Shreeji Shipping Global IPO is a book-built issue worth βΉ410.71 crore. The entire issue consists of a fresh issue of 1.63 crore equity shares aggregating to βΉ410.71 crore.
The IPO will open for subscription on August 19, 2025, and close on August 21, 2025. The allotment date is expected on August 22, 2025, while the tentative listing date on BSE and NSE is set for August 26, 2025.
The price band for the Shreeji Shipping Global IPO is fixed between βΉ240 and βΉ252 per share. The lot size for retail investors is 58 shares, requiring a minimum investment of βΉ13,920. For sNII investors, the lot size is 14 lots (812 shares) worth βΉ2,04,624, while for bNII investors, it is 69 lots (4,002 shares) amounting to βΉ10,08,504.
Shreeji Shipping Global IPO Details
| General | Detail |
|---|---|
| IPO Date | August 19, 2025 to August 21, 2025 |
| Listing Date | [.] |
| Face Value | βΉ10 per share |
| Issue Price Band | βΉ240 to βΉ252 per share |
| Lot Size | 58 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,62,98,000 shares (aggregating up to βΉ410.71 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 Date
The Shreeji Shipping Global IPO will open for subscription on August 19, 2025, and close on August 21, 2025.
| IPO Timeline | Dates |
|---|---|
| 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 August 21, 2025 |
Shreeji Shipping Global IPO Lot Size
Investors can place bids for a minimum of 58 shares and in multiples thereof. The table below outlines the minimum and maximum investment limits for Individual Retail Investors and High Net-worth Individuals (HNI), both in terms of number of shares and the corresponding investment amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 58 | βΉ14,616 |
| Retail (Max) | 13 | 754 | βΉ1,90,008 |
| S-HNI (Min) | 14 | 812 | βΉ2,04,624 |
| S-HNI (Max) | 68 | 3,944 | βΉ9,93,888 |
| B-HNI (Min) | 69 | 4,002 | βΉ10,08,504 |
Shreeji Shipping Global IPO Promoter Holding
The promoters of the company are Ashokkumar Haridas Lal and Jitendra Haridas Lal.
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 90% |
Note: The value will be calculated using the formula:
Equity Dilution = Shareholding (Pre-Issue) β Shareholding (Post-Issue).
Shreeji Shipping Global IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
About Shreeji Shipping Global IPO
Shreeji Shipping Global Ltd., originally founded as a partnership firm named M/s Shreeji Shipping on June 14, 1995, later became Shreeji Shipping Global Private Limited on April 11, 2024. It transitioned into a public limited company on November 18, 2024. The company has built a strong foundation in the shipping and logistics sector, adding strength to the Shreeji Shipping Global IPO.
Shreeji Shipping Global Ltd. specializes in dry-bulk cargo shipping and logistics, mainly through non-major ports and jetties along Indiaβs west coast and in Sri Lanka. It offers end-to-end logistics solutions including cargo handling, transportation, fleet chartering, equipment rentals, and ancillary operations like scrap disposal. This comprehensive service model supports the growth potential of the Shreeji Shipping Global IPO.
Read More
As of September 30, 2024, Shreeji Shipping Global Ltd. operates more than 75 vessels, including barges, mini-bulk carriers, tugboats, and floating cranes, along with over 380 earthmoving and cargo-handling machines. The company has operations across 20+ ports and jetties and serves sectors like Oil & Gas, Energy, FMCG, and Metals, boosting the operational reach of the Shreeji Shipping Global IPO.
In FY2025, Shreeji Shipping Global Ltd. recorded revenue of βΉ610.45 crore, with PAT rising to βΉ141.24 crore from βΉ124.51 crore in the previous year. The company maintains healthy margins with EBITDA margin at 33.03%, PAT margin at 23.24%, and ROCE at 28.09%. This solid financial performance strengthens investor confidence in the Shreeji Shipping Global IPO.
Company Products
- Cargo handling services: lightering, stevedoring, and cargo management
- Transportation services: port-to-premise logistics and reverse logistics
- Fleet chartering and equipment rental: vessels and handling machinery
- Other operational income: scrap sales and ancillary services
Company Strengths
- Large asset base: 75+ vessels and 380+ machines, supporting the Shreeji Shipping Global IPO
- Geographic presence in over 20 ports and jetties
- Integrated service model offering complete logistics solutions
- Strong client portfolio in Oil & Gas, FMCG, Metals, and more
- Consistent financial performance with robust profit margins
Company Financials
Shreeji Shipping Global IPO Financial Information
Shreeji Shipping Global Ltd. reported a 17% decline in revenue, while its profit after tax (PAT) grew by 13% between the financial years ending 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 βΉ Crore | |||
Key Performance Indicator (KPI)
The market capitalization of the Shreeji Shipping Global IPO stands at βΉ4,105.54 crore.
| 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 |
- Note:
- The Pre-IPO EPS is calculated using the pre-issue shareholding as stated in the RHP, along with the latest financial year earnings as of March 31, 2025. The Post-Issue EPS is computed based on the post-issue shareholding and the annualized FY 2025 earnings disclosed in the RHP.
Objects of the Issue
The company, Shreeji Shipping Global IPO, proposes to utilize the net proceeds from the issue for the following purposes:
| S.No. | Objects of the Issue | Expected Amount (βΉ 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 |
Shreeji Shipping Global Ltd. Contact Details
Shreeji Shipping Global Ltd. Contact Details
- 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/
Shreeji Shipping Global IPO Registrar
- Bigshare Services Pvt.Ltd.
- Phone: +91-22-6263 8200
- Email: ipo@bigshareonline.com
- Website: https://ipo.bigshareonline.com/IPO_Status.html
- Total issue size: βΉ410.71 crore
- Fresh issue: βΉ410.71 crore (1.63 crore shares)
- Offer for Sale (OFS): Not applicable
- Price band: βΉ240 to βΉ252 per share
- Lot size: 58 shares
- Minimum investment (Retail): βΉ13,920
- Minimum investment (sNII): βΉ2,04,624 for 14 lots (812 shares)
- Minimum investment (bNII): βΉ10,08,504 for 69 lots (4,002 shares)
- Allotment Date: August 22, 2025 (Tentative)
- Listing Date: August 26, 2025 (Tentative)
- Exchanges: BSE and NSE
- Revenue change (FY24 to FY25): Down 17%
- PAT growth (FY24 to FY25): Up 13%
- Market Capitalization post IPO: βΉ4,105.54 crore
- Ashokkumar Haridas Lal
- Jitendra Haridas Lal
- Specializes in dry-bulk cargo shipping and logistics
- Operates across 20+ ports and jetties in India and Sri Lanka
- Services include cargo handling, transportation, fleet chartering, and equipment rentals
- Caters to sectors like Oil & Gas, FMCG, Metals, and Energy
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