Sahara Maritime Limited (BSE SME)

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Sahara Maritime Limited (BSE SME)

December 18, 2023 – December 20, 2023

Price ₹81 - ₹81
Premium ₹0
Lot size 1600
Allotment Dec 21, 2023
Listing Dec 26, 2023

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Last updated on 20 Dec 2023 | 05:53:26 PM

CategoryOfferedAppliedTimes
HNIs40320036704009.1
Retail4032001465760036.35
Total8064001832800022.73

About

Category Lot(s) Qty Amount Reserved
Retail 1 1600 129600 252
HNI 2 3200 259200 252

Incorporated in 2009, Sahara Maritime Limited is a non-governmental organization that provides transportation, storage and communication services for maritime needs. The company offers a range of freight services to its clients, which includes transportation management. The company has partnered with various intermediaries to provide additional services such as multimodal transportation, project cargo handling, third party logistics, packing, loading and unloading of items. Sahara Maritime's services include the following

Freight Forwarding: The company offers sea freight forwarding services, including booking space for export shipments and organizing all shipping requirements for customers.

Warehousing: As part of its services, the company has leased a warehouse facility to facilitate warehousing and reduce administration time.

Multimodal transportation: The multimodal transportation services offered by the company are a reliable and efficient way of combining different modes of transport, such as sea and land transport, into one overall process. This ensures that goods are transported cost-efficiently from door to door - all under one roof.

Allied logistics services: The company offers a range of services, including handling heavy transportation equipment, chartering shipments, door-to-door deliveries, freight handling and packaging. The door-to-door delivery service facilitates logistics management, while the freight service caters to the special transportation requirements of goods.

The company works on asset light model that reduces the risk of operation cost such as fuel costs, maintenance costs and depreciation and capital expenditure.

Sahara Maritime IPO Details
Issue Size849,600 shares
(aggregating up to ₹6.88 Cr)
Fresh Issue849,600 shares
(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
Market Maker portion43,200 shares
Shreni Shares
Sahara Maritime IPO Reservation
Investor CategoryShares Offered
Retail Shares Offered50% of the Net issue
Other Shares Offered50% of the Net issue
Company Financials
Sahara Maritime Limited Financial Information (Restated)

Sahara Maritime Limited's revenue increased by 24.07% and profit after tax (PAT) rose by 130.64% between the financial year ending with March 31, 2023 and March 31, 2022.

Period30 Sep 2023Mar 2023Mar 2022Mar 2021
Assets880.95964.52733.57535.74
Revenue531.992,611.122,104.521,021.64
Profit1.04120.7452.3564.78
Net Worth531.58530.54365.69313.34
Reserves309.47308.43364.69312.34
Borrowing163.81173.2611.9738.72
Amount in ₹ Lakhs

Strength

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Address

Sahara Maritime Limited
105, 106, 108, Floor-1, Plot142,
Plaza Shopping Centre, Sheriff Devji Street
Chakala Market Mandvi, Mumbai – 400003
Phone: 022-2347 9362
Email: info@saharamaritime.com
Website: https://saharamaritime.com/

Registrar

Bigshare Services Pvt Ltd
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059