Sahara Maritime Limited (BSE SME)
Dec 18, 2023 - Dec 20, 2023
| Price | ₹81 - ₹81 |
| Premium | ₹0 |
|---|---|
| Lot size | 1600 |
| Allotment | Dec 21, 2023 |
| Listing | Dec 26, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 129600 | 252 |
| HNI | 2 | 3200 | 259200 | 252 |
Last updated on 20 Dec 2023 | 05:53:26 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 403200 | 3670400 | 9.1 |
| Retail | 403200 | 14657600 | 36.35 |
| Total | 806400 | 18328000 | 22.73 |
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 following
Freight 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.
Sahara Maritime IPO Details
| Issue Size | 849,600 shares (aggregating up to ₹6.88 Cr) |
| Fresh Issue | 849,600 shares (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 |
| Market Maker portion | 43,200 shares Shreni Shares |
Sahara Maritime IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net issue |
| Other Shares Offered | 50% of the Net issue |
Company Financials
Sahara Maritime Limited Financial Information (Restated)
Sahara Maritime Limited's revenue increased by 24.07% and profit after tax (PAT) rose by 130.64% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 880.95 | 964.52 | 733.57 | 535.74 |
| Revenue | 531.99 | 2,611.12 | 2,104.52 | 1,021.64 |
| Profit | 1.04 | 120.74 | 52.35 | 64.78 |
| Net Worth | 531.58 | 530.54 | 365.69 | 313.34 |
| Reserves | 309.47 | 308.43 | 364.69 | 312.34 |
| Borrowing | 163.81 | 173.26 | 11.97 | 38.72 |
| Amount in ₹ Lakhs | ||||
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html