Shreeji Shipping Global IPO Details
The key details of Shreeji Shipping Global’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹410.71 Cr |
| Price Range | ₹240 - ₹252 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 58 |
| Investment (cut-off price) | ₹14,616 |
| Pre IPO Promotor Holding | 100% |
| Post IPO Promotor Holding | 90% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Shreeji Shipping Global IPO Timelines
The IPO process for Shreeji Shipping Global includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
19/08/2025
Start Date21/08/2025
End Date25/08/2025
Refund Initiation25/08/2025
Credit of Shares to Demat Ac26/08/2025
Listing DateShreeji Shipping Global IPO Lot Size
The Shreeji Shipping Global IPO has a fixed lot size of 58 shares, at an upper price band of ₹252 per share. For retail investors, the minimum application is 58 shares (1 lot) amounting to ₹14,616, while the maximum application is 754 shares (13 lots) amounting to ₹1,90,008. For S-HNI investors, the minimum application is 812 shares (14 lots) worth ₹2,04,624, while the maximum is 3,944 shares (68 lots) amounting to ₹9,93,888. B-HNI investors need to apply for at least 4,002 shares (69 lots), totaling ₹10,08,504.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 58 | ₹14,616 |
| Retail Maximum | 13 | 754 | ₹1,90,008 |
| S-HNI Minimum | 14 | 812 | ₹2,04,624 |
| S-HNI Maximum | 68 | 3944 | ₹9,93,888 |
| B-HNI Minimum | 69 | 4002 | ₹10,08,504 |
Shreeji Shipping Global IPO Subscription Status
The subscription status for Shreeji Shipping Global IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 110.41x | 72.70x | 21.92x | -- | 58.08x |
IPO Performance on Listing Day
On the listing day (August 26, 2025), Shreeji Shipping Global made a positive debut on the stock exchange. The stock opened at ₹270, commanding a premium of 7.1% over its issue price of ₹252. The shipping company extended its gains during early trading, touching a day high of ₹275, before facing selling pressure that pulled the stock down to near the issue price level at ₹252.20. The shares concluded their first trading day at ₹255.10, delivering a modest gain of 1.2% over the issue price, reflecting cautious investor sentiment toward the shipping sector despite the initial positive response to this logistics services provider.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹270.00 | ₹255.10 | ₹275.00 | ₹252.20 |
Shreeji Shipping Global IPO Company Financials
Shreeji Shipping Global reports robust performance in FY2025 with Total Income of ₹610.45 crores, managing expenses at ₹443.37 crores, and achieving a strong PAT (Profit After Tax) of ₹141.24 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹827.33 | ₹671.24 | ₹118.89 |
| FY 2024 | ₹736.17 | ₹569.28 | ₹124.51 |
| FY 2025 | ₹610.45 | ₹443.37 | ₹141.24 |
About Company
Incorporated in 1995, Shreeji Shipping Global Limited is a logistics and shipping company specializing in dry-bulk cargo, with a focus on non-major ports and jetties primarily along India’s west coast and in Sri Lanka. The company operates across more than 20 ports, including Kandla, Navlakhi, and Puttalam, offering comprehensive cargo handling services such as lightering, stevedoring, and cargo management. It also provides transportation services for dry bulk cargo, ensuring port-to-premise delivery and vice versa, along with fleet chartering and equipment rentals that include vessels, earthmoving machinery, and loading/unloading equipment.
As of March 31, 2025, Shreeji Shipping Global operates a fleet of over 80 vessels, including barges, mini bulk carriers (MBCs), tugboats, and floating cranes. Additionally, the company manages a portfolio of more than 370 earthmoving machines, supporting its logistics operations. With a client base spanning sectors such as Oil and Gas, Energy, FMCG, and Metals, the company also generates operational income from scrap sales and other miscellaneous services. It employs over 1,173 permanent staff, enabling the execution of its wide-ranging logistics and port service offerings.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1995 | Logistics | Jitendra Haridas Lal |
Know Before Investing
Shreeji Shipping Global IPO Strengths
- As of March 31, 2025, Shreeji Shipping Global owns over 80 vessels and 370+ earthmoving equipment, enabling efficient dry bulk cargo operations across India and Sri Lanka.
- Shreeji offers a wide range of services including ship-to-ship lightering (STS), stevedoring, cargo management, and transportation, covering the entire logistics chain.
- Its operations cover more than 20 ports and jetties including major and non-major ports along the west coast of India and the overseas port of Puttalam in Sri Lanka.
- The company maintains its own fleet of barges, mini bulk carriers, tugboats, floating cranes, and earthmoving machinery with a dedicated team of technical staff, ensuring operational reliability.
- It caters to reputed clients across sectors such as oil and gas, energy and power, FMCG, coal, and metal industries, maintaining stable business-to-business operations.
- The company handles multiple dry bulk commodities such as coal, clinker, salt, iron ore, pet coke, sulphur, and limestone, reducing sector-specific dependency risks.
Shreeji Shipping Global IPO Risks
- The company’s operations demand substantial working capital, which may affect cash flow management and liquidity if not handled efficiently.
- Presence of unsecured loans poses a risk of cross-default, potentially affecting financial stability and increasing the cost of borrowings.
- Modernization or operational changes at ports and jetties where the company operates could disrupt business activities or increase operating costs.
- The company may have limited insurance protection against major operational disruptions or accidents, exposing it to financial losses.
- Operations in India and Sri Lanka expose the company to currency risks, where exchange rate volatility can impact revenues and profitability.
- Dependence on a limited number of major clients may pose risks if any significant client relationship is lost or contracts are not renewed.
- Shipping and logistics services are exposed to macroeconomic cycles; downturns or slowdowns in key industries served could reduce demand.
Swot Analysis for Shreeji Shipping Global IPO
Strengths
Integrated Logistics and Shipping Expertise, Large Modern Fleet and Asset Base, Decades of Operational Experience
Weaknesses
Moderate Customer Concentration, Regional Asset Concentration, Equipment and Fleet Maintenance Costs
Opportunities
Growth in Indian Logistics and Inland Shipping, Expansion into New Commodities and Ports, Strategic Partnerships and Alliances
Threats
Cargo Volume and Sector Cyclicality, Regulatory and Environmental Risks, Port Infrastructure or Policy Constraints
Company Details
Shreeji Shipping Global Ltd.
Shreeji House, Town Hall Circle, Kalavad, Jamnagar – 361001, Gujarat, India
Phone: +91 288 2553331
Email: info@shreejishipping.in
Website: https://shreejishipping.in/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Shreeji Shipping Global IPO are:
- Acquisition of Dry Bulk Carriers in Supramax category in the secondary market
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Beeline Capital Advisors Pvt Ltd , Elara Capital (India) Private Limited are the book-running lead managers for the Shreeji Shipping Global IPO.
Shreeji Shipping Global operates a strong fleet of over 75 vessels and plans to expand with Supramax carriers. With FY25 revenue of ₹827 crore and PAT of ₹118.89 crore, the company shows solid scale and efficiency. Future growth depends on global trade trends and asset execution.
The issue price for the Shreeji Shipping Global IPO is set between ₹240 to ₹252 per share.
To invest in one lot of Shreeji Shipping Global IPO, you need ₹13,920 at the lower price band (₹240 per share) or ₹14,616 at the upper price band (₹252 per share) for a lot size of 58 shares.
Shreeji Shipping Global IPO shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on August 26, 2025.
Refund/unblocking of funds for Shreeji Shipping Global IPO will begin on August 25, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Shreeji Shipping Global IPO shares on listing day (August 26, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.