Mumbai, Aug. 22 -- The initial public offer of Shreeji Shipping Global received bids for 66,28,01,380 shares as against 1,14,08,600 shares on offer. The issue was subscribed 58.10 times.

The Qualified Institutional Buyers (QIBs) category was subscribed 110.41 times. The Non-Institutional Investors (NIIs) category was subscribed 72.70 times. The Retail Individual Investors (RIIs) category was subscribed 21.94 times.

The issue opened for bidding on 19 August 2025 and it closed on 21 August 2025. The price band of the IPO is fixed between Rs 240 and 252 per share.

The issue comprises fresh equity shares numbering 16298000 of Rs 10 face value.

Of the net proceeds of the fresh issue, the company proposed to utilize Rs 251.179 crore for acq...