Sadhav Shipping IPO

Incorporated in 1996, Sadhav Shipping Limited owns and operates marine assets to service ports, and coastal logistics, and provides other port maritime-related services. The company was previously known as Homa Offshore & Shipping Company Private Limited. The company has barges that are used in coastal and inland waterway shipping for the transportation or lightering of goods. The company operates and manages Port crafts and also offers high-speed security boats for patrol services. Sadhav Shipping has three business divisions: Offshore Logistics: Exploration and production of oil and gas in offshore fields Port Services: High-speed patrol boats for ports Oil spill response: Tier 1 oil spill response equipment for ports The company has 24 ships, of which 19 are owned and 5 are leased, which are deployed in various sectors of maritime trade in India. As of March 31, 2023, the company had 421 employees.

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