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.
| 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 Starts | 23 Feb 2024 |
| Offer Ends | 27 Feb 2024 |
| Allotment | 28 Feb 2024 |
| Refunds | 29 Feb 2024 |
| Credit of shares to Demat account | 29 Feb 2024 |
| IPO Listing | 01 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 in | Managing Director |
| 1996 |
Share Holding
| Share Holding Pre-Issue | 96.44% |
| Share Holding Post-Issue | % |
Sadhav Shipping Limited IPO Prospectus
| Sadhav Shipping Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| 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
| Values | Values | ||
| Market cap | 136.35 Cr | ROE | 20.41% |
| P/E (X) | 12.66 | ROCE | 14.36% |
| POST P/E (X) | 16.01 | EPS | 7.5 |
| Debt to Equity | RONW | 18.94% |
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 | |
| Address | Sadhav Shipping Limited 521 5th Floor, Loha Bhavan, P.Dʹmello Road, Masjid (East), Mumbai – 400009 |
| Phone: | +91 ‐22‐40003355 |
| cs@sadhav.com | |
| Website | http://www.sadhavshipping.com/ |
| Sadhav Shipping Limited IPO Registrar | |
| . | Maashitla Securities Private Limited |
| Phone | +91-11-45121795-96 |
| contact@maashitla.com | |
| Website | https://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 |
| ncmpl@ncmpl.com | |
| Website | http://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.