Shreeji Shipping Global IPO is a book-built issue IPO, aiming to raise ₹410.71 crore. It comprises a fresh issue of 1.63 crore equity shares aggregating to ₹410.71 crore. The bidding window was open from August 19, 2025, to August 21, 2025, with the IPO allotment to be finalised on August 22, 2025. Shreeji Shipping Global is scheduled to list on BSE and NSE on August 26, 2025.
The IPO was priced at ₹240-₹252 per share with a lot size of 58 shares. The public issue received bids for 66.27 crore shares against 1.14 crore shares available, resulting in an overall subscription of 58.08 times. QIBs led the response, subscribing 110.41 times their quota, followed by NIIs at 72.70 times and retail investors at 21.92 times.
Shreeji Shipping Global’s ₹410.71 crore IPO, priced at ₹240-₹252 per share, was subscribed 58.08 times overall. The IPO is a fresh issue of 1.63 crore equity shares aggregating to ₹410.71 crore. Bidding took place from August 19 to August 21, 2025, with the Shreeji Shipping Global IPO allotment status on August 22, 2025. Retail investors subscribed 21.92 times, NIIs 72.70 times, and QIBs 110.41 times. Listing is expected on August 26, 2025.
The table below breaks down the Shreeji Shipping Global share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | 81,49,000 (50.00%) |
| − Anchor Investor Shares Offered | 48,89,400 (30.00%) |
| − QIB (Ex. Anchor) Shares Offered | 32,59,600 (20.00%) |
| NII (HNI) Shares Offered | 24,44,700 (15.00%) |
| − bNII > ₹10L | 16,29,800 (10.00%) |
| − sNII < ₹10L | 8,14,900 (5.00%) |
| Retail Shares Offered | 57,04,300 (35.00%) |
| Total Shares Offered | 1,62,98,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 110.41 |
| Non-Institutional Investors | 72.7 |
| Retail Individual Investors | 21.92 |
| Total | 58.08 |
Note: The subscription details are as of August 21, 2025
Shreeji Shipping Global Limited, incorporated in 1995, is an integrated shipping and logistics company specialising in dry-bulk cargo. The company has developed a strong presence at non-major ports and jetties, particularly along the west coast of India and in Sri Lanka. Its operations span more than 20 ports, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam, demonstrating its wide geographical footprint in the regional shipping sector.
The company offers a comprehensive range of cargo handling services such as lightering, stevedoring, and cargo management. In addition, it provides transportation solutions covering port-to-premise and premise-to-port movements, creating an end-to-end logistics framework. Another important part of its operations includes fleet chartering and equipment rentals, where Shreeji Shipping Global supplies vessels, floating cranes, barges, tugboats, and other heavy machinery to meet client needs in shipping and cargo management.
As of March 31, 2025, the company manages a sizeable fleet exceeding 80 vessels, which includes mini bulk carriers, barges, tugboats, and floating cranes. Beyond maritime assets, the company operates over 370 earthmoving machines such as excavators, payloaders, tippers, tankers, and trailers. This asset strength enables it to provide efficient handling, transportation, and logistical solutions for diverse sectors like oil and gas, energy, FMCG, and metals. The company also generates operational income through scrap sales and related activities.
Shreeji Shipping Global employs more than 1,173 permanent staff as of March 31, 2025, and is led by its promoters, Ashokkumar Haridas Lal and Jitendra Haridas Lal. Its competitive strengths include long-standing institutional relationships, proven cargo handling expertise, strong operational capabilities supported by its own fleet, and a consistent financial performance track record. These factors position the company as a prominent player in India’s dry-bulk shipping and logistics sector.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 21, 2025, 9:27 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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