| Sahara Maritime Ltd |
|---|
| Registered Office: 105 106 108 Flr-I Plot-142, Sherrif.St Chakala Mrkt.Mandvi, Mumbai - 400003, Maharashtra |
| Phone: 022-2347 9362 |
| Email: info@saharamaritime.com |
| Website: www.saharamaritime.com |
| Initial public offering of 8,49,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of Sahara Maritime Limited ("Sahara Maritime" or "Company" or "Issuer") for cash at a price of Rs. 81/- per equity share (including a premium of Rs. 71 per equity share) ("Issue Price") aggregating Rs. 6.88 crores ("The Issue") of which 43,200 equity shares aggregating to Rs. 0.35 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 8,06,400 equity shares of face value of Rs. 10/- each at an issue price of Rs. 81/- per equity share aggregating up to Rs. 6.53 crores ("Net Issue"). The issue and the net issue will constitute 27.67 % and 26.26% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 8.1 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 18-Dec-2023 | 20-Dec-2023 | ₹ 81.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 5.96 | Swaraj Shares & Securities Pvt Ltd |
| Project Financed through Current Offer | 6.88 | |
| Post Issue Equity Share Capital | 3.07 | |
| Issue Price | ₹81.00 | |
| Projects |
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| Funding of capital expenditure requirements of the company towards purchase of (I) Comercial Vehicles & (II) Office Equipment |
| Working Capital Requirements |
| General Corporate Purposes |
| Promoted By |
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| Sohrab Rustom Sayed |
| Nadeem Aboobakar Hira |
| Listing At |
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| BSE - SME |
| Registrar to the Issue |
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