Shreeji Shipping Global IPO Opens 19 Aug - Check GMP, Allotment Status

Shreeji Shipping Global Limited is going public with an IPO. Shreeji Shipping Global Limited is located in Jamnagar, Gujarat (India) and is one of the names known in India's growth in the shipping and logistics sector. The company provides shipping services and is involved in the scenarios of cargo transportation. Many experts suggest this company has much growth potential as India expands its trade. Each share in this IPO is priced at ₹252. This could provide a great opportunity for individuals who want to invest in shipping companies. 

At present, the Shreeji Shipping IPO GMP is at ₹58 (23.02%) premium in the grey market. This indicates that people are willing to pay ₹58 premium to the IPO price. Hence it can be interpreted many investors are interested in getting this company's shares.

Shreeji Shipping IPO Dates

The Shreeji Shipping Global Limited IPO will open on August 19, 2025, and close on August 21, 2025. The allotment date is August 22, 2025, and listing will happen on August 26, 2025.

IPO Basic Details

To buy Shreeji Shipping shares, you need to invest at least ₹14,616 for 58 shares. The current GMP of 23.02% shows very good demand from investors. This is one of the important IPOs in the shipping and logistics sector this year.

About Shreeji Shipping Global Limited

Shreeji Shipping Global Limited is an established shipping and logistics corporation with operations in India. The company is located in Jamnagar, Gujarat and operates in both domestic and international shipping. They provide cargo transportation, shipping services, and logistics services.

Shreeji Shipping works with importers, exporters, manufactures, and trading companies to transport their goods safely. They have been helping Indian businesses transport their products by sea to different locations across India, and to other countries. Their background and experience with different types of cargo allows them to provide reliable shipping services for their customers.

The company is seeking expansion and wants to grow larger into larger shipping operations. Shreeji Shipping wishes to grow their shipping operations with the proceeds from the IPO. This includes buying ships that belong to the company to support its ongoing maritime operations, extending shipping services, and supporting their logistics network.

The IPO will be managed by Bigshare Services Pvt Ltd. The proceeds will be used for expanding fleet, and facilities, developing technology, repaying loans, and current working capital needs.India's growing trade and export business should comfortably provide Shreeji Shipping the opportunity to reap the benefits, and oversight and schedule expedent include.

Shreeji Shipping Financial Performance

The company has shown steady performance in recent years.

Financial Analysis

Shreeji Shipping has delivered a mixed but stable financial profile. Their assets increased from ₹600.9 Cr in Mar-23 to ₹758.58 Cr in Mar-25, a growth of 26.2% over the two-year period. This indicates the company's business is growing. 

However, revenues decreased from ₹826.99 Cr in Mar-23 to ₹607.62 Cr in Mar-25. This may be due to both challenging market conditions in the shipping industry or temporary business challenges. 

Interestingly, profit grew at a steady rate. Profit after tax increased from ₹118.88 Cr to ₹141.23 Cr, an 18.8% increase. This demonstrates the company is controlling its costs and managing to stay profitable with lower revenue. 

EBITDA also increased from ₹188.71 Cr to ₹200.68 Cr ranging from low to high indicating the company is operating more efficiently. The company's net worth reached ₹255.8 Cr - after issuing shares as of March 2023, and increased to ₹343.17 Cr as of Mar-25, a 34.2% increase, showing the company is in a better financial position, including the shareholders that have invested in the company. 

As of Mar-25 the company total borrowing increased from ₹175.45 Cr to ₹256.47 Cr this could be they maintained the same borrowing for business to expand or to help them purchase new ships.

Overall, we can see that Shreeji Shipping has stable profitability and asset profile, which is positive for a shipping company. We also need to be aware that they have faced challenges and have opportunities for continued growth.

IPO Share Distribution

The shares will be divided as per SEBI rules:

Good Points

1. Growing Trade Business:
India has a rapidly growing import and export business which is beneficial for shipping companies (like Shreeji Shipping).

2. Stable Profits:
The company earned the last two years consistent profits growing from ₹118.88 Cr to ₹141.23 Cr, which is promising for the institution.

3. Strong Asset Base:
The company's assets grew 26.2% showing a growing business with more asset backing.

4. Experienced Management:
The company has been in the business of shipping for many years so they know the business tremendously well.

5. Strategic Location:
Gujarat is a great location that gives prime access to major ports and industry international access.

6. Good GMP:
23.02% GMP signifies that investor confidence in the company is strong.

7. Government Support:
The Indian government supports trade and shipping, with many good policy leverages, which is favorable to trade companies like Shreeji Shipping.

8. Growing Net Worth:
The net worth has increased by 34.2% which shows financial strength.

Risk Factors

1. Revenue Decline:
Revenue has dropped off from ₹826.99 Cr to ₹607.62 Cr, which is alarming.

2. High Competition:
Shipping tends to have many competitors domestically, and even more competitors outside of India.

3. Fuel Price Changes:
Shipping companies are subject to changes in fuel prices which changes costs.

4. Global Economic Conditions:
International trade is driven by the global economy, which can impact business.

5. Regulatory Changes:
Changes to shipping rules and regulations can impact operations.

6. Weather and Natural Disasters:
Adverse weather and natural disasters can halt shipping operations.

7. Currency Fluctuation:
International trade means transacting in foreign currency which can impact profit.

8. Debt Increase:
Total liability increased, meaning greater interest cost.

How to Apply for Shreeji Shipping IPO?

Step-by-step guide (IPO opens August 19, 2025):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)

2. Go to the IPO section and select Shreeji Shipping IPO

3. Click Apply

4. Enter:

   • Lot size (58 shares minimum)

   • Bid price (₹252 or select Cut-Off)

   • Your UPI ID

5. Submit the application

6. Approve the UPI request in your UPI app (PhonePe, GPay, etc.)

Important: Approve the UPI request before 5 PM on the same day or before the IPO closes on August 21, 2025.

How to Check Shreeji Shipping IPO Allotment Status?

You can check the allotment status through NSE/BSE and the registrar portal once the IPO opens.

Check On NSE/BSE

1. Visit the NSE or BSE official website

2. Go to the IPO Allotment Section

3. Select Shreeji Shipping IPO

4. Enter PAN number or application number

5. Submit to view the allotment status

Check On the Registrar Portal

1. Visit Bigshare Services

2. Select IPO allotment status

3. Choose Shreeji Shipping IPO

4. Enter PAN or application number

5. Submit to check status

Company Address

Name: Shreeji Shipping Global Limited
Address: Shreeji House, Town Hall Circle, Kalavad Jamnagar, Gujarat, 361001
Phone: +91 288 2553331
Email: info@shreejishipping.in
Website: https://shreejishipping.in/

IPO Registrar

Name: Bigshare Services Pvt Ltd
Phone: +91 22 6263 8200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Address: Bigshare Services Pvt Ltd, 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Final Thoughts

Shreeji Shipping Global Limited is presenting a mixed investment opportunity in India's shipping sector here. The company is demonstrating good profit growth and asset growth, however, the falling trend in revenue is concerning.

At ₹252 per share with a GMP of 23.02%, the markets definitely have an enthusiasm towards this IPO. The shipping industry in India should benefit from the growing trade and export business, which will help Shreeji Shipping globally grow in the future.

Still, investors should watch for the declining revenues and increased borrowings. The shipping business faces challenges of fluctuating fuel prices, changing global economic conditions, and intense competition.

For investors that take a long view on India's growth of its trade business and are comfortable with the risks involved in the shipping sector, this IPO may be worth a look for long term investment.

Disclaimer: This analysis is for educational purposes and not financial advice. Please consult a financial advisor before making investment decisions.

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