IPO

Sahara Maritime Limited IPO

BSE SME

Listed On: Dec 26, 2023 at ₹ 81.0

₹ 259200 /3200 Shares
*Min Investment

Check Allotment

18 Dec, 2023

Open Date

20 Dec, 2023

Close Date

21 Dec, 2023

Allotment Date

26 Dec, 2023

Listing Date
Sahara Maritime Limited IPO Issue Details
  • Issue Price ₹81 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 849,600 shares(aggregating up to ₹6.88 Cr)
  • Listing at BSE SME
  • List Price 81.0
  • Listing Date 2023-12-26
  • Lead Manager Swaraj shares and securities private limited
  • Registrar Bigshare Services Pvt Ltd
Sahara Maritime Limited IPO Details
  • Retail Portion 50%
Sahara Maritime Limited IPO Documents
Sahara Maritime Limited IPO Details


Sahara Maritime Limited IPO is an SME IPO, priced at ₹81 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.

The IPO bidding window is open from Dec 18, 2023 to Dec 20, 2023. The allotment is expected to be finalized on Dec 21, 2023, and the tentative listing date is Dec 26, 2023.


The registrar of the IPO is Bigshare Services Pvt Ltd, and

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Sahara Maritime Limited IPO Subscription Analysis And Details
Retail
36.35x
Total
22.67x
As onQIB / NIIRetailTotal
Shares Offered / Reserved403,200403,200806,400
Day 1 18-12-23 06:00 PM
0.84 x2.99 x1.91 x
Day 2 19-12-23 06:00 PM
1.48 x11.05 x6.27 x
Day 3 20-12-23 06:00 PM
8.98 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
In Lakhs
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 Sahara Maritime Limited 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)

Mr. Sohrab Rustom Sayed

Mr. Nadeem Aboobakar Hira

Pre Issue Share Holding : 100%

Post Issue Share Holding : 72.32%

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