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Shreeji Shipping Global IPO
Price Band
₹240.0–252.0
Issue Size
₹410.71 Cr
Lot Size
58 shares
Min Investment
₹14,616
GMP
+₹34.0 (13.49%)
Issue Price
₹252.0
Subject to Sauda
₹1500
Paid only if allotted
Shreeji Shipping Global IPO AI Summary
- Shreeji Shipping Global IPO is listed on BSE, NSE in the Shipping sector.
- Price band: ₹240.0–₹252.0 per share, lot size 58 shares (min. investment ₹14,616).
- Subscription window: 19 Aug–21 Aug 2025, listing on 26 Aug 2025.
- Current GMP is +₹34.0 (13.49%), an estimated listing price of ₹286 — unofficial and can change daily.
Shreeji Shipping Global Limited is a shipping and logistics company with a focus on dry-bulk cargo, operating primarily along the west coast of India and Sri Lanka. The company has shown positive growth in profitability but has experienced a decline in total income over the past few years. The IPO aims to raise funds for fleet expansion and debt repayment, with a price band of ₹240 to ₹252.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Shreeji Shipping Global IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 21 Aug 2025 — not a current signal.
2 of 2 reviewers say Neutral
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Shreeji Shipping Global IPO Grey Market Premium (GMP) Today
GMP
+₹34.0
GMP %
+13.49%
Est. Listing
₹286.0
Updated: 25 Jul 2026 14:13
About the 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. 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 Financials (₹ Cr)
As of 2025-03-31
| 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 |
Key Ratios
EPS
₹9.63
NAV
₹23.41
ROE
42.91%
ROCE
28.09%
RoNW
42.91%
P/B Value
10.76
P/E Ratio
26.16
Market Cap
₹4105.54 Cr
PAT Margin
23.24%
Debt/Equity
0.75
Promoters
Ashokkumar Haridas Laland Jitendra Haridas Lal
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Acquisition of Dry Bulk Carriers in Supramax category in the secondary marketAcquisition 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 95.36 4 Issue Expenses 41.17 Total 410.71
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹827.33 Cr in the year ending 31 Mar 2023, declining to ₹736.17 Cr by 31 Mar 2024, and further decreasing to ₹610.45 Cr by 31 Mar 2025. This indicates a downward trend in revenue over the reported periods.
Profit Trend
Profit After Tax was ₹118.89 Cr for the year ending 31 Mar 2023, increasing to ₹124.51 Cr by 31 Mar 2024, and further rising to ₹141.24 Cr by 31 Mar 2025. This shows a positive growth trend in profitability across the periods.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before its official listing. A positive GMP suggests that the IPO may list at a higher price than the issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It is essential to consider the company's financial performance and market conditions before making a decision.
Who May Want to Wait
Investors who prefer stable and established companies with consistent earnings may want to avoid this IPO, especially if they are not comfortable with the risks associated with the shipping and logistics sector.
IPO Timeline, Explained
The IPO opens for subscription on 19 August 2025 and closes on 21 August 2025. Allotment of shares will be done on 22 August 2025, and the shares are expected to be listed on the stock exchange on 26 August 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor might make when selling shares on the listing day. However, these gains are not guaranteed and can be affected by market conditions, investor sentiment, and the company's performance post-listing.
This evaluation is generated from Shreeji Shipping Global's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Shreeji Shipping Global IPO GMP today?
Shreeji Shipping Global IPO GMP today is +₹34.0 (13.49%), indicating an estimated listing price of ₹286. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Shreeji Shipping Global IPO?
The price band of Shreeji Shipping Global IPO is ₹240.0–₹252.0 per share.
When does Shreeji Shipping Global IPO open and close?
Shreeji Shipping Global IPO opens on 19 August 2025 and closes on 21 August 2025.
When does Shreeji Shipping Global IPO list on the stock exchange?
Shreeji Shipping Global IPO listed on 26 August 2025 at ₹286.0.
What is the lot size for Shreeji Shipping Global IPO?
The lot size for Shreeji Shipping Global IPO is 58 shares, requiring a minimum investment of ₹14,616.
What is the price band for the IPO?
The price band for the IPO is ₹240 to ₹252.
What is the minimum investment required?
The minimum investment required is ₹14,616, which corresponds to a lot size of 58 shares.
When does the IPO open and close?
The IPO opens on 19 August 2025 and closes on 21 August 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading.
When will the shares be listed?
The shares are expected to be listed on 26 August 2025.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
19 Aug 2025
Close
21 Aug 2025
Allotment
22 Aug 2025
Listing
26 Aug 2025
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