Last updated on December 26, 2023
Sahara Maritime IPO description – Sahara Maritime is a non-governmental organization specializing in offering transportation, storage, and communication services for maritime requirements. The company provides a comprehensive range of freight-related services to its customers, coupled with additional transport management support. Furthermore, it has formed informal collaborations with various intermediaries to deliver supplementary services, including transportation, multimodal transportation, project cargo handling, third-party logistics, packaging, loading/unloading, and item unpacking.
As of 30 September 2023, Sahara Maritime employs approximately 52 individuals. Sahara Maritime provides the following services:
Freight Forwarding: The company offers sea freight forwarding services, handling the booking of space for export consignments and managing all the shipping requirements for its customers. The company is involved in two types of sea delivery services, namely: (i) Less Than Container Load (LCL), and (ii) Full Container Load (FCL).
Warehousing: As part of its services, the company has secured a warehouse facility to streamline warehousing processes and minimize administrative time.
Multimodal transportation: Multimodal transport services form an effective chain that seamlessly connects various modes of transportation, including sea and land, into a unified process. This ensures the efficient and cost-effective movement of goods from door to door, all under a single roof.
Allied logistics services: The company takes on the handling of heavy shipment equipment, shipment chartering, and other services like door-to-door delivery, cargo handling, and packing, among others. Door-to-door delivery streamlines logistics management, while cargo services address the specific needs of transporting items.
Promoters of Sahara Maritime – Mr. Sohrab Rustom Sayed, and Mr. Nadeem Aboobakar Hira
Table of Contents
Sahara Maritime IPO Details
| Sahara Maritime IPO Dates | 18 – 20 December 2023 |
| Sahara Maritime Issue Price | INR 81 per share |
| Fresh issue | 849,600 shares (INR 6.88 crore) |
| Offer For Sale | NIL |
| Total IPO size | 849,600 shares (INR 6.88 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 129,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Sahara Maritime Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 1,018.30 | 2,104.23 | 2,609.95 | 525.49 |
| Expenses | 930.08 | 2,033.58 | 2,443.700 | 530.59 |
| Net income | 64.78 | 52.35 | 120.74 | 1.04 |
Sahara Maritime Offer News
- Sahara Maritime RHP
- Sahara Maritime Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Sahara Maritime Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 3.22 | 2.60 | 5.44 |
| PE ratio | – | – | 15.03 |
| RONW (%) | 20.67 | 14.32 | 22.76 |
| NAV | 15.59 | 18.19 | 23.90 |
| EBITDA (%) | 10.67 | 3.96 | 7.64 |
| ROCE (%) | 30.33 | 19.88 | 32.77 |
| Debt/Equity | 0.12 | 0.03 | 0.33 |
Sahara Maritime IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Sahara Maritime IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 403,200 | 403,200 | 806,400 |
| 20 Dec 2023 | 9.10 | 36.35 | 22.73 |
| 19 Dec 2023 | 1.60 | 11.18 | 6.39 |
| 18 Dec 2023 | 0.84 | 2.99 | 1.91 |
Sahara Maritime IPO Allotment Status
Sahara Maritime IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Sahara Maritime IPO Dates & Listing Performance
| IPO Opening Date | 18 December 2023 |
| IPO Closing Date | 20 December 2023 |
| Finalization of Basis of Allotment | 21 December 2023 |
| Initiation of refunds | 22 December 2023 |
| Transfer of shares to demat accounts | 22 December 2023 |
| IPO Listing Date | 26 December 2023 |
| Opening Price on BSE SME | INR 81 per share (no change) |
| Closing Price on BSE SME | INR 81.45 per share (up 0.56%) |
Sahara Maritime Offer Lead Manager
SWARAJ SHARES AND SECURITIES PRIVATE LIMITED
304, A Wing, 215 Atrium Near Courtyard Marriot,
Andheri Kurla Road, Andheri East, Mumbai – 400093
Maharashtra, India
Phone: +91-22-6964-9999
Email:Â [email protected]
Website: www.swarajshares.com
Sahara Maritime Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Sahara Maritime IPO Contact Details
SAHARA MARITIME LIMITED
105, 106, 108, Floor-1, Plot-142, Plaza Shopping Centre,
Sheriff Devji Street, Chakala Market Mandvi,
Mumbai– 400 003, Maharashtra
Phone: 022-2347 9362
E-mail: [email protected]
Website: www.saharamaritime.com
IPO FAQs
What is the Sahara Maritime offer size?
Sahara Maritime offer size is INR 6.88 crores.
What is the Sahara Maritime offer price band?
Sahara Maritime public offer price is INR 81 per share.
What is the lot size of the Sahara Maritime Issue IPO?
Sahara Maritime offer lot size is 1,600 shares.
What is Sahara Maritime IPO GMP today?
Sahara Maritime IPO GMP today is INR NA per share.
What is the Sahara Maritime kostak rate today?
Sahara Maritime kostak rate today is INR NA per application.
What is Sahara Maritime Subject to Sauda rate today?
Sahara Maritime Subject to Sauda rate today is INR NA per application.
