Shreeji Shipping Global Limited is launching an IPO of 1,62,98,000 equity shares with a face value of ₹10 each, comprising a fresh issue of 1,62,98,000 equity shares. The proceeds from the issue will be utilized for acquiring Supramax dry bulk carriers from the secondary market, prepayment/repayment of certain borrowings, and general corporate purposes.

Shreeji Shipping Global Ltd IPO – Important Dates

Shreeji Shipping Global Ltd IPO Date	August 19, 2025 to August 21, 2025
Shreeji Shipping Global Ltd IPO Listing Date	August 26, 2025
Shreeji Shipping Global Ltd IPO Price	₹240 to ₹252 per share
Shreeji Shipping Global Ltd IPO Lot Size	58 Shares
Shreeji Shipping Global Ltd IPO Total Issue Size	1,62,98,000 shares
Shreeji Shipping Global Ltd IPO Basis of Allotment	August 22, 2025
Shreeji Shipping Global Ltd IPO Initiation of Refunds	August 25, 2025
Shreeji Shipping Global Ltd IPO Credit of Shares to Demat	August 25, 2025
Shreeji Shipping Global Ltd IPO Issue Type	Bookbuilding IPO
Shreeji Shipping Global Ltd IPO Listing At	BSE, NSE

Shreeji Shipping Global Ltd IPO – Company Profile

Shreeji Shipping Global Limited, incorporated in 1995, is an integrated shipping and logistics company with a strong focus on dry bulk cargo. With over 30 years of industry experience, the Company primarily operates at non-major ports and jetties along India’s West Coast and in Sri Lanka, having served more than 20 ports, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharamtar, and Puttalam. Its diverse clientele spans sectors such as Oil & Gas, Energy, FMCG, and Metals.

The Company’s offerings cover a wide range of services, including cargo handling (lighterage, stevedoring, and cargo management), transportation (port-to-premise logistics), fleet chartering, equipment rentals, and other ancillary activities. Its operations are supported by a strong asset base of 80+ vessels, comprising barges, mini bulk carriers, tugboats, and floating cranes, and 370+ earthmoving machines such as excavators, payloaders, tippers, trailers, and tankers.

Over the years, Shreeji Shipping Global has established itself as a leading integrated logistics provider, backed by extensive operational expertise, a diversified service portfolio, and a strong presence across key ports in India and Sri Lanka. 

Shreeji Shipping Global Ltd IPO Fundamental Analysis 

Shreeji Shipping Global Limited’s financial analysis reveals a decline in performance. Revenue has decreased; however, there is an increase in profitability. There is an increase in the EPS, and a decline in RoNW, along with asset growth and rising liabilities, indicating potential operational efficiency.

• Revenue Trend: The revenue has decreased from ₹7,310.03 million in March 2024 to ₹6,076.13 million in March 2025.
• Equity and Liabilities: Equities have shown a consistent increase over the periods, reflecting potential growth and expansion. 
• Profitability: The profit after tax (PAT) has increased from ₹1,245.12 million in March 2024 to ₹1,412.37 million in March 2025. 
• Earnings per Share (EPS): The basic EPS has increased from ₹8.89 in March 2024 to ₹9.83 in March 2025, reflecting higher earnings per share for investors. 
• Return on Net Worth (RoNW): The RoNW has decreased from 43.61% to 42.91%, indicating a decline in the company’s ability to generate returns on shareholder equity. 
• Financial Position: Total assets have increased, suggesting business expansion. However, the decline in the current ratio reflects a reduced capacity to meet short-term obligations compared to the previous year.

Shreeji Shipping Global Ltd IPO Financial Analysis

Particular	As of 31 March 2023	As of 31 March 2024	As of 31 March 2025
Revenue From Operations (₹ in million)	8,269.97	7,310.03	6,076.13
Total Income (₹ in million)	8,273.29	7,361.74	6,104.50
EBITDA (₹in million)	1,887.13	1,978.91	2,006.82
EBITDA Margin (%)	22.82%	27.07%	33.03%
Profit After Tax (₹ in million)	1,188.85	1,245.12	1,412.37
Earnings per Share (EPS)	8.49	8.89	9.83
Return on Net Worth (%)	58.17%	43.61%	42.91%
Return on Capital Employed (%)	38.05%	35.33%	28.09%
Debt-Equity Ratio	0.69	0.50	0.75
Current Ratio	1.06	1.50	0.95

Shreeji Shipping Global Ltd IPO Peer Comparison

There are no listed peer group companies, either in India or globally, of comparable size operating in a business similar to that of the Company. Consequently, an industry comparison for the Company is not feasible.

Shreeji Shipping Global Ltd IPO Objective

The main objectives of Shreeji Shipping Global Ltd include utilizing the Net Proceeds from the Issue for the acquisition of Supramax dry bulk carriers from the secondary market, prepayment/repayment of certain outstanding borrowings, and general corporate purposes.

1. Acquisition of dry bulk carriers in the Supramax category from the secondary market: To strengthen their services, they plan to invest ₹ 2,511.79 million raised from the issue in acquiring Supramax dry bulk carriers, enabling end-to-end logistics, enhancing competitiveness through credibility and exclusive contracts, and creating synergies with existing lighterage operations.

2. Prepayment or repayment, either in part or in full, of certain outstanding borrowings availed by the Company: As of July 05, 2025, the Company’s secured borrowings stood at ₹ 2,283.80 million, and it plans to deploy up to ₹ 230.00 million from the Net Proceeds towards prepayment or repayment of select working capital facilities, determined by cost, terms, and commercial factors, with the objective of lowering debt, strengthening the debt-equity ratio, and enabling future growth.

3. To meet general corporate requirements: The Company proposes to deploy the balance proceeds towards general corporate purposes as approved by its management from time to time, subject to such utilisation not exceeding 25% of the amount raised by the Company through this offer.

Shreeji Shipping Global Ltd IPO Risks And Challenges

Shreeji Shipping Global Limited is exposed to risks such as intense competition, reliance on leased premises, exposure to exchange rate fluctuations, heavy dependence on Oil & Gas, Energy, and Coal sectors, vulnerability to margin pressures from cargo handling, and transportation-related risks that may lead to uninsured losses or liabilities.

• The Company faces significant competition from both domestic and international shipping and logistics players, which could lead to loss of market share and sustained pressure on margins.

• Its registered office, workshop, and certain residential premises are located on leased land; non-renewal or termination of such agreements may disrupt operations and affect business continuity.

• Exposure to foreign currency revenues and expenses makes the Company vulnerable to exchange rate fluctuations, which could impact profitability.

• A large portion of revenues is derived from Oil & Gas, Energy, and Coal sectors (54.11% in FY25, 49.51% in FY24, and 46.15% in FY23); any slowdown in these industries could adversely affect cargo volumes and pricing power.

• Revenue generation is primarily dependent on cargo handling operations; inability to maintain operating efficiencies or profit margins may weaken financial performance.

• The Company is exposed to transportation-related risks, including cargo loss or damage, personal injury claims, and other operational liabilities, which may not always be adequately covered by insurance.

Shreeji Shipping Global Ltd IPO – Industry & Market Potential

India’s shipping and logistics sector is a cornerstone of trade, handling over 95% of the nation’s trade volume and nearly 70% of its value through maritime transport. Within this, dry bulk cargo, comprising coal, iron ore, fertilizers, and food grains, forms a major segment, supported by demand from industries such as power, steel, cement, and agriculture.

The industry is experiencing consistent growth, fueled by higher coal and fertilizer imports, the push for coastal shipping, and government-led initiatives like Sagarmala and ongoing port infrastructure upgrades. With congestion at major ports, non-major ports, especially along India’s West Coast, are becoming increasingly important for efficient and cost-effective cargo movement.

Backed by a robust fleet, strong expertise in dry bulk handling, and a significant presence at non-major ports and jetties, Shreeji Shipping Global Ltd is well-placed to benefit from these trends. Its planned acquisition of Supramax dry bulk carriers is set to expand service capabilities, enable integrated end-to-end logistics, and strengthen its competitive positioning in a growing market.

Shreeji Shipping Global Ltd IPO – Type of Offer

Shreeji Shipping Global Limited proposes to issue 1,62,98,000 equity shares of face value ₹10 each through a fresh issue. The net proceeds will be utilized for acquiring Supramax dry bulk carriers from the secondary market, prepayment/repayment of borrowings, and general corporate purposes.

1. Fresh Issue: The company will issue 1,62,98,000 new shares of face value ₹10/- each new share to raise capital. The company intends to utilise the proceeds from the fresh issue for acquiring Supramax dry bulk carriers from the secondary market, prepayment/repayment of certain borrowings, and general corporate purposes.

Shreeji Shipping Global Ltd IPO Offer Size

The offer size of Shreeji Shipping Global Limited comprises 1,62,98,000 equity shares with a face value of ₹10 each, including a fresh issue of 1,62,98,000 shares. The Net Proceeds are proposed to be utilized for acquiring Supramax dry bulk carriers from the secondary market, prepayment/repayment of certain borrowings, and general corporate purposes.

Shreeji Shipping Global Ltd IPO Allotment Structure

Shreeji Shipping Global Ltd allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations.

● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.

● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs. 2 lakhs.

● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs. 2 lakhs. 

How to apply for the Shreeji Shipping Global Ltd IPO?

To apply for the Shreeji Shipping Global Limited IPO through Alice Blue, follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

1. Check for IPO Details: Once your account is active, you can check for the Shreeji Shipping Global Limited IPO details in the IPO section of the Alice Blue platform.
2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
3. Submit the Application: Confirm all your details and submit your application.

You can apply for the Shreeji Shipping Global Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

How do you check Shreeji Shipping Global Ltd IPO Allotment Status?

Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:

1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
4. Select the Shreeji Shipping Global IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Shreeji Shipping Global Limited IPO.
5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.

 If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance. 

Apart from Alice Blue, there are other ways to check the allotment status of the Shreeji Shipping Global Limited IPO:

● Registrar’s Website: Visit the website of Bigshare Services Private Limited, the registrar of the Shreeji Shipping Global IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status. 

● BSE NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). You would need your application number and PAN to check the status. 

Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.

Shreeji Shipping Global Ltd IPO Offer Registrar

The registrar for the Shreeji Shipping Global Limited IPO is Bigshare Services Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.

Contact information for the registrar:

Bigshare Services Private Limited

S6-2, 6th Floor, Pinnacle Business Park,

Mahakali Caves Road, Next to Ahura Centre, 

Andheri East, Mumbai – 400093, 

Maharashtra, India

Telephone: +91 22-62638200

E-mail: [email protected]

Shreeji Shipping Global Ltd IPO – FAQs

Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.