About Sahara Maritime Limited
Sahara Maritime is launching its IPO. The IPO opens for subscription on 18th December and will close on 20th December 2023.
Disclaimer: This stock will trade with a lot size of 1600 shares in the SME segment on listing.
What does Sahara Maritime Limited do?
Incorporated in 2009, Sahara Maritime Limited specializes in sea freight forwarding and provides a comprehensive range of freight-related services, along with ancillary transport management and is registered with the Director General of Shipping, Ministry of Shipping, Government of India to act as a Multimodal Transport Operator.
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.
Schedule of Sahara Maritime Limited IPO
| Issue Period | 18th December to 20th December 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | December 21, 2023 |
| Initiation of Refunds | December 22, 2023 |
| Credit of Shares | December 22, 2023 |
| Date of Listing | December 26, 2023 |
| Mandate end date | January 04, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | January 21, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | March 21, 2024 |
How to apply to the Sahara Maritime Limited IPO?
You can apply for the Sahara Maritime Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Sahara Maritime Limited IPO?
You can check the allotment status for the Sahara Maritime Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.