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Shreeji Shipping Global IPO: Allotment Status & Latest GMP Today

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Shreeji Shipping Global IPO: Allotment Status & Latest GMP Today
22 Aug 2025
5 min read

News Synopsis

The Shreeji Shipping Global IPO allotment is expected to be finalised today, August 22, 2025, following strong investor response. The ₹410.71 crore public offering, priced at ₹240–₹252 per share with a lot size of 58, was oversubscribed 58 times, with highest demand from QIBs (110.41x), followed by NIIs (72.7x) and retail investors (21.94x).

Investors can check the allotment status on BSE, NSE, or Bigshare Services websites. In the grey market, shares are trading around ₹290, showing a GMP of ₹38 (15%) over the upper IPO price. The IPO is scheduled to list on BSE and NSE on August 26, 2025, with Shreeji Shipping Global operating across 20+ ports and jetties in India & Sri Lanka, managing a fleet of 83 vessels and 376 earthmoving machines.
Shreeji Shipping Global IPO Allotment Update

Shreeji Shipping Global IPO Allotment Update

The basis of allotment for Shreeji Shipping Global IPO is expected to be finalised today, Friday, August 22, 2025. The IPO, offered by the shipping and logistics company, received overwhelming investor interest, closing on Thursday, August 21, 2025, with oversubscription of over 58 times.

Investors can check the allotment status online via official platforms:

Subscription Details of Shreeji Shipping Global IPO

The public issue of Shreeji Shipping Global raised ₹410.71 crore at a price band of ₹240–₹252 per share, with a lot size of 58 shares. The IPO received bids for 66,28,01,380 shares against 1,14,08,600 shares offered, resulting in an oversubscription of 58.10 times.

Breakdown by investor category:

  • Qualified Institutional Buyers (QIBs): 110.41 times oversubscribed

  • Non-Institutional Investors (NIIs): 72.70 times oversubscribed

  • Retail Investors: 21.94 times oversubscribed

The strong subscription reflects high market confidence in Shreeji Shipping Global’s business operations and growth prospects.

Shreeji Shipping Global IPO Grey Market Premium (GMP)

In the grey market, the unlisted shares of Shreeji Shipping Global are trading at a significant premium. Reports indicate a trading price of around ₹290 per share, reflecting a grey market premium (GMP) of ₹38, or 15.08% above the upper end of the IPO price band.

Investors often track GMP as an informal indicator of listing sentiment, but it is unregulated and should not be considered a guaranteed predictor of listing performance.

Expected Listing and Price Forecast

The shares of Shreeji Shipping Global are scheduled to list on the BSE and NSE on Tuesday, August 26, 2025.

Based on current grey market trends, the IPO is likely to list around ₹290 per share, potentially yielding a return of over 15% for investors who applied. However, actual listing prices can vary depending on market conditions at the time of trading.

About Shreeji Shipping Global

Shreeji Shipping Global Ltd (SSG) provides shipping and logistics solutions for dry bulk cargo across India and Sri Lanka.

Key operations and assets include:

  • Services at more than 20 ports and jetties

  • A fleet of 83 vessels, including barges, mini bulk carriers, tugboats, and floating cranes

  • 376 earthmoving equipment units, such as material handling machines, excavators, and pay loaders

As of March 2025, SSG has established a strong presence in the regional shipping and logistics industry, catering to both domestic and international clients.

How to Check IPO Allotment Status

Investors can follow these steps to check their allotment status:

  1. Visit the BSE, NSE, or Bigshare Services official websites.

  2. Enter your PAN number or application number.

  3. Verify whether shares have been allotted.

Early allotment updates are crucial for investors planning to track listing performance or make secondary market decisions.

Conclusion

The Shreeji Shipping Global IPO has witnessed strong demand, reflecting investor confidence in the company’s shipping and logistics operations. With oversubscription across QIB, NII, and retail categories, the IPO demonstrates robust market interest.

Grey market trends indicate a healthy premium, suggesting positive listing prospects. Scheduled listing on August 26, 2025, will provide investors with the first opportunity to trade shares on BSE and NSE.

Shreeji Shipping Global’s IPO serves as a noteworthy event in the Indian logistics and shipping sector, offering both seasoned and retail investors a chance to participate in a rapidly growing industry.

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