| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹410.71 Cr |
| Fresh Issue | ₹410.71 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน240.00-252.00 per share |
| BSE Code | 544490 |
| NSE Code | SHREEJISPG |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Elara Capital (India) Pvt.Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 58 shares and in multiples thereof
Incorporated in 1995, Shreeji Shipping Global Limited is a shipping and logistics company focusing on dry-bulk cargo. Shreeji Shipping Global primarily focuses on non-major ports and jetties, especially along the west coast of India and Sri Lanka.
The company has provided services at over 20 ports and jetties, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam.
The company's services include the following
As of March 31, 2025, the company operates a fleet that exceeds 80 vessels, which includes barges, mini bulk carriers (MBCs), tugboats, and floating cranes.
Furthermore, the company maintains a portfolio of more than 370 earthmoving machines, encompassing material handling equipment, excavators, payloaders, tippers (including trailers), tankers, and various other vehicles used to provide client services.
Under the cargo handling segment, the company offers STS (ship-to-ship) Lighterage, Stevedoring and other port services, including cargo management services. The company offers transportation for dry bulk cargo, including port-to-premise drop-off and vice versa.
The company serves customers in sectors like Oil and Gas, Energy, FMCG, and Metals.
As of March 31, 2025, the company employs over 1173 permanent employees.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Acquisition of Dry Bulk Carriers in Supramax category in the secondary marketAcquisition of Dry Bulk Carriers in Supramax category in the secondary market | 251.18 |
| 2 | Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | 23.00 |
| 3 | General Corporate Purposes | 95.36 |
| 4 | Issue Expenses | 41.17 |
| Total | 410.71 |
| Period Ended | 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 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 42.91% |
| ROCE | 28.09% |
| Debt / Equity | 0.75% |
| RoNW | 42.91% |
| PAT Margin | 23.24% |
| EBITDA Margin | 33.03% |
| Price to Book Value | 10.76 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 9.63 | 8.67 |
| P/E (x) | 26.16 | 29.07 |
| Promoter Holding | 100% | 90% |
| Market Cap | โน4105.54 Cr. | |