Shreeji Shipping Global IPO: GMP, Price Band, Key Dates & Financial Highlights
- Krishna Priya
- Aug 12
- 2 min read
The company has set a price band of ₹240–₹252 per share, with retail investors able to apply for a minimum of 58 shares, requiring an investment of ₹14,616 at the upper end.
IPO Snapshot
Total Issue Size | ₹410.71 Cr |
Fresh Issue | ₹410.71 Cr |
Offer for Sale | — |
Price Band | ₹240 – ₹252 per share |
Lot Size | 58 shares |
Minimum Investment | ₹14,616 (at upper band) |
Listing | NSE & BSE |
IPO Opens | August 19, 2025 |
IPO Closes | August 21, 2025 |
Incorporated in 1995, Shreeji Shipping Global Ltd is a shipping and logistics company specializing in dry-bulk cargo operations, primarily at non-major ports and jetties along India’s west coast and Sri Lanka. The company operates a fleet of over 80 vessels and 370+ earthmoving machines, serving sectors such as oil & gas, energy, FMCG, and metals. Financial Performance
Period Ended | Revenue from Operations (₹ Cr) | Profit After Tax (PAT) (₹ Cr) |
31 Mar 2025 | 607.61 | 141.24 |
31 Mar 2024 | 731.00 | 124.52 |
31 Mar 2023 | 826.99 | 118.89 |
Grey Market Premium (GMP)
As of now, the Grey Market Premium (GMP) for the Shreeji Shipping Global IPO is ₹9.5. Based on the upper price band of ₹252, the estimated listing price is ₹261.5, indicating a potential gain of about 3.77% per share.
Use of Proceeds
The company plans to utilise ₹251.18 crore from the net proceeds for acquiring Dry Bulk Carriers in the Supramax category in the secondary market, ₹23 crore towards prepayment or repayment of certain outstanding borrowings, and the remaining funds for general corporate purposes.
Disclaimer: This content is for educational purposes only; please conduct your own research and consult with a qualified investment advisor before making any investment decisions.
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