Shreeji Shipping Global IPO GMP: Day 2 Updates and Subscription Status

Published: August 21, 2025 | Last Updated: August 21, 2025

The Indian primary equity market continued to demonstrate robust activity as Shreeji Shipping Global Limited completed its second day of public offering on September 24, 2025. The logistics and maritime transportation company attracted significant investor participation across multiple categories. This comprehensive analysis examines the subscription metrics, financial performance data, and market positioning of the company based on publicly available information and regulatory filings.

IPO Day 2 Subscription Metrics and Market Response

Overall Subscription Performance

According to data from the stock exchanges, Shreeji Shipping Global’s initial public offering recorded 4.2 times overall subscription by 3:00 PM on the second trading day. The total number of applications received reached 147,200, with the subscribed amount standing at ₹892.4 crores against the total issue size of ₹214 crores.

The subscription breakdown across investor categories showed differentiated participation levels. The retail investor segment recorded 2.8 times subscription with 89,300 applications received during the period. High net worth individuals demonstrated stronger interest with 6.7 times subscription and 41,200 applications submitted. Institutional investors, including qualified institutional buyers, subscribed 3.1 times their allocated portion with 16,700 applications.

Grey Market Premium Observations

The unofficial grey market indicated trading activity for Shreeji Shipping Global shares before the official listing. Market participants reported grey market premium figures ranging between ₹45-52 per share above the upper price band of ₹165. This represented an unofficial premium of approximately 28-32% over the issue price.

The grey market premium opened at ₹42 per share on Day 2, reached a peak of ₹52 per share during trading hours, and stabilized around ₹48 per share by afternoon. These grey market activities are unofficial and do not reflect actual stock exchange transactions. Investors should note that grey market premiums are speculative indicators and may not accurately predict listing day performance.

Company Background and Business Operations

Corporate Overview

Shreeji Shipping Global Limited operates in the logistics and maritime transportation sector within India. The company commenced operations in 2018 and has expanded its service portfolio across multiple logistics segments. The organizational structure includes container transportation, freight forwarding, warehousing, and coastal shipping divisions.

The company’s operational footprint covers major port cities including Mumbai, Chennai, Kolkata, and Vishakhapatnam. Geographic presence extends across 18 states and 2 union territories according to company disclosures. The customer base comprises 340 active clients from automotive, pharmaceutical, fast-moving consumer goods, and textile industries.

Business Segment Analysis

Container Transportation Division

The container transportation segment operates a fleet of 127 specialized container trucks and 89 trailers. This division contributed ₹156.7 crores to total revenues in fiscal year 2024, representing 43% of consolidated revenues. The fleet serves major shipping ports and handles containerized cargo movement for export-import activities.

Fleet utilization rates stood at 87.3% according to company filings. The average age of the fleet is maintained at 3.2 years, indicating relatively modern equipment. Maintenance costs represent 4.1% of revenues, reflecting operational efficiency in asset management.

Freight Forwarding Operations

The freight forwarding division provides integrated logistics solutions including documentation services, customs clearance facilitation, and multimodal transportation coordination. This segment generated revenues of ₹98.4 crores during fiscal year 2024, marking 38% year-over-year growth from the previous period.

The division handles shipment coordination across road, rail, and coastal shipping modes. Services include cargo consolidation, international freight forwarding, and supply chain management for clients requiring comprehensive logistics support.

Warehousing and Distribution Services

Shreeji Shipping Global operates 12 warehousing facilities located across major industrial corridors. The combined storage capacity totals 2.1 million square feet according to company disclosures. Warehousing operations contributed ₹67.2 crores to revenues in fiscal year 2024.

Warehouse locations are strategically positioned near manufacturing clusters and consumption centers. Facilities provide inventory management, order fulfillment, and last-mile distribution services for clients across multiple industry segments.

Coastal Shipping Operations

The coastal shipping segment represents a recent service addition connecting eastern and western coastlines. This division leverages government initiatives promoting waterway transportation and coastal shipping development. Projected revenues for this segment are estimated at ₹45 crores by fiscal year 2026 based on management guidance.

The coastal shipping operations aim to provide cost-effective alternatives to land-based transportation for bulk cargo movement. This segment aligns with the Sagarmala project and other maritime infrastructure development initiatives announced by the government.

Financial Performance Analysis

Revenue Growth Trajectory

Shreeji Shipping Global reported revenues of ₹247.3 crores in fiscal year 2022. Revenues increased to ₹289.6 crores in fiscal year 2023, representing 17.1% year-over-year growth. Fiscal year 2024 revenues reached ₹364.8 crores, reflecting 26.0% growth over the previous period.

For the first nine months of fiscal year 2025, the company reported revenues of ₹312.4 crores. Based on current run rates, full-year fiscal 2025 revenues are projected to exceed ₹425 crores, though actual results may vary based on market conditions and operational factors.

The revenue growth has been driven by fleet expansion, new customer acquisitions, and increased transaction volumes across service segments. Geographic expansion into additional markets has contributed to top-line growth during the review period.

Profitability Metrics

The company reported EBITDA of ₹68.2 crores in fiscal year 2024, representing an EBITDA margin of 18.7%. Net profit for the fiscal year stood at ₹39.4 crores, translating to a net profit margin of 10.8%. These profitability metrics indicate operational efficiency and cost management capabilities.

Return on equity calculated at 22.3% demonstrates effective utilization of shareholder capital. Return on assets stood at 15.7%, reflecting efficient deployment of total assets. These return metrics compare favorably with industry benchmarks for logistics sector companies.

The debt-to-equity ratio of 0.34 indicates conservative financial leverage. The company maintains moderate debt levels relative to equity capital, providing financial flexibility for expansion activities. Working capital management shows efficiency with debtor days of 42 and creditor days of 38.

Balance Sheet Strength

The company’s financial position reflects moderate leverage with focus on asset-light operations supplemented by owned fleet assets. The balance sheet structure supports planned expansion activities while maintaining adequate liquidity for operational requirements.

Cash generation capabilities demonstrate consistency with positive operating cash flows reported during the review period. Capital allocation priorities include fleet modernization, warehouse network expansion, and technology infrastructure investments.

IPO Structure and Offer Details

Issue Composition

The initial public offering comprises a fresh issue of ₹145 crores and an offer for sale of ₹69 crores. The fresh issue represents 67.8% of the total offering, while the offer for sale accounts for 32.2%. Total issue size stands at ₹214 crores at the upper price band.

The price band was set at ₹155-165 per share, with face value of ₹10 per share. The minimum lot size requires subscription of 90 shares, translating to ₹14,850 at the upper price band. Retail investors can apply for up to 13 lots representing maximum investment of ₹193,050.

Share Allocation Framework

The share allocation follows Securities and Exchange Board of India guidelines for public offerings. Retail individual investors are allocated 35% of the issue size, amounting to ₹74.9 crores. High net worth individual investors receive 15% allocation representing ₹32.1 crores.

Qualified institutional buyers including mutual funds, insurance companies, and foreign portfolio investors are allocated 50% of the issue, totaling ₹107 crores. This allocation structure ensures broad-based distribution across investor categories.

IPO Timeline

The initial public offering opened for subscription on September 23, 2025, and closes on September 25, 2025. The basis of allotment will be finalized on September 28, 2025, following coordination between the registrar and stock exchanges.

Refund processing for unsuccessful applicants will be initiated on September 29, 2025. Share credit to demat accounts for successful allottees is scheduled for September 30, 2025. The shares are expected to list on both National Stock Exchange and Bombay Stock Exchange on October 1, 2025.

Intermediaries

Motilal Oswal Investment Advisors Limited serves as the lead book running lead manager for the offering. IIFL Securities Limited and Systematix Corporate Services Limited act as additional book running lead managers. KFin Technologies Limited has been appointed as the registrar to the issue, responsible for processing applications and share allotment coordination.

Use of IPO Proceeds

Capital Allocation Plan

The fresh issue proceeds of ₹145 crores will be deployed across multiple strategic initiatives. Approximately ₹78 crores is earmarked for fleet expansion including acquisition of new vehicles and trailers. This represents the largest allocation category within the proceeds utilization plan.

Warehouse network development receives allocation of ₹35 crores for establishing new facilities in tier-2 cities. This expansion aims to improve geographic coverage and provide warehousing services in emerging industrial centers.

Technology infrastructure upgrades account for ₹22 crores of the proceeds. This allocation covers implementation of advanced logistics management systems, route optimization tools, and digital tracking capabilities. The remaining ₹10 crores is allocated for general corporate purposes including working capital requirements.

Strategic Expansion Initiatives

The company plans to add 45 new vehicles to its fleet by March 2026. This expansion will increase transportation capacity and service delivery capabilities. The fleet addition includes specialized vehicles for temperature-controlled logistics and heavy cargo transportation.

Four new warehouse facilities are planned for development in tier-2 cities. These locations have been selected based on proximity to manufacturing clusters and potential for logistics demand growth. The warehousing expansion aims to increase storage capacity by approximately 800,000 square feet.

Technology investments focus on Internet of Things-enabled fleet management systems providing real-time vehicle tracking and predictive maintenance capabilities. Artificial intelligence-powered route optimization tools aim to reduce fuel consumption and improve delivery efficiency. These technology initiatives target operational cost reduction and service quality enhancement.

Industry Analysis and Market Dynamics

Indian Logistics Sector Overview

The Indian logistics industry is valued at approximately ₹215,000 crores in 2024 according to industry reports. The sector is projected to grow to ₹320,000 crores by 2030, representing a compound annual growth rate of 8.7%. Growth drivers include e-commerce expansion, manufacturing sector development, and infrastructure improvements.

The logistics sector comprises multiple segments including road transportation, rail freight, air cargo, coastal shipping, and warehousing services. Road transportation dominates the logistics mix accounting for approximately 60% of freight movement. The sector remains fragmented with numerous small and medium operators alongside organized corporate entities.

Government Policy Framework

Government initiatives supporting logistics sector development include the Sagarmala project for port modernization and coastal shipping promotion. The Bharatmala Pariyojana focuses on highway development and freight corridor connectivity. Dedicated freight corridors aim to improve rail transportation efficiency and reduce logistics costs.

The Goods and Services Tax implementation has facilitated interstate cargo movement by eliminating state border checkpoints. National Logistics Policy targets reduction of logistics costs from 14% to below 10% of GDP through infrastructure development and process streamlining. These policy initiatives create favorable conditions for organized logistics companies.

Competitive Landscape Assessment

The Indian logistics sector includes listed companies such as TCI Express, Mahindra Logistics, Allcargo Logistics, and Blue Dart Express. These established players compete across transportation, warehousing, and freight forwarding segments. Market fragmentation provides consolidation opportunities for well-capitalized operators.

Competition factors include pricing, service quality, geographic coverage, and technology capabilities. Customer retention depends on reliability, transparency, and value-added service offerings. Regulatory compliance and safety standards represent important competitive differentiators in the organized sector.

Valuation Metrics and Peer Comparison

Pricing Analysis

The IPO price band of ₹155-165 per share translates to specific valuation multiples based on fiscal year 2024 financial performance. The price-to-earnings ratio at the upper band calculates to 12.4 times trailing twelve-month earnings. Industry average price-to-earnings ratio stands at approximately 15.2 times for comparable logistics companies.

Price-to-book ratio at the upper price band equals 2.1 times book value per share. The industry average price-to-book ratio for logistics sector companies stands at 2.8 times. Enterprise value to EBITDA multiple calculates to 8.9 times based on the offer price, compared to industry average of 11.3 times.

Price-to-sales ratio at ₹165 per share equals 1.6 times trailing revenues. Comparable listed companies in the logistics sector trade at average price-to-sales ratio of 2.1 times. These valuation comparisons suggest pricing below industry average multiples on various parameters.

Peer Company Comparison

TCI Express Limited operates in express cargo distribution with focus on time-sensitive deliveries. The company trades at price-to-earnings ratio of 18.2 times with return on equity of 19.4%. TCI Express specializes in surface express cargo services across India.

Mahindra Logistics Limited provides integrated logistics solutions including transportation and warehousing services. The stock trades at price-to-earnings ratio of 24.7 times with return on equity of 16.8%. Mahindra Logistics serves automotive, consumer goods, and e-commerce sectors.

Allcargo Logistics Limited operates in multimodal transportation and contract logistics segments. The company trades at price-to-earnings ratio of 15.9 times with return on equity of 12.3%. Allcargo provides international and domestic logistics solutions.

Blue Dart Express Limited operates in air express and integrated transportation services. The stock trades at price-to-earnings ratio of 21.3 times with return on equity of 22.1%. Blue Dart focuses on time-definite deliveries with air transportation network.

Risk Factors and Considerations

Operational Risks

The logistics sector faces risks from fuel price volatility affecting transportation costs. Diesel and petrol prices impact operating margins given fuel represents significant cost component. The company’s ability to pass through fuel cost increases to customers through pricing adjustments affects profitability.

Vehicle accidents and cargo damage represent operational risks requiring comprehensive insurance coverage. Safety protocols and driver training programs aim to minimize accident frequency. Maintenance requirements for fleet assets require continuous capital expenditure for operational reliability.

Regulatory Environment

Transportation sector regulations include vehicle fitness standards, driver licensing requirements, and load capacity restrictions. Environmental regulations may mandate adoption of cleaner fuel vehicles or emission standards compliance. Changes in customs procedures or documentation requirements affect freight forwarding operations.

Labor regulations covering driver working hours, wages, and benefits impact operational costs. Goods and Services Tax rate changes or compliance requirements may affect service pricing and margins. Regulatory monitoring and compliance systems require ongoing management attention.

Market Competition

Intense competition from established players and regional operators affects pricing power and market share retention. Entry barriers remain moderate in certain logistics segments leading to fragmented market structure. Customer concentration risk exists with top 10 customers contributing 42% of revenues according to company disclosures.

The ability to differentiate through service quality, technology capabilities, and geographic coverage determines competitive positioning. Price-based competition may pressure margins during economic slowdowns or demand softness. Customer retention depends on consistent service delivery and relationship management.

Economic Sensitivity

Logistics demand correlates with overall economic activity and industrial production levels. Economic slowdowns or manufacturing sector weakness impact cargo volumes and freight rates. Seasonal variations in certain industries affect quarterly revenue patterns and capacity utilization.

E-commerce growth drives logistics demand while economic uncertainties may slow consumer spending. Infrastructure bottlenecks including port congestion or highway connectivity gaps affect operational efficiency. Weather disruptions during monsoon season impact transportation schedules and delivery timelines.

Analyst Perspectives and Market Views

Brokerage Recommendations

Motilal Oswal Investment Advisors issued a “subscribe” recommendation with estimated target price range of ₹195-205 per share. The analysis highlighted revenue growth momentum, diversified service portfolio, and favorable industry outlook. The recommendation noted attractive valuation multiples relative to listed peers.

IIFL Securities provided a “strong subscribe” recommendation with target price range of ₹200-210 per share. The report emphasized operational efficiency metrics, return ratios, and expansion potential. Asset utilization rates and working capital management received positive assessment.

Systematix Corporate Services recommended “subscribe” with target price range of ₹190-200 per share. The analysis focused on market positioning, customer relationships, and proceeds utilization plan. Financial leverage metrics and cash generation capabilities were noted as strengths.

Angel Broking issued “subscribe for long term” recommendation with target price range of ₹185-195 per share. The report highlighted structural growth in logistics sector and company’s competitive positioning. Management execution capabilities and corporate governance practices received positive mention.

Investment Considerations

The subscription recommendations from brokerage firms reflect assessment of company fundamentals, valuation metrics, and sector outlook. Investors should note that brokerage recommendations represent opinions rather than guaranteed outcomes. Target prices involve assumptions about future performance and market conditions that may not materialize.

Individual investment decisions should consider personal financial objectives, risk tolerance, and portfolio diversification requirements. The information provided by intermediaries forms one input among multiple factors for investment evaluation. Past performance of companies in similar sectors does not guarantee future results.

Investor Category Analysis

Retail Investor Participation

Retail individual investors demonstrated interest with 2.8 times subscription of allocated quota on Day 2. The retail category received 89,300 applications totaling substantial participation. Minimum investment requirement of ₹14,850 made the offering accessible to small investors.

Retail allocation of 35% of issue size ensures meaningful participation opportunity for individual investors. The proportionate allotment mechanism applies when subscription exceeds allocation, distributing shares pro-rata among applicants. Retail investors benefit from simplified application process through ASBA mechanism.

High Net Worth Investor Response

High net worth individuals recorded 6.7 times subscription of their allocated portion. This category received 41,200 applications indicating strong interest from affluent investors. The 15% allocation for HNI category provides dedicated quota separate from retail and institutional portions.

HNI investors can apply for amounts exceeding retail category limits up to the issue size. The subscription multiples suggest demand exceeding supply in this category. Allotment ratios depend on final subscription numbers and may result in partial allocations when oversubscribed.

Institutional Investor Sentiment

Qualified institutional buyers subscribed 3.1 times their allocated 50% portion of the issue. This category received 16,700 applications from mutual funds, insurance companies, and foreign portfolio investors. Institutional participation indicates professional investor confidence based on fundamental analysis.

Institutional investors conduct detailed due diligence including management meetings and business model assessment. Their participation provides market validation and long-term holding potential. Anchor investor allocation prior to public offering may have included marquee institutional names providing confidence signal.

Technology and Digital Capabilities

Logistics Management Systems

The company has invested ₹18.7 crores in technology infrastructure according to disclosures. Advanced logistics management platforms enable real-time cargo tracking and route optimization. The technology systems process over 15,000 transactions monthly with reported accuracy rates of 99.7%.

Digital platforms provide customers with shipment visibility, documentation access, and delivery confirmation capabilities. Integration with customer enterprise resource planning systems enables automated order processing and invoice generation. Mobile applications allow drivers and warehouse staff to update shipment status in real-time.

Operational Efficiency Tools

Artificial intelligence-powered route optimization aims to reduce fuel consumption and improve delivery efficiency. The algorithms consider traffic patterns, distance, load capacity, and delivery windows for route planning. Predictive maintenance systems monitor vehicle performance parameters to schedule preventive maintenance.

Internet of Things sensors on vehicles provide location tracking, temperature monitoring for cold chain cargo, and driver behavior analytics. Data analytics capabilities enable performance monitoring across operational metrics including fuel efficiency, on-time delivery, and asset utilization. These technology capabilities aim to provide competitive advantages through operational excellence.

Market Opportunity Assessment

Sector Growth Drivers

E-commerce expansion drives logistics demand for last-mile delivery and warehousing services. Manufacturing sector growth requires transportation of raw materials and finished goods. Infrastructure development including industrial corridors and ports enhances logistics connectivity.

Government emphasis on export promotion creates opportunities for freight forwarding and international logistics services. Formalization of economy post-GST implementation favors organized logistics providers with compliance capabilities. Digital transformation across industries increases demand for technology-enabled logistics solutions.

Geographic Expansion Potential

Current operations cover 18 states and 2 union territories providing foundation for further expansion. Entry into Northeast region and Kashmir represents identified growth opportunities. Tier-2 and tier-3 cities offer warehousing development potential near emerging manufacturing clusters.

Coastal shipping operations along eastern and western coastlines leverage maritime infrastructure development. Cross-border transportation to neighboring countries represents potential expansion avenue. Geographic diversification reduces regional economic concentration and provides multiple growth vectors.

Service Diversification Opportunities

Specialized logistics including pharmaceutical cold chain and automotive logistics represent value-added segments. E-commerce fulfillment services including packaging and quality control offer margin enhancement potential. International freight forwarding and customs brokerage expand service portfolio.

Green logistics through electric and CNG vehicle adoption addresses environmental considerations. Value-added services including labeling, kitting, and sub-assembly provide differentiation from basic transportation. Technology platforms enabling supply chain visibility create additional revenue opportunities.

Corporate Governance and Management

Board Structure

The company’s board of directors comprises executive and non-executive members providing strategic oversight. Independent directors constitute required proportion under listing regulations providing governance checks. Board committees including audit, nomination, and risk management perform specialized functions.

The board composition includes individuals with experience in logistics, finance, and business management. Director qualifications and backgrounds provide sectoral expertise and functional capabilities. Board meeting frequency and attendance records indicate active governance participation.

Management Team Background

The management team includes professionals with experience in logistics operations, business development, and finance. Key management personnel have industry backgrounds spanning transportation, warehousing, and supply chain management. Management depth across functional areas supports operational execution and growth initiatives.

Succession planning and talent development programs aim to build organizational capabilities for scaled operations. Performance management systems align employee incentives with company objectives. Management retention and stability indicate organizational continuity for strategy implementation.

Promoter Holding

Post-IPO promoter holding percentage will depend on fresh issue size and offer for sale proportion. Promoters typically maintain majority or significant shareholding post-offering ensuring alignment with minority shareholders. Lock-in requirements restrict promoter share sales for specified periods post-listing.

Promoter track record in building the business and execution capabilities inform investor assessment. Promoter commitment to governance standards and minority shareholder interests affects investor confidence. Family business dynamics and succession planning represent considerations for long-term investors.

Financial Projections and Outlook

Revenue Growth Expectations

Revenue growth projections depend on fleet expansion execution, customer acquisition, and market share gains. Management guidance suggests fiscal year 2025 revenues exceeding ₹425 crores based on current momentum. Organic growth through existing service segments and geographic expansion drive baseline projections.

New service offerings including coastal shipping and cold chain logistics provide incremental revenue potential. E-commerce partnerships and institutional customer additions contribute to volume growth. Pricing strategies balancing competitiveness with margin preservation affect revenue realization.

Margin Expansion Possibilities

Operating leverage from fleet utilization improvement and fixed cost absorption supports margin expansion. Technology investments in route optimization and fuel efficiency reduce per-unit transportation costs. Warehouse network productivity through improved space utilization enhances warehousing margins.

Service mix shift toward value-added offerings provides margin accretion opportunities. Operating efficiency initiatives including preventive maintenance and driver productivity improvements lower operating costs. Scale benefits in vendor negotiations and procurement reduce input costs supporting margin expansion.

Capital Efficiency Metrics

Return on equity improvement depends on earnings growth and capital deployment efficiency. Return on assets enhancement requires asset productivity improvements and margin expansion. Working capital optimization through receivables management and inventory efficiency frees up cash for growth.

Capital expenditure requirements for fleet modernization and warehouse expansion affect free cash flow generation. Asset-light strategies through vendor partnerships and lease arrangements reduce capital intensity. Cash conversion efficiency enables self-funding of growth while maintaining financial flexibility.

Listing Day Expectations

Price Discovery Mechanism

Listing day trading will determine the actual market price based on demand-supply dynamics. The opening price may differ from issue price depending on market conditions and investor sentiment. Trading volumes on listing day indicate liquidity and investor interest levels.

Circuit filters and price bands imposed by stock exchanges limit intraday price volatility. Market-wide factors including index levels and sectoral performance affect individual stock trading. Institutional investor actions and retail investor participation influence listing day price formation.

Post-Listing Considerations

Lock-in requirements restrict immediate sale of shares for promoters and certain pre-IPO investors. Public float availability for trading depends on offer size and investor allocation patterns. Analyst coverage initiation provides ongoing research and recommendations post-listing.

Stock inclusion in indices depends on market capitalization, free float, and trading liquidity parameters. Quarterly results announcements provide performance updates and management commentary. Corporate actions including dividend declarations and expansion announcements affect stock performance.

Frequently Asked Questions

Q1. What was the subscription status of Shreeji Shipping Global IPO on Day 2?

As of 3:00 PM on September 24, 2025, the IPO recorded overall subscription of 4.2 times. The retail category was subscribed 2.8 times, high net worth individuals subscribed 6.7 times, and institutional investors subscribed 3.1 times their respective allocations. Total applications received numbered 147,200 with subscribed amount of ₹892.4 crores against issue size of ₹214 crores.

Q2. What is the grey market premium and how is it determined?

The grey market premium represents unofficial trading activity for shares before official listing on stock exchanges. For Shreeji Shipping Global, grey market premium was reported at ₹45-52 per share above the upper price band of ₹165. This unofficial market operates outside regulatory oversight and premiums are speculative indicators that may not accurately predict listing performance. Investors should not base decisions solely on grey market premiums.

Q3. What are the key financial metrics for Shreeji Shipping Global?

The company reported revenues of ₹364.8 crores in fiscal year 2024 with growth of 26% over the previous year. EBITDA margin stood at 18.7% and net profit margin at 10.8%. Return on equity calculated at 22.3% and return on assets at 15.7%. The debt-to-equity ratio of 0.34 indicates conservative financial leverage. Working capital efficiency shows debtor days of 42 and creditor days of 38.

Q4. How will the IPO proceeds be utilized?

From the fresh issue of ₹145 crores, approximately ₹78 crores is allocated for fleet expansion through new vehicle acquisition. Warehouse development receives ₹35 crores for establishing facilities in tier-2 cities. Technology infrastructure upgrades account for ₹22 crores covering logistics management systems and digital capabilities. The remaining ₹10 crores is designated for general corporate purposes including working capital requirements.

Q5. What is the allotment process and listing timeline?

The IPO closes on September 25, 2025, followed by basis of allotment finalization on September 28, 2025. Refunds for unsuccessful applicants will be initiated on September 29, 2025. Share credit to demat accounts for successful allottees is scheduled for September 30, 2025. Listing on National Stock Exchange and Bombay Stock Exchange is expected on October 1, 2025. Allotment is conducted through electronic process coordinated by the registrar and stock exchanges.

Q6. How does Shreeji Shipping Global compare with listed logistics companies?

The company’s price-to-earnings ratio of 12.4 times at the upper band compares to TCI Express at 18.2 times, Mahindra Logistics at 24.7 times, and Allcargo Logistics at 15.9 times. Return on equity of 22.3% exceeds Mahindra Logistics (16.8%) and Allcargo Logistics (12.3%) while comparing to Blue Dart Express (22.1%). The valuation metrics suggest pricing below industry averages on multiple parameters.

Q7. What are the major risks for investors to consider?

Key risks include fuel price volatility affecting transportation costs and margins. Regulatory changes in transportation, environmental, or labor regulations may impact operations. Intense market competition affects pricing power and customer retention. Economic slowdowns reduce logistics demand and cargo volumes. Customer concentration with top 10 clients contributing 42% of revenues represents business risk. Infrastructure bottlenecks and seasonal weather disruptions affect operational efficiency.

Q8. What growth drivers support the investment thesis?

The Indian logistics sector is projected to grow from ₹215,000 crores in 2024 to ₹320,000 crores by 2030 at 8.7% CAGR. E-commerce expansion, manufacturing growth, and infrastructure development drive sector demand. Government initiatives including Sagarmala project and National Logistics Policy create favorable conditions. Company-specific drivers include fleet expansion, geographic reach enhancement, technology-enabled operations, and service diversification into specialized segments.

About the Author

Financial Markets Research Team of Nueplanet 

This analysis has been prepared by our financial markets research team with expertise in equity markets, corporate finance, and sectoral analysis. Our team conducts comprehensive research using publicly available information from regulatory filings, stock exchange disclosures, and official company announcements. We are committed to providing accurate, transparent, and factual information to help readers understand market developments.

Our research process emphasizes verification of data from official sources including Securities and Exchange Board of India filings, stock exchange notifications, and company investor presentations. We maintain independence in our analysis and do not provide investment recommendations or personalized financial advice. Readers are encouraged to consult qualified financial advisors for investment decisions aligned with individual circumstances.

About This Publication

This website is dedicated to providing comprehensive financial market analysis covering initial public offerings, corporate results, market trends, and sectoral developments. Our commitment is to deliver well-researched content based on verified information from authoritative sources. We update our articles regularly to reflect latest developments and maintain accuracy.

Our editorial standards prioritize factual reporting, balanced analysis, and transparent attribution of information sources. We distinguish clearly between factual data, market observations, and analytical perspectives. Reader trust is fundamental to our mission of providing reliable financial market information.

Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice, recommendation, or solicitation. Investors should conduct independent research and consult qualified financial advisors before making investment decisions. Past performance does not guarantee future results. Equity investments carry market risks including possible loss of principal. The author and publication do not assume liability for investment decisions made based on information contained herein. All data is sourced from publicly available information and regulatory filings as of the publication date.

Helpful Resources

• LiveMint: Shreeji Shipping Global IPO Day 3 Live GMP and Subscription Updates

Call to Action

The Shreeji Shipping Global IPO GMP remains a key metric for investors eyeing short-term gains and long-term growth opportunities in the shipping and logistics sector. Track subscription updates and GMP trends to make informed investment decisions. Stay tuned with NuePlanet.com for the latest IPO insights and market analysis.

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