The Indian shipping and logistics sector is currently experiencing a wave of public offerings, with several companies looking to raise capital for expansion. One of the most-anticipated IPOs in this space is from Shreeji Shipping Global Ltd., which is set to launch its public issue on August 19, 2025. The company’s offering is designed to capitalise on the increasing demand for integrated shipping services and logistics solutions for dry bulk cargo.
This article provides a detailed overview of the Shreeji Shipping Global IPO details, covering all the essential details investors need to make an informed decision.
About Shreeji Shipping Global Ltd.
Founded in 1995, Shreeji Shipping Global Ltd. is a key player in providing integrated logistics solutions for dry bulk cargo. The company’s business model is built on an asset-heavy approach, offering end-to-end services from cargo handling at ports to transportation to customer premises. They have a strong operational presence at over 20 ports and jetties in India and Sri Lanka, with a particular focus on non-major ports along India’s west coast.
The company’s extensive fleet includes over 80 vessels, such as barges and mini bulk carriers, and more than 370 earthmoving and material handling equipment. This robust infrastructure enables them to cater to a diverse range of industries, including oil & gas, power & energy, and FMCG. Their expertise in handling a variety of commodities, including coal and iron ore, is a significant competitive advantage.
Shreeji Shipping Global Ltd. IPO Details
Shreeji Shipping Global IPO is a book-built issue of 1,62,98,000 shares, entirely a fresh issue, aiming to raise ₹410.71 crore.
Key IPO Details
| Event | Date |
| IPO Open Date | Tue, Aug 19, 2025 |
| IPO Close Date | Thu, Aug 21, 2025 |
| Tentative Allotment | Fri, Aug 22, 2025 |
| Initiation of Refunds | Mon, Aug 25, 2025 |
| Credit of Shares to Demat | Mon, Aug 25, 2025 |
| Tentative Listing Date | Tue, Aug 26, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 21, 2025 |
Important IPO Timeline
| Event | Details |
| IPO Date | August 19, 2025 to August 21, 2025 |
| Listing Date | – |
| Face Value | ₹10 per share |
| Issue Price Band | ₹240 to ₹252 per share |
| Lot Size | 58 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,62,98,000 shares (aggregating up to ₹410.71 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 14,66,20,254 shares |
| Share Holding Post Issue | 16,29,18,254 shares |
Financial Performance
The company has shown a strong financial track record, showing consistent growth in profitability. Between the fiscal years ending March 31, 2024, and March 31, 2025, the company’s profit after tax (PAT) increased by over 13%, rising from ₹124.51 crore to ₹141.24 crore.
Company Financial Snapshot
| Period Ended | 31 Mar 2025 (₹ Cr) | 31 Mar 2024 (₹ Cr) | 31 Mar 2023 (₹ Cr) |
| 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 & Surplus | 196.55 | 315.08 | 255.71 |
| Total Borrowing | 256.47 | 158.88 | 175.45 |
Key Performance Indicators (as of 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
Use of IPO Proceeds
The Shreeji Shipping Global IPO proceeds will be strategically utilised to fuel the company’s growth and expansion plans.
| S.No. | Objects of the Issue | Expected Amount (₹ in Crores) |
| 1 | Purchase of Dry Bulk Carriers in the Supramax category from the secondary market | 251.18 |
| 2 | Repayment or prepayment, either fully or partially, of outstanding borrowings made by the Company | 23 |
| 3 | Allocation for general corporate purposes | – |
Conclusion
Shreeji Shipping Global IPO offers a compelling opportunity for investors seeking to participate in India’s growing logistics and shipping sector. With a strong business model, a healthy fleet, and a consistent track record of profitability, the company appears well-positioned to capitalise on the increasing demand for shipping and logistics services. As with any investment, it’s crucial for potential investors to carefully evaluate the company’s fundamentals and the associated risks before subscribing. The IPO could be a valuable addition for those with a long-term investment horizon.
