Sadhav Shipping Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 22-02-2024 | 26-02-2024 | ₹10 per share | 0 | 1200 Shares | NSE SME | N/A | 2024-02-27 18:30:00 | 2024-02-28 18:30:00 | 2024-02-28 18:30:00 | 31-01-2024 |
About The Company
Sadhav Shipping IPO is a fixed price issue of Rs 38.18 crores. The issue is entirely a fresh issue of 40.19 lakh shares.
Sadhav Shipping IPO bidding opened for subscription on February 23, 2024 and will close on February 27, 2024. The allotment for the Sadhav Shipping IPO is expected to be finalized on Wednesday, February 28, 2024. Sadhav Shipping IPO will list on NSE SME with tentative listing date fixed as Friday, March 1, 2024.
Sadhav Shipping IPO price is ₹95 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹114,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹228,000.
Isk Advisors Pvt Ltd is the book running lead manager of the Sadhav Shipping IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Sadhav Shipping IPO is Sunflower Broking.
Refer to Sadhav Shipping IPO RHP for detailed informati
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 25-06-2023 | 13113 | 3386 | 407 | 4501.44 | 4206.18 | 6681.84 |
| 30-11--0001 | 6978 | 301 | 3504 | 3208.26 | 0 | 2083.08 |
| 25-07-2021 | 6118 | 6124 | 331 | 3205.61 | 2910.36 | 1776.04 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Market Maker | 1 |
| Non-Institutional Buyers* | 2.33 |
| Retail Investors | 6.94 |
| Total ** | 4.64 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 11400 |
| Retail (Max) | 1 | 1200 | 11400 |
| HNI (Min) | 2 | 2400 | 228000 |
IPO Listing Details
| Listing Date | 31-01-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Mr. Kamal Kant Biswanath Choudhury, Mrs Sadhana Choudhury, Mr. Vedant Kamal Kant Choudhury, and Mr. Subhas Chandra Choudhury
Contact Information of the Company
Sadhav Shipping Limited
521 5th Floor,
Loha Bhavan, P.Dʹmello Road,
Masjid (East), Mumbai - 400009
Phone: +91 ‐22‐40003355
Email: cs@sadhav.com
Website: http://www.sadhavshipping.com/
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: contact@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
IPO Lead Manager
Isk Advisors Pvt Ltd