Shreeji Shipping Global IPO: Check Day One Subscription, GMP, Other Details
Shreeji Shipping Global IPO: The public issue is subscribed 0.53% so far on the first day of bidding.
Shreeji Shipping Global IPO: The initial public offering (IPO) of Shreeji Shipping Global Ltd. opened for subscription on Aug. 19. The IPO was subscribed 0.53% as of 11:54 a.m. The mainboard IPO is a book-built issue of Rs 410.71 crore. Shreeji Shipping Global IPO comprises entirely a fresh issue of 1.63 crore shares.
The lot size for retail investors is 58 shares, requiring a minimum investment of Rs 13,920. For small non-institutional investors (sNII), the lot size is 14 lots (812 shares), amounting to Rs 2,04,624. For big non-institutional investors (bNII), the lot size is 69 lots (4,002 shares), translating to an investment of Rs 10,08,504
Beeline Capital Advisors Pvt. is the book-running lead manager for the Shreeji Shipping Global IPO. Bigshare Services Pvt. is the registrar for the issue.
The company operates in the shipping and logistics sector, specialising in dry-bulk cargo. Ahead of the bidding window opening on Tuesday, here’s a look at the grey market premium (GMP) and other important details about the Shreeji Shipping Global IPO.
Shreeji Shipping Global IPO Details
Issue opened: Aug. 19.
Issue closes: Aug. 21.
IPO Listing Date: Aug. 26.
Issue Size: Rs 410.71 crore.
Fresh Issue:1.63 crore shares
Price Band: Rs 240 and Rs 252 per share.
Shreeji Shipping Global IPO Subscription Details
Shreeji Shipping Global IPO has been subscribed 0.53% as of 11:54 a.m. on Tuesday.
Qualified Institutions: Nil
Non-Institutional Buyers: 0.77%.
Retail Investors: 0.72%.