SHREEJI SHIPPING GLOBAL LIMITED
Price Band
₹ 240 - ₹ 252
Bid Lot
58 Shares
Price Band
₹ 240 - ₹ 252
Minimum Investment
₹ 14616.00
Bid Lot
58 Shares
Shares
16,298,000
-
Face Value - Rs. 10/- Per Share
- Lisitng at NSE BSE
-
98,350 Application Required in Retail for 1 Time.
-
Registrar : Bigshare Services Pvt. Ltd
IPO Details
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
Timeline
-
19
Aug-2025
Open Date
-
21
Aug-2025
Close Date
-
22
Aug-2025
Basis of Allotment Date
-
25
Aug-2025
Initiation of Refunds
-
25
Aug-2025
Credit of Shares to Demat A/C
-
26
Aug-2025
IPO Listing Date
Subscription as on 21-Aug-2025 16:50
Category
Book Size
Subscription
QIB
110.41x
3,259,600
(₹82.14 Cr.)
359,907,922
(₹9069.68 Cr.)
HNI (<10 LAKH)
72.34x
814,900
(₹20.54 Cr.)
58,950,678
(₹1485.56 Cr.)
HNI2 (>10 LAKH)
72.86x
1,629,800
(₹41.07 Cr.)
118,748,504
(₹2992.46 Cr.)
RETAIL
21.81x
5,704,300
(₹143.75 Cr.)
124,422,644
(₹3135.45 Cr.)
Total
58.03x
11,408,600
662,029,748
Category
Book Size
Subscription
QIB
110.41x
3,259,600
(₹82.14 Cr.)
359,907,922
(₹9069.68 Cr.)
HNI (<10 LAKH)
72.34x
814,900
(₹20.54 Cr.)
58,950,678
(₹1485.56 Cr.)
HNI2 (>10 LAKH)
72.86x
1,629,800
(₹41.07 Cr.)
118,748,504
(₹2992.46 Cr.)
RETAIL
21.81x
5,704,300
(₹143.75 Cr.)
124,422,644
(₹3135.45 Cr.)
Total
58.03x
11,408,600
662,029,748
*Excluding Anchor
Total No. of Application Approx : ~1934610 (19.67 Appwise)
HNI Cost
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.
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
Apply for IPO in few simple steps.
-
Step 1
Once you create your account, Login to Easy Investing.
-
Step 2
Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
-
Step 3
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
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Step 4
Enter your UPI ID and you will receive mandate on your UPI App.
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Step 5
Once you accept the mandate, Application is submitted successful.
The Bidding Process
- Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, 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.
How to bid on App?
- Enter the number of shares you wish to buy, as per the lot size.
- You can apply at the cut off price set by the company or bid for a desired amount within the price band.
- Maximum three bids will be accepted.
- You then need to enter the UPI ID on Easy Investing’s IPO application form.
Investing using UPI
- 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.
- If the share aren’t allotted the blocked funds will reflect back into your account.
FAQs
Frequently Ask Question