Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
SME IPO Status: Listed [23rd Feb 2024 to 27th Feb 2024]
Sadhav Shipping IPO, a SME IPO of ₹38.18 Cr was launced on 23-02-2024 to 27-02-2024 and the shares got listed on NSE SME on 01-03-2024.
The public issue of Sadhav Shipping IPO (SADHAV) was offered at ₹95.00 per share and the ipo was listed at ₹135. It has delivered listing gain of 42.11%.
As the minimum lot size was 1200 shares, the IPO has offered Rs 48000 per lot return on listing.
| SME IPO Issue Opening Date: | 23rd Feb 2024 |
| SME IPO Issue Closing Date: | 27th Feb 2024 |
| SME IPO Issue Price: | ₹95.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| IPO Listing At: | NSE SME |
| Retail Quota: | 50% of the net offer |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹38.18 Cr |
| Fresh Issue: | ₹38.18 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 96.44% |
| Promoter Holding Post IPO: | 69.44% |
| Allotment Status: | Allotment Status |
| NSE Code: | SADHAV |
Get important updates regarding Sadhav Shipping SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 28th Feb 2024 |
| Refunds Initiation* | 29th Feb 2024 |
| Credit of Shares to Demat* | 29th Feb 2024 |
| SME IPO Listing Date* | 1st Mar 2024 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹95.00 |
| Market Lot: | 1200 Shares |
| 1 Lot Amount: | ₹114000 |
| Min HNI Lots: | 2400 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 01-03-2024 | 95.00 | 30 | 27400 | ₹125 (31.58%) | 1-Mar-2024 9:27 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Sadhav Shipping Limited (SSL) is a Mumbai-based company that was incorporated in 1996. It was established to own and operate shipping assets that serve ports, coastal logistics, and other port-related services. Presently, SSL owns and operates 24 vessels, including 19 owned and 5 leased, in various sectors of maritime trade in India.
With a modern Dynamic Positioning offshore fleet and a dedicated crew on board and ashore, SSL is committed to providing world-class services to its customers. Sadhav Shipping Limited was the first company to set up and operate India’s first port-based Tier 1 oil spill response centre in Mumbai and now operates in most major ports in India. With a team of more than 200 officers and crew and an effective and experienced onshore management, the company has seen sustained growth year after year.
The company's barges ply on coastal and inland waterways and are used for transportation or lightering of cargo. The company operates and manages harbour vessels and also provides high-speed security boats for patrol services that make up its port services
The company operates its business in 3 business segments:
| Incorporation | Sector | IPO Issue Size | Website |
| 1996 | Logistics | ₹38.18 Cr | http://www.sadhavshipping.com/ |
The Objects of the Net Issue is to raise funds for:
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | NII | RII | Total | |
|---|---|---|---|---|
| # of Shares Offered | 1,908,000 (50%) | 1,908,000 (50%) | 3,816,000 | |
| 1 | 23rd Feb 2024 19:32 | 1.08x | 2.06x | 1.57x |
| 2 | 26th Feb 2024 19:32 | 5.55x | 13.17x | 9.39x |
| 3 | 27th Feb 2024 18:23 | 184.58x | 65.52x | 135.69x |
Sadhav Shipping Limited's revenue increased by 13.08% and profit after tax (PAT) rose by 157.68% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| 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 |
| Net Worth | 4,501.44 | 4,094.46 | 3,503.51 | 3,205.61 |
| Reserves and Surplus | 4,206.18 | 3,799.21 | 3,208.26 | 2,910.36 |
| Total Borrowing | 6,681.84 | 5,527.45 | 2,083.08 | 1,776.04 |
| Amount in ₹ Lakhs | ||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Sadhav Shipping Limited | 7.5 | 7.5 | 39.62 | 12.66 | 18.94 |
Last Updated on 05-Mar-2024 06:02:44
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Sadhav Shipping SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Sadhav Shipping SME IPO with Zerodha.
Alternate approch to apply in Sadhav Shipping SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Sadhav Shipping SME IPO Review and Important Updates
Other relevant questions :
How to subscribe Sadhav Shipping SME IPO Zerodha? How to purchase Sadhav Shipping SME IPO on Zerodha? Sadhav Shipping SME IPO how to buy Zerodha? Sadhav Shipping SME IPO Zerodha apply. Sadhav Shipping SME IPO purchase Zerodha. Sadhav Shipping SME IPO with Zerodha. Sadhav Shipping SME IPO at Zerodha. Sadhav Shipping SME IPO kite Zerodha. Sadhav Shipping SME IPO using Zerodha. Sadhav Shipping SME IPO via Zerodha.
To subscribe or apply in Sadhav Shipping SME IPO, you can use the following methods:
| Sadhav Shipping SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Sadhav Shipping SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Sadhav Shipping SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Sadhav Shipping SME IPO. Most of the Syndicate Banks provide access to apply in Sadhav Shipping IPO via ASBA process. You must have your net banking access, DP ID information to apply in Sadhav Shipping SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Sadhav Shipping SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Sadhav Shipping SME IPO Review and Important Updates
Other relevant question on same topics are:
Where to subscribe Sadhav Shipping SME IPO? Where to apply for Sadhav Shipping SME IPO? How to subscribe Sadhav Shipping SME IPO online? Sadhav Shipping SME IPO where to apply? Where to buy Sadhav Shipping SME IPO online? How to buy Sadhav Shipping SME IPO online? How to purchase Sadhav Shipping SME IPO? How to get Sadhav Shipping SME IPO? How to book Sadhav Shipping SME IPO? How to invest Sadhav Shipping SME IPO? Sadhav Shipping SME IPO kaise buy kare?
Sadhav Shipping SME IPO is going to be list on 01-03-2024. NSE Code for Sadhav Shipping is SADHAV.
Other relevant questions:
When Sadhav Shipping SME IPO will be listing? Sadhav Shipping SME IPO NSE listing date?Sadhav Shipping SME IPO date of listing
Sadhav Shipping SME IPO Allotment Date is 28-02-2024.
Other relevant questions:
Sadhav Shipping SME IPO share allotment date?Sadhav Shipping SME IPO allotment date?
