Shreeji Shipping Global is a leading provider of shipping and logistics solutions for dry bulk cargo in India, with over three decades of experience. The company, which operates as the flagship of the Jamnagar-based “Shreeji Group,” was founded by Ashokumar Haridas Lal and Jitendra Haridas Lal. Shreeji Shipping Global offers a comprehensive suite of services, including cargo handling (lightering, stevedoring), transportation, and equipment rentals.

As of March 31, 2025, the company had a fleet of more than 80 vessels and over 370 pieces of earthmoving equipment. While serving major ports, the company primarily focuses on non-major ports and jetties along India’s West Coast and Sri Lanka. Its integrated, single-window approach caters to various sectors, including Oil and Gas, Energy and Power, FMCG, and the Coal and Metal industries. For the fiscal year ending March 31, 2025, the company reported a revenue from operations of ₹ 6,076.13 million.

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• Integrated Service Provider: The Company is a prominent player offering integrated shipping and logistics solutions for dry bulk cargo in India.
• Strong Customer Relationships: It has established long-term relationships with institutional customers across key sectors.
• Proven Operational Capabilities: The Company possesses a proven track record in cargo handling, supported by its own fleet of vessels and equipment.

Experienced Leadership: Its growth and success are driven by experienced promoters and a committed management team

The Company SHREEJI SHIPPING GLOBAL IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Acquisition of Dry Bulk Carriers in Supramax category in the secondary market (₹ 18 Cr.)
• Repayment /pre-payment, in full or in part, of the certain outstanding borrowings availed by the Company (₹ 23 Cr.)
• General corporate purposes.

At the upper band of IPO ₹ 252, the stock is valued at 29.07 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.