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SADHAVSME / NSEListed
Sadhav Shipping

Incorporated in 1996, Sadhav Shipping Limited specializes in marine asset operations, offering services in ports, coastal logistics, and other maritime-related sectors. The company owns and operates barges for coastal and inland waterway shipping, manages port crafts, and provides high-speed security boats for patrol services. Sadhav Shipping operates through three key business divisions: Offshore Logistics, supporting oil and gas exploration; Port Services, offering high-speed patrol boats for port security; and Oil Spill Response, providing Tier 1 oil spill response equipment for ports. With a fleet of 24 ships—19 owned and 5 leased—the company plays a vital role in India's maritime trade. As of March 31, 2023, Sadhav Shipping Limited employed 421 personnel, ensuring smooth operations across its various service offerings.

₹95 - ₹95125.1x sub
Listed Price₹135.00
Listing Gain+42.11%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open23 Feb 2024
Close27 Feb 2024
Allotment28 Feb 2024
Listing01 Mar 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail19,08,000 shares
47.48%
Nii(hni)19,08,000 shares
47.48%
Market Maker2,02,800 shares
5.05%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,14,000
HNI2 Lots (2,400 shares)
₹2,28,000

Company Promoters

Mr. Kamal Kant Biswanath ChoudhuryMrs Sadhana ChoudhuryMr. Vedant Kamal Kant ChoudhuryMr. Subhas Chandra Choudhury

Company Background

Incorporated in 1996, Sadhav Shipping Limited specializes in marine asset operations, offering services in ports, coastal logistics, and other maritime-related sectors. The company owns and operates barges for coastal and inland waterway shipping, manages port crafts, and provides high-speed security boats for patrol services. Sadhav Shipping operates throug...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-23 )₹1786.61 Cr
Growth-70.8%
Revenue Trend (₹ in Crores)
0.03.0k6.0k9.1kMar-21Mar-22Mar-23Jun-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-23 1,786.61212.9812,359.246,007.78
Mar-237,890.59775.4411,628.715,527.45
Mar-226,977.59300.936,909.43 2,083.08
Mar-216,123.65330.776,117.611,776.04

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
20237.5020.41%13.25%2.412.66
20222.918.97%10.93%00
20213.2011.13%12.63%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Maashitla Securities Private Limited

Allotment Finalized
Allotment Date
28 Feb 2024
Official Status
Out / Finalized
Registrar
Maashitla Securities Private Limited
Listing Date
01 Mar 2024

Official Allotment Verification Links

Official Registrar Portal
Maashitla Securities Private Limited

Direct allotment verification on the official registrar portal appointed for Sadhav Shipping. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization28 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date01 Mar 2024Trading commences on exchange

How to Check Sadhav Shipping Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Sadhav Shipping from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Sadhav Shipping IPO

Complete issue overview for Sadhav Shipping (SADHAV) IPO. The issue features an equity share price band of ₹95 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,14,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions