Shreeji Shipping Global IPO
GMP, Subscription, Price, Dates & Financial Details
Shipping
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…
Open Date
Tue, 19 Aug 2025
Close Date
Thu, 21 Aug 2025
Price Band
₹ 240 – 252
Lot Size
58
Issue Size
₹ 410.71 Cr
Minimum Investment
₹ 14,616 (58 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Shreeji Shipping Global IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹410.71 Crore, comprising a fresh issue of 1.63 Crore equity shares aggregating to ₹410.71 Crore.
The Shreeji Shipping Global IPO remained open for subscription from August 19, 2025, to August 21, 2025. The basis of allotment was finalized on August 22, 2025, and the company's shares were listed on the NSE and BSE on August 26, 2025.
The company had fixed the price band at ₹240 to ₹252 per share, with a lot size of 58 shares. Retail investors were required to make a minimum investment of ₹14,616 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd, and Elara Capital (India) Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Shreeji Shipping Global Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Shreeji Shipping Global IPO Timeline (Tentative)
- IPO Open Date
- Tue, 19 Aug 25
- IPO Close Date
- Thu, 21 Aug 25
- Basis of Allotment
- Fri, 22 Aug 25
- Initiation of Refunds
- Mon, 25 Aug 25
- Credit of Shares to Demat
- Mon, 25 Aug 25
- Listing Date
- Tue, 26 Aug 25 — NSE & BSE
Open Date
19 August 2025
Close Date
21 August 2025
Basis Of Allotment
22 August 2025
Listing Date
26 August 2025
IPO Subscription
Check Live Subscription →The Shreeji Shipping Global IPO has received bids for 66,28,01,380 shares against 1,14,08,600 shares offered, resulting in an overall subscription of 58.1x. the NII category is subscribed 72.7x, Retail Investors 21.94x, and QIBs 110.41x. Within the NII category, BNII is subscribed 72.86x, while SNII is subscribed 72.39x.
QIB
110.41x
NII
72.7x
BNII
72.86x
SNII
72.39x
RII
21.94x
Total
58.1x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 57,04,300 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 32,59,600 shares (28.57%), while Non-Institutional Investors (NIIs) receive 24,44,700 shares (21.43%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 3,259,600 | 28.57% |
| Non-Institutional | 2,444,700 | 21.43% |
| BNII | 1,629,800 | 14.29% |
| SNII | 814,900 | 7.14% |
| Retail Investors | 5,704,300 | 50% |
| Total | 11,408,600 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Shreeji Shipping Global Limited KPI Information
| 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 |
| Pat Margin % | 23.24 | 17.03 | 14.38 |
Peers Comparison
No Peer Comparision Available
About Shreeji Shipping Global Limited
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.
Shreeji Shipping Global IPO Promoters
- Ashokkumar Haridas Laland
- Jitendra Haridas Lal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
90.00%
Shreeji Shipping Global IPO Objective
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
Shreeji Shipping Global Limited Address / Contact Details
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
Shreeji Shipping Global IPO Lot Size
The Shreeji Shipping Global IPO has a lot size of 58 shares. Retail investors require a minimum investment of ₹14,616 by applying for 1 lot (58 shares). The maximum application allowed for the retail category is 13 lots (754 shares), requiring an investment of ₹1,90,008.
| 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 |
Issue Reservation
- QIB — 28.57%
- NII — 21.43%
- RII — 50%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
- Elara Capital (India) Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Shreeji Shipping Global IPO?
Shreeji Shipping Global IPO is a Book-building IPO with a total issue size of ₹410.71 crore. The Shreeji Shipping Global IPO price band is ₹240 to 252 per share. The Shreeji Shipping Global IPO subscription opens on Tue, Aug 19, 2025, and closes on Thu, Aug 21, 2025. The Shreeji Shipping Global IPO will be listed on the NSE,BSE. Bigshare Services Pvt Ltd is the registrar for the Shreeji Shipping Global IPO.
When will the Shreeji Shipping Global IPO open for subscription?
The Shreeji Shipping Global IPO opens on Tue, Aug 19, 2025 and closes on Thu, Aug 21, 2025
What is Shreeji Shipping Global IPO Price Band?
Shreeji Shipping Global IPO Price Band is ₹240 to 252 per share.
What is Shreeji Shipping Global IPO Lot Size?
Shreeji Shipping Global IPO lot size is 58 shares, Retail investors need a minimum investment of ₹14616 based on the upper price band
What is the minimum investment for Shreeji Shipping Global IPO?
The minimum investment for Shreeji Shipping Global IPO is ₹14616, based on one lot of 58 shares at the upper price band of ₹252 per share.
How to apply for Shreeji Shipping Global IPO?
Investors can apply for the Shreeji Shipping Global IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 21, 2025. The application amount remains blocked until the Shreeji Shipping Global IPO allotment is finalized.
What is Shreeji Shipping Global IPO Issue Size?
Shreeji Shipping Global IPO issue size is ₹410.71 crores.
What is the Shreeji Shipping Global IPO Allotment Date?
Shreeji Shipping Global IPO allotment date is Fri, Aug 22, 2025.
Who is the Shreeji Shipping Global IPO Registrar?
The registrar for Shreeji Shipping Global IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Shreeji Shipping Global IPO allotment status, refund processing, and other IPO-related information.
What is the Shreeji Shipping Global IPO GMP?
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 13.49% over the issue price.
Who is the Shreeji Shipping Global IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shreeji Shipping Global IPO are Beeline Capital Advisors Pvt Ltd, and Elara Capital (India) Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Shreeji Shipping Global IPO Red Herring Prospectus (RHP).