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Sahara Maritime Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹81
Per Share
GMP
NIL
Grey Market
Est. Listing
₹81
Expected Price
Min. Application
₹259,200
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹81 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size8,49,600 shares (aggregating up to ₹6.88 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 18 Dec 2023
Subscription CloseWed, 20 Dec 2023
Anchor AllotmentSun, 17 Dec 2023
Basis of AllotmentThu, 21 Dec 2023
Initiation of RefundsFri, 22 Dec 2023
Credit of Shares to DematFri, 22 Dec 2023
Listing DateTue, 26 Dec 2023
UPI Mandate Deadline2023-12-20
Application & Investment Details
Retail — Min (1 Lots)₹1,29,600 — 1,600 shares
Retail — Max (13 Lots)₹1,684,800 (13 Lots)
HNI — Min (2 Lots)₹2,59,200 — 3,200 shares
EPS (Pre-IPO)₹5.44
P/E Ratio (Pre-IPO)15.03x
Net Offer to Public8,06,400 shares (aggregating up to ₹6.53 Cr)
Reserved for Market Maker43,200 shares (aggregating up to ₹0.3499 Cr)
Pre-IPO Promoter Holding22,21,050 shares
Post-IPO Promoter Holding30,70,650 shares
About Sahara Maritime Ltd

Incorporated in 2009, 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 followingFreight 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.

Objects of the Issue

Sahara Maritime Ltd proposes to utilise the net proceeds from the Issue for the following objects:

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
Shareholding & Lock-in
Pre-IPO Promoter Holding 22,21,050 shares
Post-IPO Promoter Holding 30,70,650 shares
Check AllotmentCheck Status →
Sahara Maritime Ltd — Live Price LIVE
₹81.00
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Issue ₹81.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹81
GMPNIL
Est. Listing₹81
Lot Size1,600 shares
Min Amount₹259,200
Listing Date26 Dec 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹81
Listing Date26 Dec 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 43,200 ₹0.35 Cr
TOTAL 849,600 100.00% ₹6.88 Cr
* Based on ₹81.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹81.00
Per Share
Min Investment
₹129,600
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹129,600
Retail (Max) 13 20,800 ₹1,684,800
sNII (Min) 14 22,400 ₹1,814,400
bNII (Min) 68 108,800 ₹8,812,800
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 531.99 2611.12 2104.52
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1.04 120.74 52.35
Net Worth 531.58 530.54 365.69
Total Assets 880.95 964.52 733.57
Reserves & Surplus 309.47 308.43 364.69
Total Borrowings 163.81 173.26 11.97
Key Ratios & Valuation
Issue Price ₹81
Face Value ₹10 Per Share
P/BV N/A
RoE 26.72%
RoCE 32.77%
RoNW 22.76%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity 0.33
Company Details
Company
Sahara Maritime Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
105, 106, 108, Floor-1, Plot142, Plaza Shopping Centre, Sheriff Devji Street Chakala Market Mandvi Mumbai, Maharashtra, 400003
Book Running Lead Managers
Swaraj shares & securities Pvt.Ltd.
Book Running Lead Manager (BRLM)