Bookbuilding IPO | ₹411 Cr | Listed at BSE, NSE | Tue, Aug 19, 2025 - Thu, Aug 21, 2025
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 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 Open
Tue, Aug 19, 2025
IPO Close
Thu, Aug 21, 2025
Issue Price
₹252 per share
Market Cap (Pre-IPO)
₹4,105.54 Cr
| IPO Date | 19 to 21 Aug, 2025 |
| Listed on | Tue, Aug 26, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹240 to ₹252 |
| Issue Price | ₹252 per share |
| Lot Size | 58 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,62,98,000 shares (agg. up to ₹411 Cr) |
| Fresh Issue | 1,62,98,000 shares (agg. up to ₹411 Cr) |
| Share Holding Pre Issue | 14,66,20,254 shares |
| Share Holding Post Issue | 16,29,18,254 shares |
| BSE Script Code / NSE Symbol | 544490 / SHREEJISPG |
| ISIN | INE1B6101010 |
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 | Max 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%) |
Investors can bid for a minimum of 58 shares and in multiples thereof.
| 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 |
Shreeji Shipping Global IPO raises ₹123.21 crore from anchor investors. Shreeji Shipping Global IPO Anchor bid date is August 18, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Aug 18, 2025 |
| Shares Offered | 48,89,400 |
| Anchor Portion (₹ Cr.) | 123.21 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Sep 20, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Nov 19, 2025 |
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 Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of Dry Bulk Carriers in Supramax category in the secondary marketAcquisition 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 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 (₹) | 9.63 | 8.67 |
| P/E (x) | 26.16 | 29.07 |
| Promoter Holding | 100% | 90% |
| Market Cap | ₹4,105.54 Cr. |
The Shreeji Shipping Global IPO is subscribed 58.08 times on August 21, 2025 5:04:34 PM (Day 3). The public issue subscribed 21.92 times in the retail category, 110.41 times in the QIB category, and 72.70 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 110.41 | 32,59,600 | 35,99,07,922 |
| NII | 72.70 | 24,44,700 | 17,77,26,210 |
| bNII (bids above ₹10L) | 72.86 | 16,29,800 | 11,87,48,504 |
| sNII (bids below ₹10L) | 72.37 | 8,14,900 | 5,89,77,706 |
| Retail | 21.92 | 57,04,300 | 12,50,29,962 |
| Total | 58.08 | 1,14,08,600 | 66,26,64,094 |
Total Application : 19,98,034
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission) | 31.14 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Issue. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.59 |
| 3 | Fees payable to the Registrar to the Issue | 0.21 |
| 4 | Fees payable to other parties, including but not limited to Statutory Auditors, and industry expert | 1.88 |
| 5 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees | 3.62 |
| 6 | Printing and stationery expenses | 0.12 |
| 7 | Advertising and marketing expenses | 1.84 |
| 8 | Fees payable to legal counsels | 1.77 |
| 9 | Miscellaneous (comprising fees payable to additional intermediaries, if any, monitoring agency, chartered accountant(s) and company secretary that may be appointed in the course of Issue) |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹252.00 | ₹252.00 |
| Open | ₹271.85 | ₹270.00 |
| Low | ₹252.25 | ₹252.20 |
| High | ₹275.00 | ₹275.00 |
| Last Trade | ₹254.60 | ₹255.10 |
Lead Manager Reports
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 ₹411 Crores. The issue is priced at ₹252 per share. The minimum order quantity is 58.
The IPO opens on Tue, Aug 19, 2025, and closes on Thu, Aug 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 Tue, Aug 19, 2025 and closes on Thu, Aug 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 Mon, Aug 25, 2025. Check the Shreeji Shipping Global IPO allotment status.
The Shreeji Shipping Global IPO listing date is on Tue, Aug 26, 2025.
