Ecoline Exim IPO Details

SME

Ecoline Exim IPO opens for subscription on 23 Sep 2025 and closes on 25 Sep 2025. The IPO will be listed on NSE with the tentative listing date set for 30 Sep 2025.

Ecoline Exim IPO price band has been fixed at ₹134 – ₹141 per share.The face value is ₹10 per share with a lot size of 1000.

Ecoline Exim IPO total issue size comprises 54,20,000 shares (aggregating up to ₹76.42 Cr). This includes a fresh issue of 43,40,000 shares (aggregating up to ₹61.19 Cr). Offer for Sale consists of 10,80,000 shares (aggregating up to ₹15.23 Cr). Pre-issue shareholding stands at 1,61,75,376, which will increase to 2,05,15,376 post-issue.

Ecoline Exim IPO Lot Size : Individual Minimum is 2 lots (2,000 shares) amounting to ₹282,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹282,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹423,000. SHNI Maximum is 7 lots (7,000 shares) amounting to ₹987,000. BHNI Minimum is 8 lots (8,000 shares) amounting to ₹1,128,000.

The Lead Managers for Ecoline Exim IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Hem Finlease. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Ecoline Exim Limited RHP.

Ecoline Exim IPO Details

Listing Price : ₹140.85 at a Discount of 0.11%
Open Date
23 Sep 2025
Close Date
25 Sep 2025
Listing Date
30 Sep 2025
Issue Price
₹134 - ₹141
Face Value
₹10 per share
Lot Size
1000
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
1,61,75,376 shares
Share holding post issue
2,05,15,376 shares
Total Issue Size
54,20,000 shares (aggregating up to ₹76.42 Cr)
Fresh Issue
43,40,000 shares (aggregating up to ₹61.19 Cr)
Offer for Sale
10,80,000 shares (aggregating up to ₹15.23 Cr)

Ecoline Exim IPO Subscription

Ecoline Exim IPO Application Wise Breakup

Ecoline Exim IPO Dates

  • 23 Sep 2025
    Opening dateOpen
  • 25 Sep 2025
    Closing dateClose
  • 26 Sep 2025
    Allotment Date Allotment
  • 29 Sep 2025
    Initiation of RefundsRefund
  • 29 Sep 2025
    Credit of SharesCredit
  • 30 Sep 2025
    Listing dateListing

Ecoline Exim IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22000₹282,000
Individual Maximum22000₹282,000
SHNI Minimum33000₹423,000
SHNI Maximum77000₹987,000
BHNI Minimum88000₹1,128,000

Ecoline Exim IPO Reservation

Promoter Holding

Pre Issue:100.00%
Post Issue:73.58%
Promoter Names:
Sudarshan Saraogi, Saurabh Saraogi, Shradha Saraogi, Gunjal Saraogi, SL Commercial Private Limited

Ecoline Exim IPO Valuations

ROE:23.51%
ROCE:21.14%
DEBT/EQUITY:0.45
RONW:21.28%
PAT MARGIN:6.99%
PRICE TO BOOK VALUE:2.58
P/E Pre IPO:10.1
P/E Post IPO:12.81

Ecoline Exim Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets146.31128.72104.46
Total Income273.07280.59310.67
Profit After Tax18.8222.5918.86
EBITDA29.9933.9430.57
NET Worth88.4571.7049.11
Reserves and Surplus72.2770.5447.96
Total Borrowing39.8944.8142.47
Amount in ₹ Crore

About Ecoline Exim IPO

Incorporated in 2008, Ecoline Exim Limited manufactures sustainable cotton, jute packaging, and promotional bags for global export.

The company has exported its products to more than 25 countries including the European Union, the USA, Japan, and Southeast Asia and Mexico, etc.

The company is an OEM providing packaging solutions for Supermarkets, retail chains, wholesalers, and promotional companies.

By September 30, 2024, the company sold products to 48 customers for functional needs and 24 for promotional needs.

As of December 31, 2024, the company has an outstanding order book for supply for cotton and jute bags worth Rs 9744.37 lakhs from around 60 customers.

As of January 2025, the company operates three manufacturing units, one in Ahmedabad, Gujarat, and the rest in West Bengal.

As of September 30, 2024, the Company has 267 employees across various locations.

 

Strength Of Ecoline Exim IPO

1. Sustainable and Eco-friendly business model focusing on three R's of the environment - Reduce, Reuse and Recycle.

2. Stringent quality control mechanism ensuring standardized product quality.

3. Strategically located in-house manufacturing capabilities with design expertise.

4. Long standing association with customers.

5. Widespread reach in International Market.

6. Healthy financial performance.

7. Experienced and Qualified Management.

Risk Of Ecoline Exim IPO

1. The company is dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.

2. The company does not have long term agreements for supply of its raw materials. If the company is unable to procure raw materials of the required quality and quantity, at competitive prices, its business, results of operations and financial condition may be adversely affected. Majority of the company raw materials are sourced from few key suppliers. Discontinuation of operations of such suppliers may adversely affect its ability to source raw materials at a competitive price.

3. Its business is dependent on the company manufacturing facilities and its subject to certain related risks; Unplanned slowdowns, unscheduled shutdowns or prolonged disruptions in the company manufacturing operations could have an adverse effect on its business, results of operations, cash flows and financial condition.

4. Its business is labour intensive and any unavailability or shortage of labour or any strikes, work stoppages, increased wage demands by workmen or changes in regulations governing hiring of labour may have an adverse impact on its cash flows and results of operations.

5. The company plan to set up the proposed Factory V for manufacturing of bags along with additional weaving unit at Ahmedabad is subject to risks, including implementation delays, cost overruns, and substantial upfront capital expenditures before the company realize any benefits.

6. The company relies on outsourcing a certain proportion of its production processes and activities to third parties. Any inability to obtain sufficient quantities of processed material of the requisite quality in a timely manner and at acceptable prices, or a slowdown, shutdown or disruption in such third parties' operations and performance, could adversely affect its business, results of operations and financial condition.

7. The global scope of its operations exposes the company to risks of doing business in foreign countries, including the constantly changing economic, regulatory, social and political conditions in the jurisdictions in which the company operate and seek to operate, which could adversely affect its business, financial condition and results of operations.

8. If the company is unable to estimate the demand of its products accurately and are unable to maintain an optimal level of inventory, the company business, results of operations and financial condition may be adversely affected.

9. Its business is vulnerable to variations in demand of cotton or jute bags, timely identification of evolving fashion trends and creating new designs. Changes in consumer preferences, could have an adverse effect on its business, results of operations and financial condition.

10. The company insurance coverage may not be sufficient or adequate to protect it against all material hazards or business losses, which may adversely affect the company business, results of operations and financial condition.

Objectives Ecoline Exim IPO

1. Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery for setting up a new manufacturing facility at Ahmedabad (“Proposed Factory V”)

2. General Corporate Purpose.

Company Contact Details

Ecoline Exim Ltd.
8, G.C.
Ghosh Road
Kolkata
Kolkata, West Bengal, 700048
Phone: +91-89101-0025
Email: cs@ecoline.net.in
Website: https://ecoline.net.in/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

Ecoline Exim IPO - FAQs

The Ecoline Exim IPO is a SME public issue comprising 5420000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹76.42 Cr. The issue price has been fixed at ₹141 per equity share, and the minimum application size is 1000 shares.

The IPO opens for subscription on 23 Sep 2025, and closes on 25 Sep 2025.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Ecoline Exim IPO opens on 23 Sep 2025.

Ecoline Exim IPO lot size is 1000, and the minimum amount required for application is ₹141000.

You may apply for the Ecoline Exim IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Ecoline Exim IPO is scheduled to be finalized on 26 Sep 2025. Subsequently, the shares allotted will be credited to investors’ demat accounts by 29 Sep 2025. Investors are advised to regularly check the Ecoline Exim IPO allotment status for updates.

The listing date for the Ecoline Exim IPO has not yet been officially announced. However, the tentative listing date is scheduled for 30 Sep 2025.

Ecoline Exim IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).

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