Sadhav Shipping Limited IPO

Sadhav Shipping Limited IPO bidding starts from February 23, 2024 and ends on February 27, 2024. The allotment for the Sadhav Shipping Limited IPO is expected to be finalized on February 28, 2024. Sadhav Shipping Limited IPO will list on NSE SME with tentative listing date fixed as March 1, 2024. Sadhav Shipping Limited IPO price band is set at ₹95 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹1,14,000.

Important Dates:-

ParticularsValue
Open Date:-February 23, 2024
Close Date:-February 27, 2024
Allotment Date:-February 28, 2024
Listing Date:-March 1, 2024

About Sadhav Shipping Limited :-

Established in 1996, Sadhav Shipping Limited, formerly known as Homa Offshore & Shipping Company Private Limited, operates marine assets for port services, coastal logistics, and other maritime-related operations. The company owns and operates barges utilized for coastal and inland waterway transportation and lightering activities. Additionally, it manages port crafts and provides high-speed security boats for patrol services.

Sadhav Shipping operates through three primary business divisions: Offshore Logistics, which focuses on the exploration and production of oil and gas in offshore fields; Port Services, offering high-speed patrol boats for port security; and Oil Spill Response, providing Tier 1 oil spill response equipment for ports.

The company boasts a fleet of 24 ships, with 19 owned and 5 leased, deployed across various sectors of India's maritime trade. As of March 31, 2023, Sadhav Shipping Limited employed 421 individuals.

Contact Details :-

Address:- Sadhav Shipping Limited 521 5th Floor, Loha Bhavan, P.Dʹmello Road, Masjid (East), Mumbai - 400009

Phone:- +91 ‐22‐40003355

E-mail:- cs@sadhav.com

Website:- http://www.sadhavshipping.com/

IPO Details :-

ParticularsValue
IPO Type:-SME
Price:-₹95
Lot Size:-1200
Minimum Amount for 1 Lot:-1,14,000
Listing At:-NSE SME
Total issue of Shares:-40,18,800
Total issue Size:-38.18 Crore
Fresh issue of Shares:-40,18,800
Fresh issue Size:-38.18 Crore
Face Value:-10 per Equity Share

Financial Information :-

Amount in ₹ Lakh

Period Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets13,113.4911,628.716,909.446,117.64
Revenue3,385.697,890.596,977.946,123.67
Profit After Tax406.97775.44300.93330.77
Net Worth4,501.444,094.463,503.513,205.61
Reserves and Surplus4,206.183,799.213,208.262,910.36
Total Borrowing6,681.845,527.452,083.081,776.04

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-136
ROE:-20.41%
ROCE:-14.36%
RoNW:-18.94%

IPO Registrar :-

Name:- Maashitla Securities Private Limited

Website:- https://maashitla.com/allotment-status/public-issues

IPO Prospectus :-

ParticularsLink
Sadhav Shipping Limited IPO DHRP:-Click Here
Sadhav Shipping Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
23-02-20241410914.74%
24-02-2024 1811318.95%
25-02-2024 1811318.95%
26-02-2024 2411925.26%
27-02-20243212733.68%
28-02-20242612127.37%
29-02-2024 3012531.58%
01-03-20243012531.58%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 23, 20242.061.57
February 26, 202413.179.39
February 27, 202465.52135.69

Allotment Status:-

ParticularsLink
Check Allotment Status (available on February 28, 2024)Click Here

Listing Details :-

ParticularsValue
Listing Date:-March 1, 2024
NSE Symbol :-SADHAV
ISIN:-INE0K5H01010
Final Issue Price:-95.00
Open:-135.00
Low:-135.00
High:-141.75
Close:-141.75

Sadhav Shipping Limited IPO FAQ :-

What is the opening date for Sadhav Shipping Limited IPO?

The Sadhav Shipping Limited IPO opens on February 23, 2024.

What is the closing date for Sadhav Shipping Limited IPO?

The Sadhav Shipping Limited IPO closes on February 27, 2024.

When will the shares be allotted for Sadhav Shipping Limited IPO?

Shares of Sadhav Shipping Limited IPO will be allotted on February 28, 2024.

What is the listing date for Sadhav Shipping Limited IPO?

The listing date for Sadhav Shipping Limited IPO is March 1, 2024.

What is the price/ price range for Sadhav Shipping Limited IPO?

The price/ price range for Sadhav Shipping Limited IPO is ₹95.

What is the minimum lot size for the Sadhav Shipping Limited IPO?

The minimum lot size for Sadhav Shipping Limited IPO is 1200 shares.

What is the minimum investment required for retail investors in the Sadhav Shipping Limited IPO?

The minimum investment required for retail investors in the Sadhav Shipping Limited IPO is ₹1,14,000.

What type of IPO is the Sadhav Shipping Limited IPO?

The type of Sadhav Shipping Limited IPO is SME.

What is the total issue size of the Sadhav Shipping Limited IPO?

The total issue size of Sadhav Shipping Limited IPO is ₹38.18 Crore.

How many shares are being offered in the Sadhav Shipping Limited IPO?

Total 40,18,800 shares are being offered in the Sadhav Shipping Limited IPO.

What is the face value of Sadhav Shipping Limited IPO share?

The face value of Sadhav Shipping Limited IPO share is ₹10.

What is the market capitalization of the Sadhav Shipping Limited IPO?

The market capitalization of the Sadhav Shipping Limited IPO is ₹136.35 Crore.

Who is the registrar for the Sadhav Shipping Limited IPO?

The registrar for the Sadhav Shipping Limited IPO is Maashitla Securities Private Limited.

Where can I check the IPO Allotment status for Sadhav Shipping Limited IPO?

You can check the IPO Allotment status for Sadhav Shipping Limited IPO at https://maashitla.com/allotment-status/public-issues.

What is the email address and website of Sadhav Shipping Limited IPO?

The email address of Sadhav Shipping Limited IPO is cs@sadhav.com and website is http://www.sadhavshipping.com/.

What is the Sadhav Shipping Limited IPO GMP (Grey Market Premium) as of 01-03-2024?

The latest GMP for Sadhav Shipping Limited IPO is ₹30 as of 01-03-2024.