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  1. Shreeji Shipping Global share price: Stock debuts at over 7% premium on NSE; here's what investors earned

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Shreeji Shipping Global share price: Stock debuts at over 7% premium on NSE; here's what investors earned

Kamal Joshi

2 min read | Updated on August 26, 2025, 10:00 IST

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SUMMARY

Shreeji Shipping Global share price: The IPO was only a fresh issuance of shares aggregating to ₹410.71 crore. There was no offer for sale (OFS) component.

Shreeji Shipping Global focuses on non-major ports and jetties, mainly along the west coast of India. | Image: shreejishipping.in

Shreeji Shipping Global focuses on non-major ports and jetties, mainly along the west coast of India. | Image: shreejishipping.in

Shreeji Shipping Global share price: Shipping and logistics company Shreeji Shipping Global Ltd's shares listed at ₹270 apiece on the National Stock Exchange (NSE) on Tuesday, August 26. This reflects a premium of 7.14% over the IPO issue price of ₹252 per share.

On the BSE, the scrip started trading at ₹271.85, a premium of 7.88%.

Shreeji Shipping Global share price: Here's how much investors gained

A lot consisted of 58 shares. Investors who received the Shreeji Shipping Global IPO allotment made ₹15,660 per lot.

The initial public offering was subscribed 58.10 times. It received bids for 66,28,01,380 shares compared to 1,14,08,600 shares on offer, according to the National Stock Exchange (NSE) data.

The qualified institutional buyers (QIBs) quota received a whopping 110.41 times subscription. The portion for non-institutional investors attracted 72.70 times subscription, while the part for retail individual investors, or RIIs, got subscribed 21.94 times.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers32,59,60035,99,07,922110.41
Non-Institutional Investors24,44,70017,77,39,43472.70
Retail Investors57,04,30012,51,54,02421.94
Total1,14,08,60066,28,01,38058.10

The initial share sale was only a fresh issuance of shares aggregating to ₹410.71 crore. There was no offer for sale (OFS) component.

The company has set aside ₹251.18 crore to acquire dry bulk carriers in Supramax category in the secondary market, and ₹23 crore has been reserved for debt repayment. A portion will also be utilised for general corporate purposes.

"We expect to receive the benefits of the listing of the equity shares on the stock exchanges, which include enhancement of our company’s visibility and brand image and creation of a public market for our equity shares in India, among others," the firm said in its RHP.

Shreeji Shipping Global focuses on non-major ports and jetties, mainly along the west coast of India.

Beeline Capital Advisors Pvt Ltd and Elara Capital (India) Pvt Ltd were the book-running lead managers of the IPO.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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