Shreeji Shipping Global IPO is a Mainboard public offer worth ₹410.71 crore. It will be open for investors to apply from August 19 to August 21, 2025.
Shreeji Shipping Global Limited share has a face value of ₹10, and the price range is ₹240 to ₹252 per share. The lot size for this IPO is 58 shares. For retail investors, the minimum investment is ₹14616 for 1 lot of 58 shares. For Small Non-Institutional Investors (SHNI), the minimum application is 14 lots (812 shares), requiring an investment of ₹2,04,624. For Big Non-Institutional Investors (BHNI), the minimum application is 69 lots (4002 shares), amounting to ₹10,08,504.
Shreeji Shipping Global IPO will open for subscription on August 19, 2025, and close on August 21, 2025. The allotment is expected to be finalized on Monday, August 22, 2025, and Shares will list on the BSE and NSE on Wednesday, August 26, 2025(Tentative).
Shreeji Shipping Global IPO Details
| IPO Type | Main Board |
|---|---|
| IPO Method | Book Building |
| IPO Open Date | 19 August 2025 (Tuesday) |
| IPO Close Date | 21 August 2025 (Thursday) |
| IPO Listing Date | 26 August 2025 (Tuesday) |
| Price Band | ₹240 to ₹252 per share |
| Lot Size | 58 Shares |
| Face Value | 10 |
| Issue Size | ₹410.71 Crores (approx.) |
| Fresh Issue | ₹410.71 Crores (approx.) |
| Offer for Sale (OFS) | ₹ 0 Crores (approx.) |
| Listing Exchange | NSE,BSE(BSE is the Designated Stock Exchange) |
Shreeji Shipping IPO Timeline
Shreeji Shipping Global IPO Subscription Status (Day-wise)
| Day | QIB | NII | RII | Employees | Total |
|---|---|---|---|---|---|
| Day 2 | 2.42x | 11.22x | 7x | x | 6.60x |
| Day 3 | 110.41x | 72.70x | 21.94x | x | 58.10x |
Shreeji Shipping Global IPO reservation table
| Investor Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
| Anchor Investors | 48,89,400 | 48,89,400 | 1x |
| Qualified Institutional Buyers (QIB) (Other than Anchor) (A) | 32,59,600 | 35,99,07,922 | 110.41x |
| Non-Institutional Investors (NII) Total (B=B1+B2) | 24,44,700 | 17,77,39,434 | 72.70x |
| Non-Institutional Investors (NII) Big# (B1) | 16,29,800 | 11,87,48,504 | 72.86x |
| Non-Institutional Investors (NII) Small#(B2) | 8,14,900 | 5,89,90,930 | 72.39x |
| Retail Individual Investors (RII) (C) | 57,04,300 | 12,51,54,024 | 21.94x |
| Employee Reserved category (D) | – | – | – |
| Total (Exclude Anchor Portion) (A+B+C+D) | 1,14,08,600 | 66,28,01,380 | 58.10x |
Shreeji Shipping Global Lot Size
Table is Prepared at the upper end of the price band (₹252).
| Application | Lot Size | No. of Shares | Amount |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
Promoter Shareholding Table (Pre & Post Issue)
| Shareholder | Pre-Issue Holding (%) | Post-Issue Holding (%) |
|---|---|---|
| Promoters | 100% | 90% |
| Others (Public / Investors) | 0% | 10% |
| Total | 100% | 100% |
Company Overview
Shreeji Shipping Global is a leading provider of shipping and logistics solutions for dry bulk cargo at ports and jetties in India and Sri Lanka. With a fleet of over 80 vessels and more than 370 units of material-handling equipment, the company offers end-to-end services including cargo handling, ship-to-ship lighterage, stevedoring, transportation, and fleet chartering.
Founded in 1995 as M/s. Shreeji Shipping and later incorporated in 2024, the company has over three decades of experience in the industry. Under the leadership of its promoters, Mr. Ashokkumar Haridas Lal and Mr. Jitendra Haridas Lal, Shreeji Shipping has established a strong presence, primarily at non-major ports on India’s west coast, and has handled operations at more than 20 ports including Kandla, Navlakhi, Magdalla, Bhavnagar, and Puttalam (Sri Lanka).
For FY 2025, the company handled 15.71 MMTs of cargo and reported revenue of ₹6,076.13 million with PAT of ₹1,412.37 million. It serves diverse industries such as Oil & Gas, Energy, FMCG, Coal, and Metals, offering integrated single-window shipping and logistics solutions.
Objects of the Offer
- Acquisition of Vessels.
- Repayment of borrowings.
- General Corporate Purposes.
Financial Snapshot (As of and For the Fiscal Ended on)
| Particulars | 31-Mar-2025 | 31-Mar-2024 | 31-Mar-2023 |
|---|---|---|---|
| Revenue (₹ Cr) | 607.61 | 731.00 | 827.00 |
| Revenue (₹ Cr)(Including Other Income) | 610.45 | 736.17 | 827.33 |
| Profit After Tax (₹ Cr) | 141.24 | 124.51 | 118.89 |
| Profit After Tax Margin (%)(On Total Revenue) | 23.24% | 17.03% | 14.38% |
| Earnings per share (in ₹) | 9.83 | 8.89 | 8.49 |
| Total Assets (₹ Cr) (Consolidated) | 758.58 | 610.65 | 600.92 |
| Total Borrowings (₹ Cr) | 256.47 | 158.88 | 175.45 |
| Net Worth (₹ Cr) | 343.17 | 315.18 | 255.81 |
| NAV per equity share (in ₹) | 23.41 | 21.50 | 17.45 |
Shreeji Shipping Global IPO Key Performance Indicators
| Particulars | FY2024-25 | FY2023-24 | FY2022-23 |
|---|---|---|---|
| EBITDA (₹ Cr) | 200.68 | 197.89 | 188.71 |
| EBITDA Margin (%) | 33.03% | 27.07% | 22.82% |
| Return on Equity (RoE %) | 42.91% | 43.61% | 58.17% |
| Return on Capital Employed (RoCE %) | 28.09% | 35.33% | 38.05% |
| Debt to Equity Ratio(In Times) | .75 | .50 | .69 |
| Operating Cash Flows(₹ Cr) | 138.79 | 158.56 | 152.70 |
Comparison with Listed Competitors
There are no listed peer group companies (i.e., companies of comparable size in the same industry), in India or globally (outside India) that engage in a business similar to that of Shreeji Shipping Global Limited.
Strengths & Risks
For detailed information on Strengths and Risks, please refer to the sections ‘Our Competitive Strengths’ and Section II – Risk Factors of the RHP.
Key Contacts for Shreeji Shipping Global IPO
| Company Contact SHREEJI SHIPPING GLOBAL LIMITED Archanaba Krunalsinh Gohil (Company Secretary and Compliance Officer) “Shreeji House”, Town Hall Circle, Kalavad, Jamnagar – 361001, Gujarat, India Email: info@shreejishipping.in Tel: +91 288 2553331 www.shreejishipping.in | Registrar to the Issue Contact person: Vinayak Morbale Bigshare Services Private Limited S6-2, 6thFloor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai – 400093, Maharashtra, India Telephone: +91 22-62638200 E-mail: ipo@bigshareonline.com Investor grievance e-mail: investor@bigshareonline.com Website: www.bigshareonline.com |
Book Running Lead Managers (BRLMs)
| BRLM Full Name |
|---|
| Beeline Capital Advisors Private Limited,Elara Capital (India) Private Limited |
For full contact details including representatives, emails, and phone numbers, of BRLM’s please refer to the Red Herring Prospectus (RHP).
Important IPO Documents
- Red Herring Prospectus (RHP)
- Draft Red Herring Prospectus (DRHP)
- Anchor Investors Allocation Report.
- Basis of Allotment(Published After allotment)
FAQ’s
1. What is the Shreeji Shipping Global IPO?
The Shreeji Shipping Global IPO is a book-built issue aiming to raise ₹410.71 crore. It comprises a fresh issue of ₹410.71 crore and an offer for sale of ₹0 crore.
2. When does the Shreeji Shipping Global IPO open and close?
Opening Date: August 19, 2025
Closing Date: August 21, 2025
3. What is the price band for the Shreeji Shipping Global IPO?
The price band is set between ₹240 and ₹252 per share.
4. What is the lot size and minimum investment for the Shreeji Shipping Global IPO?
Lot Size: 58 shares
Minimum Investment: ₹13920-14616
5. What is the issue size of the Shreeji Shipping Global IPO?
The total issue size is ₹410.71 crore, which includes:
Fresh Issue: ₹410.71 crore
Offer for Sale: ₹0 crore
6. Who are the lead managers for the Shreeji Shipping Global IPO?
The IPO is managed by Beeline Capital Advisors Private Limited, Elara Capital (India) Private Limited.
7. Who is the registrar for the Shreeji Shipping Global IPO?
The registrar for this IPO is Bigshare Services Private Limited.
8. Where will the Shreeji Shipping Global shares be listed?
The shares are proposed to be listed on the BSE AND NSE (BSE is the designated stock exchange).
9. When will the allotment be finalized?
The basis of allotment is expected to be finalized on 22 August 2025.
10. When is the Shreeji Shipping Global IPO listing date?
The shares are expected to be listed on 26 August 2025.
11. What are the objectives of the Shreeji Shipping Global IPO?
The net proceeds from the IPO will be utilized for: Acquisition of Vessels, Repayment of borrowings, General Corporate Purposes.
12. How can I check the allotment status?
You can check the allotment status by visiting our dedicated page here: IPO Allotment Status.
IPO Listing Details
| IPO Listing Date | 26 August 2025 (Tuesday) |
| ISIN | |
| NSE Symbol | |
| BSE Script Code | |
| Issue Price | ₹ |
| Listing Price | [₹0] |
| Listing Gain/Loss (%) | [+0%] |
Listing Day Trading Information
| Price | BSE | NSE |
|---|---|---|
| Share Allotment Price(Issue Price) | 0 | 0 |
| Open | 0 | 0 |
| High | 0 | 0 |
| Low | 0 | 0 |
| VWAP | 0 | 0 |
| Close | 0 | 0 |
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. Recipients should conduct their own research and assessments and consult their investment advisor before making any investment decisions. This does not constitute a personal recommendation/investment advice.
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