Shreeji Shipping Global Limited IPO

Established in 1995, Shreeji Shipping Global Limited is a logistics and shipping firm that specializes in dry-bulk cargo. Shreeji Shipping Global deals mainly in non-major ports and jetties, particularly on the west coast of India and Sri Lanka.The firm has serviced more than 20 ports and jetties, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam.

Service Offering:
Lightering, stevedoring, and cargo management constitute cargo handling services.
Transportation covers port-to-premise drop-off and vice versa for overall logistics.
Fleet chartering and equipment rental involves supplying vessels and earthmoving equipment on a charter basis and other loading and unloading gears, if required.
Other operational revenue includes the selling of scrap and miscellaneous activities.

As of September 30, 2024, the company owns a fleet of over 75 vessels that comprise barges, mini bulk carriers (MBCs), tugboats, and floating cranes.In addition, the company has a fleet of over 380 earthmoving machines, including material handling equipment, excavators, payloaders, tippers (and trailers), tankers, and other vehicles employed to deliver customer services.

Under the cargo handling segment, the company provides STS (ship-to-ship) Lighterage, Stevedoring and other port services such as cargo management services. The company provides dry bulk cargo transportation, including port-to-premise drop-off and vice versa.The company provides services to customers in industries such as Oil and Gas, Energy, FMCG, and Metals.
As of September 2024, the company has more than 1000 permanent staff.