Shreeji Shipping Global Limited is a shipping and logistics company specializing in dry-bulk cargo movement, primarily across non-major ports and jetties on the west coast of India and Sri Lanka.
With operations across 20+ ports and jetties such as Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam, the company delivers integrated maritime logistics solutions for a wide range of industries including Oil & Gas, Energy, FMCG, and Metals.
🚢 Key Service Offerings:
- Cargo Handling: Includes lightering, stevedoring, and end-to-end cargo management.
- Transportation: Port-to-premise and reverse logistics for dry bulk cargo.
- Fleet Chartering & Rentals: Offers vessels and over 380+ earthmoving machines such as excavators, payloaders, tippers, and tankers.
- Other Operational Income: Includes scrap sales and miscellaneous services.
🚛 Asset Strength:
- Fleet: 75+ vessels, including barges, mini bulk carriers (MBCs), tugboats, and floating cranes.
- Equipment Base: 380+ earthmoving machines for port and cargo operations.
With a workforce of 1000+ permanent employees (as of Sept 2024), Shreeji Shipping Global continues to build its presence in the coastal logistics ecosystem by offering reliable, scalable, and asset-driven solutions.
Shreeji Shipping Global IPO – Details
| IPO Opening Date | 19 August 2025 |
| IPO Closing Date | 21 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,62,98,000 Shares Worth ₹[] Crore Fresh Issue: 1,62,98,000 Shares Worth ₹[] Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹[] – ₹[] per share |
| Market Lot | – |
| Min Order | – |
| Listing At | BSE, NSE |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Shreeji Shipping Global IPO – Date Schedule
| IPO Open Date | 19 August 2025 |
| IPO Close Date | 21 August 2025 |
| Basis of Allotment | 22 August 2025 |
| Initiation of Refund | 25 August 2025 |
| Credit of Shares to Demat Account | 25 August 2025 |
| IPO Listing Date | 26 August 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 21, 2025 |
Shreeji Shipping Global IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | – | – | ₹ |
| Retail (Max) | – | – | ₹ |
| S-HNI (Min) | – | – | ₹ |
| S-HNI (Max) | – | – | ₹ |
| B-HNI (Min) | – | – | ₹ |
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
- Ashokkumar Haridas Lal
- Jitendra Haridas Lal
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹827.33 Cr | ₹671.24 Cr | ₹118.89 Cr | ₹175.45 Cr |
| 31 March 2024 | ₹736.17 Cr | ₹569.28 Cr | ₹124.51 Cr | ₹158.88 Cr |
| 31 March 2025 | ₹610.45 Cr | ₹443.37 Cr | ₹141.24 Cr | ₹256.47 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 43.61% |
| ROCE | 35.33% |
| Debt/Equity | 0.50 |
| RoNW | 43.61% |
| PAT Margin | 17.03% |
| Pre IPO | Post IPO | |
| EPS (₹) | – | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Acquisition of Dry Bulk Carriers in the Supramax category in the secondary market. | ₹251.18 |
| Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company. | ₹23.00 |
| General corporate purposes. |
Shreeji Shipping Global IPO Peer Comparison
- There are no listed peer group companies in India or globally (outside India) that engage in a business similar to that of the Company. Accordingly, it is not possible to provide an industry comparison in relation to the Company.
✅Strengths
- Strong presence at non-major ports and jetties along the west coast of India and Sri Lanka.
- Operates a diversified fleet of 75+ vessels and 380+ earthmoving machines.
- Integrated logistics model with services from lightering to port-to-premise delivery.
- Established track record with services across 20+ ports and jetties.
- Wide customer base across sectors like Oil & Gas, FMCG, Energy, and Metals.
- Experienced management team and skilled workforce of over 1000 employees.
⚠️Risks
- Business is heavily dependent on a few large customers.
- Operates in a highly competitive and fragmented shipping/logistics industry.
- Any adverse changes in government policies or port regulations may impact operations.
- Seasonal and weather disruptions can significantly affect performance.
- Significant portion of revenues depends on contractual arrangements.
- Exposure to fluctuating fuel prices, freight rates, and foreign exchange.
Shreeji Shipping Global IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Shreeji Shipping Global IPO Prospectus
Company Contact Information
| Shreeji Shipping Global Ltd. Shreeji House, Town Hall Circle, Kalavad Jamnagar, Gujarat, 361001 Phone: +91 288 2553331 Email: info@shreejishipping.in Website: https://shreejishipping.in/ |
Shreeji Shipping Global IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Shreeji Shipping Global IPO Lead Manager(s)
| 1. Elara Capital (India) Private Limited 2. Beeline Capital Advisors Private Limited |
Shreeji Shipping Global IPO FAQs
| What is Shreeji Shipping Global IPO Shreeji Shipping Global IPO is a main-board IPO. The issue is priced at ₹[] to ₹[] per equity share. The IPO is to be listed on BSE & NSE. |
| When will Shreeji Shipping Global IPO open? The IPO is to open on 19 August 2025 for QIB, NII, and Retail Investors. |
| What is Shreeji Shipping Global IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Shreeji Shipping Global IPO? You can apply Shreeji Shipping Global IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Shreeji Shipping Global IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shreeji Shipping Global IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Shreeji Shipping Global IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shreeji Shipping Global IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Shreeji Shipping Global IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shreeji Shipping Global IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Shreeji Shipping Global IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Shreeji Shipping Global IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Shreeji Shipping Global IPO Size? Shreeji Shipping Global IPO size is ₹[] Crore. |
| What is the Shreeji Shipping Global IPO Price Band? Shreeji Shipping Global IPO Price Band is ₹[] to ₹[]. |
| What is Shreeji Shipping Global IPO Minimum and Maximum Lot Size for Retail? The minimum bid is [] Shares with ₹[] while the maximum bid is [] Shares with ₹[]. |
| What is the Shreeji Shipping Global IPO Allotment Date? Shreeji Shipping Global IPO allotment date is 22 August 2025. |
| What is the Shreeji Shipping Global IPO Listing Date? Shreeji Shipping Global IPO listing date is 26 August 2025. The IPO is to be listed on BSE and NSE. |
