Shreeji Shipping Global IPO opens today; GMP at 12%. Should you subscribe?

Wait 5 sec.

Shreeji Shipping Global launches its Rs 411 crore IPO. The subscription begins on Tuesday and closes on Thursday. The company plans to use the funds for expansion and debt repayment. The IPO price is Rs 240-252 per share. Analysts suggest subscribing, citing strong market position. However, they also highlight risks like trade fluctuations.