Shreeji Shipping Global Limited IPO
The Company is a leading integrated shipping and logistics service provider for dry bulk cargo, operating across various ports and jetties in India and Sri Lanka. With over three decades of industry experience, it has built a strong presence in cargo handling, transportation, fleet chartering, equipment rentals, and ancillary port services. The Company is the flagship entity of the Jamnagar-based Shreeji Group, promoted by Ashokkumar Haridas Lal and Jitendra Haridas Lal, who together have more than 60 years of experience in the sector.
Business Model
The Company offers end-to-end shipping and logistics solutions under a business-to-business model, focusing primarily on non-major ports along the West Coast of India while also serving major ports and select international locations. Its integrated service model enables clients to access a single-window solution for multiple logistics needs, enhancing efficiency and customer satisfaction.
Service Offerings
1. Cargo Handling Services – Ship-to-Ship (STS) lightering, stevedoring, and other port services including cargo management.
2. Transportation – Port-to-premise and premise-to-port delivery for dry bulk cargo.
3. Fleet Chartering & Equipment Rentals – Chartering of vessels and provision of earthmoving equipment for cargo operations.
4. Other Operational Income – Includes sale of scrap and other sundry activities.
Client Base & Industry Focus
The Company serves customers in Oil & Gas, Energy & Power, FMCG, Coal, and Metal industries. It enjoys long-term relationships, with over 92% of FY25 revenue generated from existing clients, and multi-year associations with most of its top customers.
As of March 31, 2025, the Company has provided services at more than 20 ports and jetties, including Major Ports like Kandla, Non-Major Ports like Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar and International such as Puttalam Port, Sri Lanka. The Company has also offered fleet chartering services at ports in Guinea, West Africa.
Competitive Strengths
i) Prominent integrated shipping & logistics player with over three decades of experience.
ii) Strong operational capabilities with owned fleet and equipment.
iii) Proven track record of handling high cargo volumes.
iv) Focus on non-major ports with strategic locations along the West Coast.
v) Experienced promoters and a professional management team.
Objects of the Shreeji Shipping Global Limited IPO:
Shreeji Shipping Global Limited IPO Details:
Open Date: | Aug 19 2025 |
Close Date: | Aug 21 2025 |
Total Shares: | 1,62,98,000 |
Face Value: | ₹ 10 Per Equity Share |
Listing At: | NSE,BSE |
Promoters And Management:
Financials of Shreeji Shipping Global Limited IPO:
Particulars | FY 2024-25 | FY 2023-2024 | FY 2022-2023 |
Revenue from Operations | 607.60 | 731.00 | 826.90 |
EBITDA | 200.6 | 197.8 | 188.7 |
EBITDA Margins | 33.03% | 27.07% | 22.82% |
PAT | 141.2 | 124.5 | 118.88 |
PAT Margins | 23.24% | 17.03% | 14.38% |
ROCE | 28.09% | 35.33% | 38.06% |
Debt to Equity Ratio(In Times) | 0.75 | 0.5 | 0.69 |
Operating Cash Flows | 138.7 | 158.5 | 152.27 |
Comparison With Peers:
Lead Manager of Shreeji Shipping Global Limited IPO:
Registrar of Shreeji Shipping Global Limited IPO:
Discussion on Shreeji Shipping Global Limited IPO:
Leave a Reply
You must be logged in to post a comment.