Shreeji Shipping IPO GMP Today: Price Band, Allotment Date, and Expected Listing Gains
Shreeji Shipping IPO GMP: What’s the Buzz & What It Means
So, Shreeji Shipping Global’s IPO kicks off tomorrow, August 19, 2025, and it’s already got that grey market whisper going strong. Shares are trading at about ₹25–₹26 over the upper price band of ₹252, which means a roughly 10% premium. That hints at a possible listing price of around ₹277–₹278 per share. Pretty exciting, if you're subscribed. (The Economic Times, mint, Business Standard, The Economic Times)
What Is GMP, Anyway?
In simplest terms, GMP (or Grey Market Premium) is the extra amount people are willing to pay unofficially before the IPO lists. Think of it as early excitement, but in whisper-land—no guarantee, but it often hints at investor sentiment. (IPO Watch, The Economic Times, Moneycontrol)
What's the Scoop on Shreeji Shipping’s IPO?
The Basic Deets
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Price band: ₹240–₹252 per share
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Issue size: Fully fresh issue, about ₹411 crore (1.63 crore shares) (The Economic Times, The Hans India, Business Standard)
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Subscription categories: QIBs (50%), Retail (35%), NIIs (15%) (mint, Business Standard)
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Lot size: 58 shares per lot. Minimum investment ~₹13,920 (mint, Business Standard)
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IPO dates: Opens August 19, closes August 21
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Allotment expected: August 22
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Listing date: Likely August 26 on both BSE & NSE (The Economic Times, Mint, Business Standard)
Why the Hype?
Shreeji Shipping is a player in shipping and logistics—dry bulk cargo, mainly on India’s west coast and nearby regions. Sudden surge in GMP suggests folks expect demand to be strong. Company’s got revenue of ₹610 crore in FY25, down from ₹736 crore, but hey, profit went up—PAT jumped 13%, EBITDA nudged up 1.4%. Efficiency looks solid. (The Hans India, mint)
Funds are earmarked mostly for buying Supramax vessels (₹251 crore) and paying some debts (₹23 crore), with the rest for running the business smoothly. (The Hans India, Business Standard)
GMP Deep Dive: ₹25 or ₹30? What’s the Real Buzz?
Different places are saying slightly different things:
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Economic Times / Mint / Business Standard say GMP is ₹24–₹26, implying a ~9.5–10.3% premium. Listing range ~₹276–₹278 (The Economic Times, Mint, Business Standard)
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Moneycontrol / Investorgain talks about GMP around ₹30, which could mean a listing gain of almost 12%. That brings the estimated listing price closer to ₹282. (Moneycontrol)
So yeah, market whisper is flying between ₹24–₹30, but they all agree demand seems strong.
What Does That Mean for You?
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A GMP of around 10% suggests decent appetite in the market. If you get allotted, you might see a quick gain.
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Remember, though—GMP is unofficial, and could change before listing. Some IPOs list below GMP, others even exceed it. It’s more of a sentiment meter than a promise. (IPO Watch, The Economic Times)
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If you’re applying for retail, allotment is on August 22, shares into your demat by August 25, and listing hits on August 26. (mint, Business Standard)
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Take it as one data point—pair it with company fundamentals, industry trends, and personal goals before deciding. The shipping/logistics sector rides on global trade and rates, so be mindful.
Quick Recap
Detail | Info |
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IPO Name | Shreeji Shipping Global |
Price Band | ₹240–₹252 per share |
Issue Size | ~₹411 crore (all fresh issue) |
GMP Range | ₹24–₹30 (approx. 10–12% premium) |
Estimated Listing Price | ₹276–₹282 per share |
IPO Dates | 19–21 Aug 2025 |
Allotment Date | 22 Aug 2025 |
Shares Credited | By 25 Aug 2025 |
Listing Date | 26 Aug 2025 (BSE & NSE) |
Use of Funds | Vessels (₹251 cr), Debt (₹23 cr), the rest corporate |
Profits & Revenue | Revenue down 17%, PAT up 13%, EBITDA up 1.4% |
Final Thoughts
If you’re watching Shreeji Shipping IPO GMP, it’s giving off a confident vibe. Grey market action suggests a reasonable potential upside of 10–12%, but it ain’t a guarantee. Listing could be a pleasant surprise, or not—it depends on actual demand, investor mood, and stock market vibes on listing day.
Need help breaking down fundamentals, doing a comparison with peers, or information on the allotment process? I’ve got your back.