SHREEJI SHIPPING GLOBAL L Share price

Shreeji Shipping Global Limited was erstwhile established as a partnership firm named 'M/s Shreeji Shipping' dated June 14, 1995. Subsequently, the Firm was converted into a Private Company named 'Shreeji Shipping Global Private Limited' and a fresh Certificate of Incorporation was issued by the Central Registration Centre on April 11, 2024. It changed to 'Shreeji Shipping Global Limited' upon conversion to Public Limited Company dated November 18, 2024. Shreeji Shipping Global is primarily a stevedoring, lighterage and port handling company, which provide shipping and logistic solution for dry bulk cargo at various ports and jetties in India and Sri Lanka. It offer comprehensive shipping and logistic solutions for dry bulk cargo, including cargo handling and transportation services. Under cargo handling segment, it provide STS (Ship to Ship) Lighterage, Stevedoring and other port services including cargo management services. Further, as a part of logistic supply chain, it also provide transportation services for dry bulk cargo including port to premise drop-off and vice versa. As of March 31, 2025, Shreeji operates a fleet of more than 80 vessels (consisting of barges, mini bulk carriers (MBCs), tug boats and floating cranes) and more than 370 earthmoving equipment (consisting of material handling machines, excavators, pay loaders, tippers including trailers, tankers and other vehicles) in services of the clients. Company provided services at more than 20 ports and jetties including Major Indian ports at Kandla, Non-major ports at Navlakhi, Magdalla, Bhavnagar, Bedi and Dharmatar and overseas port at Puttalam Port (Sri Lanka). It has also also provided fleet chartering services in past at Konta Port and Boffa Port, located at Guinea, West Africa. Shreeji Shipping Global Limited is the flagship company of Jamnagar based 'Shreeji Group', promoted and led by Ashokumar Haridas Lal and Jitendra Haridas Lal, having combined experience of more than 55 years in the shipping and logistics industry. Under their leadership, Company has evolved into an integrated shipping and logistic solution provider for dry bulk cargo handling at all-weather and seasonal ports in India and Sri Lanka. Though, it provide services at major ports, it primarily focused on non major ports and jetties, particularly along the West Coast of India. The Company has been honoured by Deen-Dayal Port Trust (DPT) for achieving exceptional productivity in the coal/coke handling category during the FY 2019. It has discharge 36,376 MT (0.04 MMTs) of coal in a single day at Kandla anchorage. Company raised Rs 410.71 Cr by way of IPO issuing an aggregate of 16,298,000 equity shares of face value of Rs 10 each through fresh issue in August, 2025. The Company has acquired first coastal vessel named 'MV SJ Lily' by entering the business of coastal shipping division in FY26. The mini bulk carrier fleet also extended from 5 to 8 vessels, floating cranes from 7 to 9 & tugs from 8 to 11, taking the fleet to 63 self-propelled barges in 2026.