Shreeji Shipping Global IPO: Grey Market Premium Signals 10% Listing Gains
Stock market investors are once again excited as Shreeji Shipping Global IPO is opening for subscription from August 19. This company coming from the shipping and logistics sector is quite popular for its dry-bulk cargo business. This can become a new opportunity for investors, as the latest grey market premium (GMP) is hinting that gains of up to 10% are possible on IPO listing. Today we will understand in detail what GMP is saying about Shreeji Shipping Global IPO, what are the key highlights of the issue and what investors should look for from the company’s business and financial performance.
Shreeji Shipping Global IPO GMP Latest Update
The first question that comes to every investor’s mind is what is the GMP. According to InvestorGain data, the grey market premium of Shreeji Shipping Global IPO was Rs 26 per share till 9:01 am on 18 August. If we calculate it, its estimated listing price is around Rs 278 per share, which shows a premium of about 10.32% to the upper band of the issue price. Meaning, if the market sentiment is positive on the day of IPO listing, then there is a good chance of investors getting good listing gain.
Shreeji Shipping Global IPO: Key Details For Investors
The total issue size of this IPO has been fixed at Rs 410.71 crore, which will be a completely fresh issue. That is, the company is bringing new shares in the market, and this money will directly go to the company.
The price band has been decided from Rs 240 to Rs 252 per share. The minimum lot size for retail investors is 58 shares, for which an investment of Rs 13,920 will have to be made. The lot size for small non-institutional investors (SNII) is 812 shares (14 lots), which makes an investment of Rs 2,04,624. The same big non-institutional investors (bNII) will have to apply for a minimum of 4,002 shares (69 lots), with a total investment of around Rs 10,08,504.
The subscription window for this IPO will be open from 19 August to 21 August. The IPO allotment status is expected to be finalized on 22 August, and refunds and transfer of shares will begin from 25 August. The tentative listing date has been fixed for 26 August, where the shares will be listed on both NSE and BSE. Beeline Capital Advisors Pvt. is the lead manager of this issue, while Bigshare Services Pvt. will act as the registrar.
Shreeji Shipping Global: Business Model and Growth
Shreeji Shipping Global Ltd. was started in 1995, and today the company mainly handles operations at non-major ports and jetties. It is active at multiple locations on the west coast of India and Sri Lanka. So far the company has provided services at more than 20 ports and jetties, including places like Kandla, Navlakhi, Magdalla, Bhavanagar, Bedi, Dharmatar and Puttalam.
Shipping and logistics sector is a capital-intensive business in which both efficiency and network are important. Shreeji Shipping Global IPO is looking attractive for many investors, as the company’s business is directly linked to long-term demand. Dry bulk cargo, especially in India and Asia-Pacific region, can gain more demand in future.
Use of Proceeds From Shreeji Shipping Global IPO
An important factor in every IPO is how the company will use the money it is raising. In the case of Shreeji Shipping Global, there are three primary objectives.
First, the company is planning to buy Supramax category dry bulk carriers from the secondary market. This will increase both the company’s capacity and revenue generating ability. Secondly, some money will be used to pre-pay or repay existing borrowings, which will reduce the debt burden. Thirdly, the remaining amount will be used for general corporate purposes, which may include working capital and expansion possibilities.
Financial Performance: Shreeji Shipping Global IPO Insights
Financials always play a big role in investors’ decision making. Between 2024 and 2025, the company’s performance and business are mixed.
Revenue fell from Rs 736.17 crore in FY24 to Rs 610.45 crore in FY25, which is a decline of almost 17%. But one positive point was that the company’s profit after tax (PAT) increased from Rs 124.51 crore to Rs 141.24 crore, which shows a growth of 13%. Meaning, despite the fall in revenue, the company has improved its profitability, which points towards operational efficiency and cost management.
The company’s recent performance paints a mixed picture for investors. On the one hand, revenue has declined, which creates some concern. But on the other hand, the increase in profits shows that the company is managing its operations smartly and efficiently. If market conditions improve in the coming time, it is expected that revenue will become stable again and profits may become even stronger.
Final Thoughts On Shreeji Shipping Global IPO
Overall, Shreeji Shipping Global IPO looks like a balanced opportunity where short-term investors can look at listing gains however, for long-term investors, the company’s ability to improve its business model and profitability is a strong point. Listing gains are expected on a GMP basis, but every investor should take a decision based on his risk appetite and long-term strategy.
Disclaimer:
This article is for informational purposes only. The details given here are based on market data and publicly available information. This is not any kind of financial advice or investment recommendation. Investors should apply in IPO only after consulting their financial advisor.
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