Shreeji Shipping Global IPO: Price, Analysis, And GMP

Shreeji Shipping Global IPO - Company Analysis

Shreeji Shipping Global IPO, a Mainboard IPO, is a bookbuilding issue of Rs. 410.71 Cr (~1.63 crore Shares) by Shreeji Shipping Global Ltd., which was incorporated in 1995 and is a logistics and transportation company that specializes in dry-bulk cargo and was founded in.  Non-major ports and jetties are the main focus of Shreeji Shipping Global, particularly those on the west coast of India and Sri Lanka.

More than 20 ports and jetties, including Kandla, have been served by the company.

 

Offering of Services

• Lightering, stevedoring, and cargo management are examples of cargo handling services.

• For full logistics, transportation includes port-to-premise drop-off and vice versa.

• Providing ships and earthmoving equipment on a charter basis, as well as other essential loading and unloading equipment, is known as fleet chartering and equipment rentals.

• The selling of scrap and other operations are examples of other operating income.

Shreeji Shipping Global IPO Details

The Shreeji Shipping IPO open date is from Aug 19 to Aug 21, with IPO allotment on Aug 22, refund initiation on Aug 25, 2025.

The Rs. 410.71 Cr mainline IPO comprises a wholly fresh issue of 1.63 crore Shares.

The Shreeji Shipping Global IPO listing date might be on Tuesday, 26 August 2025, and it will be listed at the BSE and NSE. The Shreeji Shipping Global IPO price band is Rs. 240 to Rs. 252 for each Share.

Events	Date
IPO Opening Date	Aug 19, 2025
IPO Closing Date	Aug 21, 2025
IPO Allotment Date	Aug 22, 2025
Refund Initiation	Aug 25, 2025
IPO Listing Date (Tentative)	Aug 26, 2025

 

 

Industry Outlook

During FY 2024, Major and Non-Major Ports in India have handled a total Cargo of 1542.42 million tonnes (MT), registering a growth of 7.5% over FY2023

 

If you want to apply for the IPO, click to open a Demat Account.

Company Financial 

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Total Assets	758.58	610.65	600.92
Total Revenue	610.45	736.17	827.33
PAT	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

 

Cash Flows

The cash flows for various activities are shown below:

(Amount in millions)

Net Cash Flow In Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	1,387.89	1,585.58	1,527.01
Net Cash Flow Investing Activities	(214.80)	(376.41)	(413.44)
Net Cash Flow Financing Activities	(134.48)	(1,221.17)	(1,120.10)

 

Revenue Bifurcation 

Revenue from Operations-wise Revenue Breakdown

 

Geography-wise Revenue Breakdown

(Source RHP)

The Objective of The Issue

• Purchase of Dry Bulk Carriers in the secondary market's Supramax category. ~ Rs. 251.18 Cr

• Partial or complete prepayment or repayment of some existing loans obtained by the company. ~ Rs. 23 Cr.

• General corporate purposes.

Click to check the IPO application status.

Listed Peers of Shreeji Shipping Global Ltd.

No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.

 

Valuation

Metric	Value
ROE	42.91%
ROCE	28.09%
Debt/Equity	0.75
PAT Margin	23.24%
EBITDA	33.03%
Price to Book Value	10.76
RoNW	42.91%

 

 

Evaluation of P/E Ratio

Considering the period of FY 2025, with an EPS of Rs. 9.83 from the last year, the resulting P/E ratio is 25.63x. 

Explore the All Time Plastics IPO.

IPO's Strengths

• Leading provider of integrated logistics and shipping services in India.

• Enduring institutional client connections in important industries.

• Commenced dry bulk cargo handling operations.

• The ability of its own fleet to operate.

• A track record of financial performance growth.
  
  

IPO’s Weaknesses

• Lack of qualified personnel for port operations.

• Monsoons and climate change impact port operations and cause logistical disruptions.

• The Indian shipping industry is at risk from geopolitical tensions like the Red Sea issue.

• The cost of running a car is impacted by the increase in fuel costs.

• The biggest challenge to the Indian shipping and barging industries is port modernization and rising operating costs.

 

Shreeji Shipping Global IPO GMP 

Shreeji Shipping Global IPO GMP today is Rs. 9.5 as of 11 Aug 2025, while writing this information. Hence, the Shreeji Shipping Global IPO listing price (estimated) might be Rs. 261.5 (upper price + current GMP or grey market premium).

Shreeji Shipping Global Limited IPO Summary

IPO Opening & Closing Date	Aug 19, 2025 to Aug 21, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 240 to Rs. 252
Lot Size	58 Shares
Issue Size	1,62,98,000 Shares (Rs. 410.71 Cr)
Offer for Sale	-
Fresh Issue	1,62,98,000 Shares (Rs. 410.71 Cr)
Listing At	BSE, NSE
Issue Type	Book Built Issue IPO
Registrar	Bigshare Services Pvt Ltd.

 

 

Shreeji Shipping Global IPO Lot Size

The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (58 Shares) amounting to Rs. 14616 and 13 Lots (754 Shares) amounting to Rs. 190008, respectively, while for S-HNI investors, the minimum Lot is 14 (812 Shares) amounting to Rs. 204624.

Minimum Lot Investment (Retail)	1 Lot
Maximum Lot Investment (Retail)	13 Lots
SHNI (Minimum)	14 Lots
SHNI (Maximum)	68 Lots
BHNI (Minimum)	69 Lots

 

Shreeji Shipping Global IPO Reservation

Institutional Share Portion	50%
Retail Investors' Share Portion	35%
Non-Institutional Shares Portion	15%

 

Shreeji Shipping Global IPO Allotment Status

To check the Shreeji Shipping Global IPO allotment status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using Registrar’s Website - Bigshare IPO allotment status

Using BSE Website - ​BSE IPO allotment status

 

Promoters And Management of Shreeji Shipping Global Ltd.

• Ashokkumar Haridas Lal

• Jitendra Haridas Lal.

Pre-Issue Promoter Shareholding	100%
Post-Issue Promoter Shareholding	90%

 

Shreeji Shipping Global IPO Lead Managers

• Beeline Capital Advisors Pvt Ltd.

 

 

Dividend Policy

The company has not paid a dividend during the last three fiscal years.

Conclusion

With a robust fleet and established clientele, Shreeji Shipping Global IPO gives investors access to India's expanding dry-bulk cargo and coastal shipping industries. With robust FY25 earnings and development aspirations, the company looks to benefit from Sagarmala-driven logistics growth. There are still hazards, including industry cyclicality, fuel price volatility, and cargo concentration.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.