Shreeji Shipping Global Ltd. IPO: Key Details, Business Overview, and Investment Insights

Written by Kiran Jani

Last Updated on: August 14, 2025

The Shreeji Shipping Global Ltd. IPO is set to open for subscription on August 19, 2025 and will close on August 21, 2025. The company is a well-established player in the shipping and logistics industry, with over three decades of experience and a diversified portfolio of services. With its strong market presence, robust fleet, and consistent financial growth, the IPO is expected to attract significant attention from retail and institutional investors alike.

Shreeji Shipping Global Ltd. IPO Details

• IPO Open Date: August 19, 2025
• IPO Close Date: August 21, 2025
• Listing Date: August 26, 2025
• Face Value: ₹10 per share
• Price Band: ₹240 to ₹252 per share
• Lot Size: 58 shares
• Total Issue Size: 1,62,98,000 shares (aggregating up to ₹410.71 crore)
• Sale Type: Fresh Capital

The proceeds from the IPO will be used primarily for the acquisition of vessels, debt repayment, and general corporate purposes.

Company Overview – Shreeji Shipping Global Ltd. IPO

Shreeji Shipping Global Ltd. is a prominent shipping and logistics service provider specializing in dry bulk cargo handling at major and non-major ports in India and Sri Lanka. The company has a particularly strong presence along the West Coast of India and offers end-to-end services including:

• Ship-to-ship lighterage
• Stevedoring and cargo management
• Transportation (port to premise and vice versa)
• Fleet chartering
• Equipment rentals (vessels and earthmoving machinery)

As of March 31, 2025, the company operates a fleet of over 80 vessels comprising barges, mini bulk carriers, tug boats, floating cranes, and more than 370 units of earthmoving equipment like excavators, trailers, and tankers. Operations span over 20 ports and jetties, including major Indian ports like Kandla and multiple non-major ports in Gujarat, as well as Puttalam Port in Sri Lanka.

Financial Performance – Shreeji Shipping Global Ltd. IPO

The company’s financial performance for FY 2025 highlights its strong fundamentals:

• Revenue from Operations: ₹6,076.13 million
• Profit After Tax (PAT): ₹1,412.37 million
• EBITDA: ₹2,006.82 million
• Cargo Volume: 15.71 million metric tonnes (MMTs) handled

Key Financial Ratios:

• ROE: 42.91%
• ROCE: 28.09%
• Debt/Equity: 0.75
• PAT Margin: 23.24%
• EBITDA Margin: 33.03%
• Price to Book Value: 10.76

Three-Year Financial Summary (₹ in Cr.)

Strengths and Rationale for the Shreeji Shipping Global Ltd. IPO

1. Prominent Industry Player – Over 30 years of experience with a large fleet of vessels and machinery.
2. Integrated Services – Comprehensive offerings from cargo handling to transportation and equipment rentals.
3. Stable Customer Base – Long-standing relationships with clients in Oil & Gas, Energy, FMCG, Coal, and Metals.
4. Fleet Strength – Ownership of a substantial number of vessels and earthmoving equipment.
5. Proven Growth Record – Consistent rise in EBITDA and PAT over the last three years.
6. Experienced Leadership – Promoters with over 60 years of combined industry expertise.
7. Strategic Growth Plans – Focus on cost optimization, fleet expansion, and operational growth.

Risks and Challenges for the Shreeji Shipping Global Ltd. IPO

While the company has strong fundamentals, potential investors should note the following challenges:

• High competition from domestic and global shipping companies.
• Dependency on key commodities such as coal, pet coke, and sulphur.
• Seasonal fluctuations, especially during the monsoon.
• Operational disruptions in transportation networks.
• Dependence on key managerial personnel with notable attrition in FY 2025.
• Regulatory risks for both domestic and international operations.
• Foreign exchange fluctuations due to overseas revenues.
• Need to maintain data confidentiality and secure licenses timely.

Objects of the Issue – Shreeji Shipping Global Ltd. IPO

• ₹251.18 Cr. for acquisition of Dry Bulk Carriers in the Supramax category.
• ₹23 Cr. for pre-payment/repayment of certain outstanding borrowings.
• Remaining funds to be used for general corporate purposes.

Industry Outlook – Shreeji Shipping Global Ltd. IPO

The shipping and logistics sector in India, particularly in Gujarat’s ports, is projected to grow significantly. Cargo volumes are expected to rise at a CAGR of 10.8% nationally and 17.5% for Gujarat ports from 2024 to 2030. With its strong infrastructure, Shreeji Shipping is well-positioned to benefit from this growth.

Conclusion – Should You Invest in the Shreeji Shipping Global Ltd. IPO?

The Shreeji Shipping Global Ltd. IPO presents a compelling long-term investment opportunity. With strong operational capabilities, a robust fleet, high-profit margins, and a growing industry backdrop, the company appears well-placed for sustained growth.

Disclaimer: This article is intended for informational purposes only and does not constitute investment advice or a recommendation to apply for the IPO. Please read the Red Herring Prospectus (RHP) and consult a SEBI-registered financial advisor before making any investment decisions. For detailed disclosures and risk factors, refer to the official filings available on the SEBI website.

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