Sahara Maritime IPO Details | GMP, Date, Price, Review

Sahara Maritime IPO

Table of Contents

Sahara Maritime IPO Details ( Sahara Maritime Limited IPO Review )

(18 Dec 2023 – 20 Dec 2023)

Founded in 2009, Sahara Maritime Limited is a group that helps with maritime stuff like transportation, storage, and communication. We provide different services, like managing how things get transported, and we team up with others to give more services, like handling project cargo and packing and unpacking things.

Here’s what we do:

  1. Moving Stuff by Sea: We handle the shipping part for export shipments and take care of everything needed to get things shipped.
  2. Keeping Stuff in a Warehouse: We’ve got a warehouse to store things, so it’s easy and saves time.
  3. Mixing Transportation Modes: We have a smart way of combining different types of transportation, like sea and land, to move things from one place to another without a fuss.
  4. All Sorts of Help with Logistics: We do heavy lifting, arrange shipments, deliver things right to your door, and take care of packing. It’s like a one-stop-shop for managing logistics.

We do things in a way that’s light on owning stuff, so we don’t have to worry about things like fuel costs, keeping things in good shape, or spending a lot of money upfront. It helps keep our operation smooth and less risky.

Sahara Maritime Limited IPO Competitive Strength

  • Integrated, end-to-end logistics services and solutions
  • Increase Brand awareness
  • Quality Policy / Service Policy
  • Reduction of operational costs and achieving efficiency
  • Continue to attract and retain talent

Sahara Maritime IPO Financials Performance ( Results )

Sahara Maritime Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of Sahara Maritime IPO Issue

  • Funding of capital expenditure requirements of the Company towards purchase of: (i) commercial vehicles; and (ii) Office Equipment’s
  • Working capital requirements
  • General Corporate Purposes

Sahara Maritime IPO Basic Details

IPO DateDec 18, 2023 to Dec 20, 2023
Listing DateTuesday, December 26, 2023
Face Value₹10 per share
Price81 per share
Lot Size1600 Shares
Issue Size849,600 shares of ₹10
(aggregating up to ₹6.88 Cr)
Fresh Issue849,600 shares of ₹10
(aggregating up to ₹6.88 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Share holding pre issue2,221,050
Share holding post issue3,070,650
Company PromotersMr. Sohrab Rustom Sayed and
Mr. Nadeem Aboobakar Hira

Sahara Maritime IPO Reservation

Other Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue

Sahara IPO Timetable

Sahara IPO will open on December 18, 2023 and close on December 20, 2023. You can join Sahara IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date18 December 2023 (Monday)
Closing Date20 December 2023 (Wednesday)
Basis of Allotment21 December 2023 (Thursday)
Initiation of Refunds22 December 2023 (Friday)
Credit of Shares to Demat22 December 2023 (Friday)
Listing Date26 December 2023 (Tuesday)
Deadline for UPI mandate confirmation5 PM on 20 December 2023

Sahara Maritime IPO Lot Size

For retail investors in Sahara Maritime IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹129,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹129,600.

Retail (Min)11600₹129,600
Retail (Max)11600₹129,600
S-HNI (Min)23200₹259,200

Sahara Maritime IPO Promoter Holding

The company’s promoters include Mr. Sohrab Rustom Sayed and Mr. Nadeem Aboobakar Hira.

Pre Issue Share Holding100%
Post Issue Share Holding72.32%

Sahara Maritime Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Earning Per Share (EPS)₹5.44 per Equity Share
Net Asset Value (NAV)₹23.90 per Equity Share
P/E Ratio (P/E) (x)15.03
Return on Net Worth (RoNW) (%)22.76
Return on equity (ROE) (%)26.72
Return on Capital Employed (ROCE) (%)32.77
Debt/Equity Ratio0.33

Sahara Maritime Ltd Peer Comparison

Company NameConsolidated/
Sahara Maritime LimitedStandalone10.005.3916.0322.5923.84
Peer Group
Cargotrans Maritime LimitedStandalone10.005.7413.810.0531.14
AVG Logistics LimitedStandalone10.007.0935.559.2976.23
Cargosol Logistics LimitedStandalone10.004.7910.4315.7026.26
Amiable Logistics India LimitedStandalone10.008.638.9315.7039.42
Timescan Logistics (India)

Sahara Maritime IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
20 December 2023₹0
19 December 2023₹0
18 December 2023₹0
17 December 2023₹0
16 December 2023₹0

Sahara Maritime IPO Detail Video:


Sahara Maritime IPO Subscription Status (Bidding Detail)

The Sahara Maritime IPO on December 20, 2023 at 7:30:00 PM was subscribed 22.67 times, with the retail category being subscribed 36.35 times, the other category being subscribed 8.98 times.


Sahara Maritime IPO Prospectus

Sahara Maritime IPO DRHPDownload
Sahara Maritime IPO RHPDownload
Sahara Maritime IPO Anchor Investors Details PDFDownload

Sahara Maritime IPO Rating

Our Rating2.5/5.0

Sahara Maritime Company Contact Information

Sahara Maritime Limited

Sahara Maritime Limited

Registered Office: 105, 106, 108, Floor-1, Plot-142, Plaza Shopping Centre, Sheriff Devji Street, Chakala Market Mandvi, Mumbai– 400 003, Maharashtra, India
Tel: 022-2347 9362
Contact Person: Mr. Stallone Marshal Gonsalves, Company Secretary and Compliance Officer
Our Promoters: Mr. Sohrab Rustom Sayed and Mr. Nadeem Aboobakar Hira

Sahara Maritime IPO Registrar

Bigshare Services Private Limited

Registered Office: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri East, Mumbai – 400 093, Maharashtra, India
Telephone: 022 – 6263 8200
Investors Grievance e-mail:
Contact Person: Mr. Asif Sayyed
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534

Sahara Maritime IPO Lead Manager

Swaraj Shares and Securities Private Limited

Principal Place of Business: 304, A Wing, 215 Atrium Near Courtyard Marriot,
Andheri Kurla Road, Andheri East, Mumbai – 400093, Maharashtra, India
Telephone: +91-22-6964-9999
Investor Grievance Email ID:
Contact Person: Pankita Patel/ Tanmoy Banerjee
SEBI Registration Number: INM00012980
CIN: U51101WB2000PTC092621

Sahara Maritime IPO FAQs

What is the lot size of Sahara Maritime IPO?

The total size of Sahara Maritime IPO is ₹6.88 crores and this is a complete fresh Issue.

When will Sahara Maritime IPO start?

Sahara Maritime IPO will open from 18 December 2023 and IPO will close on 20 December 2023.

What is the open date of Sahara Maritime IPO?

Sahara Maritime IPO will open date from 18 December 2023.

What is the last date ( close date ) of Sahara Maritime IPO?

Sahara Maritime IPO will close from 20 December 2023.

What is the price band of Sahara Maritime IPO?

Sahara Maritime IPO price band is ₹81.

What is the minimum amount required to apply for Sahara Maritime IPO?

The minimum investment for retailers to apply for Sahara Maritime IPO is ₹129,600 and the maximum investment is ₹129,600.

What is going on gray market premium of Sahara Maritime IPO?

View gray market premium of Sahara Maritime IPO by Clicking Here

How much is the GMP of Sahara Maritime IPO?

Watch Sahara Maritime IPO GMP Today: Click Here

What is the allotment date of Sahara Maritime IPO?

The allotment date of Sahara Maritime IPO is 21 December 2023.

How to check allotment status in Sahara Maritime IPO?

To check the allotment status of Sahara Maritime IPO, first of all go to the registrar website by clicking here, select your bad Sahara Maritime IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Sahara Maritime IPO?

The listing date of Sahara Maritime IPO is 26 December 2023.

How much will be the listing gain in Sahara Maritime IPO?

View listing gain of Sahara Maritime IPO by Clicking Here

How much time Sahara Maritime IPO is subscribed?

Total 22.67 times subscribed in Sahara Maritime IPO out of which 36.35 times subscription was done in retail quota, 8.98 times subscription in other quota.

How to apply for Sahara Maritime IPO from Upstox?

Click Here to see how to apply for Sahara Maritime IPO from Upstox. (step by step)

How to apply for Sahara Maritime PO from Zerodha?

Click Here to see how to apply for Sahara Maritime IPO from Zerodha. (step by step)

How to apply for Sahara Maritime IPO from Angle One?

Click Here to see how to apply for Sahara Maritime IPO from Angle One. (step by step)

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