SMP Kolkata partners with Adani Ports to restore Kumartuli Ghat on the banks of Hooghly
The project aims to carry out heritage-compliant redevelopment with a focus on environmental sustainability and cultural preservation. Speaking on the occasion, SMPK Chairman Rathendra Raman said, 'Kumartuli Ghat is not just a site — it is a living legacy of Bengal's artistic soul. Through this partnership with Adani Ports, we are not only restoring a physical structure but also reviving a space deeply woven into Kolkata's cultural fabric. This initiative is a proud moment in our Swachhata drive, where heritage meets modern civic responsibility.'
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Hindustan Times
21 hours ago
- Hindustan Times
Greater Noida to build ₹250cr elevated road via Shahberi
The Greater Noida authority on Monday announced it will hire a project management consultancy (PMC) firm to prepare the detailed project report (DPR) for a ₹250 crore, 2.5km four-lane elevated road from Iteda to Crossings Republik via Shahberi. The road will ease congestion and boost regional connectivity, with traffic on the link expected to rise once the Noida International Airport becomes operational later this year. (Sunil Ghosh/HT Photo) Officials said the road will ease congestion and boost regional connectivity, with traffic on the link expected to rise once the Noida International Airport becomes operational later this year. The authority has floated an Expression of Interest (EOI) to select the PMC, which will prepare a comprehensive DPR covering planning, design, and cost estimation. 'The selected PMC will be responsible for preparing a comprehensive DPR covering all aspects of project planning, design, and cost estimation,' said Greater Noida authority CEO Ravi Kumar NG. The feasibility study and alignment finalisation have already been completed by the Central Road Research Institute (CRRI), Delhi. The consultancy will conduct detailed topographical, geotechnical, and hydrological surveys. It will also identify utilities for relocation, assess right-of-way needs, and prepare detailed engineering designs for the elevated structure, ramps, service roads, drainage, pavements, safety features, lighting, and signage. The DPR will serve as the foundation for approvals, funding mobilisation, and moving towards construction, said officials. In March, the authority board classified the project as a regional connectivity scheme, proposing joint funding by Ghaziabad, GNIDA, Noida authority, and Yeida. Cost estimates will cover a Bill of Quantities (BoQ), land acquisition and utility relocation, and environmental mitigation expenses. If required, the PMC will also conduct an Environmental and Social Impact Assessment (ESIA) and prepare a Resettlement Action Plan (RAP) in line with laws and policies, along with public consultations and obtaining necessary clearances. A traffic management plan during construction will be another key deliverable, including diversion routes, temporary arrangements, and marshals at critical points to minimise disruption and protect pedestrians. During implementation, the PMC may help prepare tender documents, respond to bidder queries, evaluate technical proposals, and support contract finalisation. It could also provide advisory assistance during construction by reviewing contractor plans, ensuring quality control, resolving technical issues, and monitoring progress. 'This elevated road will cut travel time, ease congestion on existing routes, and provide a crucial link between Greater Noida West and Ghaziabad,' said officials. .
Time of India
a day ago
- Time of India
10 Best Online Finance Certification Courses to Advance Your Career in 2025
Why Finance Certification Courses are Important Enhances Professional Credibility and Trust When you obtain a certification in finance, it indicates to employers, clients, and even peers that you have certified abilities and knowledge. This naturally creates trust, which makes you a suitable person for important financial job duties. Keeps You Updated with Industry Trends in Finance The finance landscape is ever-changing due to market changes, technological development, and regulations. Certification courses produce a safe harbour of updated information about new tools, financial models, and compliance information. Reduces Your Skills Gap for Technical, Analytics and Problem-Solving Skills When these courses are designed using practical and real-world applications, you develop a functional competence in being able to examine data, create a financial plan, and make decisions in real-world settings. Provides Access to Limited Global Career Networking A good number of certifications are widely accepted internationally, allowing professionals to apply for positions in various countries and industries without the burden of obtaining extra qualifications. Meets Legal or Standards of Industry Standards of Practice Many jobs in finance, particularly investment, auditing or banking roles, will employ the first set of pre-requisites certified for employment, even if the individual has experience. Increases the Chance of Professional Development or Promotions As an employer, when a candidate is certified, they usually will consider a certified professional when assessing development into leadership roles, pay increases, or high-profile projects or accounts. You will continue to outshine your counterparts who lack a certification. How will Finance Certification Courses help you? Develop specialised expertise in financial areas. Increase the likelihood of obtaining lucrative positions. Learn cutting-edge financial programs and services. Enhance strategic thinking and analytical skills. Be eligible for higher and supervisory positions. Increase your career options in many industries. Enhance confidence in dealing with clients or employers. Be able to take finance qualifications globally. Have access to unique resources and materials not available in the industry. Differentiate yourself in competitive job markets. List of 10 Finance Certification Courses for 2025 1. RSI Trading Techniques: Mastering the RSI Indicator Live Events Instructor: Dinesh Nagpal Dinesh Nagpal Price: ₹699 (One-time) ₹699 (One-time) Mode: Online, self-paced Online, self-paced Skill Level: Beginner to Advanced Beginner to Advanced Focus Area: Relative Strength Index (RSI) trading strategies Relative Strength Index (RSI) trading strategies Duration: Self-paced learning with lifetime access Self-paced learning with lifetime access Includes: Video lessons, real market examples, downloadable resources Video lessons, real market examples, downloadable resources Languages: English/Hindi English/Hindi Certification: Provided upon completion Gain expertise in using RSI for trade timing, market momentum analysis, and reversal identification to improve trading accuracy and profitability. Target Audience: Ideal for scalpers, intraday, swing, and position traders seeking accurate entry/exit points and higher profitability through RSI-based strategies. Ideal for scalpers, intraday, swing, and position traders seeking accurate entry/exit points and higher profitability through RSI-based strategies. Course focus: Focuses on mastering RSI for low-risk, high-reward trades, momentum strength analysis, and reversal spotting in live market conditions. Focuses on mastering RSI for low-risk, high-reward trades, momentum strength analysis, and reversal spotting in live market conditions. Prerequisites: Basic trading knowledge, understanding of candlesticks/line charts, and interest in applying RSI techniques in real market scenarios are recommended. 2. Financial Literacy for Non-Finance Executives Instructor: CA Raja CA Raja Price: ₹1,999 (One-time) ₹1,999 (One-time) Mode: Online, self-paced Online, self-paced Skill Level: Beginner-friendly, no prior finance experience needed Beginner-friendly, no prior finance experience needed Focus Area: Foundational financial knowledge for decision-making Foundational financial knowledge for decision-making Duration: Self-paced with lifetime access Self-paced with lifetime access Includes: Step-by-step lectures, practical examples, downloadable materials Step-by-step lectures, practical examples, downloadable materials Languages: English/Hindi English/Hindi Certification: Provided upon completion Create and interpret basic financial statements: balance sheet, income statement, and cash flow statement. Understand and apply key financial ratios for performance evaluation. Manage cash flow and working capital effectively. Grasp the concept of the time value of money for better investment decisions. Analyse cost structures and perform break-even analysis. Learn the loan appraisal process and prepare bank project reports. Understand the fundamentals of investment decision-making. Gain the basics of cost accounting for financial planning. Target Audience: Non-finance professionals, business owners, project managers, and aspiring leaders seeking strong financial decision-making skills and better business finance understanding. Non-finance professionals, business owners, project managers, and aspiring leaders seeking strong financial decision-making skills and better business finance understanding. Course focus: Focuses on equipping non-finance executives with essential financial skills for interpreting data, managing budgets, and making confident strategic business decisions. Focuses on equipping non-finance executives with essential financial skills for interpreting data, managing budgets, and making confident strategic business decisions. Prerequisites: Basic business understanding, willingness to learn finance concepts, and a stable internet connection; no prior finance background required to enrol. 3. Heikin Ashi Trading Tactics: Master the Art of Trading Instructor: Dinesh Nagpal Dinesh Nagpal Price: ₹699 (One-time) ₹699 (One-time) Mode: Online, self-paced Online, self-paced Skill Level: Beginner to Intermediate Beginner to Intermediate Focus Area: Heikin Ashi charting technique for trading Heikin Ashi charting technique for trading Duration: 1 hour 1 hour Language: English English Includes: Real-time examples, structured lessons, practical applications Real-time examples, structured lessons, practical applications Certification: Provided upon completion Understand the concept and benefits of Heikin Ashi charts. Interpret Heikin Ashi bars for accurate trading decisions. Learn the rules behind Heikin Ashi bar formation. Analyse trends, reversals, and apply insights to live trades. Reduce market noise for improved clarity. Enhance trade entries, exits, and stop-loss management. Target Audience: Ideal for traders seeking clear price action, improved entries and exits, and reduced market noise through Heikin Ashi charting techniques. Ideal for traders seeking clear price action, improved entries and exits, and reduced market noise through Heikin Ashi charting techniques. Course focus: Focuses on practical Heikin Ashi strategies, real-time trade analysis, and trend clarity to boost accuracy and profitability in market trading. Focuses on practical Heikin Ashi strategies, real-time trade analysis, and trend clarity to boost accuracy and profitability in market trading. Prerequisites: Basic trading knowledge, familiarity with candlestick charts, and willingness to apply Heikin Ashi concepts in live market conditions. 4. Financial Literacy, i.e Let's Crack the Billionaire Code Instructor: CA Rahul Gupta CA Rahul Gupta Price: ₹499 (One-time) ₹499 (One-time) Mode: Online, self-paced Online, self-paced Skill Level: Beginner to Intermediate Beginner to Intermediate Focus Area: Financial literacy, tax planning, and investment strategies Financial literacy, tax planning, and investment strategies Duration: 1 hour 1 hour Language: English English Includes: Real-world examples, actionable strategies, and multiple investment options analysis Real-world examples, actionable strategies, and multiple investment options analysis Certification: Provided upon completion Differentiate between speculative and intelligent investing for long-term wealth creation. Explore and compare investment options like FDs, mutual funds, insurance, and shares. Understand and apply the power of compounding to grow wealth. Analyse insurance benefits, pitfalls, and choose the right coverage. Evaluate gold and cryptocurrency as investment options. Assess mutual fund performance and select the best funds. Learn how EVs and solar systems can generate savings and reinvestment opportunities. Manage family investments effectively with VBFMS. Gain knowledge of TDS, Income Tax Act, GST, and indirect taxes for informed decision-making. Target Audience: Beginners, entrepreneurs, and professionals seeking financial literacy, tax efficiency, and smarter investing through traditional and modern financial opportunities. Beginners, entrepreneurs, and professionals seeking financial literacy, tax efficiency, and smarter investing through traditional and modern financial opportunities. Course focus: Equips learners with practical tax knowledge, investment strategies, and wealth-building techniques using both traditional and emerging financial tools. Equips learners with practical tax knowledge, investment strategies, and wealth-building techniques using both traditional and emerging financial tools. Prerequisites: Basic personal finance understanding is helpful but not required; internet access and willingness to apply learned strategies to real finances. 5. Market 104: Options Trading: Kickstart Your F&O Adventure Language: English English Instructor: Saketh R Saketh R Duration: 5 hours 5 hours Price: ₹999 (one-time) ₹999 (one-time) Format: Video lectures + Live trading demonstrations Video lectures + Live trading demonstrations Modules: 4 comprehensive learning modules 4 comprehensive learning modules Certification: Provided upon course completion Understand the fundamentals of futures and options (F&O) trading Learn the role of F&O in risk management and portfolio protection Identify tools and platforms for effective options trading Open a trading account and choose the right broker Execute your first trade with live demo guidance Apply call and put options for strategic trading Build confidence to trade independently in dynamic markets Target Audience: Ideal for private investors, finance students, and traders aiming to enhance portfolio returns and master futures and options strategies. Ideal for private investors, finance students, and traders aiming to enhance portfolio returns and master futures and options strategies. Course focus: Focused on practical F&O trading skills, risk management, and applying call-put strategies for real-world investment and trading decisions. Focused on practical F&O trading skills, risk management, and applying call-put strategies for real-world investment and trading decisions. Prerequisites: Requires basic investing knowledge, a computer with internet access, and a strong willingness to learn and practice options trading concepts. 6. Market 103: Mastering Trends with RMI and Techno-Funda Insights Instructor: Rohit Srivastava, Founder of & web. Rohit Srivastava, Founder of & web. Language: English English Duration: 3 hours 3 hours Mode: Live interactive session Live interactive session Price: ₹999 / one-time payment Use the Rohit Momentum Indicator (RMI) for precise buy/sell alerts. Detect bullish/bearish crossovers near the zero line. Apply multi-timeframe analysis for accuracy in stock picks. Identify deep-value stocks using valuation metrics and Strike setup. Avoid value traps by combining momentum and valuation analysis. Perfect entry and exit strategies in different market conditions. Confidently navigate overvalued stocks while maximising returns. Target Audience: This course is designed for traders, investors, entrepreneurs, finance students, and professionals seeking advanced technical and valuation-based market insights. This course is designed for traders, investors, entrepreneurs, finance students, and professionals seeking advanced technical and valuation-based market insights. Course focus: Learn to integrate momentum signals from RMI with valuation metrics, enabling precise trade decisions and enhanced stock selection accuracy. Learn to integrate momentum signals from RMI with valuation metrics, enabling precise trade decisions and enhanced stock selection accuracy. Prerequisites: Basic understanding of stock market concepts and technical analysis is recommended for participants to maximise learning from this interactive session. 7. Market 101: An Insight into Trendlines and Momentum Instructor: Rohit Srivastava Rohit Srivastava Language: English English Duration: 1.5 hours 1.5 hours Mode: Online interactive session Online interactive session Price: ₹999 / one-time payment Master price action trading to forecast market movements. Use momentum indicators to measure trend strength. Combine price action with momentum tools for better decision-making. Identify high-probability entry and exit points. Improve market timing for maximum profit potential. Build a disciplined approach to trading in volatile markets. Target Audience: Designed for traders, investors, finance students, and professionals seeking practical skills in trendlines, momentum, and technical analysis strategies. Designed for traders, investors, finance students, and professionals seeking practical skills in trendlines, momentum, and technical analysis strategies. Course focus: Teaches the integration of price action and momentum tools to enhance decision-making, refine timing, and boost trading performance. Teaches the integration of price action and momentum tools to enhance decision-making, refine timing, and boost trading performance. Prerequisites: Requires basic stock market knowledge, a stable internet connection, and a genuine interest in improving technical trading strategies. 8. Advanced Strategies in Stock Market Mastery Instructor: CA Raj K Agrawal CA Raj K Agrawal Language: Hindi Hindi Duration: Self-paced Self-paced Mode: Online video lessons Online video lessons Price: ₹1,799 / one-time payment ₹1,799 / one-time payment Level: Beginner to Advanced Beginner to Advanced Focus Areas: Stock market fundamentals, advanced trading strategies, derivatives, forex, event-based trading, risk management, technical analysis Setting up a Demat account and managing trade positions. Comparing stock brokers and choosing the right one. Understanding stock market timing, indices, capitalisation, and charts. Debunking stock market myths. Placing buy/sell orders and using stop-loss effectively. Trading in futures, options, and currency markets. Using hedging and short-selling strategies. Analysing candlestick charts for trends. Spotting multibagger stock opportunities. Understanding taxation, IPOs, block deals, and market movers. Target Audience: Ideal for beginners, active traders, investors, and financial professionals seeking advanced skills in trading, derivatives, and market event analysis. Ideal for beginners, active traders, investors, and financial professionals seeking advanced skills in trading, derivatives, and market event analysis. Course focus: Covers fundamentals to advanced strategies, risk management, and market-moving events, enabling informed decision-making in stocks, derivatives, and forex. Covers fundamentals to advanced strategies, risk management, and market-moving events, enabling informed decision-making in stocks, derivatives, and forex. Prerequisites: Requires basic financial knowledge, internet access, and a keen interest in learning practical trading strategies and technical analysis for real-world application. 9. Tally Prime & GST Accounting: Complete Guide Instructor: CA Raj K Agrawal Language: English Duration: 9 hours Mode: Online video lessons Price: ₹1,299 / one-time payment Level: Beginner to Advanced Focus Areas: Accounting fundamentals, Tally Prime operations, GST compliance, TDS provisions, MIS reporting, inventory management, data security Basics of accounting principles and concepts Installing and navigating Tally Prime Creating and managing groups, ledgers, stocks, and godowns Recording transactions, vouchers, debit/credit notes Managing GST transactions for compliance Understanding TDS provisions and recording TDS vouchers Generating financial statements and MIS reports Printing cheques, deposit slips, and bank reconciliation Data backup, restore, and migration procedures Applying data security measures for business information Target Audience: Ideal for accountants, business owners, GST practitioners, and students seeking practical skills in Tally Prime and integrated tax compliance. Course focus: Provides complete training in Tally Prime's core and advanced features, enabling efficient accounting, tax management, reporting, and business data security. Prerequisites: Requires a computer with internet access and basic accounting understanding; no prior Tally Prime experience needed as training starts from scratch. 10. Value and Valuation Masterclass Batch-1 Instructor: CA Himanshu Jain CA Himanshu Jain Language: English English Duration: 22 hours 22 hours Mode: Live online sessions + recorded access Live online sessions + recorded access Price: ₹9,999 / one-time payment ₹9,999 / one-time payment Level: Intermediate to Advanced Intermediate to Advanced Focus Areas: Value investing, financial statement analysis, competitive advantage, DCF valuation, relative valuation, sensitivity analysis, real-world case studies Core principles of value investing and its distinction from growth investing Bamboo Shoot Investing to capture emerging market opportunities Identifying and evaluating moats for sustainable competitive advantage Analyzing income statements, balance sheets, and cash flows Mastering valuation ratios: P/E, P/B, P/S, Dividend Yield, DuPont Analysis Building custom screeners for efficient stock selection Conducting DCF valuations with projections, discount rates, and terminal value Applying EV/EBITDA and other relative valuation techniques Performing sensitivity analysis and scenario planning Case study analysis on Zomato, Tata Motors, and Paytm Target Audience: Ideal for finance professionals, investors, students, and executives aiming to enhance valuation skills and make strategic, data-backed investment decisions. Ideal for finance professionals, investors, students, and executives aiming to enhance valuation skills and make strategic, data-backed investment decisions. Course focus: Delivers advanced valuation knowledge, combining theory, tools, and real-world application to evaluate companies, uncover opportunities, and maximize investment returns. Delivers advanced valuation knowledge, combining theory, tools, and real-world application to evaluate companies, uncover opportunities, and maximize investment returns. Prerequisites: Requires basic finance and accounting knowledge, stock market familiarity, and a device with internet access for interactive online sessions. FAQs related to Best Online Finance Certification Courses to Advance Your Career in 2025 1. What are the best online finance certification courses for 2025? 2. How long does it take to complete Finance Certification Courses online? 3. Can I pursue online certifications while working full-time? With the finance sector changing so quickly and the competition ever-increasing, just having a degree will not be enough to position yourself ahead of your competition; you must have a commitment to lifelong education and professional development. Certification courses in finance can help finance professionals sharpen their skills, develop legitimacy in the industry, and be recognised as qualified professionals in the job market. These certifications afford you eminence with regard to acquiring knowledge of finance-related tools, market trends, investment strategies, and compliance rules, contributing to your value to an organisation. Employers are placing a higher priority on hiring certified professionals, as they make complex financial recommendations, make informed decisions, and have the ability to adapt to changing fiscal conditions. Whether you are looking for a promotion, changing to a high-demand finance role, or looking to expand your global reach, finance certifications can significantly increase your career advancement. By tailoring theoretical knowledge with hands-on, pragmatic experience, finance certifications offer you a chance to fulfil industry standards while reaching maximum personal and professional certification programs are an essential factor in the career growth process. They provide distinct knowledge, confirm your professional competency, and help you stay up-to-date with changing industry trends. Earning an accredited certification can help you create credibility, broaden career opportunities, and remain competitive in the rapidly changing global finance certification courses equip you with practical knowledge and skills to excel in your career. The following are the benefits you can expect after completing a Finance Certification Course:Dinesh NagpalRSI Trading Methods: Mastering the RSI Indicator is a thorough training designed to show traders the best methods of using the Relative Strength Index. You will learn how to identify overbought and oversold conditions, how to identify the strength of momentum, and how to identify profitable reversals. You will learn both basic and advanced ways to use the RSI to improve your timing, your decision making, and your risk-reward potential in RSI Trading Techniques: Mastering the RSI Indicator CA RajaFinancial Literacy for Non-Finance Executives teaches key financial concepts to those without a finance background. You will learn how to read and understand the four financial statements of your organisation, manage cash flow, perform cost analysis, and make more informed decisions when investing. The course has practical, easy-to-understand lessons that would allow you to approach financial matters in every aspect of your role as a business practitioner or leader with Financial Literacy for Non-Finance Executives Dinesh NagpalThe Heikin Ashi Trading strategies will allow traders to properly manage market noise, optimise trend recognition, and ultimately make more confident trading. Traders will learn bullish, bearish, and sideways patterns, bar formation rules, and how to apply the method in real-time. This uncomplicated method will streamline traders' entries and exits, and is the absolute best way to visualise trends, which will improve their accuracy and enhance their Heikin Ashi Trading Tactics: Master the Art of Trading CA Rahul GuptaFinancial Literacy: Let's Crack the Billionaire Code is your comprehensive guide to understanding taxes, investments, and wealth-building strategies. Discover TDS, GST, Income Tax Act, indirect taxes, intelligent investing, and modern-day opportunities such as crypto and green energy. Acquire practical skills to be able to make financial decisions confidently while simultaneously building sustainable wealth in the long Financial Literacy i.e Let's Crack the Billionaire Code Saketh RMaster the essentials of futures and options trading with the Market 104: Options Trading: Kickstart Your F&O Adventure course. This course provides you with the fundamental skills to confidently trade futures and options. It uses the theoretical components backed by live demo components that will use the theory, as well as utilise risk management principles, options for protecting portfolios and managing trades to make your first trade, while obtaining not only the knowledge but enough trade knowledge to help you get Market 104: Options Trading: Kickstart Your F&O Adventure Rohit SrivastavaBecome an expert on stock market trends with Market 103: Mastering Trends with RMI and Techno-Funda Insights. Understand the proprietary Rohit Momentum Indicator (RMI) indicator, combine valuation approaches, including the pitfalls of value traps and how to identify the best entry/exit levels for stocks. Ideal for traders, investors, finance students, and business professionals looking to improve their market timing ability and comprehensive Market 103: Mastering Trends with RMI and Techno-Funda Insights Rohit SrivastavaThis 1.5-hour session with Rohit Srivastava will show you how to use trendlines and momentum to successfully navigate market conditions that challenge most traders. You will learn price action trading, momentum indicators, and trend-following methods that will help you time your entries, target many profitable opportunities, and improve your trading strategies. Overall, this course is valuable for beginners and professional traders seeking to establish or improve their trading Market 101: An Insight into Trendlines and Momentum CA Raj K AgrawalThe course, "Advanced Strategies in Stock Market Mastery" gives comprehensive training to anyone from beginner through expert levels in trading strategies, risk management, and market analysis. This course is provided in Hindi language and provides the insights and strategies to trade spot markets, derivatives, and forex while learning about events that affect market movements, technical analysis, and advanced base investment Advanced Strategies in Stock Market Mastery CA Raj K AgrawalThe Tally Prime & GST Accounting: Complete Guide gives learners the skills needed to manage accounting, GST (Goods and Services Tax), and TDS (Tax Deducted at Source) with Tally Prime, using basic and advanced functions. The course prepares you with the necessary skills and knowledge of Tally Prime to record financial transactions, generate reports, protect data, and ensure tax compliance for the effective management of a Tally Prime & GST Accounting: Complete Guide CA Himanshu JainThe Value and Valuation Masterclass helps learners master the core principles of value investing and advanced valuation methodologies. In the Masterclass, theory, real-world case studies and practical exercises are all combined to give the participant the tools needed to analyze intrinsic company value, find undervalued stocks, and to make informed decisions based on good data. Participants are provided with insights from leading practitioners and valuation experts in the Value and Valuation Masterclass Batch-1 The best online finance certification courses for 2025 are:The duration of online finance certification courses varies widely. Short-term programs can be completed in 4–12 weeks, while advanced certifications like CFA or FRM may take 1–3 years, depending on study pace and exam Most online finance courses offer flexible schedules, recorded lectures, and self-paced learning options, making them suitable for working professionals aiming to upskill alongside their jobs.
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Business Standard
a day ago
- Business Standard
Shreeji Shipping fixes IPO price band at ₹240-252 for its ₹411 cr IPO
Shipping and logistics solutions provider Shreeji Shipping Global Ltd, which on Monday fixed the price band at Rs 240-252 per share for its Rs 411-crore initial public offering, said the company may look at more overseas ports to expand its marine assets business. The company also said it has received a Letter of Intent (LOI) for setting up floating crane facilities for cargo and container lightening/topping-up at Diamond Harbour and other deep-draft locations under Syama Prasad Mookerjee Port, Kolkata, for 15 years. Earlier, the Jamnagar (Gujarat)-based Shreeji Shipping Global said it has fixed a price band of Rs 240-252 per share for its Rs 411-crore IPO, which will hit the market on August 19. The company said it plans to use Rs 251.2 crore of the IPO proceeds for the acquisition of dry bulk carriers in the supramax category in the secondary market, and Rs 23 crore for repaying debt. "We will be exploring various ports where there is lighterage and minor port operations. So be it West Africa or Bangladesh or anywhere or in developed countries, wherever there is a need for our marine assets, we'll be heading there," Krishnaraj Lal, Director at Shreeji Shipping, told PTI. Globally, the company has its marine assets as per the client's requirements, he said, adding, "We can also build as per their telemetry requirement." Lighterage is the process of transferring cargo from one vessel to another, typically from a larger "mother" vessel to a smaller vessel such as a barge or mini bulk carrier. This ship-to-ship transfer method is used to load or unload cargo efficiently, allowing larger vessels to offload some of their cargo to navigate shallower waters or reach ports with draft restrictions. The company focuses on non-major ports and jetties, particularly along the west coast of India, providing shipping and logistics solutions for dry bulk cargo at various ports and jetties in the domestic market as well as Sri Lanka. As of March 31 this year, it was operating a fleet of over 80 vessels, including barges, mini bulk carriers, tug boats and floating cranes, along with over 370 earthmoving equipment, serving over 20 ports including Kandla, Navlakhi, Magdalla, Bhavnagar, Bedi, Dharmatar and Puttalam Port in Sri Lanka. Leveraging its industry expertise and extensive transportation network, it caters to sectors such as Oil & Gas, Energy & Power, FMCG, Coal and Metals, offering end-to-end single-window services that enhance customer convenience and drive revenue growth. "We are planning to expand with port specific vessels as per the draft restrictions of the ports. We will be expanding our fleet and we'll be constructing the fleet in such a way that it gets accumulated and accommodated in the port but also at the same time the client gets the benefit of economies of scale. " So the overall objective of this IPO is to construct more and more fleets which can reduce the logistic costs of the end user," Lal said. He said that the company was only diluting 10 per cent as of now, and "we are planning to do an added arm by purchasing a few vessels like the Supramax size class of vessels and other coastal vessels and use this fund in building new vessels." "Also, in future, we will be raising funds for making new waterfronts, which can reduce the cost of the industry and create more volumes and its utility also," he said. In addition, the company is planning to enter into the coal mining business with a consortium of partners, for which it has secured an order from Eastern Coalfields Limited valued over a period of 25 years (contract period), it said.
