As India’s IPO market heats up in August 2025, one public issue generating serious buzz is the Shreeji Shipping Global IPO. With the subscription window open from August 19 to 21, 2025, investors are eyeing this logistics giant for both short-term gains and long-term potential.
Below is a complete breakdown of the IPO details, financials, latest Grey Market Premium (GMP) trends, and key takeaways for investors.
IPO Snapshot
- Price Band: ₹240 – ₹252 per share
- Lot Size: 58 shares
- Issue Size: 1.63 crore equity shares (100% fresh issue) totaling ~₹411 crore
- Exchange Listings: BSE, NSE
- Tentative Listing Date: August 26, 2025
- Allocation Structure:
- QIB: 50%
- Retail: 35%
- NII (HNI): 15%
Financial Performance Overview
Despite a dip in revenue during FY25, Shreeji has shown consistent profitability—indicating strong cost control and operational efficiency.
| Metric | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Assets (₹ Cr) | 600.92 | 610.65 | 758.58 |
| Total Revenue (₹ Cr) | 827.33 | 736.17 | 610.45 |
| Net Profit (₹ Cr) | 118.89 | 124.51 | 141.24 |
| EBITDA (₹ Cr) | 188.71 | 197.89 | 200.68 |
| Net Worth (₹ Cr) | 255.81 | 315.18 | 343.17 |
| Borrowings (₹ Cr) | 175.45 | 158.88 | 256.47 |
Company Profile & IPO Objectives
Shreeji Shipping Global Ltd. is a prominent player in the dry bulk cargo logistics sector in South Asia, operating:
- A fleet of 80+ owned and leased vessels
- Over 370 cargo handling machines
- Across 20+ ports in India and Sri Lanka
- Serving clients across oil & gas, energy, metals, FMCG, and more
Use of IPO Proceeds:
- ₹251 crore for acquiring Supramax vessels (fleet expansion)
- ₹23 crore toward debt repayment
- Remainder for general corporate purposes
Latest GMP Update – August 13, 2025
As of August 13, 2025, the Grey Market Premium (GMP) for Shreeji Shipping Global IPO is trending around ₹30 per share. That’s an 11.9% premium over the upper band of ₹252.
- Expected Listing Price: ~₹282 (₹252 + ₹30 GMP)
- Implied Gain: ~12% potential upside if market sentiment holds
📌 Note: GMP is unofficial and speculative. It reflects investor sentiment and is not a guarantee of listing price or profits.
GMPs have remained strong, consistently floating between ₹25–₹30 since the price band announcement, signaling strong interest as the IPO nears.
Strengths & Watch-Outs
Key Strengths:
- Integrated logistics and port infrastructure
- Large in-house vessel and equipment fleet
- Serving multiple high-demand sectors (energy, oil, FMCG, etc.)
- Steady growth in profit and net worth
Risks to Consider:
- Revenue decline in FY25, despite higher profit
- Rising debt due to capital-heavy operations
- Vulnerable to global shipping cycles, trade slowdowns, and regulatory shifts
Important Dates for Investors
| Event | Date |
|---|---|
| IPO Opens | August 19, 2025 |
| IPO Closes | August 21, 2025 |
| Allotment Finalization | August 22, 2025 |
| Refund Initiation | August 25, 2025 |
| Shares Credited in Demat | August 25, 2025 |
| Expected Listing Date | August 26, 2025 |
Final Verdict: Should You Apply?
The Shreeji Shipping Global IPO stands out due to its strong GMP, growing profitability, and strategic expansion plan. The company’s dominant presence in India’s dry bulk cargo market and a solid institutional investor base further boost confidence.
However, investors should remain cautious of sector volatility, capital intensity, and recent revenue contraction.
Pro Tip:
Monitor subscription figures and GMP movements during the offer period to get a better sense of market demand before applying.
Disclaimer: GMP is speculative and not a formal price indicator. Always perform due diligence and consult your financial advisor before investing.