NSEMonitoring Agency Report6d ago · 14 Aug 2026, 03:17 pm
Monitoring Agency Report
Shreeji Shipping Global Limited · SHREEJISPG
✦ AI SummaryResults
Shreeji Shipping Global Limited has submitted a Monitoring Agency Report for the quarter ended June 30, 2026, regarding the utilization of proceeds from its Initial Public Offer (IPO). The report, issued by Crisil Ratings Limited, Monitoring Agency, confirms that the company has not deviated from the objects of the issue.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulations 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 ( SEBI ICDR Regulations ); please find enclosed herewith the Monitoring Agency Report for the quarter ended on June 30, 2026, in relation to utilization of the proceeds raised through issuance of equity shares by way of the Initial Public Offer (IPO) of the Company.
Attachments (1)
📄pdf
Download →
SHREEJI_14082026151620_MA_REPORT.pdf
View document text
SHREEJI SHIPPING GLOBAL LIMITED
(Formerly known as SHREEJI SHIPPING GLOBAL PRIVATE LIMITED & SHREEJI SHIPPING)
CIN: L52242GJ2024PLC150537
Reg. Office: “SHREEJI HOUSE”, Town Hall Circle, Jamnagar-361001 (Gujarat), India
Phone: +91 288 2553331, 2673331, 2555352, 2675334, Fax: +91 288 2556525
E-mail: info@shreejishipping.in Web: www.shreejishipping.in
Date: August 14, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Dalal Street,
Bandra (East), Mumbai-400051. Mumbai – 400001
(Symbol / ISIN: SHREEJISPG / INE1B6101010) (Security Id. / Scrip Code: SHREEJISPG / 544490)
Dear Sir/Ma’am,
Sub: Monitoring Agency Report for the quarter ended on June 30, 2026.
Ref.: Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with Regulations 41(4) of the SEBI (Issue of Capital and Disclosure
Requirements) Regulations, 2018 (“SEBI ICDR Regulations”); please find enclosed herewith the Monitoring Agency
Report for the quarter ended on June 30, 2026, in relation to utilization of the proceeds raised through issuance of equity
shares by way of the Initial Public Offer (IPO) of the Company.
Kindly take the same on your record and oblige us.
Thanking You,
Yours faithfully,
For, Shreeji Shipping Global Limited
Archanaba Krunalsinh Gohil
Company Secretary and Compliance Officer
Place: Jamnagar
Monitoring Agency Report
Shreeji Shipping Global Limited
for the quarter ended
June 30, 2026
CRL/MAR/SHSPGL/2025-26/1922
August 10, 2026
Shreeji Shipping Global Limited
“Shreeji house”, Town Hall Circle, Kalavad,
Jamnagar – 361001, Gujarat, India
Dear Sir/Ma’am,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”)
of Shreeji Shipping Global Limited (“the Company”)
Pursuant to Regulation 41(2) of SEBI (lssue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI
ICDR Regulations”) and Monitoring Agency Agreement dated August 5, 2025, enclosed herewith the Monitoring
Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR
Regulations towards utilization of proceeds of IPO for the quarter ended June 30, 2026.
Request you to kindly take the same on records.
Thanking you,
For and on behalf of Crisil Ratings Limited
Shounak Chakravarty
Director, Ratings (LCG)
Report of the Monitoring Agency (MA)
Name of the issuer: Shreeji Shipping Global Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: Crisil Ratings Limited
(a) Deviation from the objects: Not applicable
(b) Range of Deviation: Not applicable
Declaration:
We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the
issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and
reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/
statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no
responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do
not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this
report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the
agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the
Companies Act, 2013.
The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains
and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive
any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the
issuer.
We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable.
There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the
Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer
and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA
takes no responsibility for such comments of the issuer’s Management/Board.
Signature:
Name and designation of the Authorized Signatory: Shounak Chakravarty
Designation of Authorized person/Signing Authority: Director, Ratings (LCG)
1) Issuer Details:
Name of the issuer: Shreeji Shipping Global Limited
Names of the promoter: a. Shri Lal Jitendra Haridas
b. Shri Ashokkumar Haridas Lal
Industry/sector to which it belongs: Shipping
2) Issue Details
Issue Period: 19 August 2025 to 21 August 2025
Type of issue (public/rights): Initial Public Offer (IPO)
Type of specified securities: Equity Shares
IPO Grading, if any: NA
Issue size: Rs. 4,107.10 million
Issue size comprises of fresh issuance/gross proceeds of Rs
4,107.10 million (Refer Note 1)
Note 1:
Particulars Amount (Rs. million)
Gross proceeds of the Fresh Issue 4,107.10#*
Less: Issue Expenses 408.30
Net Proceeds 3,698.80
(Refer note 1)
# Crisil Ratings shall be monitoring the gross proceeds.
* As per Management undertaking & Statutory Auditor’s certificate^ the Company has raised gross proceeds of Rs. 4,107.10
million out of which Rs 0.01 million (i.e. Rs. 14,616) is yet to be received in the public issue account. The reason for this
delay is that a hold has been placed on one of the shareholder's bank account, pursuant to a recovery action initiated in
response to a Goods and Services Tax (GST) notice received by the bank. Balance amount of Rs 4,107.09 million is received
in the public issue account.
^ Certificate dated August 05, 2026, issued by M/s Sarda & Sarda, Chartered Accountants (Firm Registration
Number:109264W), Statutory Auditors of the Company.
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Source of information/ Comments
Comments of
certifications considered of the
Particulars Reply the Monitoring
by Monitoring Agency Board of
Agency
for preparation of report Directors
The utilization
Management
is as per the
undertaking, Statutory
objects
Auditor’s certificate^,
mentioned in
Whether all utilization is as per the Prospectus dated August No
Yes the prospectus
disclosures in the Offer Document? 22, 2025 (hereinafter Comments
dated August
referred as “Offer
22, 2025, for
document”), Bank
GCP and Issue
Statements
expenses
Whether shareholder approval has
been obtained in case of material No No
deviations from expenditures Comments Comments
disclosed in the Offer Document?
Whether the means of finance for the
No No
disclosed objects of the issue has NA
Comments Comments
changed?
Is there any major deviation observed
No No
over the earlier monitoring agency No
Comments Comments
reports?
Whether all Government/statutory
No No
approvals related to the object(s) NA
Comments Comments
have been obtained?
Management
Whether all arrangements pertaining Undertaking &
No No
to technical assistance/collaboration NA Statutory Auditor’s
Comments Comments
are in operation? certificate^
Are there any favorable events
No No
improving the viability of these NA
Comments Comments
object(s)?
Are there any unfavorable events No No
affecting the viability of the object(s)? Comments Comments
Is there any other relevant
information that may materially No No
affect the decision making of the Comments Comments
inves
[Showing first 8,000 characters — download PDF for full document]