Shreeji Shipping Global IPO is a book build issue of ₹410.71 crores. The issue is entirely a fresh issue of 1.63 crore shares of ₹410.71 crore.
Shreeji Shipping Global IPO bidding started from Aug 19, 2025 and ended on Aug 21, 2025. The allotment for Shreeji Shipping Global IPO was finalized on Aug 22, 2025. The shares got listed on BSE, NSE on Aug 26, 2025.
Shreeji Shipping Global IPO price band is set at ₹252.00 per share . The lot size for an application is 58. The minimum amount of investment required by an retail is ₹14,616 (58 shares) (based on upper price). The lot size investment for sNII is 14 lots (812 shares), amounting to ₹2,04,624, and for bNII, it is 69 lots (4,002 shares), amounting to ₹10,08,504.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Shreeji Shipping Global IPO RHP for detailed Information.
IPO Date | August 19, 2025 to August 21, 2025 |
Listing Date | August 26, 2025 |
Face Value | ₹10 per share |
Issue Price Band | ₹240 to ₹252 per share |
Issue Price Final | ₹252 per share |
Lot Size | 58 Shares |
Sale Type | Fresh Capital |
Total Issue Size | 1,62,98,000 shares (aggregating up to ₹410.71 Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 14,66,20,254 shares |
Share Holding Post Issue | 16,29,18,254 shares |
Shreeji Shipping Global IPO offers total 1,62,98,000 shares. Out of which 81,49,000 (50.00%) allocated to QIB, 32,59,600 (20.00%) allocated to QIB (Ex- Anchor), 24,44,700 (15.00%) allocated to NII, 57,04,300 (35.00%) allocated to RII and 48,89,400 (30.00%) allocated to Anchor investors.
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
QIB Shares Offered | 81,49,000 (50.00%) | NA |
− Anchor Investor Shares Offered | 48,89,400 (30.00%) | NA |
− QIB (Ex. Anchor) Shares Offered | 32,59,600 (20.00%) | NA |
NII (HNI) Shares Offered | 24,44,700 (15.00%) | NA |
− bNII > ₹10L | 16,29,800 (10.00%) | 2,007 |
− sNII < ₹10L | 8,14,900 (5.00%) | 1,003 |
Retail Shares Offered | 57,04,300 (35.00%) | 98,350 |
Total Shares Offered | 1,62,98,000 (100.00%) |
Shreeji Shipping Global IPO raises ₹123.21 crore from anchor investors. Shreeji Shipping Global IPO Anchor bid date is August 18, 2025. Shreeji Shipping Global IPO Anchor Investors list
Bid Date | August 18, 2025 |
Shares Offered | 48,89,400 |
Anchor Portion Size (In Cr.) | 123.21 |
Anchor lock-in period end date for 50% shares (30 Days) | September 20, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | November 19, 2025 |
Shreeji Shipping Global IPO opens on August 19, 2025, and closes on August 21, 2025.
IPO Open Date | Tue, Aug 19, 2025 |
IPO Close Date | Thu, Aug 21, 2025 |
Tentative Allotment | Fri, Aug 22, 2025 |
Initiation of Refunds | Mon, Aug 25, 2025 |
Credit of Shares to Demat | Mon, Aug 25, 2025 |
Tentative Listing Date | Tue, Aug 26, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on Thu, Aug 21, 2025 |
Investors can bid for a minimum of 58 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 58 | ₹14,616 |
Retail (Max) | 13 | 754 | ₹1,90,008 |
S-HNI (Min) | 14 | 812 | ₹2,04,624 |
S-HNI (Max) | 68 | 3,944 | ₹9,93,888 |
B-HNI (Min) | 69 | 4,002 | ₹10,08,504 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1995, Shreeji Shipping Global Limited is a shipping and logistics company focusing on dry-bulk cargo. Shreeji Shipping Global primarily focuses on non-major ports and jetties, especially along the west coast of India and Sri Lanka.
The company has provided services at over 20 ports and jetties, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam.
The company's services include the following
As of March 31, 2025, the company operates a fleet that exceeds 80 vessels, which includes barges, mini bulk carriers (MBCs), tugboats, and floating cranes.
Furthermore, the company maintains a portfolio of more than 370 earthmoving machines, encompassing material handling equipment, excavators, payloaders, tippers (including trailers), tankers, and various other vehicles used to provide client services.
Under the cargo handling segment, the company offers STS (ship-to-ship) Lighterage, Stevedoring and other port services, including cargo management services. The company offers transportation for dry bulk cargo, including port-to-premise drop-off and vice versa.
The company serves customers in sectors like Oil and Gas, Energy, FMCG, and Metals.
As of March 31, 2025, the company employs over 1173 permanent employees.
Competitive Strength:
Shreeji Shipping Global Ltd.'s revenue decreased by 17% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2025 and March 31, 2024.
Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
Assets | 758.58 | 610.65 | 600.92 |
Total Income | 610.45 | 736.17 | 827.33 |
Profit After Tax | 141.24 | 124.51 | 118.89 |
EBITDA | 200.68 | 197.89 | 188.71 |
Net Worth | 343.17 | 315.18 | 255.81 |
Reserves and Surplus | 196.55 | 315.08 | 255.71 |
Total Borrowing | 256.47 | 158.88 | 175.45 |
Amount in ₹ Crore |
The market capitalization of Shreeji Shipping Global IPO is ₹4105.54 Cr.
KPI as of Mon, Mar 31, 2025.
KPI | Values |
---|---|
ROE | 42.91% |
ROCE | 28.09% |
Debt/Equity | 0.75 |
RoNW | 42.91% |
PAT Margin | 23.24% |
EBITDA Margin | 33.03% |
Price to Book Value | 10.76 |
Pre IPO | Post IPO | |
---|---|---|
EPS Rs | 9.63 | 8.67 |
P/E (x) | 26.16 | 29.07 |
The Company Shreeji Shipping Global IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
1 | Acquisition of Dry Bulk Carriers in Supramax category in the secondary market | 251.18 |
2 | Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | 23.00 |
3 | General Corporate Purposes | 95.36 |
[Dilip Davda] SSGL is engaged in providing specialized services for shipping and logistics for dry bulk cargo. Currently it provides such services on 20 Indian ports and jetties and 1 port at Sri Lanka. Though it marked declining trends in its top lines for the reported periods, it marked growth in its bottom lines following cost control management and specialized services. Based on its recent financial data, the issue appears fully priced. It may catch fancy post listing as a first mover in the segment. Investors may park funds for medium to long term. Read detail review...
Listing Date | August 26, 2025 |
BSE Script Code | 544490 |
NSE Symbol | SHREEJISPG |
ISIN | INE1B6101010 |
Final Issue Price | ₹252 per share |
NSE Listing Group | EQ |
Shreeji Shipping Global Ltd.
Shreeji House,
Town Hall Circle,
Kalavad
Jamnagar, Gujarat, 361001
Phone: +91 288 2553331
Email: info@shreejishipping.in
Website: https://shreejishipping.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Shreeji Shipping Global IPO is a main-board IPO of 1,62,98,000 equity shares of the face value of ₹10 aggregating up to ₹410.71 Crores. The issue is priced at ₹252 per share. The minimum order quantity is 58.
The IPO opens on August 19, 2025, and closes on August 21, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Shreeji Shipping Global IPO using UPI as a payment gateway. Zerodha customers can apply in Shreeji Shipping Global IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shreeji Shipping Global IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shreeji Shipping Global IPO opens on August 19, 2025 and closes on August 21, 2025.
Shreeji Shipping Global IPO lot size is 58, and the minimum amount required for application is ₹14,616.
You can apply in Shreeji Shipping Global IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shreeji Shipping Global IPO will be done on Friday, August 22, 2025, and the allotted shares will be credited to your demat account by Monday, August 25, 2025. Check the Shreeji Shipping Global IPO allotment status.
The Shreeji Shipping Global IPO listing date is on Tuesday, August 26, 2025.
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