
Sahara Maritime Limited IPO
BSE SMEListed On: Dec 26, 2023 at ₹ 81.0
₹ 259200 /3200 Shares
*Min Investment
18 Dec, 2023
Open Date20 Dec, 2023
Close Date21 Dec, 2023
Allotment Date26 Dec, 2023
Listing DateSahara 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 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
Sahara Maritime Limited IPO Subscription Analysis And 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
Sahara Maritime Limited Company Financials
| 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 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.
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
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Sahara Maritime Limited IPO is 849,600 shares(aggregating up to ₹6.88 Cr).
Ans. The Sahara Maritime Limited IPO price band is set between ₹81 per equity share.
Ans. To apply for Sahara Maritime Limited 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 Sahara Maritime Limited IPO allotment status online.