Shreeji Shipping Global Limited
Minimum investment
Bidding date
19 Aug - 21 Aug 2025
Price range
₹240 - ₹252
Minimum quantity
58
Minimum investment
₹13,920
Issue size
—
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Category | Subscription |
|---|---|
Qualified Institutional Buyers | 97742.07x |
Retail Individual Investor | 17.97x |
Non-Institutional Investor | 52.26x |
Others | - |
Total | 17.97x |
Incorporated in 1995, Shreeji Shipping Global Ltd is an integrated shipping and logistics company specializing in dry-bulk cargo handling. The company primarily operates across non-major ports and jetties along the west coast of India and Sri Lanka.
Shreeji Shipping Global provides services at more than 20 ports and jetties, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam. Its diversified services include cargo handling, transportation, fleet chartering, and equipment rentals.
As of March 31, 2025, the company operates a fleet of over 80 vessels, including barges, mini bulk carriers, tugboats, and floating cranes. It also manages a portfolio of 370+ earthmoving machines for material handling and transportation. With over 1173 permanent employees, Shreeji Shipping serves key industries such as Oil & Gas, Energy, FMCG, and Metals.
Established Brand in Shipping & Logistics: Shreeji Shipping Global is a well-recognized player in India’s integrated shipping and logistics industry with decades of operational experience.
Strong Operational Network: The company operates across more than 20 ports and jetties, ensuring wide geographical reach and service reliability.
Proven Financial Growth: Despite fluctuations in revenue, the company has consistently maintained profitability, showcasing resilience in its financial performance.
Experienced Leadership: Backed by highly experienced promoters and a committed management team, the company benefits from strong industry expertise.
Large Fleet Capacity: With a fleet of over 80 vessels and more than 370 material handling machines, the company ensures efficient cargo handling and transportation.
Strong Financial Ratios: Key financial indicators such as ROE of 42.91% and PAT margin of 23.24% reflect strong operational efficiency and profitability.
Decline in Revenue: The company’s revenue fell by 17% in FY25 compared to FY24, raising concerns over growth sustainability.
High Borrowings: Total borrowings increased to Rs. 256.47 crore in FY25, indicating higher debt obligations that may impact future profitability.
Industry Cyclicality: The company operates in sectors like oil, energy, and metals, which are highly cyclical and vulnerable to global economic conditions.
Earnings Dilution: Post-IPO, EPS is expected to dilute from Rs. 9.63 to Rs. 8.67, which may affect investor valuations.
Dependence on Non-Major Ports: A large portion of operations is focused on non-major ports, which may limit scalability compared to competitors operating at major ports.
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