IPO

Sadhav Shipping Ltd. IPO

Sadhav Shipping Ltd., established in 1996, operates in the Shipping sector. The company's IPO opened on February 23, 2024 and closed on February 27, 2024, with an issue price of ₹95. The Sadhav ... Read more

Min Investment
₹ 1,14,000 / 1200 shares
Price Range
₹95
Bidding Dates
23 Feb '24 - 27 Feb '24
Total Issue Value
20.05 Cr
Lot Size
1,200
Total Issue Size
20.05 Cr
Listing At
NSE SME
Subscription
119.94 times
NSE Price
137.85 (45.11%)

IPO Timeline

  • 23 Feb 2024
    Bidding Starts
  • 27 Feb 2024
    Bidding Ends
  • 28 Feb 2024
    Allotment Finalization
  • 1 Mar 2024
    Listing

About Sadhav Shipping Ltd.

Sadhav Shipping Limited (SSL)- Mumbai based company incorporated in year 1996 with an objective to own and operate marine assets to service ports, coastal logistics and other port maritime related services. Today SSL owns and operates 24 vessels that includes 19 owned vessels and 5 rented ... Read more

Parent organisation
Founded
Sadhav Shipping Ltd.
1996

Sadhav Shipping Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 2,02,800 (9.61%)
Non Institutional Investors 19,08,000 (90.39%)
Retail Individual Investors (RIIs) 19,08,000 (90.39%)

Sadhav Shipping Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 84.70 Cr 9.15 Cr 73.66 Cr
31 Mar 2023 78.91 Cr 7.75 Cr 37.99 Cr
31 Mar 2022 69.78 Cr 3.01 Cr 32.08 Cr

Sadhav Shipping Ltd. Background

Sadhav Shipping Ltd. Object of Issues

1. Repayment / Prepayment, in part or full of certain outstanding borrowings availed by our Company
2. Part funding of Capital Expenditure to Purchase/ Acquire additional Boats/ vessels
3. Additional Working Capital Requirement
4. General Corporate Purpose

Sadhav Shipping Ltd. IPO Listing Details
Listing Date
1 Mar 2024
ISIN
INE0K5H01010
Final Issue Price
₹ 95
Sadhav Shipping Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 95.00
Open - ₹ 135.00
Low - ₹ 135.00
High - ₹ 141.75
Last Trade - ₹ 141.75
Sadhav Shipping Ltd. Company Promoters

1. Mr. Kamal Kant Biswanath Choudhury
2. Mrs. Sadhana Choudhury
3. Mr. Vedant Kamalkant Choudhury
4. Mr. Subhas Chandra Choudhury

Industry Overview

In FY22, major ports in India handled 720.29 million tonnes of cargo traffic as compared to 671.82 million tonnes cargo handled during April-March 2020-21. From April 2022 to January 2023, all key ports in India handled a total of 646.10 million tonnes (MT) of cargo traffic. India’s key ... Read more

Sadhav Shipping Ltd. Contact Details
Address: 521, Loha Bhavan, 5th Floor, P D Mella Road, Masjid (East), Mumbai Maharashtra - 400009
Phone no:23482524
23482524
|
Sadhav Shipping Ltd. IPO Registrar
Maashitla Securities Pvt. Ltd.
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034
45121795, 45121796
Sadhav Shipping Ltd. IPO Lead Manager(s)
ISK ADVISORS PRIVATE LIMITED
501, A. N. Chambers, 130, Turner Road, Bandra West, Mumbai Maharashtra - 400050
26431002

FAQs

When does Sadhav Shipping Ltd. IPO opens and closes?

Sadhav Shipping Ltd. IPO opens from 23rd February to 27th February 2024.

What is the size of Sadhav Shipping Ltd. IPO?

The size of the Sadhav Shipping Ltd. IPO is ₹20.05 Cr.

What is the minimum investment and lot size required for the Sadhav Shipping Ltd. IPO?

The minimum investment required is ₹1,14,000 and minimum lot size is 1200 shares.

When is Sadhav Shipping Ltd. IPO listing date?

The Sadhav Shipping Ltd. IPO will be listed on 1st March 2024.

What is the objective of Sadhav Shipping Ltd. IPO?

1. Repayment / Prepayment, in part or full of certain outstanding borrowings availed by our Company
2. Part funding of Capital Expenditure to Purchase/ Acquire additional Boats/ vessels
3. Additional Working Capital Requirement
4. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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