Shreeji Shipping Global Ltd. IPO Details
Shreeji Shipping Global Ltd. IPO Details
1) Shreeji Shipping Global has 16.3 M shares on offer
2) Shreeji Shipping Global IPO offer price is in the range ₹240 - ₹252
3) Shreeji Shipping Global IPO minimum Investment is ₹13920
4) Shreeji Shipping Global IPO issue size is ₹ 3,911.5 M - ₹ 4,107.1 M
5) Shreeji Shipping Global has a minimum lot size of 58 Shares per application
6) Retail is for 35%
7) Revenue for F.Y. 24-25 at 607 Cr. and PAT at 141.2 Cr.
8) Object of the Issue
Acquisition of dry bulk carriers in the Supramax category in the secondary market
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the company General corporate purposes
9) About Shreeji Shipping Global
Shreeji Shipping Global was incorporated on June 14, 1995. The company provides shipping and logistics solutions for dry bulk cargo across ports and jetties in India and Sri Lanka. As of September 30, 2024, it operates a fleet of 75+ vessels and 380+ earthmoving equipment.
10) Fundamentals are very good. ROCE and ROE are at very good level which are above 25%- Considering all the above factors we consider this as APPLY.
11) Competitors are