Overview

• Shreeji Shipping has set its fully fresh issue of 1.62 crore shares at Rs 240–252 each to raise up to Rs 410.7 crore for supramax vessel acquisitions and debt repayment.
• Patel Retail’s IPO comprises 85.18 lakh fresh shares alongside a 10.02 lakh promoter sell-down, aiming to raise Rs 250–300 crore, with proceeds split between debt reduction, working capital and general corporate purposes.
• Anchor bidding is scheduled for August 18, retail subscription runs from August 19–21 and allotment is set for August 22 ahead of NSE/BSE listings on August 26.
• Investors can apply for Shreeji Shipping’s issue in lots of 58 shares, requiring a minimum retail commitment of Rs 13,920 at the upper band.
• These launches follow 44 mainboard IPOs so far this year, underscoring sustained appetite for new listings in shipping, logistics and retail.