Ecoline Exim IPO Details
The key details of Ecoline Exim’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹76.42 Cr |
| Price Range | ₹134 - ₹141 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2,000 |
| Investment (cut-off price) | ₹2,82,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 73.58% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Ecoline Exim IPO Timelines
The IPO process for Ecoline Exim includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
23/09/2025
Start Date25/09/2025
End Date29/09/2025
Refund Initiation29/09/2025
Credit of Shares to Demat Ac30/09/2025
Listing DateEcoline Exim IPO Lot Size
The Ecoline Exim IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹141 per share. For retail investors, the minimum and maximum application is 2,000 shares (2 lots) amounting to ₹2,82,000. For Small HNI (S-HNI) investors, the minimum application is 3,000 shares (3 lots) worth ₹4,23,000, while the maximum is 7,000 shares (7 lots) amounting to ₹9,87,000. Big HNI (B-HNI) investors need to apply for at least 8,000 shares (8 lots), totaling ₹11,28,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2000 | ₹2,82,000 |
| Retail Maximum | 2 | 2000 | ₹2,82,000 |
| S-HNI Minimum | 3 | 3000 | ₹4,23,000 |
| S-HNI Maximum | 7 | 7000 | ₹9,87,000 |
| B-HNI Minimum | 8 | 8000 | ₹11,28,000 |
Ecoline Exim IPO Subscription Status
The subscription status for Ecoline Exim IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Ecoline Exim IPO Company Financials
Ecoline Exim reports robust performance in FY2024 with Total Income of ₹280.59 crores, managing expenses at ₹251.98 crores, and achieving a strong PAT (Profit After Tax) of ₹22.59 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹310.67 | ₹286.11 | ₹18.86 |
| FY 2024 | ₹280.59 | ₹251.98 | ₹22.59 |
About Company
Ecoline Exim Limited, incorporated in 2008, is a manufacturer of sustainable cotton and jute packaging and promotional bags primarily for global export markets. The company operates as an original equipment manufacturer, supplying customized packaging solutions to supermarkets, retail chains, wholesalers, and promotional companies. Its customer base spans more than 25 countries, including regions such as the European Union, the USA, Japan, Southeast Asia, and Mexico. As of September 30, 2024, the company had sold products to 48 customers for functional purposes and 24 customers for promotional needs.
As of January 2025, Ecoline Exim operates three manufacturing units, one located in Ahmedabad, Gujarat, and the other two in West Bengal. By December 31, 2024, the company had an outstanding order book valued at Rs 9744.37 lakhs for cotton and jute bags from around 60 customers. The company’s operations are supported by a workforce of 267 employees as of September 30, 2024, working across its various locations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2008 | Packaging | Saurabh Saraogi |
Know Before Investing
Ecoline Exim IPO Strengths
- Focuses on manufacturing eco-conscious packaging and promotional bags made from cotton and jute, aligning with growing global consumer and regulatory demand for sustainable products.
- Offers a varied range of bags including recycled cotton bags, organic cotton bags, Fairtrade certified cotton bags, conventional cotton bags, and jute bags, catering to different market segments.
- Exports products to over 25 countries including major markets like the European Union, USA, Japan, Southeast Asia, and Mexico, providing revenue diversification and global footprint.
- Holds a solid order book worth approximately ₹97.44 crore from around 60 customers as of December 2024, indicating healthy demand and order visibility.
- Operates multiple production facilities with design expertise and quality control capabilities, enabling efficient and consistent product quality.
- Positioned to benefit from the expanding global and Indian markets for sustainable packaging solutions driven by regulatory and social trends.
- Reported growing revenues and profitability in recent years, reflecting operational efficiency and favorable market acceptance.
Ecoline Exim IPO Risks
- The company does not have long-term agreements for sourcing raw materials like cotton and jute; any interruption or price volatility may adversely affect production costs and margins.
- A significant portion of revenues comes from a few major customers, creating dependency risk if any large buyer reduces orders or delays payments.
- Operations are subject to various environmental, labor, and business regulations; failure to maintain licenses or comply with evolving rules may result in penalties or operational disruptions.
- As a significant exporter, Ecoline Exim is exposed to currency fluctuations that could impact profitability and cash flows.
- The company relies on third-party logistics for raw material and finished goods movement; disruptions could affect timely delivery and increase costs.
- Past related party transactions and ongoing legal proceedings could pose financial or reputational risks if adverse outcomes occur.
- The success of the company is closely linked to the promoters and key managerial staff; any loss could adversely impact business continuity.
Swot Analysis for Ecoline Exim IPO
Strengths
Global Export Reach, Strong Corporate Ethos, Growing Market Demand
Weaknesses
Supplier Dependency, High Working Capital, Geographical Production Concentration
Opportunities
Rising Global Sustainability Awareness, E-commerce and Digital Growth, Expanding International Markets
Threats
Raw Material Volatility, Geopolitical Risks, Economic Slowdown
Company Details
Ecoline Exim Ltd.
8, G.C. Ghosh Road, Kolkata, West Bengal, India, 700048.
Phone: +91-89101-0025
Email: cs@ecoline.net.in
Website: https://ecoline.net.in/
IPO Registar Details
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: ecolineexim.smeipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
FAQs
The key objectives of Ecoline Exim SME IPO are:
- 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.
Hem Securities Ltd. is the book-running lead managers for the Ecoline Exim IPO.
Ecoline Exim IPO reflects strong growth potential with revenues of ₹280.59 crore in 2024 and profit of ₹22.59 crore supported by robust margins and high ROE of 31.5%. Rising demand for sustainable packaging and integration strategies strengthen long term competitiveness despite execution and cost related risks.
The issue price for the Ecoline Exim IPO is set between ₹134 to ₹141 per share.
To invest in two lot of Ecoline Exim IPO, you need ₹2,68,000 at the lower price band (₹134 per share) or ₹2,82,000 at the upper price band (₹141 per share) for a lot size of 2000 shares.
Ecoline Exim IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on September 30, 2025.
Refund/unblocking of funds for Ecoline Exim IPO will begin on September 29, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Ecoline Exim IPO shares on listing day (September 30, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.