Shreeji Shipping Global Limited IPO
Shreeji Shipping provides shipping and logistics solutions for dry bulk cargo across various ports and jetties in India and Sri Lanka. As of March 31, 2025, it operates a fleet of over 80 vessels, including barges, mini bulk carriers, tug boats, and floating cranes, along with more than 370 earthmoving and material handling equipment. With a legacy of over three decades in the industry, it has extensive experience in cargo handling, transportation, fleet chartering, equipment rentals, and related services. Its offerings include STS lighterage, stevedoring, cargo management, and transportation services within the dry bulk logistics supply chain.
Price Band₹240 - ₹252 |
Dates19 Aug - 21 Aug |
GMP₹38 (15.08%) |
Subscriptions58.10 times |
Issue Size₹410.71 Crs |
Shreeji Shipping IPO Objects
- Acquisition of Dry Bulk Carriers in Supramax category in the secondary market; (“Acquisition of Vessels”)
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company
- General Corporate Purposes
Shreeji Shipping IPO Details
Price Band₹240 - ₹252 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹410.71 Cr (1.63 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹410.71 Cr (1.63 Cr Shares) |
Face Value₹10 per equity share |
Shreeji Shipping IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
58
14,616
Maximum
13
754
1,90,008
|
|||
| Small HNI |
Minimum
14
812
2,04,624
Maximum
68
3,944
9,93,888
|
|||
| Big HNI |
Minimum
69
4,002
10,08,504
|
|||
Shreeji Shipping IPO Subscription
Updated as on 21-Aug-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 110.41 | 32,59,600 | 35,99,07,922 |
| NII | 72.70 | 24,44,700 | 17,77,39,434 |
| bNII (bids above ₹10L) | 72.86 | 16,29,800 | 11,87,48,504 |
| sNII (bids between ₹2L to ₹10L) | 72.39 | 8,14,900 | 5,89,90,930 |
| Retail | 21.94 | 57,04,300 | 12,51,54,024 |
| Total | 58.10 | 1,14,08,600 | 66,28,01,380 |
Shreeji Shipping IPO GMP
The estimated Grey Market Premium of Shreeji Shipping IPO is ₹38 per share (15.08%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Shreeji Shipping IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 607.61 | 731.00 | 827.00 |
| Profit after Tax | 141.24 | 124.51 | 118.89 |
| Net Worth | 343.17 | 315.18 | 255.81 |
| Total Borrowing | 256.47 | 158.88 | 175.45 |
| Total Assets | 758.58 | 610.65 | 600.92 |
| NAV per share (in ₹) | 23.41 | 21.50 | 17.45 |
| EPS - Basic (in ₹) | 9.83 | 8.89 | 8.49 |
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 33.03% |
| PAT | 23.24% |
| ROE | 42.91% |
| ROCE | 28.09% |
| Debt to Equity | 0.75 |
| PE Ratio | 25.64 |
| PB Ratio | 10.76 |
| Mkt Cap (in Crs.) | 4,105.54 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shreeji Shipping IPO Peer Comparision
There are no listed peer group companies that engage in a business similar to that of the Company
Shreeji Shipping IPO Peer Comparision
There are no listed peer group companies that engage in a business similar to that of the Company
Promoter Details
| Name | Shareholding |
|---|---|
| Ashokkumar Lal | 46.50% |
| Jitendra Lal | 46.50% |
| Others | 7.00% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Ashokkumar Lal | Chairman & MD |
| Harshida Bhanushali | CFO |
Company Details
Name: Shreeji Shipping Global Limited
Book Running Lead Managers (BRLMs)
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Shreeji Shipping IPO is a Mainboard IPO having an issue size of Rs. ₹410.71 Crs. Shreeji Shipping IPO is priced at ₹240 - ₹252 per share. The issue opens on 19 Aug 25 and closes on 21 Aug 25.
Shreeji Shipping IPO opens on 19 Aug 25 and closes on 21 Aug 25.
The estimated Grey Market Premium of Shreeji Shipping IPO is ₹38 per share (15.08%).
The minimum lot size of Shreeji Shipping IPO is 58 shares & the minimum application amount is Rs. 14616.
The allotment date of Shreeji Shipping IPO is 22 Aug 25.
The listing date of Shreeji Shipping IPO is 26 Aug 25.
Shreeji Shipping IPO is subscribed 58.10 times.
Shreeji Shipping IPO is priced at ₹240 - ₹252 per share.
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