Home  >>  News  >>  Shreeji Shipping's IPO: Key Investor Insights
Shreeji Shipping's IPO: Key Investor Insights

Shreeji Shipping's IPO: Key Investor Insights

Shreeji Shipping Global, a logistics firm from Gujarat, recently secured Rs 123.2 crore from major investors like Morgan Stanley and BNP Paribas before its IPO. The Rs 411-crore share sale opens for subscription on August 19, with shares priced between Rs 240-252. The company plans to invest Rs 251.2 crore from the IPO proceeds to acquire new dry bulk carriers, while also addressing its debt. With a fleet of over 80 vessels, Shreeji Shipping aims to enhance its operations in shipping and logistics across India and Sri Lanka.

Trending News