Shreeji Shipping Global will launch its Rs 411-crore IPO on August 19, with a price band of Rs 240–252 per share. The issue, entirely fresh equity, closes on August 21. GMP stands at Rs 26, indicating a 10% listing premium. Proceeds will fund vessel acquisitions, debt repayment, and expansion. Shares list on August 26.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets