Shreeji Shipping Global IPO
Open MainLineCurrent GMP
₹34 (+13.49%)
Price Band
₹ 240 – 252
Lot Size
58
Issue Size
₹410.71 Cr
Minimum Investment
₹14616 (58 Shares)
Listing Date
26 August 2025
Subscription
58.1x
About the Company
Founded in 1995 and incorporated as a company in 2024, Shreeji Shipping Global Limited is a Jamnagar-based integrated shipping and logistics solutions provider specializing in dry bulk cargo. The company operates primarily at non-major ports and jetties, especially along India’s west coast and in Sri Lanka.
Fleet and Infrastructure (as of March 31, 2025):
- Fleet: 80+ vessels including barges, mini bulk carriers (MBCs), tugboats, and floating cranes.
- Equipment: 370+ earthmoving machines including excavators, payloaders, trailers, and tankers.
- Ports Served: Over 20 ports and jetties, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar (India), and Puttalam (Sri Lanka).
Services:
- Cargo Handling: STS (Ship-to-Ship) lighterage, stevedoring, and cargo management.
- Transportation: End-to-end logistics including port-to-premise and vice versa.
- Fleet Chartering & Equipment Rental: Chartering of vessels and machinery for cargo operations.
- Other Income: Sale of scrap and miscellaneous services.
Client Sectors:
- Oil & Gas
- Energy & Power
- FMCG
- Coal and Metals
Company Legacy & Leadership:
- Over 30 years of industry experience.
- Promoted by Ashokkumar Haridas Lal and Jitendra Haridas Lal, with a combined 60+ years of experience.
- Flagship company of the Shreeji Group.
Employees:
- Over 1,000 permanent employees (as of September 2024).
Competitive Strengths:
- Strong presence in non-major port logistics in India and Sri Lanka.
- End-to-end integrated service model.
- Long-standing relationships with institutional clients.
- Proprietary fleet and equipment ensure operational control and efficiency.
- Track record of consistent growth and profitability.
- Experienced leadership and committed team.
Promoters
- Ashokkumar Haridas Laland
- Jitendra Haridas Lal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
90.00%
Objects of the Issue
The Company Shreeji Shipping Global IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Acquisition of Dry Bulk Carriers in Supramax category in the secondary marke
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Address / Contact Info
Shreeji Shipping Global Limited
Shreeji House,
Town Hall Circle,
Kalavad, Jamnagar
Gujarat - 361001
Phone: +91 288 2553331
Email: info@shreejishipping.in
Website: https://shreejishipping.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 19 August 2025
IPO Close Date
Thursday, 21 August 2025
Basis of Allotment
Friday, 22 August 2025
Initiation of Refunds
Monday, 25 August 2025
Credit of Shares to Demat
Monday, 25 August 2025
Listing Date
Tuesday, 26 August 2025 — NSE & BSE
Important Dates
Open Date
19 August 2025
Close Date
21 August 2025
Basis Of Allotment
22 August 2025
Listing Date
26 August 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 758.58 | 610.65 | 600.92 |
| Revenue | 610.45 | 736.17 | 827.33 |
| Profit After Tax | 141.24 | 124.51 | 118.89 |
| Net Worth | 343.17 | 315.18 | 255.81 |
| Reserve & Surplus | 196.55 | 315.08 | 255.71 |
| Total Borrowings | 256.47 | 158.88 | 175.45 |
EPS Pre
9.63%
EPS Post
8.67%
P/E Pre
26.16
P/E (Post Issue)
29.07x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 42.91 | 43.61 | 58.17 |
| ROCE % | 28.09 | 35.33 | 38.05 |
| Debt / Equity | 0.75 | 0.5 | 0.69 |
| RoNW % | 42.91 | 43.61 | 58.17 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 23.24 | 17.03 | 14.38 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 3259600 | 28.57 | 0 |
| Non-Institutional | 2444700 | 21.43 | 0 |
| BNII | 1629800 | 14.29 | 0 |
| SNII | 814900 | 7.14 | 0 |
| Retail Investors | 5704300 | 50 | 0 |
| Total | 11408600 | 100 | 0 |
Subscription Status ( Thu, 21 Aug 25 01:51 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 3259600 | 359907922 | 110.41x |
| Non-Institutional | 2444700 | 177739434 | 72.7x |
| BNII | 1629800 | 118748504 | 72.86x |
| SNII | 814900 | 58990930 | 72.39x |
| Retail Investors | 5704300 | 125154024 | 21.94x |
| Total | 11408600 | 662801380 | 58.1x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 58 | 14,616.00 |
| Retail (Max) | 13 | 754 | 190,008.00 |
| S-HNI (Min) | 14 | 812 | 204,624.00 |
| S-HNI (Max) | 68 | 3,944 | 993,888.00 |
| B-HNI (Min) | 69 | 4,002 | 1,008,504.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
- Elara Capital (India) Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Shreeji Shipping Global IPO is a Book-building IPO worth ₹410.71 crores. The price band is ₹240 to 252 per share. The IPO opens on Tue, Aug 19, 2025 and closes on Thu, Aug 21, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Shreeji Shipping Global IPO opens on Tue, Aug 19, 2025 and closes on Thu, Aug 21, 2025
Shreeji Shipping Global IPO Price Band is ₹240 to 252.
Shreeji Shipping Global IPO lot size is 58, and the minimum amount required for application is ₹14616.
The minimum investment for Shreeji Shipping Global IPO is approximately ₹14616 based on the upper price band.
To apply for the Shreeji Shipping Global IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Aug 21, 2025. After submission, funds are blocked until the basis of allotment of Shreeji Shipping Global IPO is finalised.
Shreeji Shipping Global IPO issue size is ₹410.71 crores.
Shreeji Shipping Global IPO allotment date is Sat, Jun 27, 2026.
The registrar for Shreeji Shipping Global IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Shreeji Shipping Global IPO through their official website or helpline.
The Shreeji Shipping Global IPO GMP (Grey Market Premium) is ₹34 as of Tue, Aug 26, 2025. Based on the upper price band of ₹252 per share, the estimated Shreeji Shipping Global IPO listing price is ₹286, indicating a potential listing gain of approximately 31% over the issue price.