How To Check Sahara Maritime IPO Allotment Status

Sahara Maritime is set to finalise the allotment status of its initial public offering (IPO) on Thursday, December 21. The Sahara Maritime IPO bidding commenced on December 18 and concluded on December 20, featuring a price of ₹81 per share.

Checking Allotment Status on Registrar's Website

Here is a step-by-step guide to check the Sahara Maritime IPO allotment status

  1. Visit the registrar's website.
  2. Click on ‘Select Company' and choose ‘Sahara Maritime'.
  3. Input your PAN, application number, DP/Client ID, or Account number/IFSC.
  4. Enter the captcha.
  5. Click on submit.

Checking Allotment Status on BSE

Alternatively, you can check the Sahara Maritime IPO allotment status on the BSE website:

  1. Go to the BSE website.
  2. Click on ‘Equity’ and select ‘Sahara Maritime' from the dropdown menu.
  3. Enter your application number and PAN.
  4. Click on ‘Search’.

See Also: Software Engineer In Custody For Parliament Security Breach: Unraveling the Facts

Sahara Maritime IPO: A fixed price issue and small and medium business IPO, Sahara Maritime’s IPO opened for subscription on December 18. The firm offers services in logistics, transport management and freight. Priced at ₹81 per share, the company aims to raise ₹6.88 crore through a fresh issue of 8.5 lakh equity shares. The minimum investment for retail investors is ₹1.29 lakh with a lot size of 1,600 shares.

As of Thursday, the IPO had been oversubscribed 13.27 times, receiving bids for 1.07 crore equity shares against the offered 8.06 lakh shares. Notably, the retail category saw a subscription of 22.76 times, while the non-institutional investors (NII) category experienced 3.77 times subscription.

Despite robust demand, the grey market premium (GMP) for Sahara Maritime IPO is currently at ₹0, indicating that the shares are trading at their issue price without any premium or discount in the grey market.

Read Next: Missed Out On DOMS, Inox India IPO Allotment? Here Are 5 Other IPOs Still Open This Week

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Posted In: NewsIPOsSahara Maritime