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 – Details
| IPO Opening Date | 18 December 2023 |
| IPO Closing Date | 20 December 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 8,49,600 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 Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Sahara Maritime IPO
Sahara Maritime IPO – Date Schedule
| IPO Open Date | 18 December 2023 |
| IPO Close Date | 20 December 2023 |
| Basis of Allotment | 21 December 2023 |
| Initiation of Refund | 22 December 2023 |
| Credit of Shares to Demat Account | 22 December 2023 |
| IPO Listing Date | 26 December 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Dec 20, 2023 |
Sahara Maritime IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,29,600 |
| Retail (Maximum) | 1 | 1600 | 1,29,600 |
| HNI (Minimum) | 2 | 3200 | 2,59,200 |
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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 10.21 | 9.30 | 0.64 | 0.38 |
| 31 March 2022 | 21.04 | 20.33 | 0.52 | 0.11 |
| 31 March 2023 | 26.11 | 24.43 | 1.20 | 1.73 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 15.03 |
| ROE | 26.72% |
| ROCE | 32.77% |
| Debt/Equity | 0.33 |
| EPS (Rs) | 5.44 |
| RoNW | 22.76% |
Sahara Maritime IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.32% |
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 Email: info@saharamaritime.com Website: https://saharamaritime.com/ |
Sahara Maritime IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
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. |
