Sahara Maritime Limited

About the company

## **About  Sahara Maritime Limited** Incorporated in 2009, The main transport mode for global trade is ocean shipping: around 90% of traded goods are carried over the waves. Maritime transport forms part of a whole cluster of economic activities that can create economic value added. This comes with opportunities and challenges. The company offers their customers a comprehensive range of freight-related services, along with ancillary transport management. Additionally, they have established informal partnerships with various intermediaries to provide ancillary services such as Transportation, Multimodal Transportation, Project cargo handling, Third Party Logistics, Packaging, loading/unloading, and unpacking of items. These additional services enable them to provide end-to-end solutions and other value-added services that cater to their customers’ diverse needs. They understand that each customer has unique shipment requirements, and they prioritize building personal relationships with them to better understand their individual needs. To meet these needs, the company has proactively outsourced vendors and established partnerships, allowing it to offer a wide range of services at competitive prices. This asset-light business model grants the flexibility to develop tailored logistic solutions across diverse industries while ensuring scalability of services. The primary objective is to ensure the safe transportation and delivery of goods from start to finish. They achieve this by leveraging their expertise to identify and recommend the optimal solution for each client’s specific business environment. Their dedicated team of skilled shipping and customs specialists works diligently to provide clients with customized solutions at affordable rates. Strengthening customer relationships and consistently delivering quality products, services, and solutions are at the core of our mission. Sahara Maritime Limited  is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives. 1. Funding of capital expenditure requirements of our Company towards purchase of:      (i) commercial vehicles; and      (ii) Office Equipment’s 2.To Meet Working Capital Requirements 3.General Corporate Purpose Here are key details about the Sahara Maritime Limited IPO: Company Name| **Sahara Maritime Limited Limited**|  | Sahara Maritime Limited IPO Opening Date| **December 18, 2023** ---|---|---|---|--- Company Incorporated On|**2009**Sahara Maritime Limited IPO Price band|**1600 Shares**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   18 Dec 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   20 Dec 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   20 Dec 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   22 Dec 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   21 Dec 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   26 Dec 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.