Sahara Maritime IPO Details ( Sahara Maritime Limited IPO Review )
(18 Dec 2023 – 20 Dec 2023)
Founded in 2009, Sahara Maritime Limited is a group that helps with maritime stuff like transportation, storage, and communication. We provide different services, like managing how things get transported, and we team up with others to give more services, like handling project cargo and packing and unpacking things.
Here’s what we do:
- Moving Stuff by Sea: We handle the shipping part for export shipments and take care of everything needed to get things shipped.
- Keeping Stuff in a Warehouse: We’ve got a warehouse to store things, so it’s easy and saves time.
- Mixing Transportation Modes: We have a smart way of combining different types of transportation, like sea and land, to move things from one place to another without a fuss.
- All Sorts of Help with Logistics: We do heavy lifting, arrange shipments, deliver things right to your door, and take care of packing. It’s like a one-stop-shop for managing logistics.
We do things in a way that’s light on owning stuff, so we don’t have to worry about things like fuel costs, keeping things in good shape, or spending a lot of money upfront. It helps keep our operation smooth and less risky.
Sahara Maritime Limited IPO Competitive Strength
- Integrated, end-to-end logistics services and solutions
- Increase Brand awareness
- Quality Policy / Service Policy
- Reduction of operational costs and achieving efficiency
- Continue to attract and retain talent
Sahara Maritime IPO Financials Performance ( Results )
Sahara Maritime Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 535.74 | 1,021.64 | 64.78 | 3.22 | 313.34 | 15.59 | 312.34 | 38.72 |
| 31-Mar-22 | 733.57 | 2,104.52 | 52.35 | 2.60 | 365.69 | 18.19 | 364.69 | 11.97 |
| 31-Mar-23 | 964.52 | 2,611.12 | 120.74 | 5.44 | 530.54 | 23.90 | 308.43 | 173.26 |
| 30-Sep-23 | 880.95 | 531.99 | 1.04 | 0.05 | 531.58 | 23.93 | 309.47 | 163.81 |
Objective of Sahara Maritime IPO 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 Basic Details
| IPO Date | Dec 18, 2023 to Dec 20, 2023 |
| Listing Date | Tuesday, December 26, 2023 |
| Face Value | ₹10 per share |
| Price | ₹81 per share |
| Lot Size | 1600 Shares |
| Issue Size | 849,600 shares of ₹10 (aggregating up to ₹6.88 Cr) |
| Fresh Issue | 849,600 shares of ₹10 (aggregating up to ₹6.88 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,221,050 |
| Share holding post issue | 3,070,650 |
| Company Promoters | Mr. Sohrab Rustom Sayed and Mr. Nadeem Aboobakar Hira |
Sahara Maritime IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Sahara IPO Timetable
Sahara IPO will open on December 18, 2023 and close on December 20, 2023. You can join Sahara IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 18 December 2023 (Monday) |
| Closing Date | 20 December 2023 (Wednesday) |
| Basis of Allotment | 21 December 2023 (Thursday) |
| Initiation of Refunds | 22 December 2023 (Friday) |
| Credit of Shares to Demat | 22 December 2023 (Friday) |
| Listing Date | 26 December 2023 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 20 December 2023 |
Sahara Maritime IPO Lot Size
For retail investors in Sahara Maritime IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹129,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹129,600.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹129,600 |
| Retail (Max) | 1 | 1600 | ₹129,600 |
| S-HNI (Min) | 2 | 3200 | ₹259,200 |
Sahara Maritime IPO Promoter Holding
The company’s promoters include Mr. Sohrab Rustom Sayed and Mr. Nadeem Aboobakar Hira.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 72.32% |
Sahara Maritime Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Earning Per Share (EPS) | ₹5.44 per Equity Share |
| Net Asset Value (NAV) | ₹23.90 per Equity Share |
| P/E Ratio (P/E) (x) | 15.03 |
| Return on Net Worth (RoNW) (%) | 22.76 |
| Return on equity (ROE) (%) | 26.72 |
| Return on Capital Employed (ROCE) (%) | 32.77 |
| Debt/Equity Ratio | 0.33 |
Sahara Maritime Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Sahara Maritime Limited | Standalone | 10.00 | 5.39 | 16.03 | 22.59 | 23.84 |
| Peer Group | ||||||
| Cargotrans Maritime Limited | Standalone | 10.00 | 5.74 | 13.81 | 0.05 | 31.14 |
| AVG Logistics Limited | Standalone | 10.00 | 7.09 | 35.55 | 9.29 | 76.23 |
| Cargosol Logistics Limited | Standalone | 10.00 | 4.79 | 10.43 | 15.70 | 26.26 |
| Amiable Logistics India Limited | Standalone | 10.00 | 8.63 | 8.93 | 15.70 | 39.42 |
| Timescan Logistics (India) Limited | Standalone | 10.00 | 10.65 | 14.59 | 22.44 | 47.48 |
Sahara Maritime IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹0 | – | – |
| 20 December 2023 | ₹0 | – | – |
| 19 December 2023 | ₹0 | – | – |
| 18 December 2023 | ₹0 | – | – |
| 17 December 2023 | ₹0 | – | – |
| 16 December 2023 | ₹0 | – | – |
Sahara Maritime IPO Detail Video:
link
Sahara Maritime IPO Subscription Status (Bidding Detail)
The Sahara Maritime IPO on December 20, 2023 at 7:30:00 PM was subscribed 22.67 times, with the retail category being subscribed 36.35 times, the other category being subscribed 8.98 times.
| Category | Subscription |
| Other | 8.98x |
| Retail | 36.35x |
| Total | 22.67x |
Sahara Maritime IPO Prospectus
| Sahara Maritime IPO DRHP | Download |
| Sahara Maritime IPO RHP | Download |
| Sahara Maritime IPO Anchor Investors Details PDF | Download |
Sahara Maritime IPO Rating
| Our Rating | 2.5/5.0 |
Sahara Maritime Company Contact Information
Sahara Maritime Limited
Registered Office: 105, 106, 108, Floor-1, Plot-142, Plaza Shopping Centre, Sheriff Devji Street, Chakala Market Mandvi, Mumbai– 400 003, Maharashtra, India
Tel: 022-2347 9362
E-mail: info@saharamaritime.com
Website: www.saharamaritime.com
Contact Person: Mr. Stallone Marshal Gonsalves, Company Secretary and Compliance Officer
Our Promoters: Mr. Sohrab Rustom Sayed and Mr. Nadeem Aboobakar Hira
Sahara Maritime IPO Registrar
Bigshare Services Private Limited
Registered Office: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri East, Mumbai – 400 093, Maharashtra, India
Telephone: 022 – 6263 8200
E-mail: ipo@bigshareonline.com
Investors Grievance e-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Asif Sayyed
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534
Sahara Maritime IPO Lead Manager
Swaraj Shares and Securities Private Limited
Principal Place of Business: 304, A Wing, 215 Atrium Near Courtyard Marriot,
Andheri Kurla Road, Andheri East, Mumbai – 400093, Maharashtra, India
Telephone: +91-22-6964-9999
Email: compliance@swarajshares.com
Investor Grievance Email ID: investor.relations@swarajshares.com
Contact Person: Pankita Patel/ Tanmoy Banerjee
Website: www.swarajshares.com
SEBI Registration Number: INM00012980
CIN: U51101WB2000PTC092621
Sahara Maritime IPO FAQs
What is the lot size of Sahara Maritime IPO?
The total size of Sahara Maritime IPO is ₹6.88 crores and this is a complete fresh Issue.
When will Sahara Maritime IPO start?
Sahara Maritime IPO will open from 18 December 2023 and IPO will close on 20 December 2023.
What is the open date of Sahara Maritime IPO?
Sahara Maritime IPO will open date from 18 December 2023.
What is the last date ( close date ) of Sahara Maritime IPO?
Sahara Maritime IPO will close from 20 December 2023.
What is the price band of Sahara Maritime IPO?
Sahara Maritime IPO price band is ₹81.
What is the minimum amount required to apply for Sahara Maritime IPO?
The minimum investment for retailers to apply for Sahara Maritime IPO is ₹129,600 and the maximum investment is ₹129,600.
What is going on gray market premium of Sahara Maritime IPO?
View gray market premium of Sahara Maritime IPO by Clicking Here
How much is the GMP of Sahara Maritime IPO?
Watch Sahara Maritime IPO GMP Today: Click Here
What is the allotment date of Sahara Maritime IPO?
The allotment date of Sahara Maritime IPO is 21 December 2023.
How to check allotment status in Sahara Maritime IPO?
To check the allotment status of Sahara Maritime IPO, first of all go to the registrar website by clicking here, select your bad Sahara Maritime IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Sahara Maritime IPO?
The listing date of Sahara Maritime IPO is 26 December 2023.
How much will be the listing gain in Sahara Maritime IPO?
View listing gain of Sahara Maritime IPO by Clicking Here
How much time Sahara Maritime IPO is subscribed?
Total 22.67 times subscribed in Sahara Maritime IPO out of which 36.35 times subscription was done in retail quota, 8.98 times subscription in other quota.
How to apply for Sahara Maritime IPO from Upstox?
Click Here to see how to apply for Sahara Maritime IPO from Upstox. (step by step)
How to apply for Sahara Maritime PO from Zerodha?
Click Here to see how to apply for Sahara Maritime IPO from Zerodha. (step by step)
How to apply for Sahara Maritime IPO from Angle One?
Click Here to see how to apply for Sahara Maritime IPO from Angle One. (step by step)
