Sadhav Shipping IPO, Review, IPO Performance by IPOPlatform India

About Sadhav Shipping

Company Information

Sadhav Shipping is Mumbai based company incorporated in year 1996 with an objective to their own
and operate marine assets to service ports, costal 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. Sadhav Shipping Limited was incorporated by Mr. Kamal Kant Biswanath Choudhury an alumnus of T.S. Dufferin and Master Mariner. He is also an alumni of NMIMS and a Gold Medallist Fellow of Narottam Morarjee Institute of Shipping. He worked with the Directorate General of Shipping (India) and ONGC Ltd. prior to founding the Sadhav Shipping Limited.
Under the leadership of Mr. Choudhury SSL has grown its business over the years and expanded

Object of Issue

Repayment / Prepayment, in part or full of certain outstanding borrowings availed by the company,
Part funding of Capital Expenditure to Purchase/ Acquire additional Boats/ vessels,
Additional Working Capital Requirement, and
General Corporate Purposes

Sadhav Shipping SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Mar, 2024

IPO Size :

38.18 Cr.

Market Cap :

136.35 Cr.

IPO Subscription :

135.69 X

PE Multiple :

16.76

Merchant Banker :
Isk Advisors Private Limited

IPO Registrar:
Maashitla Securities Private Limited

Anchor Investors:

FAQs

1. What is Sadhav Shipping IPO?

Sadhav Shipping operates in Logistics and Operating Marine Assets And Related Services. The Issue is listed on NSE EMERGE in Mar, 2024. Sadhav Shipping IPO size was 38.18 Cr. with Issue price of 95.00 .

2. Who is the merchant banker of Sadhav Shipping IPO?

Merchant Banker(s) of Sadhav Shipping IPO: Isk Advisors Private Limited

3. How many times Sadhav Shipping IPO was subscribed?

Sadhav Shipping IPO subscription was 135.69 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Sadhav Shipping IPO?

Sadhav Shipping IPO listed at a listing price of 141.75 against the offer price of 95.00.

5. What is the current market price of Sadhav Shipping IPO?

The current market price of Sadhav Shipping is 136.80.

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Sadhav Shipping Limited IPO (Sadhav Shipping IPO) Details

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

About Sadhav Shipping

Company Information

Object of Issue

Sadhav Shipping SME IPO Details (at the time of IPO)

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