About the Company: Shreeji Shipping Global Ltd
Shreeji Shipping Global Ltd. is a leading shipping and logistics company based in Jamnagar, Gujarat. The company mainly helps move large amounts of dry goods (like coal, salt, and minerals) across India and overseas, using its own fleet of ships and earthmovers. Shreeji Shipping has more than 75 vessels and over 380 pieces of earthmoving equipment. They operate at over 20 major and minor ports, including well-known places like Kandla Port and overseas at Puttalam in Sri Lanka.
The company started in 1995 and has grown steadily over the years, now bringing in over ā¹610 crore in yearly revenue (2025). Shreeji Shipping offers solutions for anyone needing to transport big, heavy cargoāmaking it an important player in Indiaās growing logistics sector.
READ DRHP HERE-SEBI |PUBLIC ISSUES| SHREEJI SHIPPING GLOBAL
IPO Details
| Detail | Information |
|---|---|
| Issue Price Range | ā¹240 ā ā¹252 per share |
| Face Value | ā¹10 per share |
| Minimum Lot (Retail) | 58 shares (ā¹13,920āā¹14,616 approx) |
| Maximum Lot (Retail) | 13 lots (754 shares, approx ā¹1,90,000) |
| Minimum Lot (HNI) | 14 lots (812 shares, approx ā¹2,05,000) |
| Issue Type | Fresh Issue; No Offer for Sale |
| Total Issue Size | ā¹410.71 crore |
| Listing | NSE, BSE |
| Registrar | Bigshare Services Pvt. Ltd.CLICK HERE |
IPO Timeline (Important Dates)
| Event | Date |
|---|---|
| IPO Opens | 19th August 2025 |
| IPO Closes | 21st August 2025 |
| Allotment Final | 22nd August 2025 |
| Refunds Start | 25th August 2025 |
| Shares in Demat | 25th August 2025 |
| Listing Date | 26th August 2025 |
Whatās the Money Used For?
- Buying new ships (mainly supramax dry bulk carriers).
- Paying back some company loans.
- Investing in day-to-day and general needs.
Key Financial Metrics (in simple terms)
| Financial Metric | FY 2023 (ā¹ Cr.) | FY 2024 (ā¹ Cr.) | FY 2025 (ā¹ Cr.) |
|---|---|---|---|
| Revenue | 827.33 | 736.17 | 610.45 |
| Profit After Tax | 118.89 | 124.51 | 141.24 |
| EBITDA | 188.71 | 197.89 | 200.68 |
| Net Worth | 255.81 | 315.18 | 343.17 |
| Total Borrowing | 175.45 | 158.88 | 256.47 |
What do these numbers mean?
- Revenue: The total money earned from business.
- EBITDA: Profit before taxes and loan interest.
- PAT (Profit After Tax): Final profit after all costs.
- Net Worth: The companyās value after paying all debts.
- Return on Equity: Shows how well the company uses investor money.
- Debt/Equity: How much money a company owes vs. its value.
ANALYSIS
- Revenue dropped in FY2025, but profit (PAT) increased, showing the company is managing costs better.
- EBITDA and profitability are improving steadily.
- The company uses shareholder money very efficiently (high RoE).
- Debt level is moderate and mostly used to grow the business.
- Strong net profit and net worth suggest the company is financially healthy.
Why Some Investors Like This Mainboard IPO
- Shreeji Shipping is a major player in Indiaās booming logistics sector.
- Focused on handling large shipments at growing ports in Gujarat and across the West Coast.
- Experienced management with a sizable fleet and long client relationships.
- Fresh funds used to grow business, not to pay off existing owners.
POINTS THAT NEED CAUTION
- Revenue dropped last year, likely due to changes in business environment or fewer shipping contracts.
- Business is capital-intensive and sensitive to changes in trade, shipping rates, and global economic conditions.
- Most profits come from a few types of large contracts; losing any could lower future earnings.
- Debt is used for expansionāif a company doesnāt grow as planned, it may affect profits.
- The logistics and shipping sector can face sudden challenges (port shutdowns, weather issues, etc.).
IPO FAQS
What is an IPO?
- An IPO (Initial Public Offering) is when a private company sells its shares to the public for the first time to raise money.
- Example: If a well-known pizza company wants to grow, it can list its shares on the stock exchange so anyone can buy a piece of the company.
How can you apply for an IPO (using Zerodha or Upstox)?
- Make sure you have a Demat account and your bank account is linked.
- Steps:
- Log in to your brokerās app (e.g., Zerodha Kite, Upstox).
- Go to the IPO section.
- Select the companyās IPO you want to apply for.
- Enter how many shares (or ālotsā) you want and the price you wish to bid.
- Enter your UPI ID, submit your application, and approve the UPI payment request.
How are IPO shares allotted?
- If more people want shares than are available, the company uses a lottery system to decide who gets them.
- If you donāt get shares, your money is simply returned.
What is GMP (Grey Market Premium)?
- GMP shows the extra price people are willing to pay for IPO shares before they officially start trading.
- Example: If IPO price is ā¹100 and GMP is ā¹20, people are unofficially ready to pay ā¹120. It hints at the IPOās popularity but isnāt a guarantee.
Where to check upcoming IPOs (IPO calendar)?
- Visit popular finance sites like Chittorgarh, IPOWatch, or official exchange websites (NSE, BSE) and look for the āUpcoming IPOā section.
What are IPO listing gains?
- If the shareās price rises on the first trading day, you can make instant profit.
- Example: You buy at ā¹150, and it opens at ā¹200, you gain ā¹50 per share.
How can you make profit from an IPO?
- Quick gains on listing day (if the stock price goes up).
- Long-term: If the company grows, the share price could increase further.
Which IPO is best to buy?
- There is no single best IPO. Check the companyās background, current demand, and GMP, but always research before investing.
- High GMP or popularity doesnāt guarantee profits.
Are IPOs safe?
- IPOs can be profitable but also risky; prices can go up or down sharply.
- Only invest if you are ready for potential losses.
How to check IPO allotment status?
- After the IPO process, check on exchanges (BSE/NSE websites) or the IPO registrarās site (like K-Fintech, Bigshare,or mufg-intime) by entering your PAN or application number to see if you got shares.
Important Tips for Retail Investors Applying for an IPO
- Use Only Your Own PAN Card:
Avoid using the same PAN card for multiple IPO applications. For example, if you have already applied using your PAN for one IPO, donāt try to apply again with the same PAN under different accounts or through others. - Apply in the Right Category:
Ensure you select the correct investor category (such as Retail Individual Investor) when filling out your application. Applying under a wrong category can lead to rejection or disqualification. - Maintain Sufficient Bank Balance:
Before applying, ensure your bank account linked to the application has enough funds to cover the full bid amount. For instance, if the IPO application requires a payment of ā¹15000, make sure your account holds at least that amount. - Use Your Own Bank Account:
Always apply through your own bank account. Using someone elseās account can cause your application to be rejected during the verification process. - Avoid Last-Minute Applications:
Donāt wait until the deadline day or moments before to apply. Last-minute submissions may face technical glitches or processing delays, reducing the chances of success.