Ecoline Exim IPO
GMP, Subscription, Price, Dates & Financial Details
Ecoline Exim LimitedIncorporated 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…
Open Date
Tue, 23 Sep 2025
Close Date
Thu, 25 Sep 2025
Price Band
₹ 134 – 141
Lot Size
1000
Issue Size
₹ 76.42 Cr
Minimum Investment
₹ 282,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Ecoline Exim IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹76.42 Crore, comprising a fresh issue of 40.68 Lakh equity shares aggregating to ₹57.36 Crore and an offer for sale (OFS) of 10.80 Lakh equity shares aggregating to ₹15.23 Crore by the existing shareholders.
The Ecoline Exim IPO remained open for subscription from September 23, 2025, to September 25, 2025. The basis of allotment was finalized on September 26, 2025, and the company's shares were listed on NSE SME Platform on September 30, 2025.
The company had fixed the price band at ₹134 to ₹141 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹282,000 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Hem Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Ecoline Exim Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Ecoline Exim IPO Timeline (Tentative)
- IPO Open Date
- Tue, 23 Sep 25
- IPO Close Date
- Thu, 25 Sep 25
- Basis of Allotment
- Fri, 26 Sep 25
- Initiation of Refunds
- Mon, 29 Sep 25
- Credit of Shares to Demat
- Mon, 29 Sep 25
- Listing Date
- Tue, 30 Sep 25 — NSE & BSE
Open Date
23 September 2025
Close Date
25 September 2025
Basis Of Allotment
26 September 2025
Listing Date
30 September 2025
IPO Subscription
Check Live Subscription →The Ecoline Exim IPO has received bids for 2,21,20,000 shares against 36,05,000 shares offered, resulting in an overall subscription of 6.14x. the NII category is subscribed 5.76x, Retail Investors 4.37x, and QIBs 9.51x. Within the NII category, BNII is subscribed 6.15x, while SNII is subscribed 4.97x.
QIB
9.51x
NII
5.76x
BNII
6.15x
SNII
4.97x
RII
4.37x
Total
6.14x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 18,02,000 shares, representing 49.99% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 10,30,000 shares (28.57%), while Non-Institutional Investors (NIIs) receive 7,73,000 shares (21.44%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,030,000 | 28.57% |
| Non-Institutional | 773,000 | 21.44% |
| BNII | 515,000 | 14.29% |
| SNII | 258,000 | 7.16% |
| Retail Investors | 1,802,000 | 49.99% |
| Total | 3,605,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Ecoline Exim Limited KPI Information
| 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 |
| Pat Margin % | 6.99 | 8.3 | 6.21 |
Peers Comparison
No Peer Comparision Available
About Ecoline Exim Limited
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.
Ecoline Exim IPO 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%
Ecoline Exim IPO Objective
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
Ecoline Exim Limited Address / 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/
IPO Snapshot
Ecoline Exim IPO Lot Size
The Ecoline Exim IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,82,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,82,000.
| 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 |
Issue Reservation
- QIB — 28.57%
- NII — 21.44%
- RII — 49.99%
Book Running Lead Managers
- Hem Securities Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Ecoline Exim IPO?
Ecoline Exim IPO is a Book-building IPO with a total issue size of ₹76.42 crore. The Ecoline Exim IPO price band is ₹134 to 141 per share. The Ecoline Exim IPO subscription opens on Tue, Sep 23, 2025, and closes on Thu, Sep 25, 2025. The Ecoline Exim IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Ecoline Exim IPO.
When will the Ecoline Exim IPO open for subscription?
The Ecoline Exim IPO opens on Tue, Sep 23, 2025 and closes on Thu, Sep 25, 2025
What is Ecoline Exim IPO Price Band?
Ecoline Exim IPO Price Band is ₹134 to 141 per share.
What is Ecoline Exim IPO Lot Size?
Ecoline Exim IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹282000 based on the upper price band
What is the minimum investment for Ecoline Exim IPO?
The minimum investment for Ecoline Exim IPO is ₹282000, based on one lot of 1000 shares at the upper price band of ₹141 per share.
How to apply for Ecoline Exim IPO?
Investors can apply for the Ecoline Exim IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 25, 2025. The application amount remains blocked until the Ecoline Exim IPO allotment is finalized.
What is Ecoline Exim IPO Issue Size?
Ecoline Exim IPO issue size is ₹76.42 crores.
What is the Ecoline Exim IPO Allotment Date?
Ecoline Exim IPO allotment date is Fri, Sep 26, 2025.
Who is the Ecoline Exim IPO Registrar?
The registrar for Ecoline Exim IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Ecoline Exim IPO allotment status, refund processing, and other IPO-related information.
What is the Ecoline Exim IPO GMP?
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 2.13% over the issue price.
Who is the Ecoline Exim IPO Lead Manager?
The book-running lead managers (BRLMs) for the Ecoline Exim IPO are Hem Securities Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Ecoline Exim IPO Red Herring Prospectus (RHP).