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Sadhav Shipping IPO

Sadhav Shipping IPO has 40.19L shares for INR 38.18cr to repay loans, buy vessels, for working capital, and corporate costs.

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Important Dates

IPO Date: Feb 23 to Feb 27, 2024 IPO Listing Date: March 1, 2024 IPO Price: INR 95 per share IPO Lot Size: 1200 Shares IPO Total Issue Size: INR 38.18 crores

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Fundamental Analysis

Sadhav Shipping's IPO shows revenue growth, higher profitability, and efficiency, with rising EPS and RoNW, signaling investment potential after analysis.

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Peer Comparison

Sadhav Shipping reports ₹7780.84L revenue, P/E 12.67, EPS ₹7.50, 18.94% RoNW, ₹39.62 NAV, outperforming Seamec and Knowledge Marine.

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Objective

Sadhav Shipping's loan aims to clear debts, buy boats/vessels, and cover extra working capital needs.

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Risks And Challenges

Sadhav Shipping faces risks from legal issues, operational breakdowns, reliance on third parties, and vessel rental uncertainties.

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