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Sadhav Shipping Limited IPO Date, Price, Review and Details

 

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Sadhav Shipping Limited IPO

February 23, 2024 - February 27, 2024 Closed

Sadhav Shipping Limited IPO  

Sadhav Shipping Limited engaged in headquartered in Mumbai, founded in 1996 with the primary goal of owning and managing marine resources to support port operations, coastal logistics, and related maritime services. Currently, SSL possesses and oversees a fleet of 24 ships, comprising 19 owned vessels and 5 leased vessels, serving diverse sectors of India's maritime industry. They consider a motivated and empowered workforce essential for their operations and business approach. Presently, their company benefits from a vibrant team of employees, supported by administrative personnel and finance professionals. The organization's goal is to alleviate the hardships faced by financially struggling patients by providing affordable shelter and dedicated transportation to the nearest cancer hospital. This is aimed at easing the burden on less fortunate individuals dealing with challenging financial situations.

Company Promoters:

  • Mr. Kamal Kant Biswanath Choudhury
  • Mrs Sadhana Choudhury
  • Mr. Vedant KamalKant Choudhury
  • Mr. Subhas Chandra Choudhury  

Objects of this Issue:

  • Repayment / Prepayment, in part or full of certain outstanding borrowings availed by their Company.
  • Part funding of Capital Expenditure to Purchase/ Acquire additional Boats/ vessels.
  • Additional Working Capital Requirement.
  • General Corporate Purpose.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

11,628.71

6,909.44

6,117.64

Total Liabilities

3,597.46

3,405.93

2,912.04

Net Profit

775.44

300.93

330.77

Sadhav Shipping Limited IPO Schedule

1.     Bid or Offer Opens on: 23 February 2024
2.     Bid or Offer Closes on: 27 February 2024
3.     Finalization of BoA: 28 February 2024
4.     Initiation of Refunds: 29 February 2024
5.     Credit of shares to Demat account: 29 February 2024
6.     Listing Date: 01 March 2024

Sadhav Shipping Limited IPO Lot Size

The market lot size of Sadhav Shipping Limited IPO is 2,400 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1200

₹114,000

Maximum

1

  1200

₹114,000

S-HNI(Minimum)

2

  2,400

₹228,000

Company Contact Details:

521 5th Floor, Loha Bhavan, P.D'mello

Road, Masjid (East), Mumbai Mh 400009

India

Phone: +91 -22-40003355

Email:  cs@sadhav.com

Website:  www.sadhavshipping.com

 

Sadhav Shipping Limited IPO Registrar Details:

Maashitla Securities Private Limited

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi –

110034

Telephone: +91-11-45121795-96  

Email: contact@maashitla.com

Website: https://maashitla.com


Frequently Asked Question

You will receive on Sadhav Shipping Limited IPO shares in your Demat account on February 28, 2024, if allotted.
The face value of sadhav shipping ltd is ₹10 per share.
The meaning of "Sadhav Shipping Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Sadhav Shipping Limited IPO on the current day.
Closing date of Sadhav Shipping Limited IPO is February 27, 2024.
To participate in the Sadhav Shipping Limited IPO, you typically need to have a trading account with a registered stockbroker. Once the IPO opens for subscription, you can place your bid through your broker's platform.
If you do not get the allotment of on Sadhav Shipping Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Sadhav Shipping Limited IPO Shares will be listed at NSE SME.
Pre-issue shareholding of the Sadhav Shipping Limited IPO promoter is 96.44%.
Investing in any IPO carries certain risks. For Sadhav Shipping Limited IPO, risks may include fluctuations in the renewable energy market, regulatory changes impacting the renewable energy sector, operational challenges in managing wind farms, and competition from other renewable energy companies.
Sadhav Shipping Limited IPO share price ₹95 per share.
Opening date of Sadhav Shipping Limited IPO is February 23, 2024.
Post-issue shareholding of the sadhav shipping ltd ipo promoter is 69.44%.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Lot size of the Sadhav Shipping Limited IPO is 1200 shares.
Sadhav Shipping Limited IPO shares will get listed on March 01, 2024.
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