Ecoline Exim IPO
Open SmeCurrent GMP
₹3 (+2.13%)
Price Band
₹ 134 – 141
Lot Size
1000
Issue Size
₹76.42 Cr
Minimum Investment
₹282000 (2000 Shares)
Listing Date
30 September 2025
Subscription
6.14x
About the Company
Ecoline Exim Limited
Incorporated in 2008, Ecoline Exim Limited is engaged in the manufacturing of sustainable cotton and jute packaging solutions, including promotional bags, for the global export market.
The company serves as an Original Equipment Manufacturer (OEM), offering customized packaging solutions to supermarkets, retail chains, wholesalers, and promotional companies. Its products have been exported to more than 25 countries, including the European Union, the USA, Japan, Southeast Asia, Mexico, and other international markets.
- Customer Base (as of September 30, 2024):
• 48 customers for functional packaging needs
• 24 customers for promotional requirements - Order Book (as of December 31, 2024):
Outstanding orders worth ₹9,744.37 lakhs from approximately 60 customers for cotton and jute bag supplies. - Manufacturing Facilities (as of January 2025):
• One unit in Ahmedabad, Gujarat
• Two units in West Bengal - Workforce (as of September 30, 2024):
267 employees across various locations
Ecoline Exim Limited continues to strengthen its position as a reliable supplier of eco-friendly packaging solutions, combining sustainability with large-scale manufacturing and international quality standards.
Promoters
- Sudarshan Saraogi
- Saurabh Saraogi
- Shradha Saraogi
- Gunjal Saraogi
- SL Commercial Private Limited
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.58%
Objects of the Issue
The Company Ecoline Exim IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- 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”)
- General Corporate Purpose
Address / Contact Info
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 23 September 2025
IPO Close Date
Thursday, 25 September 2025
Basis of Allotment
Friday, 26 September 2025
Initiation of Refunds
Monday, 29 September 2025
Credit of Shares to Demat
Monday, 29 September 2025
Listing Date
Tuesday, 30 September 2025 — NSE & BSE
Important Dates
Open Date
23 September 2025
Close Date
25 September 2025
Basis Of Allotment
26 September 2025
Listing Date
30 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 146.31 | 128.72 | 104.46 |
| Revenue | 273.07 | 280.59 | 310.67 |
| Profit After Tax | 18.82 | 22.59 | 18.86 |
| Net Worth | 88.44 | 71.7 | 49.11 |
| Reserve & Surplus | 72.27 | 70.54 | 47.96 |
| Total Borrowings | 39.89 | 44.81 | 42.47 |
EPS Pre
11.64%
EPS Post
9.17%
P/E Pre
12.12
P/E (Post Issue)
15.37x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 23.51 | 38.12 | 48.94 |
| ROCE % | 21.14 | 26.45 | 29.97 |
| Debt / Equity | 0.45 | 0.62 | 0.86 |
| RoNW % | 21.28 | 31.5 | 38.4 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 6.99 | 8.3 | 6.21 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1030000 | 28.57 | 0 |
| Non-Institutional | 773000 | 21.44 | 0 |
| BNII | 515000 | 14.29 | 0 |
| SNII | 258000 | 7.16 | 0 |
| Retail Investors | 1802000 | 49.99 | 0 |
| Total | 3605000 | 100 | 0 |
Subscription Status ( Thu, 25 Sep 25 01:31 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1030000 | 9795000 | 9.51x |
| Non-Institutional | 773000 | 4451000 | 5.76x |
| BNII | 515000 | 3168000 | 6.15x |
| SNII | 258000 | 1283000 | 4.97x |
| Retail Investors | 1802000 | 7874000 | 4.37x |
| Total | 3605000 | 22120000 | 6.14x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 282,000.00 |
| Retail (Max) | 2 | 2,000 | 282,000.00 |
| S-HNI (Min) | 3 | 3,000 | 423,000.00 |
| S-HNI (Max) | 7 | 7,000 | 987,000.00 |
| B-HNI (Min) | 8 | 8,000 | 1,128,000.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Hem Securities Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Ecoline Exim IPO is a Book-building IPO worth ₹76.42 crores. The price band is ₹134 to 141 per share. The IPO opens on Tue, Sep 23, 2025 and closes on Thu, Sep 25, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Ecoline Exim IPO opens on Tue, Sep 23, 2025 and closes on Thu, Sep 25, 2025
Ecoline Exim IPO Price Band is ₹134 to 141.
Ecoline Exim IPO lot size is 1000, and the minimum amount required for application is ₹282000.
The minimum investment for Ecoline Exim IPO is approximately ₹282000 based on the upper price band.
To apply for the Ecoline Exim IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Sep 25, 2025. After submission, funds are blocked until the basis of allotment of Ecoline Exim IPO is finalised.
Ecoline Exim IPO issue size is ₹76.42 crores.
Ecoline Exim IPO allotment date is Sat, Jun 27, 2026.
The registrar for Ecoline Exim IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Ecoline Exim IPO through their official website or helpline.
The Ecoline Exim IPO GMP (Grey Market Premium) is ₹3 as of Mon, Sep 29, 2025. Based on the upper price band of ₹141 per share, the estimated Ecoline Exim IPO listing price is ₹144, indicating a potential listing gain of approximately 31% over the issue price.