Sadhav Shipping Limited IPO Date, Price, Allotment Details

Sadhav Shipping Limited IPO is an NSE SME IPO. They are going to raise ₹38.18 Crores via IPO. The issue is priced at ₹95 to ₹95 per equity share. The IPO is to be listed on NSE.

Sadhav Shipping Limited IPO opens for subscription on February 23, 2024, and closes 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 Friday, March 1, 2024.

Sadhav Shipping Limited
IPO Details Allotment
Minimum Investment
₹114,000 /1 Lot (1200 shares)
Price Range
₹95-₹95
Max Quantity
1 Lots/1200 Shares
Max Investment
₹114,000
Retail Discount
₹0
Investor category and subcategory
Individual- HNI & Retail
Issue Size
38.18 Cr
Employee Discount
₹0
Total Issue Size
4,018,800 Shares
(aggregating up to ₹38.18 Cr)
Share Holding Pree Issue
10,333,818
Issue Type
Fixed Price Issue IPO
Fresh Issue Share
4,018,800 Shares
(aggregating up to ₹38.18 Cr)
Share Holding Post Issue
14,352,618
Listing At
NSE SME
Market Maker Portion
202,800 shares
Face value
₹10 pr share.

IPO Dates

Offer Starts23 Feb 2024
Offer Ends27 Feb 2024
Allotment28 Feb 2024
Refunds29 Feb 2024
Credit of shares to Demat account29 Feb 2024
IPO Listing01 March 2024

About Sadhav Shipping Limited

Incorporated in 1996, Sadhav Shipping Limited owns and operates marine assets to service ports, coastal logistics, and provides other port maritime-related services.

The company has barges that are used in coastal and inland waterway shipping for the transportation or lightering of goods. The company operates and manages Port crafts and also offers high-speed security boats for patrol services.

Incorporated inManaging Director
1996

Share Holding

Share Holding Pre-Issue96.44%
Share Holding Post-Issue%

Sadhav Shipping Limited IPO Prospectus

Sadhav Shipping Limited IPO Prospectus
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Financials

Year202320222021
Revenue₹7,890.59₹6,977.59₹6,123.65
Assets₹11,628.71₹6,909.43₹6,117.61
Profit₹775.44₹300.93₹330.77
values are in ₹. Lakhs

Fundamentals

Company’s key performance indicators

ValuesValues
Market cap136.35 CrROE20.41%
P/E (X)12.66ROCE14.36%
POST P/E (X)16.01EPS7.5
Debt to EquityRONW18.94%

Objects of the Issue

The Objects of the company is to raise funds for:

  • Repayment / Prepayment, in part or full of certain outstanding borrowings availed by the company,
  • Part funding of Capital Expenditure to Purchase/ Acquire additional Boats/ vessels,
  • Additional Working Capital Requirement, and
  • General Corporate Purposes.

Brokerage Firm IPO Review

  • To be updated soon
Sadhav Shipping Limited Contact Details
AddressSadhav Shipping Limited
521 5th Floor,
Loha Bhavan, P.Dʹmello Road,
Masjid (East), Mumbai – 400009
Phone:+91 ‐22‐40003355
E-mailcs@sadhav.com
Websitehttp://www.sadhavshipping.com/
Sadhav Shipping Limited
IPO Registrar
.Maashitla Securities Private Limited
Phone+91-11-45121795-96
E-mailcontact@maashitla.com
Websitehttps://maashitla.com/
Sadhav Shipping Limited IPO Allotment Status Check
Sadhav Shipping Limited IPO Allotment Status Check Click Here
Sadhav Shipping Limited
Lead Managers
ISK Advisors Pvt Ltd
5, Laxmi Society,
B/H Sasuji Restaurant, Off. C.G Road,
Ahmedabad- 380006(IN)
Phone+91 79-26464023
E-mailncmpl@ncmpl.com
Websitehttp://www.iskadvisors.com/

Sadhav Shipping Limited IPO FAQs

What is Sadhav Shipping Limited IPO?
  • Sadhav Shipping Limited IPO is an NSE SME IPO. They are going to raise ₹38.18 Crores via IPO. The issue is priced at ₹95 to ₹95 per equity share. The IPO is to be listed on NSE.
  • The IPO opens on February 23, 2024, and closes on February 27, 2024.
When Sadhav Shipping Limited IPO will open?
  • The IPO is to open on February 20, 2023, for NII, and Retail Investors. and closes on February 27, 2024.
What is Sadhav Shipping Limited IPO Investors Portion?
  • The investors’ portion for NII is 50%, and Retail is 50%.
What is Sadhav Shipping Limited IPO Size?
  • Sadhav Shipping Limited IPO size is ₹38.18 crores.
What is Sadhav Shipping Limited IPO Price Band?
  • Sadhav Shipping Limited IPO Price Band is ₹95 to ₹95 per equity share.
What is Sadhav Shipping Limited IPO Minimum and Maximum Lot Size?
  • The IPO bid is Minimum 1 Lot (1200 Shares) with ₹114,000. and Maximum Lot Size 1 Lots (1200 Shares) with ₹114,000
What is Sadhav Shipping Limited IPO Allotment Date?
  • Sadhav Shipping Limited IPO allotment date is February 28, 2024.
What is Sadhav Shipping Limited IPO Listing Date?
  • Sadhav Shipping Limited IPO listing date is March 01, 2024. The IPO to list on NSE.