Shreeji Shipping Plans IPO for Fleet Expansion

India’s Shreeji Shipping has submitted an application to the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The company aims to expand its fleet by acquiring secondhand supramax bulk carriers. Shreeji Shipping plans to allocate approximately $33.5 million from the IPO proceeds for this purpose, while $2.2 … Continue reading Shreeji Shipping Plans IPO for Fleet Expansion