IPO Details

About Company

Incorporated in 1995, Shreeji Shipping Global Limited is a well-established Indian shipping and logistics company, with a strong operational focus on dry-bulk cargo services. The company primarily operates at non-major ports and jetties, strategically situated along the west coast of India and Sri Lanka, such as Kandla, Navlakhi, Bhavnagar, Bedi, and Puttalam. As of March 31, 2025, the company manages a fleet of over 80 vessels (barges, tugboats, mini bulk carriers, floating cranes) and maintains more than 370 earthmoving machines, including excavators, payloaders, trailers, and tankers. This operational strength enables Shreeji to cater to diverse sectors such as Oil & Gas, Energy, FMCG, and Metals. With a permanent workforce of over 1,173 employees, experienced promoters, and a committed management team, the company has demonstrated a consistent track record in operational execution and financial performance. Notably, while revenue dipped by 17% in FY2025 (₹610.45 Cr vs. ₹736.17 Cr in FY2024), Profit After Tax increased by 13%, reaching ₹141.24 Cr. Strong margins (EBITDA margin at 33.03%, PAT margin at 23.24%) and a healthy ROE of 42.91% underline the company’s profitability and efficient capital usage.