Shreeji Shipping Global IPO allocation will be finalized today. Here’s how to check the status

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Shreeji Shipping Global IPO allocation will be finalized today. Here’s how to check the status

The allocation for shipping will be finalized today by Shreeji Shipping Global’s 411 crore IPO. Investors applying for this issue can now verify the status of their application online through the registrar’s portal and stock exchange websites.

The IPO, which was opened on August 19 and closed on 21 August Gust, was subscribed to 58.08 times overall, with 110.41 times in the QIB category, 72.70 times in the NII, and 21.92 times in retail. The issue will be listed on BSE and NSE on Tuesday, 2025, 26 August Gust.

Investors can check their allocation status in two simply:

1. Registrar website

Visit the Bigshar IPO Allotment Page (https://www.bigshareonline.com/ipo_allotment.html)

Select Shreeji Shipping Global Limited from the drop-down menu

Enter PAN Number, Application Number or DP/Client ID

Click the search to view the allocation status

2. NSE Website

Go to NSE IPO Allotment Link (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)

Log in with a pan or application number

Check status under the Equity IPO section

The refund for uncontrolled shares will be launched on 25 August Gust, 2025, while successful bidders will see shares deposited on their demat accounts on the same day.

IPO details and company background

There was a new issue of 1.63 crore equity shares on the price of Rs 240-252 per IPO share. Next to this issue, the company raised Rs 123 crore from anchor investors on 18 August Gust.

About the company

Founded in 1995, Shreeji Shipping Global is a shipping and logistics company that specializes in dry-bulk cargo.

It operates at 20 Indian ports and a port in Jeties and Sri Lanka, which has a fleet of more than 80 ships, including Barjes, mini bulk carriers, tugbots and floating cranes. It also has more than 0 37 earthy machines for cargo handling and logistics.

The company has paid Rs. Registration of 141.24 crore, which is 24 to 13% higher fiscal year, however, due to the benefit of cost control and efficiency, the income has declined annually.

Income use

Funds used from IPOs Supramax Dry Bulk Carriers Rs. 251 crores, partial payment of borrowing Rs. 23 crore and will be done for general corporate purposes.

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