IPO Details :
Feature | Detail |
Price Band | ₹108 to ₹113 per share |
Face Value | ₹10 per share |
Lot Size | 1200 shares |
Total Issue Size | ₹34.80 crore |
Issue Type | Book Built Issue IPO |
Listing Exchange | NSE SME |
About Shreeji Shipping Global :
Shreeji Shipping Global is engaged in providing shipping, logistics, and marine services to a diverse range of clients. With a focus on efficient cargo handling, timely deliveries, and sustainable operations, the company has built a strong reputation in the maritime industry. Its services cater to both domestic and international markets, with a modern fleet and a dedicated workforce.
Key Strengths :
• Strong Industry Presence: Well-established brand in the shipping and logistics domain.
• Fleet Expansion Plans: Funds from the IPO will be used to acquire new vessels and upgrade infrastructure.
• Diverse Client Base: Serving a wide range of industries including energy, manufacturing, and commodities.
• Operational Efficiency: Focus on cost-effective and timely delivery solutions.
Use of IPO Proceeds :
• Acquisition of new vessels to expand fleet capacity.
• Upgradation of existing infrastructure and technology.
• Working capital requirements.
• General corporate purposes.
Why Consider Investing :
The shipping industry plays a crucial role in global trade, and Shreeji Shipping Global is well-positioned to capitalize on increasing demand. With expansion plans, an experienced management team, and strong operational strategies, the IPO presents a promising opportunity for investors seeking exposure to the logistics sector.
Risks to Consider :
• Market Volatility: Shipping industry earnings are influenced by global economic conditions.
• Regulatory Compliance: Maritime industry is subject to strict regulations.
• Fuel Price Fluctuations: Can impact operational costs significantly.
Conclusion :
The Shreeji Shipping Global IPO offers an entry into a sector that is integral to both domestic and international trade. While the company’s growth prospects are strong, investors should weigh the risks before making their subscription decision. The listing on NSE SME makes it an attractive proposition for those looking to diversify their portfolios.
