Shreeji Shipping Global IPO GMP, Open Date, Price Band, DRHP Filed

Shreeji Shipping IPO GMP will be available once the IPO is open for subscription. Shreeji Shipping files DRHP to SEBI for its upcoming IPO. This IPO's open date is expected to be in the mid of May. This upcoming IPO is a book-built issue offering entirely a fresh issue of equity share. The company is offering up to 2 crore equity shares as a fresh issue, and there is no offer for sale included in this IPO.

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Shreeji Shipping IPO GMP

Shreeji Shipping IPO GMP has not yet started. The IPO GMP today indicates the interest of retail investors in the IPO. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Shreeji Shipping IPO GMP might rise in the coming days.

Shreeji Shipping IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are 10% or below the premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Shreeji Shipping IPO, GMP is expected to quote the initial ticks at a premium of 15% or above.

Shreeji Shipping IPO Open Date, Close Date

Shreeji Shipping IPO's open date and close date are expected to be in the mid of May. However, as of now, the open and close date has not yet been finalised.

Shreeji Shipping IPO Price Band

Shreeji Shipping IPO price band will be available soon. The minimum amount of investment for the retail category is will be under Rs 15,000, and for small HNI, the minimum investment will be under Rs 2,10,000.

Shreeji Shipping IPO Issue Size

Shreeji Shipping IPO issue size is up to 2 crore equity shares entirely as a fresh issue; there will be no offer for sale part included in this IPO. The total number of equity shares that will be issued in this IPO is 2 crores, whereas the total aggregate size of this IPO in rupees has not yet been disclosed.

Shreeji Shipping IPO Allotment Status

Shreeji Shipping IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Shreeji Shipping IPO Listing Date

Shreeji Shipping IPO's listing date will be available soon. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Shreeji Shipping IPO: Listing Date, Lot Size, Price Band

Shreeji Shipping Global Limited: About the Company

Shreeji Shipping Global Limited, established in 1995, is a Gujarat-based company focused on providing shipping and logistics solutions for dry bulk cargo.

With a fleet of over 75 vessels, including barges and tugboats, it operates primarily at non-major ports along India’s west coast, as well as in Sri Lanka and West Africa.

The company is known for expertise in handling various types of cargo, which offers efficient transportation and logistics services. Shreeji Shipping has established a strong presence at more than 20 ports, including key locations like Kandla and Navlakhi. 

Its commitment to safety, reliability, and customer satisfaction has made it a trusted partner in the shipping industry. With a focus on expanding its operational capabilities, Shreeji Shipping continues to adapt to the evolving needs of the market while maintaining high standards of service.

Shreeji Shipping IPO Objectives

Shreeji Shipping IPO's objective is to utilise the net proceeds for the acquisition of dry bulk carriers in the Supramax category from the secondary market (₹289.43 crores), repayment or prepayment of certain outstanding borrowings (₹19.51 crores), and general corporate purposes. (All the data mentioned in the paragraph are as per DRHP filed with SEBI by the company).

Shreeji Shipping IPO: Key Dates, Allotment, Listing Date

Shreeji Shipping Global Financials

Shreeji Shipping IPO Subscription Details, IPO Reservation

Shreeji Shipping IPO subscription details will be available soon. Shreeji Shipping IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

Shreeji Shipping IPO Lot Size Details

Shreeji Shipping IPO lot size will be revealed soon. The minimum amount of investment for the retail category is will be under Rs 15,000, and for small HNI, the minimum investment will be under Rs 2,10,000.

Shreeji Shipping IPO Promoter Holdings

Shreeji Shipping promoters are Ashokkumar Haridas Lal And Jitendra Haridas Lal. The promoters' shareholdings before the IPO were 93%; however, after the IPO, shareholdings will decline.

Shreeji Shipping IPO Registrar

Shreeji Shipping IPO registrar is Bigshare Services Private Limited. On the date of allotment, investors can visit the registrar's website, select the name of the company, and enter their PAN number or application ID to check the allotment status.

Shreeji Shipping IPO Lead Managers

Shreeji Shipping IPO lead manager(s) are Beeline Capital Advisors Private Limited and Elara Capital (India) Private Limited.

How to apply to the Shreeji Shipping IPO

Interested investors can apply to the Shreeji Shipping IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Shreeji Shipping IPO FAQ

1. What are the details of the Shreeji Shipping IPO?

Shreeji Shipping IPO is a book-built issue offering an entirely fresh issue of up to 2 crore equity shares.

2. When will the Shreeji Shipping IPO open and close?

Shreeji Shipping IPO's open date is expected to be in the mid of May. However, as of now, the open and close date has not yet been finalised.

3. What is Shreeji Shipping IPO GMP?

Shreeji Shipping IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Shreeji Shipping GMP will also rise.

4. How to check Shreeji Shipping IPO Allotment Status?

Shreeji Shipping IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

5. Who is the registrar and the lead managers for Shreeji Shipping IPO?

Shreeji Shipping IPO registrar is Bigshare Services Private Limited. On the date of allotment, investors can visit the registrar's website, select the name of the company, and enter their PAN number or application ID to check the allotment status. Whereas, the lead manager(s) of Shreeji Shipping IPO are Beeline Capital Advisors Private Limited and Elara Capital (India) Private Limited.

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