Regulatory14 Aug 2026, 03:14 pm
Shreeji Shipping IPO Proceeds Monitoring Report Q2 2026
AI Summary
Shreeji Shipping Global Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of proceeds from its Initial Public Offer (IPO). The report, issued by Crisil Ratings Limited, confirms that there are no deviations from the IPO's stated objects. The company raised gross proceeds of ₹4,107.10 million through the IPO, with net proceeds amounting to ₹3,698.80 million after deducting issue expenses of ₹408.30 million. A minor amount of ₹0.01 million is yet to be received due to a hold on a shareholder's bank account related to a GST notice.
Key Highlights
- Monitoring Agency Report for Shreeji Shipping's IPO proceeds submitted.
- No deviation from IPO objects reported for the quarter ended June 30, 2026.
- Gross IPO proceeds were ₹4,107.10 million.
- Net proceeds after expenses were ₹3,698.80 million.
- Minor delay in receipt of ₹0.01 million due to GST-related bank account hold.
Price Impact
More from SHREEJISPG