Sahara Maritime IPO Date, Review, Price, Allotment Details

Sahara Maritime IPO Details: Sahara Maritime IPO date is fixed, The IPO will open on December 18 and will close on December 20. Sahara Maritime is a BSE SME IPO to raise ₹6.88 crores via IPO. The Sahara Maritime IPO price band is fixed at ₹81 with a market lot of 1600 shares.
Sahara Maritime IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹129,600
Retail Maximum11600₹129,600
S-HNI Minimum23200₹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
YearRevenueExpensePAT
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/

Sahara Maritime IPO FAQs


What is Sahara Maritime IPO?

Sahara Maritime IPO is a BSE SME IPO. They are going to raise ₹6.88 Crores via IPO. The issue is priced at ₹81 per equity share. The IPO is to be listed on BSE.

When Sahara Maritime IPO will open?

The IPO is to open on December 18, 2023 for NII, and Retail Investors.

What is Sahara Maritime IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the 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 Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sahara Maritime”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sahara Maritime IPO through Upstox?

Log in to Upstox 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 Upstox.

How to Apply the Sahara Maritime IPO through Paytm Money?

Log in to Paytm Money 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 Paytm Money.

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 per equity share.

What is Sahara Maritime IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹129,600.

What is Sahara Maritime IPO Allotment Date?

Sahara Maritime IPO allotment date is December 21, 2023.

What is Sahara Maritime IPO Listing Date?

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

Note: The Sahara Maritime IPO details are announced officially. The IPO grey market premium (Sahara Maritime IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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