Incorporated in 1995, Shreeji Shipping Global Limited is a shipping and logistics company focusing on dry-bulk cargo. Shreeji Shipping Global primarily focuses on non-major ports and jetties, espec ... ially along the west coast of India and Sri Lanka.

The company has provided services at over 20 ports and jetties, including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar, and Puttalam.

The company's services include the following

Service Offering

• Cargo handling services include lightening, stevedoring, and cargo management.
• Transportation encompasses port-to-premise drop-off and vice versa for complete logistics.
• Fleet chartering and equipment rentals involve providing vessels and earthmoving equipment on a charter basis, along with other necessary loading and unloading equipment.
• Other operational income includes the sale of scrap and miscellaneous activities.

As of March 31, 2025, the company operates a fleet that exceeds 80 vessels, which includes barges, mini bulk carriers (MBCs), tugboats, and floating cranes.

Furthermore, the company maintains a portfolio of more than 370 earthmoving machines, encompassing material handling equipment, excavators, payloaders, tippers (including trailers), tankers, and various other vehicles used to provide client services.

Under the cargo handling segment, the company offers STS (ship-to-ship) Lighterage, Stevedoring and other port services, including cargo management services. The company offers transportation for dry bulk cargo, including port-to-premise drop-off and vice versa.

The company serves customers in sectors like Oil and Gas, Energy, FMCG, and Metals.

As of March 31, 2025, the company employs over 1173 permanent employees.

Strengths
 

• Extensive experience with over two and a half decades in the industry.
• Fleet consists of 75 vessels and 380 earthmoving equipment.
• Operations focused on India and Sri Lanka’s major ports.
• Revenue is primarily from long-standing existing customers.
• Promoters bring over 55 years of industry expertise.

Risks
 

• Significant working capital needs may affect cash flow management.
• Unsecured borrowings can lead to potential cross-default risks.
• Modernization of ports and jetties could impact operations.
• Limited insurance coverage may not cover major disruptions.
• Exchange rate fluctuations affect overseas revenue and expenses.
   

Allotment Status for Shreeji Shipping Global
To check your allotment status – click here.