Shreeji Shipping Global IPO:
Shreeji Shipping Global Ltd., a logistics and shipping company specializing in dry-bulk cargo, has announced its Initial Public Offering (IPO) set to open for public subscription next week. The company aims to raise ₹410.71 crores through a book-built issue, which will be open from Tuesday, August 19, 2025, to Thursday, August 21, 2025.
The IPO consists entirely of a fresh issue of 1.63 crore new equity shares. This means the entire proceeds from the offering will go to the company for its corporate purposes. There is no Offer for Sale (OFS) component from existing promoters. The shares are proposed to be listed on both the BSE and the National Stock Exchange (NSE).
Shreeji Shipping Global IPO Details and Investment Structure
The price band for the IPO has been fixed at ₹240 to ₹252 per share, with a face value of ₹10 per share.
Investors can bid for shares in lots, with one lot consisting of 58 shares.
* Retail Investors: A minimum investment of one lot will cost ₹13,920 at the lower end of the price band and ₹14,616 at the upper end. The maximum application for retail investors is 13 lots (754 shares) for an amount of ₹1,90,008.
* High Net-worth Individuals (HNI): The minimum investment for sHNI is 14 lots (812 shares) amounting to ₹2,04,624.
The issue has a reservation structure with not more than 50% allocated for Qualified Institutional Buyers (QIB), not less than 35% for Retail Individual Investors (RII), and not less than 15% for Non-Institutional Investors (NII).
Company Overview
Incorporated in 1995, Shreeji Shipping Global focuses on providing cargo handling, transportation, and fleet chartering services. The company primarily operates out of non-major ports and jetties along the west coast of India and in Sri Lanka.
Shreeji Shipping Global Financial
A look at the company’s restated financial information reveals a mixed performance. For the financial year ended March 31, 2025, the company’s Profit After Tax (PAT) grew by 13% to ₹141.24 crore from ₹124.51 crore in the previous year. However, its total income saw a decrease of 17%, falling to ₹610.45 crore from ₹736.17 crore in FY24. During the same period, the company’s total borrowings increased from ₹158.88 crore to ₹256.47 crore.
Shreeji Shipping Global IPO Timeline
* IPO Opening: August 19, 2025
* IPO Closing: August 21, 2025
* Basis of Allotment Finalisation: August 22, 2025
* Credit of Shares to Demat: August 25, 2025
* Tentative Listing Date: August 26, 2025
Elara Capital (India) Pvt. Ltd. and Beeline Capital Advisors Pvt. Ltd. are the book-running lead managers for the issue, with Bigshare Services Pvt. Ltd. serving as the registrar.
Shreeji Shipping Global IPO DRHP