Sadhav Shipping Limited IPO

Incorporated in 1996, Sadhav Shipping Limited owns and operates marine assets to service ports, and coastal logistics, and provides other port maritime-related services. The company was previously known as Homa Offshore & Shipping Company Private Limited. The company has barges that are used in coastal and inland waterway shipping for the transportation or lightering of goods. The company operates and manages Port crafts and also offers high-speed security boats for patrol services. Sadhav Shipping has three business divisions: Offshore Logistics: Exploration and production of oil and gas in offshore fields Port Services: High-speed patrol boats for ports

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Date23Feb2024 - 27Feb2024
Price Range (₹)95
Minimum Order Quantity1200 Shares
(D)RHPView

Sadhav Shipping IPO opens for subscription on February 23, 2024 and closes 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. Read more

Check out some recent financials figures of the company:

Financial Year Ended Revenue (₹ Millions) Profit After Tax (₹ Millions) EPS (₹)
2021 612.4  33.1 7.50 
2022 697.8  30.1 7.50 
2023 789.1  77.5 7.50 

How do I apply for the Sadhav Shipping Limited IPO?

You can apply for the Sadhav Shipping Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on rocket
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.

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