Shreeji Shipping Global IPO was subscribed overall 58.08 times on the last day, while the retail quota subscribed 21.92 times, QIB subscribed 110.41 times, and the NII quota subscribed 72.70 times, respectively.
Shreeji Shipping Global IPO Details
Shreeji Shipping Global got approval from SEBI for the IPO of ₹410.71 crores, which is an entirely fresh issue of ₹410.71 crores with a face value of ₹10 each share. It has a set price band of ₹240 to ₹252 Per Share.
Shreeji Shipping Global Funds Utilisations
- Acquisition of Dry Bulk Carriers in the Supramax category in the secondary market
- Pre-payment/ re-payment, in part or in full, of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Shreeji Shipping Global Shares Distributions
Moreover, the retail category had 58 shares in a 1-lot size with a minimum application and a maximum got 754 shares in 13-lot sizes.
- S-HNI got 812 shares in 14 lot sizes for a minimum.
- B-HNI received 4,002 shares in 68 lot sizes.
To participate in this IPO, each investor group has a tailored investment range
- Retail Minimum Application:- ₹14,616.
- Retail Maximum Application:-₹1,90,008.
- S-Hni (Minimum)Application:- ₹2,04,624.
- B-HNI application: ₹10,08,504.
Shreeji Shipping Global Subscription Duration
Started on August 19, 2025, and closed on August 21, 2025. The allotment was on August 22, 2025, and non-allottees got a refund on August 25, 2025. Shreeji Shipping Global’s IPO listing is today, August 26, 2025.
About Shreeji Shipping Global IPO
Shreeji Shipping Global was founded in 1995 and started to provide a complete shipping and logistics service for dry bulk cargo at ports and jetties across India and Sri Lanka. It operates a large fleet of over 80 vessels, such as barges, mini bulk carriers, tugboats, and floating cranes. The company also uses over 370 machines, such as excavators, loaders, tippers, trailers, and tankers, to serve customers quickly and efficiently.
The company offers a range of services, including cargo handling services, including lightening, stevedoring, and cargo management. Transportation includes moving goods from the port to the customer and back, providing complete logistics support. Other incomes come from selling scrap and doing various small activities.
Shreeji Shipping Global IPO Financial Background
In 2025, the company had a revenue of ₹610.45 crores, which is lower than ₹736.17 crores in 2024. However, the profit increased from ₹124.51 crores in 2024 to ₹141.24 crores in 2025.
