Sahara Maritime Limited
listed
₹1.30LMin. investment
Sahara Maritime Limited IPO Details
Issue size
₹6.88Cr
IPO type
SME
Price range
₹81.00 – ₹81.00
Listing date
26 Dec 2023
Lot size
1600 shares
RHP/DRHP
Read
Price range₹81.00 – ₹81.00
IPO type
SME
Lot size1600 shares
Issue size₹6.88Cr
RHP/DRHP
Read
Sahara Maritime Limited Timeline
- Bid start18 Dec 2023
- Bid end20 Dec 2023
- Allotment20 Dec 2023
- Release of funds22 Dec 2023
- Demat transfer21 Dec 2023
- Listing26 Dec 2023
About Sahara Maritime Limited
Incorporated in 2009, The main transport mode for global trade is ocean shipping: around 90% of traded goods are carried over the waves. Maritime transport forms part of a whole cluster of economic activities that can create economic value added. This comes with opportunities and challenges.
The company offers their customers a comprehensive range of freight-related services, along with ancillary transport management. Additionally, they have established informal partnerships with various intermediaries to provide ancillary services such as Transportation, Multimodal Transportation, Project cargo handling, Third Party Logistics, Packaging, loading/unloading, and unpacking of items. These additional services enable them to provide end-to-end solutions and other value-added services that cater to their customers’ diverse needs. They understand that each customer has unique shipment requirements, and they prioritize building personal relationships with them to better understand their individual needs. To meet these needs, the company has proactively outsourced vendors and established partnerships, allowing it to offer a wide range of services at competitive prices. This asset-light business model grants the flexibility to develop tailored logistic solutions across diverse industries while ensuring scalability of services.
The primary objective is to ensure the safe transportation and delivery of goods from start to finish. They achieve this by leveraging their expertise to identify and recommend the optimal solution for each client’s specific business environment. Their dedicated team of skilled shipping and customs specialists works diligently to provide clients with customized solutions at affordable rates. Strengthening customer relationships and consistently delivering quality products, services, and solutions are at the core of our mission.
Sahara Maritime Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives.
- Funding of capital expenditure requirements of our Company towards purchase of:
(i) commercial vehicles; and
(ii) Office Equipment’s
(ii) Office Equipment’s
2.To Meet Working Capital Requirements
3.General Corporate Purpose
Here are key details about the Sahara Maritime Limited IPO:
| Company Name | Sahara Maritime Limited Limited | Sahara Maritime Limited IPO Opening Date | December 18, 2023 | |
|---|---|---|---|---|
| Company Incorporated On | 2009Sahara Maritime Limited IPO Price band | 1600 Shares |
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Sahara Maritime Limited Contact Details
Company NameSahara Maritime Limited
How to apply for Sahara Maritime Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Sahara Maritime IPO FAQs
How to invest in the Sahara Maritime Limited ?
Investors can apply for the Sahara Maritime Limited through their Demat account via the stock exchange or through their broker.
What is the issue size of Sahara Maritime Limited ?
The issue size of the Sahara Maritime Limited is 6.88 Cr.
What is 'pre-apply' for Sahara Maritime Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Sahara Maritime Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
What are the open and close dates of the Sahara Maritime Limited ?
Sahara Maritime Limited will be open between 2023-12-18 and 2023-12-20.
What is the allotment date for the Sahara Maritime Limited ?
Sahara Maritime Limited allotment date is 2023-12-21. For Sahara Maritime Limited allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Sahara Maritime Limited ?
For Sahara Maritime Limited, the IPO registrar is Bigshare Services Pvt Ltd. You can check Sahara Maritime Limited allotment status on the website of the registrar.
Where is the Sahara Maritime Limited getting listed?
The shares are proposed to be listed on the BSE and NSE.
When will Sahara Maritime Limited shares be credited to your demat account?
The Sahara Maritime Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
What is the lot size and minimum order quantity of the Sahara Maritime Limited ?
The Sahara Maritime Limited lot size is 1600 and minimum order quantity is 1600.
What is the price band for the Sahara Maritime Limited ?
Sahara Maritime Limited has set the price band for its IPO at 81 per equity share with a face value of 10.