Shreeji Shipping Global IPO is scheduled to open on August 19, 2025, and close on August 21, 2025.
The basis of allotment will be finalized on August 22, 2025, refunds will be processed on August 25, 2025, and shares will be credited to Demat accounts on the same day. The IPO will list on BSE and NSE on August 26, 2025.
Shreeji Shipping Global is launching a Book Build Issue worth around ₹410.71 crore, entirely comprising a fresh issue of 1.63 crore equity shares with a face value of ₹10 each. The price band is set at ₹240 to ₹252 per share. The lot size is 58 shares, requiring a minimum investment of ₹13,920 for retail investors. For small HNIs (sNII), the minimum application is 14 lots (812 shares) amounting to ₹2,04,624, while for big HNIs (bNII), it is 69 lots (4,002 shares) amounting to ₹10,08,504. The quota allocation stands at 35% for retail investors, 50% for QIBs, and 15% for HNIs.
In FY2025, the company reported a revenue of ₹610.45 crore compared to ₹736.17 crore in FY2024, while profit rose to ₹141.24 crore from ₹124.51 crore. Given the consistent profitability and long-term growth potential, the IPO appears attractive for investors seeking sustained returns.
Overview of Contents
About Shreeji Shipping Global IPO
Shreeji Shipping Global Limited, established in 1995, is a well-known name in India’s shipping and logistics sector, especially for dry bulk cargo handling at ports and jetties in India and Sri Lanka. The company operates a strong fleet of over 80 vessels, including barges, mini bulk carriers, tugboats, and floating cranes, along with more than 370 machines like excavators, payloaders, tippers, trailers, and tankers. This wide asset base helps them handle cargo efficiently and quickly for their clients.
Shreeji offers end-to-end services such as cargo handling (lightering, stevedoring, cargo management), transportation from port to customer premises and back, as well as fleet chartering and equipment rentals. They also earn additional income from scrap sales and small activities. Every year, the company manages around 14 million metric tons of cargo, supported by its modern equipment, skilled team, and strong operational network.
The company operates mainly at non-major ports, with service experience at over 20 locations including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam. It caters to industries like Oil & Gas, Energy, FMCG, and Metals. With a workforce of over 1,173 permanent employees, Shreeji has built long-term relationships with key institutional clients, maintained steady growth in financial performance, and demonstrated strong operational capability with its own fleet and experienced management team.
Shreeji Shipping Global IPO Overview
| Particulars | Details |
|---|---|
| Face Value per Share | ₹10 |
| Price Band | ₹240 – ₹252 per share |
| Lot Size | 58 shares per lot |
| Total Issue Size | 1,62,98,000 shares (worth approx ₹410.71 crore) |
| Fresh Issue Size | Entirely fresh issue aggregating up to ₹410.71 crore |
| Issue Structure | Book-Building IPO |
| Retail Investor Quota | Up to 35% of the net offer |
| QIB Quota | Up to 50% of the net offer |
| NII (HNI) Quota | Up to 15% of the net offer |
| Pre-Issue Shareholding | 14,66,20,254 shares |
| Post-Issue Shareholding | 16,29,18,254 shares |
| Listing on Exchanges | BSE & NSE |
Shreeji Shipping Global IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Shreeji Shipping Global IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 58 | ₹14,616 |
| Retail Maximum | 13 | 754 | ₹1,90,008 |
| S-HNI Minimum | 14 | 812 | ₹2,04,624 |
| B-HNI Minimum | 68 | 4,002 | ₹10,08,504 |
Shreeji Shipping Global IPO Dates
| Event | Date & Day |
|---|---|
| IPO Opens | August 19, 2025 – Tuesday |
| IPO Closes | August 21, 2025 – Thursday |
| Basis of Allotment | August 22, 2025 – Friday |
| Refund Initiation | August 25, 2025 – Monday |
| Credit to Demat Accounts | August 25, 2025 – Monday |
| Listing Date | August 26, 2025 – Tuesday |
Shreeji Shipping Global IPO – Promoter Holding
The promoters of Shreeji Shipping Global Limited are Ashokkumar Haridas Lal and Jitendra Haridas Lal. Before the IPO, the promoters collectively held 100% of the company’s shares. After the public issue, their holding will reduce to 90%, while the remaining stake will be held by public shareholders.