Shreeji Shipping Global came to market through an IPO that opened on 19 August 2025 and closed on 21 August 2025, and the shares listed on 26 August 2025 on BSE, NSE. The price band was ₹240 to ₹252 per share and one lot was 58 shares, so the minimum application was ₹14,616. The issue size was ₹410.71 crore. The whole issue was fresh shares, so the money raised went to the company.
Bigshare Services Pvt Ltd was the registrar to the issue, and Beeline Capital Advisors Pvt Ltd, Elara Capital (India) Private Limited were the lead managers.
As of 21 August 2025.
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Established in 1995, Shreeji Shipping Global Limited is a logistics and shipping firm that specializes in dry-bulk cargo. Shreeji Shipping Global deals mainly in non-major ports and jetties, particularly on the west coast of India and Sri Lanka.The firm has serviced more than 20 ports and jetties, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam. Service Offering: Lightering, stevedoring, and cargo management constitute cargo handling services. Transportation covers port-to-premise drop-off and vice versa for overall logistics.
Fleet chartering and equipment rental involves supplying vessels and earthmoving equipment on a charter basis and other loading and unloading gears, if required. Other operational revenue includes the selling of scrap and miscellaneous activities.
As of September 30, 2024, the company owns a fleet of over 75 vessels that comprise barges, mini bulk carriers (MBCs), tugboats, and floating cranes.In addition, the company has a fleet of over 380 earthmoving machines, including material handling equipment, excavators, payloaders, tippers (and trailers), tankers, and other vehicles employed to deliver customer services. Under the cargo handling segment, the company provides STS (ship-to-ship) Lighterage, Stevedoring and other port services such as cargo management services.
The company provides dry bulk cargo transportation, including port-to-premise drop-off and vice versa.The company provides services to customers in industries such as Oil and Gas, Energy, FMCG, and Metals. As of September 2024, the company has more than 1000 permanent staff.
As described in the offer document.
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Shreeji Shipping Global raises Rs 123.2 crore from 14 anchor investors prior to IPO. Aarth AIF Growth Fund, Viney Growth Fund, Sunrise Investment Trust, Golden Equity Fund, SB Opportunities Fund, Invicta Continuum Fund, and Finavenue Capital Trust also invested in the firm through anchor book.
Ashokkumar Haridas Lal, Jitendra Haridas Lal. Promoter holding 100% before the issue and 90% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Shreeji Shipping Global IPO was a ₹410.71 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹240–₹252 per share with a lot size of 58 shares (₹14,616). The IPO was open from August 19 to August 21, 2025 and was subscribed 58.1x. Shares listed on BSE and NSE on August 26, 2025 at ₹270, a 7.1% premium to the issue price of ₹252. Bigshare Services Pvt Ltd is the registrar.
Beeline Capital Advisors Pvt Ltd and Elara Capital (India) Private Limited are the book running lead managers.
The price band of Shreeji Shipping Global IPO is ₹240 to ₹252 per share.
The lot size of Shreeji Shipping Global IPO is 58 shares.
The minimum investment for Shreeji Shipping Global IPO is approximately ₹14,616 based on the upper price band.
The allotment date of Shreeji Shipping Global IPO is Aug 22, 2025.
Shreeji Shipping Global IPO's final recorded GMP before listing was ₹29 per share (a 12% premium over the ₹252 upper price band). The shares listed at ₹270. GMP is unofficial and does not forecast or guarantee the actual listing price.
Shreeji Shipping Global IPO listed on Aug 26, 2025. It was issued at ₹270.0(NSE) and is currently around ₹870.00 as on 2-Nov-2026 3:30 PM, which is approximately 245.2% versus issue price. The 52-week high is ₹883.50.
You can check Shreeji Shipping Global IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shreeji Shipping Global IPO allotment status on Rupix for quick and easy access.
₹240 to ₹252 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 58 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,616.
₹14,616, for one lot of 58 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 19 August 2025 and closed on 21 August 2025.
The basis of allotment was published on 22 August 2025 by Bigshare Services Pvt Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 26 August 2025 on BSE, NSE.
The issue size was ₹410.71 crore. The fresh issue was 1,62,98,000 shares (aggregating up to ₹410.71 crore).