IPO Trending
SADHAVSME / NSEListed

Sadhav Shipping Limited

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 Price135.00
Listing Gain+42.11%
TimelineFixed Price Issue IPO
Open23 Feb 2024
Close27 Feb 2024
Allotment28 Feb 2024
Listing01 Mar 2024

Quota Reservation Portions

RetailPortion: 19,08,000 shares
47.48%
Nii(hni)Portion: 19,08,000 shares
47.48%
Market MakerPortion: 2,02,800 shares
5.05%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,14,000
HNI2 lots / 2,400 shares
₹2,28,000

About the Company

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.

Company Promoters

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