SHREEJI SHIPPING GLOBAL LIMITED
₹ 240 - ₹ 252
19-Aug-2025 - 21-Aug-2025
₹ 14616.00

/ 58 Shares

SHREEJI SHIPPING GLOBAL LIMITED

19-Aug-2025 - 21-Aug-2025

₹ 240 - ₹ 252

Price Band

₹ 14616.00

Minimum Investment

58

Bid Lot

16,298,000

Shares
  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 98,350 Application Required in Retail for 1 Time.

  • Registrar : Bigshare Services Pvt. Ltd

IPO Details

Category % Shares/Amount
QIB 50% 8,149,000 Shares RS.205.35 CR
HNI 1 5% 814,900 Shares RS.20.54 CR @ 1004 FORM 1X
HNI 2 10% 1,629,800 Shares RS.39.12 CR @ 2007 FORM 1X
Retail 35% 5,704,300 Shares RS.143.75 CR @ 98350 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
98350 FORM 1X 1004 FORM 1X 2007 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 58 ₹ 14,616
Retail (Upto 2 Lakh) 13 754 ₹ 190,008
S-HNI (2 Lakh to 10 Lakh) 14 812 ₹ 204,624
S-HNI (2 Lakh to 10 Lakh) 68 3944 ₹ 993,888
B-HNI (Above 10 Lakh) 69 4002 ₹ 1,008,504

IPO Timeline

  • Open Date

    19-Aug-2025
  • Close Date

    21-Aug-2025
  • Basis of Allotment Date

    22-Aug-2025
  • Initiation of Refunds

    25-Aug-2025
  • Credit Shares to Demat A/c

    25-Aug-2025
  • IPO Listing Date

    26-Aug-2025

About Company

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

Service Offering

  • Cargo handling services include lightering, stevedoring, and cargo management.
  • Transportation encompasses port-to-premise drop-off and vice versa for complete logistics.
  • Fleet chartering and equipment rentals involve providing vessels and earthmoving equipment on a charter basis, along with other necessary loading and unloading equipment.
  • Other operational income includes the sale of scrap and miscellaneous activities.

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.

Read More

Strengths

Competitive Strength:

  • Prominent player in integrated shipping and logistic service provider in India.
  • Long-term institutional customer relationships in key sectors.
  • Established cargo handling operations for Dry Bulk Cargo
  • Operational capabilities of its own fleet

  • Proven Track Record of Growth in Financial Performance.
  • Experienced Promoters and committed Management Team.

Company Promoters

Company Financials

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

Objects of the Issue

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

How to Apply

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  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
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  • Maximum three bids will be accepted.
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  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
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