Shreeji Shipping Global IPO
Shreeji Shipping Global IPO — date, price band, lot size & details 2025
Shreeji Shipping Global listed on 26 Aug 2025 at ₹270, 7.1% above the ₹252 issue price.
Shreeji Shipping Global provides shipping and logistics solutions for dry bulk cargo at ports and jetties in India and Sri Lanka. It had more than 80 vessels and 370 earthmoving equipment on 31 March 2025.
Stock price
Shreeji Shipping Global is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 10 November.
- Open 19 Aug 2025
- Close 21 Aug 2025
- Allotment 22 Aug 2025
- Refund/credit 25 Aug 2025
- Listing 26 Aug 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 19 to 21 Aug, 2025 |
|---|---|
| Price Band | ₹240 – ₹252 |
| Face Value | ₹10 |
| Lot Size | 58 Shares |
| Issue Size | ₹410.71 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 14,616 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 58 shares at the ₹252 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 58 | ₹14,616 |
| Retail (max) | 13 | 754 | ₹1,90,008 |
| S-HNI (min) | 14 | 812 | ₹2,04,624 |
| S-HNI (max) | 68 | 3,944 | ₹9,93,888 |
| B-HNI (min) | 69 | 4,002 | ₹10,08,504 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Profit after tax rose from Rs 118.89 crore in FY2023 to Rs 141.24 crore in FY2025.
- 02The PAT margin was 23.24% and the EBITDA margin was 33.03%.
- 03Return on equity was 42.91% and return on capital employed was 28.09%.
- 04The whole Rs 410.71 crore issue was fresh capital.
- 05The company had a fleet of more than 80 vessels on 31 March 2025.
Risks · 6
- 01Total income fell from Rs 827.33 crore in FY2023 to Rs 736.17 crore in FY2024 and Rs 610.45 crore in FY2025.
- 02Total borrowing rose from Rs 158.88 crore on 31 March 2024 to Rs 256.47 crore on 31 March 2025.
- 03The P/E was 29.07 at the upper band of Rs 252, based on post-issue EPS of Rs 8.67.
- 04Rs 251.18 crore of the proceeds was for buying second-hand vessels, which carry age and maintenance risk.
- 05Income depends on dry bulk cargo volumes at non-major ports, with work at over 20 ports and jetties.
- 06Promoters held 100% before the issue and still held 90% after it, so public float is small.
Three years of numbers
All figures in ₹ crore, as reported in the Shreeji Shipping Global offer document.
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 758.58 | 610.65 | 600.92 |
| Total Income | 610.45 | 736.17 | 827.33 |
| Profit After Tax | 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 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Shreeji Shipping Global RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Shreeji Shipping Global IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹9.63 | ₹8.67 |
| P/E Ratio (x) | 26.16 | 29.07 |
| Market Cap at Offer Price (₹ Cr) | ₹3,696.00 | ₹4,105.25 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹252 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹410.71 Cr of the issue is earmarked to named objects.
Shreeji Shipping Global IPO Anchor Investors
15 anchor investors across 14 fund houses committed ₹123.21 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
The company has worked at over 20 ports and jetties, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar and Puttalam.
On 31 March 2025 it had a fleet of more than 80 vessels, including barges, mini bulk carriers, tug boats and floating cranes, and more than 370 earthmoving equipment.
The IPO was a fresh issue of Rs 410.71 crore. Rs 251.18 crore was planned for buying dry bulk carriers in the Supramax category.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Shreeji Shipping Global IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Beeline Capital Advisors Pvt. Ltd.
8 issues handled (4 mainboard, 4 SME)Best listing: Kratikal Tech (+42.2%). Weakest: Modern Diagnostic & Research Centre (0.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Shreeji Shipping Global?
The current Grey Market Premium is ₹29, or 12% over the issue price.
What is the Shreeji Shipping Global IPO price band?
₹240 to ₹252, on a face value of ₹10.
When is the allotment?
The basis of allotment is 22 August 2025, with listing on 26 August 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
