Sahara Maritime Limited is registered with the Director General of Shipping, Ministry of Shipping, Government of India to act as a Multimodal Transport Operator, and is an ISO 9001:2015 certified Freight Forwarder. The Company specializes in sea freight forwarding. Sahara Maritime caters its services mainly in the domestic market specifically in the state of Maharashtra.
They offer services like Sea Freight Forwarding, Warehousing, Multimodal Transportation, and Allied Logistics Services. Their registered office is in Mumbai, Maharashtra also their Godown is located in Mumbai, Maharashtra.
Sahara Maritime offers a comprehensive range of freight-related services, along with ancillary transport management. Additionally, they have established informal partnerships with various intermediaries to provide ancillary services such as Transportation, Multimodal Transportation, Project cargo handling, Third Party Logistics, Packaging, loading/unloading, and unpacking of items. These additional services enable them to provide end-to-end solutions and other value-added services that cater to customers’ diverse needs.
Objects 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 Purposes
Sahara Maritime IPO Review
- Avoid
Sahara Maritime IPO Date & Price Band Details
| IPO Open: | December 18, 2023 |
| IPO Close: | December 20, 2023 |
| IPO Size: | Approx ₹6.88 Crores, 849,600 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹81 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Sahara Maritime IPO Market Lot
The Sahara Maritime IPO minimum market lot is 1600 shares with a ₹129,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹129,600 |
| Retail Maximum | 1 | 1600 | ₹129,600 |
| S-HNI Minimum | 2 | 3200 | ₹259,200 |
Sahara Maritime IPO Dates
The Sahara Maritime IPO date is December 18 and the IPO close date is December 20. The IPO allotment date is December 21 and the IPO might list on December 26.
| IPO Open Date: | December 18, 2023 |
| IPO Close Date: | December 20, 2023 |
| Basis of Allotment: | December 21, 2023 |
| Refunds: | December 22, 2023 |
| Credit to Demat Account: | December 22, 2023 |
| IPO Listing Date: | December 26, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Sahara Maritime IPO Form
How to apply Sahara Maritime IPO? You can apply Sahara Maritime IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sahara Maritime IPO in the Invest section. The other option you can apply Sahara Maritime IPO via IPO forms download via the BSE website. Check out the Sahara Maritime forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Sahara Maritime Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹10.22 | ₹9.30 | ₹0.65 |
| 2022 | ₹21.05 | ₹20.31 | ₹0.52 |
| 2023 | ₹26.11 | ₹24.44 | ₹1.21 |
| 2024 6M | ₹5.32 | ₹5.31 | ₹0.01 |
Sahara Maritime IPO Valuation – FY2023
Check Sahara Maritime IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹5.44 per Equity Share |
| Price/Earning P/E Ratio: | 15.03 |
| Return on Net Worth (RoNW): | 22.76% |
| Net Asset Value (NAV): | ₹23.90 per Equity Share |
Peer Group
- Cargotrans Maritime Limited
- AVG Logistics Limited
- Cargosol Logistics Limited
- Amiable Logistics India Limited
- Timescan Logistics (India) Limited
Company Promoters
- Mr. Sohrab Rustom Sayed
- Mr. Nadeem Aboobakar Hira
Sahara Maritime IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://www.bigshareonline.com
Sahara Maritime IPO Allotment Status
Check Sahara Maritime IPO allotment status on Bigshare website URL. Click Here
Sahara Maritime IPO Lead Managers aka Merchant Bankers
- Swaraj shares and securities private limited
Company Address
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: [email protected]
Website: https://saharamaritime.com/
