additional Working Capital Requirement
- •
- General Corporate Purpose.
Contact Information
Contact Details
Sadhav Shipping Limited
+91-22-40003355
http://www.sadhavshipping.com/
521 5th Floor, Loha Bhavan, P.Dʹmello Road, Masjid (East), Mumbai - 400009
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Sadhav Shipping Limited IPO is a Fixed Priced IPO worth ₹38.18 crore. The issue price is ₹95 per share (fixed price). The IPO opens on Feb 23, 2024 and closes on Feb 27, 2024. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.
The issue price of Sadhav Shipping Limited IPO is ₹95 per share (fixed price).
The lot size of Sadhav Shipping Limited IPO is 1200 shares.
The minimum investment for Sadhav Shipping Limited IPO is approximately ₹1,14,000 based on the issue price .
Sadhav Shipping Limited IPO opens on Feb 23, 2024 and closes on Feb 27, 2024.
The allotment date of Sadhav Shipping Limited IPO is Feb 28, 2024.
Sadhav Shipping Limited IPO is expected to be listed on Feb 1, 2024, on NSE SME Platform.
Sadhav Shipping Limited IPO valuation snapshot: P/E 16.75, EPS ₹5.67/-, P/B 2.40, RoNW 18.94%, and market cap N/A.
To apply for Sadhav Shipping Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Sadhav Shipping Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Sadhav Shipping Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Sadhav Shipping Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sadhav Shipping Limited IPO allotment status on IPO Ji for quick and easy access.