NewsMeto

Shreeji Shipping Global IPO: Big Opportunity for Investors, Check GMP, Price Band and Expert Insights Shreeji Shipping Global IPO Overview Shreeji Shipping Global has announced its Initial Public Offering (IPO), which is fully a fresh issue of 1.63 crore equity shares .  Through this offering, the company aims to raise around ₹411 crore from the public market. Importantly, this IPO does not include any Offer for Sale (OFS) component, meaning all the proceeds will go directly into company growth and expansion. Business Model and Operations According to Swastika Investmart, Shreeji Shipping Global operates in the shipping and logistics sector , with a strong focus on dry bulk cargo services .  The company manages operations across 20 ports and jetties in India and also runs one port in Sri Lanka. While revenue has shown a downward trend in the past few years, the company’s profitability has improved due to strong cost management strategies and specialized service offerings...