31 Mar 2023
Assets600.92
Total Income827.33
EBITDA188.71
Profit After Tax118.89
NET Worth255.81
Reserves and Surplus255.71
Total Borrowing175.45
At a glance
Updated 2026-09-11The shares listed at ₹270.00, a 7.14% move from the issue price. Shreeji Shipping Global is a Mainboard IPO with an issue size of ₹410.71 crore, proposed for listing on BSE, NSE. The offer opens on 19th Aug 2025 and closes on 21st Aug 2025. The issue structure includes a fresh issue of ₹410.71 crore. The current listing schedule points to 26th Aug 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹410.71 Cr
Fresh issue₹410.71 Cr
Face value₹10
Price band₹240.00–₹252.00
Allotment22nd Aug 2025
Listing26th Aug 2025
Listing performance
Full performance ↗Issue price₹252.00
Listing price₹270.00
Current price—
Listing gain7.14%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹34.00
GMP / upper price13.49%
Est. listing₹286.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens19th Aug 2025
Closes21st Aug 2025
Allotment22nd Aug 2025
Refund25th Aug 2025
Demat25th Aug 2025
Listing26th Aug 2025
Subscription demand
Full bidding ↗Total58.08×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 58 | ₹14,616 |
Company
Incorporated1995
Use of proceeds
| Object | Amount |
|---|---|
| Acquisition of Dry Bulk Carriers in Supramax category in the secondary marketAcquisition of Dry Bulk Carriers in Supramax category in the secondary market | ₹251.18 Cr |
| Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | ₹23.00 Cr |
| General Corporate Purposes | ₹95.36 Cr |
| Issue Expenses | ₹41.17 Cr |
| Total | ₹410.71 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue610.45₹ Cr · -17.1% vs prior year
EBITDA200.68₹ Cr · +1.4% vs prior year
PAT141.24₹ Cr · +13.4% vs prior year
Assets758.58₹ Cr · +24.2% vs prior year
Net Worth343.17₹ Cr · +8.9% vs prior year
Borrowing256.47₹ Cr · +61.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets610.65
Total Income736.17
EBITDA197.89
Profit After Tax124.51
NET Worth315.18
Reserves and Surplus315.08
Total Borrowing158.88
31 Mar 2025
Assets758.58
Total Income610.45
EBITDA200.68
Profit After Tax141.24
NET Worth343.17
Reserves and Surplus196.55
Total Borrowing256.47
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 42.91% |
| ROCE | 28.09% |
| Debt / Equity | 0.75% |
| RoNW | 42.91% |
| PAT Margin | 23.24% |
| EBITDA Margin | 33.03% |
| Price to Book Value | 10.76 |
Valuation & shareholding
Pre-IPO EPS9.63
Post-IPO EPS8.67
Pre-IPO P/E26.16
Post-IPO P/E29.07
Promoter holding pre100%
Promoter holding post90%
Market cap₹4105.54 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Shreeji Shipping Global IPO | — | 29.07 x | — | — |
| Skyways Air IPO | — | 31.57 x | — | — |
| Horizon Industrial IPO | — | - | — | — |
| Shiprocket Limited IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Acquisition of Dry Bulk Carriers in Supramax category in the secondary marketAcquisition of Dry Bulk Carriers in Supramax category in the secondary market | ₹251.18 Cr |
| Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | ₹23.00 Cr |
| General Corporate Purposes | ₹95.36 Cr |
| Issue Expenses | ₹41.17 Cr |
| Total | ₹410.71 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Elara Capital (India) Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-11.
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