Shreeji Shipping Global files draft papers with Sebi to raise funds via IPO

Q: How long will it take to read this news story?

The story "Shreeji Shipping Global files draft papers with Sebi to raise funds via IPO" has 411 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Shreeji Shipping Global files draft papers with Sebi to raise funds via IPO" was covered 2 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 248 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25445977</li><li>URL: https://chronographically.beamstart.com/news/shreeji-shipping-global-files-draft-17378926401259</li></ul>

Business Standard Logo Business Standard 2d ago

Shreeji Shipping Global files draft papers with Sebi to raise funds via IPO - Business Standard

Quick Summary:

Shreeji Shipping Global Ltd, which provides shipping and logistic solution for dry bulk cargo, has filed draft papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO).

As of September 2025, the company had a total borrowings of Rs 264.54 crore, the draft papers filed on Friday showed.

The company is planning to use Rs 289.4 crore out of the IPO proceeds for acquisition of dry bulk carriers in the supramax category in the secondary market, and further use Rs 19.5 crore for repaying debt.