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Sadhav Shipping Limited IPO

Sadhav Shipping Limited IPO

IPO Date :
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Allotment Date :
Listing Date :
List Price :
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Listed Price: ₹ 135.00 (+42.11%)

Having completed its public offering, Sadhav Shipping Limited's is now listed and trading on the NSE exchange as of 01-03-2024. The IPO raised cumulative capital of 40,18,800 Shares, including 40,18,800 Shares in primary capital infusion.

The IPO was conducted with a price range of ₹95 to ₹95 and minimum investment requirement of 1200 shares. subscription activity between 23-02-2024 and 27-02-2024 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 28-02-2024 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

Sadhav Shipping IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Sadhav Shipping IPO Key Performance Indicator
Company Financials ( in ₹ Lakhs )

Sadhav Shipping IPO About Company

Incorporated in 1996, Sadhav Shipping Limited specializes in marine asset operations, offering services in ports, coastal logistics, and other maritime-related sectors. The company owns and operates barges for coastal and inland waterway shipping, manages port crafts, and provides high-speed security boats for patrol services. Sadhav Shipping operates through three key business divisions: Offshore Logistics, supporting oil and gas exploration; Port Services, offering high-speed patrol boats for port security; and Oil Spill Response, providing Tier 1 oil spill response equipment for ports. With a fleet of 24 ships—19 owned and 5 leased—the company plays a vital role in India's maritime trade. As of March 31, 2023, Sadhav Shipping Limited employed 421 personnel, ensuring smooth operations across its various service offerings.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Sadhav Shipping IPO Strength Factors

  1. Experienced Leadership: A seasoned management team ensures strategic decision-making and operational excellence, helping the company navigate industry challenges and seize growth opportunities.
  2. Strategic Assets: A well-maintained fleet enhances service reliability, allowing the company to meet customer demands efficiently while strengthening its industry reputation.
  3. Strategic Growth Initiatives: Proactive expansion efforts and market positioning strategies keep Sadhav Shipping ahead of competitors, ensuring long-term business sustainability.
  4. Reliable Partnerships: Strong collaborations with key stakeholders help drive operational efficiencies and enhance customer satisfaction, fostering long-term business success.
  5. Customer-Centric Approach: A focus on client needs ensures loyalty and repeat business, reinforcing the company's reputation for quality and reliability.

Sadhav Shipping IPO Risk Factors

  1. Legal Proceedings: Ongoing litigations may lead to financial liabilities, operational disruptions, or reputational damage, making it crucial for the company to manage these cases effectively.
  2. Compliance Risks: Any lapses in regulatory compliance, particularly tax-related obligations, could result in penalties, increased scrutiny, or operational constraints.
  3. Companies Act Compliance Issues: Historical non-compliance with legal provisions could signal governance concerns, potentially affecting investor confidence and attracting regulatory actions.
  4. Debt Exposure: High levels of indebtedness could strain financial resources, limit growth opportunities, and increase vulnerability to economic downturns.

Sadhav Shipping IPO Lead Manager(s)

  • Isk Advisors Private Limited

Sadhav Shipping IPO Promoter(s)

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

Sadhav Shipping IPO Company Details

Sadhav Shipping Limited
Phone:
address:

Sadhav Shipping IPO Registrar

Maashitla Securities Private Limited
Name:
Phone:

Sadhav Shipping IPO FAQs