IPO Timeline

About Shreeji Shipping Global Ltd
The company provides shipping and logistic solution for dry bulk cargo at various Ports and Jetties at India and Sri Lanka. They are the flagship company of Jamnagar based Shreeji Group, promoted and led by Ashokumar Haridas Lal and Jitendra Haridas Lal, having combined experience of more than fifty-five (55) years in the shipping and logistics industry. Under their leadership, the company has evolved into an integrated shipping and logistic solution provider for dry bulk cargo handling at all-weather and seasonal ports in India and Sri Lanka. Though, the Company provides its services at major ports, they are primarily focused on non major ports and jetties, particularly along the West Coast of India. As of September 30, 2024, the company has provided their services at more than twenty (20) ports and jetties including major Indian ports at Kandla, non-major ports at Navlakhi, Magdalla, Bhavnagar, Bedi and Dharmatar and overseas port at Puttalam Port (Sri Lanka).
Shreeji Shipping Global Ltd Subscription Status
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
TBA | 0 | 0 | 0 | 0 |
TBA | 0 | 0 | 0 | 0 |
Shreeji Shipping Global Ltd Financial Status
Particulars (in Rs. Crores) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
---|---|---|---|
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 |
Shreeji Shipping Global Ltd IPO SWOT Analysis
Strengths
- Prominent player in integrated shipping and logistic service provider in India.
- Established cargo handling operations for Dry Bulk Cargo.
- Long-term institutional customer relationships in key sectors.
- Experienced Promoters and committed Management Team.
Risks
- The company faces strong competition from domestic and international shipping players, which may reduce their market share and harm their business, operations, finances, and cash flow.
- The company faces transportation risks, including cargo loss, damage, and personal injury claims, which may be inadequately insured.
- Strikes, work stoppages, or labor law compliance issues could increase employee costs and reduce the company’s profitability.
- The company’s cargo handling relies on ports and jetties, mainly on India's west coast. Any disruptions there could negatively impact their business, finances, operations, and cash flow.
Frequently Asked Questions
What is the price band of the IPO?
The Price Band of the IPO is ₹240 to ₹252 per share
What is the size of the company?
The total issue size of the company is ₹410.71 Cr
What is the lot size of the IPO?
₹13,920 /58 shares
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