Shreeji Shipping Global shares make moderate debut, list at 8% premium over IPO price

Shreeji Shipping Global share price made a moderate debut on Indian stock market. The shares listed at at ₹271.85 on the BSE on Tuesday, August 26, reflecting a premium of nearly 8 per cent over the IPO price of ₹ 252 apiece.

The company’s shares debuted on the NSE at ₹270 each, reflecting a 7.14 per cent premium over the IPO price. The company made its debut with a market capitalization exceeding ₹4,428.93 crore.

“The Indian Shipping and Logistics company, Shreeji Shipping Ltd., successfully listed its IPO on the stock exchange on August 26, 2025. The share price opened up nearly 7% from the issue price of ₹252. Shreeji is a well established integrated shipping and logistics company, with over 30 years of experience, and retains a significant market share of minor ports on the west coast of India. The Shreeji business model, strategically designed around asset ownership and operational control, combined with the company’s 376 earth-moving machines, and 83 ships, provides competitive moats for the companies activities. As Shreeji enjoys an established market position, rising margins, and the potential for growth, the firm is a strategic exposure for investors looking for the logistics transformation story in India which should still have a long tail. SREJ offers investors long-term exposure to the growth of Logistics in India, and the upside potential on future AI integrations and current succession plans,” said brokerage firm Master Capital Services.

Shreeji Shipping Global IPO details

Shreeji Shipping Global’s IPO was open for subscription from August 19 to 21. The IPO attracted robust investor demand during its three-day public offering, receiving subscriptions over 58 times.

The company set a price band of ₹240-252 per share, with investors required to bid for a minimum of 58 shares per lot and in multiples thereafter.

The IPO comprised a completely fresh issue of 1.63 crore equity shares, with no offer for sale (OFS) component included.

The company intends to allocate ₹251.2 crore from the IPO proceeds towards acquiring supramax category dry bulk carriers in the secondary market and ₹23 crore towards debt repayment.

Shreeji Shipping Global offers shipping and logistics solutions for dry bulk cargo and operates across multiple ports and jetties in India and Sri Lanka. As the flagship company of the Jamnagar-based Shreeji Group, it mainly concentrates on non-major ports and jetties, especially along India’s west coast.

 

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