SHREEJI SHIPPING GLOBAL IPO
Key IPO Details at a Glance
| IPO Period | 19th – 21st Aug 2025 |
|---|---|
| Listing on | 26 Aug 2025 |
| Price Band | ₹240 – ₹252 |
| Lot Size & Minimum Investment | 58 shares & ₹14616 |
| Total Issue Size | ₹410.71 crores |
Important Dates for Investors
- Opening Date: 19 Aug 2025
- Closing Date: 21 Aug 2025
- UPI Payment Deadline: 21 Aug 2025 (5 PM)
- Allotment Announcement: 22 Aug 2025
- Refund Processing: 25 Aug 2025
- Demat Credit: 25 Aug 2025
- Stock Market Listing: 26 Aug 2025
- Mandate Validity End: 05 Sep 2025
- Anchor Investor Lock-in Release (50%): 21 Sep 2025
- Anchor Investor Lock-in Release (Remaining): 20 Nov 2025
*Dates may be revised as per official updates.
Exploring SHREEJI SHIPPING GLOBAL
Founded by the visionaries Ashok Kumar Haridas Lal and Jitendra Haridas Lal, SHREEJI SHIPPING GLOBAL has firmly established itself as a pivotal entity in the integrated shipping and logistics sector. With a robust operational presence, the company commands a substantial fleet comprising over 75 vessels and 380 pieces of earthmoving equipment. This extensive asset base enables SHREEJI SHIPPING GLOBAL to deliver highly dependable and efficient services, with a primary focus on non-major ports strategically located along the West Coast of India and within Sri Lanka.
The company’s commitment to excellence is underpinned by a dedicated team of seasoned professionals, ensuring that it adeptly addresses the diverse logistical requirements of its varied clientele. SHREEJI SHIPPING GLOBAL serves a broad spectrum of industries, including the critical sectors of Oil and Gas, Energy and Power, and Fast-Moving Consumer Goods. Its integrated approach to shipping and logistics positions it as a reliable partner in facilitating crucial trade and supply chain movements across its operational geographies.
IPO Issue Structure and Size
The SHREEJI SHIPPING GLOBAL IPO is structured to raise capital for strategic growth initiatives. The total funds projected to be raised through this public offering amount to ₹410.71 crores. This entire issue constitutes a fresh issuance of shares, meaning that all proceeds will directly flow into the company’s coffers for its planned objectives, without any offer-for-sale component from existing shareholders. This structure signifies the company’s intent to utilize the funds for its expansion and operational requirements.
| Total Funds Raised | ₹410.71 crores |
|---|---|
| Fresh Issue Component | ₹410.71 crores |
| Offer for Sale Component | ₹0 |
Deployment of IPO Proceeds
SHREEJI SHIPPING GLOBAL intends to strategically deploy the capital raised from this IPO to fuel its growth and strengthen its operational capabilities. A significant portion of the funds has been earmarked for expanding the company’s maritime assets, enhancing its financial flexibility, and addressing general corporate needs that arise in the course of business operations.
| Objective | Amount (INR Crores) | Allocation % |
|---|---|---|
| Acquisition of Dry Bulk Carriers in Supramax category in the secondary market | 251.18 | 61.15% |
| Pre-payment/ re-payment, in part or full, of certain outstanding borrowings | 23.00 | 5.60% |
| General corporate purposes | 136.53 | 33.24% |
Distinctive Advantages of SHREEJI SHIPPING GLOBAL
SHREEJI SHIPPING GLOBAL possesses several compelling strengths that underpin its market position and operational efficacy:
- Extensive Industry Expertise: The company benefits from over two and a half decades of rich experience within the integrated shipping and logistics industry, providing it with deep insights and established operational methodologies.
- Robust Asset Base: A substantial fleet of 75 vessels and 380 earthmoving equipment forms a critical asset, enabling the company to offer comprehensive and versatile logistics solutions.
- Strategic Operational Focus: Operations are strategically concentrated on key coastal regions of India and Sri Lanka, allowing for specialized service delivery and market penetration.
- Strong Customer Relationships: A significant portion of the company’s revenue is derived from long-standing existing customers, underscoring strong client relationships and reliable business continuity.
- Experienced Promoters: The promoters collectively bring over 55 years of invaluable industry expertise, guiding the company with profound knowledge and strategic foresight.
Understanding the Potential Risks
Prospective investors should be aware of certain inherent risks associated with SHREEJI SHIPPING GLOBAL’s operations:
- Working Capital Management: The nature of the shipping and logistics business necessitates significant working capital, and challenges in managing these needs could impact cash flow.
- Unsecured Borrowings: The presence of unsecured borrowings may expose the company to potential cross-default risks if repayment terms are not met.
- Port Modernization Impacts: Ongoing modernization and technological advancements at ports and jetties could require significant operational adjustments or investments, potentially affecting existing operations.
- Limited Insurance Coverage: Insufficient or limited insurance coverage might not adequately protect the company against all major disruptions, leading to potential financial losses.
- Exchange Rate Fluctuations: Given potential international operations or dealings, adverse fluctuations in exchange rates could impact overseas revenue and expenses, affecting profitability.
Real-Time IPO Subscription Status
Monitoring the subscription status provides insights into investor interest across various categories. The latest available subscription statistics for SHREEJI SHIPPING GLOBAL IPO are as follows:
| Investor Category | Shares Reserved (Lakhs) | Shares Applied (Lakhs) | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 32.59 | 78.72 | 2.42 |
| Non-Institutional Investors (NII) | 24.44 | 274.36 | 11.22 |
| Retail Individual Investors (RII) | 57.04 | 398.96 | 6.99 |
| Total | 114.08 | 752.05 | 6.59 |
*GMP figures are unofficial and may vary; exchange data is more reliable.
Participating in the IPO
Investors interested in subscribing to the SHREEJI SHIPPING GLOBAL IPO can seamlessly participate through the official Dhan Kirti IPO platform. Ensure your application is submitted well before the subscription window closes to be considered for allotment.
