Sadhav Shipping Limited IPO
Sadhav Shipping Limited was a SME IPO in the Shipping sector, offered at ₹95–₹95 per share to raise ₹38 crore. It listed on 1 Mar 2024 at ₹135 and closed its first day at ₹142, a listing gain of +49.2% versus the ₹95 issue price. It now trades around ₹109 (+15.1% versus the issue price).
Frequently asked questions
- What were the Sadhav Shipping Limited IPO listing gains?
- Sadhav Shipping Limited listed on 1 Mar 2024 at ₹135, closing its first day at ₹142 — a listing gain of +49.2% versus the ₹95 issue price.
- What was the price band and lot size of the Sadhav Shipping Limited IPO?
- The price band was ₹95–₹95 per share, with a minimum lot of 1,200 shares (₹1,14,000 at the upper band).
- Who were the registrar and lead manager for the Sadhav Shipping Limited IPO?
- Maashitla Securities Private Limited was the registrar, and ISK Advisors was the book-running lead manager.