Allotment

Shreeji Shipping Global Limited launched a book-built IPO of ₹410.71 crore, comprising entirely a fresh issue of 1.63 crore shares. The IPO opened for subscription on August 19, 2025, and closed on August 21, 2025, with allotment finalized on August 22, 2025. The shares were subsequently listed on BSE and NSE on August 26, 2025.
The IPO was priced at ₹252 per share, with a lot size of 58 shares. Retail investors could apply for a minimum of 58 shares, requiring an investment of ₹14,616 at the upper price. Small high-net-worth investors (sNII) had a minimum application of 14 lots (812 shares), amounting to ₹2,04,624, while big HNIs (bNII) had a minimum of 69 lots (4,002 shares), requiring ₹10,08,504.
Beeline Capital Advisors Pvt. Ltd. acted as the book-running lead manager, and Bigshare Services Pvt. Ltd. served as the registrar. The IPO provided investors an opportunity to participate in the growth of a leading integrated shipping and logistics company in India, specializing in dry-bulk cargo handling and transportation.
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| IPO Date | 26 Aug |
| IPO Listing Date | 26 Aug |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹252.00 |
| IPO Issue Size | 1,62,98,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 14,66,20,254 shares |
| IPO Open Date | 19 Aug |
| IPO Close Date | 21 Aug |
| IPO Allotment (Tentative) | 22 Aug |
| Refunds | 25 Aug |
| Credit to Demat Account | 25 Aug |
| IPO Listing Date | 26 Aug |
| Category | Offer |
|---|---|
| QIB Shares Offered | 81,49,000 Shares |
| NII (HNI) Shares Offered | 24,44,700 Shares |
| Retail Shares Offered | 57,04,300 Shares |
Investors must bid for at least 58 shares, and any additional shares must be in multiples of 58.
| Application | Lots | Share | 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 |
Incorporated in 1995, Shreeji Shipping Global Limited is a leading shipping and logistics company specializing in dry-bulk cargo. The company primarily operates at non-major ports and jetties, with a strong presence along the west coast of India and in Sri Lanka, having served over 20 ports and jetties, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam.
The company provides a comprehensive range of services, including:
Cargo Handling: Lightering, stevedoring, and cargo management.
Transportation: Port-to-premise and premise-to-port dry bulk cargo logistics.
Fleet Chartering & Equipment Rentals: Provision of vessels, earthmoving machinery, and other handling equipment on a charter basis.
Other Operational Income: Sale of scrap and miscellaneous services.
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. It also maintains a fleet of 370+ earthmoving machines, including excavators, payloaders, tippers, tankers, and other material-handling equipment to support its operations. The company serves clients across Oil & Gas, Energy, FMCG, and Metals sectors, employing 1,173 permanent employees.
Competitive Strengths:
Leading integrated shipping and logistics service provider in India.
Long-term institutional relationships with customers across key sectors.
Established dry-bulk cargo handling operations with strong operational capabilities.
Own fleet and equipment ensure operational efficiency and reliability.
Proven track record of financial growth supported by an experienced management team and committed promoters.
| 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 |
| ROE | 42.91% |
| ROCE | 28.09% |
| Debt/Equity | 0.75 |
| RoNW | 42.91% |
| PAT Margin | 23.24% |
| EBITDA Margin | 33.03% |
| Price to Book Value | 10.76 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 95.36 |
| 4 | Offer for Sale (OFS) | - |
Shreeji Shipping Global Ltd. Address
Shreeji House,
Town Hall Circle,
Kalavad
Jamnagar, Gujarat, 361001
+91 288 2553331
info@shreejishipping.in
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com