
Transportation & Logistics · NSE / BSE
Established in 1995, the company is engaged in providing shipping and logistics services with a specialization in dry-bulk cargo. Its operations are primarily concentrated along the west coast of India and in Sri Lanka, catering to over 20 ports including Kandla, Navlakhi, Magdalla, Bhavnagar, and Puttalam. The company’s core services include cargo handling such as lightering (ship-to-ship transfer), stevedoring, and cargo management. It also offers transportation services, managing port-to-premise logistics and vice versa for dry bulk cargo. Additionally, it provides fleet chartering and rentals, offering vessels, tugboats, floating cranes, and earthmoving machinery on a charter basis. The company also earns other income from the sale of scrap and various operational services. As of September 2024, it owns a fleet of over 75 vessels, including barges, mini bulk carriers (MBCs), tugboats, and floating cranes, along with more than 380 earthmoving machines such as excavators, payloaders, and trailers. The workforce comprises over 1,000 employees.
Price Band
₹240 – ₹252
Issue Size
₹411 Cr
Lot Size
58 shares
GMP
+13.5%
Est. Listing
₹286
at current GMP
Subscribed
58.10x
overall
Open
19 Aug 2025
Close
21 Aug 2025
Allotment
22 Aug 2025
Refund
23 Aug 2025
Demat Credit
24 Aug 2025
Listing
26 Aug 2025
Overall Subscription
58.10x
Total Demand
QIB Multiplier
110.41x
Institutions & Funds
NII / HNI
72.70x
High Net-Worth
Retail (RII)
21.94x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,259,600 | 359,907,922 | 110.41x |
| NIB | 2,444,700 | 177,739,434 | 72.70x |
| HNIs(10L +) | 1,629,800 | 118,748,504 | 72.86x |
| HNIs (2-10L) | 814,900 | 58,990,930 | 72.39x |
| RETAIL | 5,704,300 | 125,153,908 | 21.94x |
| Total | 13,853,300 | 840,540,698 | 58.10x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 2,007 | 14,786 | 7.37x |
| HNIs (2-10L) | 1,004 | 42,483 | 42.31x |
| RETAIL | 98,350 | 1,283,886 | 13.05x |
| Total Applications | 101,361 | 1,341,155 | 13.23x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Shreeji Shipping Global Limited is bringing an initial public offering (IPO) in the Transportation & Logistics sector with an aggregate issue size of ₹411 Crores. The shares are offered at a price band of ₹240 to ₹252 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 58 shares (approx. ₹14,616 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-08-24, while un-allotted funds or UPI block mandates will be released on 2025-08-23.
The latest Grey Market Premium (GMP) for Shreeji Shipping Global Limited IPO is ₹34 per equity share. Based on the upper price band of ₹240 to ₹252 per equity share, the estimated listing price is ₹286 (+13.5% expected listing gain).
With a lot size of 58 shares and current GMP of ₹34, the expected profit per application lot is approx ₹1,972 (+13.5% gain). Minimum application cost is approx ₹14,616.
The Shreeji Shipping Global Limited IPO aggregate issue size is ₹411 Crores with an equity price band set at ₹240 to ₹252 per equity share. The retail lot size is 58 shares requiring a minimum capital outlay of approx. ₹14,616.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 58.10x (Retail: 21.94x, QIB: 110.41x, NII: 72.70x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2025-08-22. Investors can verify status using PAN card or application number.
Shreeji Shipping Global Limited shares are scheduled to list on NSE and BSE on 2025-08-26.