Sadhav Shipping
Sadhav Shipping Info
Details about the Sadhav Shipping IPO. Opening Date of Sadhav Shipping is 23 Feb 24 and Closing Date is 27 Feb 24 . Face Value of Each share of Sadhav Shipping is ₹10 per share. Fixed price of Sadhav Shipping is ₹95. The Lot size of Sadhav Shipping is 1,200 shares. Total issue size of Sadhav Shipping IPO is ₹38.18 cr. Fresh Issue of Sadhav Shipping IPO is 38.18 cr. This is a Fixed Price Issue IPO. Expected to list on NSE SME. Share Holding Pre Issue of Sadhav Shipping is 10,333,818. Share Holding Post Issue of Sadhav Shipping is 14,352,618.
Business Summary
Sadhav Shipping Limited (SSL) is 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 vessels, in various sectors of maritime trade in India.
With modern Dynamic Positioning offshore fleet and dedicated onboard and shore crew SSL is committed to provide best in class services to their clients.
Sadhav Shipping Limited was the first to setup and operate India’s first Port based Tier 1 Oil Spill Response Centre in Mumbai and are now operating in most of the Major Ports in India. The services offered by us are Offshore Logistics, Port Services and Oil Spill Response.
Sadhav Shipping IPO Details
| Open Date | 23 Feb 24 |
|---|---|
| Close Date | 27 Feb 24 |
| Face Value | ₹10 per shares |
| Price | ₹95 |
| Lot Size | 1,200 Shares |
| Total issue Size | 4,018,800 Shares ₹38.18 cr |
| Fresh Issue | 4,018,800 Shares ₹38.18 cr |
| Issue Type | Fixed Price Issue |
| Listing At | NSE SME |
| Share Holding Pre Issue | 10,333,818 |
| Share Holding Post Issue | 14,352,618 |
| Market Maker | Sunflower Broking |
| Market Maker Portion | 202,800 Shares |
| RHP , DHRP | View RHP, View DRHP |
Sadhav Shipping IPO Timeline
The Sadhav Shipping Initial Public Offering (IPO) is set to open on 23 Feb 24 and will end its subscription phase on 27 Feb 24. You can check your allotment status for Sadhav Shipping on 28 Feb 24. The refund process for your funds will start promptly on 29 Feb 24. Sadhav Shipping IPO credit of shares will be on 29 Feb 24. The listing date for Sadhav Shipping is on 01 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Sadhav Shipping IPO Reservation
The Sadhav Shipping IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
202,800 Shares will be reserved for subscription by Sunflower Broking
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
Sadhav Shipping IPO Lot Size
Bids can be made for minimum of 1200 shares and in multiple of 1200 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 114,000 |
| Retail (Max) | 1 | 1,200 | 114,000 |
| HNI (Min) | 2 | 2,400 | 228,000 |
Sadhav Shipping IPO Promoters Holding
Promoters holding details for Sadhav Shipping in the current issue is as follows: The share holding of promoters before the issue stands at 96.44%, and after the issue, it has been adjusted to 69.44%.
Promoters of Sadhav Shipping are Mr. Kamal Kant Biswanath Choudhury, Mrs. Sadhana Choudhury, Mr. Vedant KamalKant Choudhury, Mr. Subhas Chandra Choudhury,
| Share Holding Pre Issue | 96.44% |
|---|---|
| Share Holding Post Issue | 69.44% |
Sadhav Shipping Financial Information
Financial performance details for Sadhav Shipping over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 13,113.49 | 11,628.71 | 6,909.44 | 6,117.64 |
| Revenue | 3,385.69 | 7,890.59 | 6,977.94 | 6,123.67 |
| Profit After Tax | 406.97 | 775.44 | 300.93 | 330.77 |
Sadhav Shipping IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Sadhav Shipping are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 12.66 |
| ROCE | 14.36% |
| ROE | 20.41% |
| RoNW | 18.94% |
| EPS (Rs) | 7.5 |
Object of the Issue
- • Repayment/Prepayment, in part or full, of certain outstanding borrowings availed by Company
- • Part funding of Capital Expenditure to Purchase/Acquire additional Boats/vessels
- • Additional Working Capital Requirement
- • General Corporate Purpose
Contact Details for Sadhav Shipping
Phone
Office
521 5th Floor, Loha Bhavan, P.D'mello Road, Masjid (East), Mumbai Mh 400009 India
Registrar Details for Sadhav Shipping
Maashitla Securities Private Limited
Phone
Office
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi - 110034, India
Lead Manager
- • ISK Advisors Pvt Ltd