shreeji shipping global limited

shreeji shipping global limited

SHREEJISPG • ISIN: INE1B6101010

BSE, NSE

Listing Price: ₹270

+7.14% Gain
About Company

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

Service Offering


Cargo handling services include lightering, stevedoring, and cargo management.
Transportation encompasses port-to-premise drop-off and vice versa for complete logistics.
Fleet chartering and equipment rentals involve providing vessels and earthmoving equipment on a charter basis, along with other necessary loading and unloading equipment.
Other operational income includes the sale of scrap and miscellaneous activities.


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:


Prominent player in integrated shipping and logistic service provider in India.
Long-term institutional customer relationships in key sectors.
Established cargo handling operations for Dry Bulk Cargo

Operational capabilities of its own fleet

Proven Track Record of Growth in Financial Performance.
Experienced Promoters and committed Management Team.

Investment Objective

Acquisition of Dry Bulk Carriers in Supramax category in the secondary market

Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company

General Corporate Purposes

₹240 to ₹252

Price Band

14.6K

Min Investment

58 shares

Lot Size

29.07x

P/E Ratio

Important Dates

Issue Opens

19 Aug 2025

Issue Closes

21 Aug 2025

Allotment

22 Aug 2025

Listing

26 Aug 2025

Subscription Status
QII

Qualified Institutional Investors

73.05x

238,099,686 / 3,259,600 shares

HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

41.87x

68,240,132 / 1,629,800 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

37.63x

30,668,718 / 814,900 shares

Retail

Retail Individual Investors

12.97x

73,963,108 / 5,704,300 shares

Financial Performance
Offer Documents
RHP
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DHRP
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Issue Details
Issue TypeBB
Face Value₹10
Lead Managers
Beeline Capital Advisors Pvt.Ltd.
Elara Capital (India) Pvt.Ltd.
Min Quantity58
Max Quantity1,984
Company Promoters
Ashokkumar Haridas Lal
Jitendra Haridas Lal
Website

https://shreejishipping.in/

Email

info@shreejishipping.in

Phone+91 288 2553331
Address

Shreeji Shipping Global Ltd.
Shreeji House,
Town Hall Circle,
Kalavad
Jamnagar, Gujarat, 361001