Shreeji Shipping Global IPO is a bookbuilding issue of 1.63 crore equity shares, entirely comprising a fresh issue. The IPO opens for subscription on August 19, 2025, and closes on August 21, 2025. The tentative listing is scheduled on BSE and NSE on August 26, 2025, with allotment expected on August 22, 2025. The price band is Rs. 240 to Rs. 252 per shares. The lot size is 58 shares. Beeline Capital Advisors Pvt Ltd is the Book Running Lead Manager, while Bigshare Services Pvt Ltd is the registrar to the issue.
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Final Subscription Tally
| QIB | B HNI X | S HNI X | NII X | RII X | Total X |
| 110.41 | 72.86 | 72.37 | 72.70 | 21.92 | 58.08 |
| Applications: 1998,034 | |||||
| Subscription Review: Strong support witnessed even on last day |
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Who are the promoters of Shreeji Shipping Global IPO?
The Promoters of the company are Ashokkumar Haridas Laland Jitendra Haridas Lal.
The promoters hold 100.00% shares in the post IPO capital of the company.
What are the Objects of Shreeji Shipping Global IPO?
The Offer comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.
The net proceeds of the Offer are proposed to be utilised in the following manner:
👉Acquisition of Dry Bulk Carriers in Supramax category in the secondary market Rs. 251.18 Cr.
👉Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company Rs. 23 Cr.
👉General Corporate Purposes
What is the business of Shreeji Shipping Global?
| Shreeji Shipping Global IPO Details | |
| IPO opens on | 19 August 2025 |
| IPO closes on | 21 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1,62,98,000 Shares / Rs 410.71 Crore |
| * Fresh Issue | Rs 410.71 Crore |
| * Offer for Sale | Rs – Crore |
| Face Value per share: | Rs. 10 |
| Price Band | Rs. 240-252 |
| Retail Discount | Rs 0 per share |
| Employee discount | Rs. per share |
| Retail Lot Size | 58 Shares |
| Listing will at | BSE, NSE |
How are the shares offered?
| Investor Category | Shares Offered |
| QIB | Not more than 50.00% of the Net Issue |
| Retail | Not less than 35.00% of the Net Issue |
| NII | Not less than 15.00% of the Net Issue |
How can the shares be applied?
| Application | Lots | Shares | Amount Rs. |
| Retail (Min) | 1 | 58 | 14,616 |
| Retail (Max) | 13 | 754 | 1,90,008 |
| S-HNI (Min) | 14 | 812 | 2,04,624 |
| S-HNI (Max) | 68 | 3,944 | 9,93,888 |
| B-HNI (Min) | 69 | 4,002 | 10,08,504 |
| What is the timetable of this IPO? | |
| IPO opens on | 19 August 2025 |
| IPO Closes on | 21 August 2025 |
| IPO Allotment on | 22 August 2025 |
| Unblocking of Asba | 25 August 2025 |
| Credit of Shares | 25 Augut 2025 |
| Listing of Shares | 26 August 2025 |
| Registered Office of the company Shreeji Shipping Global Ltd. Shreeji House, Town Hall Circle, Kalavad Jamnagar, Gujarat, 361001 |
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| Who are the Lead Managers of All Time Plastics IPO? Beeline Capital Advisors Pvt ltd Elara Capital India Pvt Ltd |
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| Registrar to IPO | |
| Bigshare Services Pvt ltd |
Shreeji Shipping Global Financial Snpshot
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
| 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 and Surplus | 196.55 | 315.08 | 255.71 |
| Total Borrowing | 256.47 | 158.88 | 175.45 |
| Amount in Rs. Crore | |||
Key Performance Indicators
| KPI | Values |
| ROE | 42.91% |
| ROCE | 28.09% |
| Debt/Equity | 0.75 |
| RoNW | 42.91% |
| PAT Margin | 23.24% |
| EBITDA Margin | 33.03% |
| EPS-Post IPO | 8.67 |
| PE Ratio-Post | 29.07 |
HowShreeji Shipping Global IPO compares with the Peers?
There is no other listing company having similar nature of business like this company.
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Shreeji Shipping Global IPO Review by Paresh Gordhandas, CA & Research Analyst
The IPO opens on August 19, 2025, and closes on August 21, 2025. Anchor investor bidding will take place one day earlier, on August 18, 2025
The price band for the IPO has been set at Rs.240 to Rs.252 per share. At the upper end of this range, the company expects to raise approximately Rs.411 crore through the fresh issue of 1.63 crore equity shares, with no offer-for-sale (OFS) component.
The share allocation is structured as follows:
50% reserved for Qualified Institutional Buyers (QIBs),
15% for Non-Institutional Investors (NIIs),
35% for Retail Investors.
Allotment finalization: August 22, 2025
Refund initiation / Share credit to demat accounts: August 25, 2025
Expected listing date on BSE & NSE: August 26, 2025
The IPO proceeds will be used for:
Rs.251.2 crore toward acquiring dry bulk carriers (Supramax category) in the secondary market,
Rs.23 crore for repayment of debt,
Remaining funds will be deployed for general corporate purposes.
