Shreeji Shipping Global Limited IPO
Shreeji Shipping Global Limited IPO
Price Band
₹240 - ₹252
Total Issue
₹410.71 Cr
Bid Dates
19 Aug - 21 Aug
Subscription
58.10x
Est. GMP
₹38 (15.08%)
Tentative Timetable
Business Overview
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 58 | ₹14,616 |
| Retail (Max) | 13 | 754 | ₹1,90,008 |
| S-HNI (Min) | 14 | 812 | ₹2,04,624 |
| S-HNI (Max) | 68 | 3,944 | ₹9,93,888 |
| B-HNI (Min) | 69 | 4,002 | ₹10,08,504 |
Category Reservation
Issue Size
Objects of Issue
- 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
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 22 Aug | ₹38 (15.1%) | ₹290 |
| 21 Aug | ₹35 (13.9%) | ₹287 |
| 20 Aug | ₹35 (13.9%) | ₹287 |
| 19 Aug | ₹30 (11.9%) | ₹282 |
| 18 Aug | ₹30 (11.9%) | ₹282 |
| 14 Aug | ₹30 (11.9%) | ₹282 |
| 13 Aug | ₹28 (11.1%) | ₹280 |
| 12 Aug | ₹29 (11.5%) | ₹281 |
| 11 Aug | ₹9 (3.6%) | ₹261 |
Shreeji Shipping IPO Peer Comparison
There are no listed peer group companies that engage in a business similar to that of the Company
Financial Performance
(Rs. in crores)
| 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 |
KPIs
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.
Shareholding
Promoter
100.00%
Public
0.00%
Management
Subscription Status
Updated as on 21-Aug-2025 19:00:00
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 110.41 | 32,59,600 | 35,99,07,922 |
| NII | 72.70 | 24,44,700 | 17,77,39,434 |
| bHNI | 72.86 | 16,29,800 | 11,87,48,504 |
| sHNI | 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 |
Frequently Asked Questions
What is Shreeji Shipping IPO?
When will Shreeji Shipping IPO open?
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What is the lot size of Shreeji Shipping IPO?
When is the allotment of Shreeji Shipping IPO?
What is the listing date of Shreeji Shipping IPO?
What is the subscription of Shreeji Shipping IPO?
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How to check allotment status of Shreeji Shipping IPO?
How to apply Shreeji Shipping IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Shreeji Shipping IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Shreeji Shipping IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Shreeji Shipping IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date