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Shreeji Shipping Global gets SEBI’s go-ahead to raise funds through IPO

05 Jun 2025 Evaluate

Shreeji Shipping Global has received Securities and Exchange Board of India’s (SEBI) go-ahead to raise funds through initial public offering (IPO). The IPO is entirely a fresh issue of 2 crore equity shares.

The company is planning to use Rs 289.4 crore out of the IPO proceeds for acquisition of dry bulk carriers in the supramax category in the secondary market, and further use Rs 19.5 crore for repaying debt. Beeline Capital Advisors and Elara Capital (India) are the book-running lead managers to the issue. 

The flagship company of Jamnagar-based Shreeji Group primarily focuses on non-major ports and jetties, particularly along the west coast of India.  


Shreeji Ship.Global Share Price

345.95 -2.30 (-0.66%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 243.25
GE Shipping 1370.40
Dredging Corp 892.35
Seamec 1523.20
Shreeji Ship.Global 345.95
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