December 18, 2023
Stocks

Sahara Maritime IPO: The initial public offering (IPO) of Sahara Maritime Limited witnessed full subscription on the first day of its opening.

The price band for Sahara Maritime IPO has been set at ₹81 per share. The company aims to raise ₹6.88 crore from the IPO through a fresh issue of 8.5 lakh equity shares. Sahara Maritime Ltd, a logistics company, initiated its IPO on December 18. The public response to the SME IPO has been robust, with full subscription recorded on the first day itself. Investors can review the Sahara Maritime IPO subscription status, current Grey Market Premium (GMP), and key details to gain insights into the offering. The IPO will be open for subscription until December 20, with the allotment expected to be finalized by December 21. Sahara Maritime IPO is scheduled to list on BSE SME, tentatively on December 26.

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