Shreeji Shipping Global's upcoming IPO aims to raise approximately Rs 410.71 crore.

Funds will primarily expand its dry bulk carrier fleet, with Rs 251.2 crore allocated for new acquisitions and Rs 23 crore for existing debt repayment.

For the last fiscal year, the company reported a net profit of Rs 141.24 crore, up 13.4%, despite revenue declining by 17% to Rs 607.6 crore.

Positioned uniquely without listed peers, this public offering seeks to bolster Shreeji Shipping's financial health and operational strength.