Sahara Maritime Limited IPO (Sahara Maritime IPO)

Sahara Maritime Limited IPO
Upcoming Sahara Maritime IPO | New Sahara Maritime IPO

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 IPO

Sahara Maritime IPO – Details

IPO Opening Date18 December 2023
IPO Closing Date20 December 2023
Issue TypeFixed Price Issue IPO
Issue Size8,49,600 Shares Worth ₹6.88 Crore
Fresh Issue: 8,49,600 Shares Worth ₹6.88 Crore
Face Value₹10 per equity share
IPO Price₹81
Market Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtBSE SME
RegisterBigshare Services Pvt Ltd
Other Shares Offered50%
Retail Shares Offered50%

Sahara Maritime IPO

Sahara Maritime IPO – Date Schedule

IPO Open Date18 December 2023
IPO Close Date20 December 2023
Basis of Allotment21 December 2023
Initiation of Refund22 December 2023
Credit of Shares to Demat Account22 December 2023
IPO Listing Date26 December 2023
Cut-off time for UPI mandate confirmation5 PM on Dec 20, 2023

Sahara Maritime IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)116001,29,600
Retail (Maximum)116001,29,600
HNI (Minimum)232002,59,200

Company Promoters

  • Mr. Sohrab Rustom Sayed
  • Mr. Nadeem Aboobakar Hira

Object Of The Issue

  • Funding of capital expenditure requirements of the Company towards purchase of: (i) commercial vehicles; and (ii) Office Equipment’s
  • Working capital requirements.
  • General Corporate Purpose.
Sahara Maritime IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202110.219.300.640.38
31 March 202221.0420.330.520.11
31 March 202326.1124.431.201.73
Amount in ₹ Crore

Key Performance Indicator

P/E (x)15.03
EPS (Rs)5.44

Sahara Maritime IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding72.32%

Sahara Maritime IPO Prospectus

Company Contact Information

Sahara Maritime Limited

105, 106, 108, Floor-1, Plot142,
Plaza Shopping Centre, Sheriff Devji Street
Chakala Market Mandvi, Mumbai – 400003

Phone: 022-2347 9362

Sahara Maritime IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Sahara Maritime IPO Lead Manager(s)

1. Swaraj shares and securities private limited

Sahara Maritime IPO FAQs

What is Sahara Maritime IPO?

Sahara Maritime IPO is a SME IPO. The issue is priced at ₹81 per equity share. The IPO is to be listed on BSE SME.
When Sahara Maritime IPO will open?

The IPO is to open on  18 December 2023 for Retail – 50% and Other – 50% Investors.
How to Sahara Maritime IPO?

You can apply Sahara Maritime IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Sahara Maritime IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Sahara Maritime”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Sahara Maritime IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Sahara Maritime”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Sahara Maritime IPO Size?

Sahara Maritime IPO size is ₹6.88 crores.
What is Sahara Maritime IPO Price Band?

Sahara Maritime IPO Price Band is ₹81.
What is Sahara Maritime IPO Minimum and Maximum Lot Size?

The minimum bid is 1600 Shares with ₹1,29,600 amount while the maximum bid is 1600 shares with ₹1,29,600.
What is the Sahara Maritime IPO Allotment Date?

Sahara Maritime IPO allotment date is  21 December 2023.
What is the Sahara Maritime IPO Listing Date?

Sahara Maritime IPO listing date is 26 December 2023. The IPO is to list on BSE SME.
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