Allotment

Ecoline Exim Ltd. IPO is a book build issue of ₹76.42 crores. The issue is a combination of fresh issue of 0.43 crore shares aggregating to ₹61.19 crores and offer for sale of 0.11 crore shares aggregating to ₹15.23 crores.
Ecoline Exim IPO bidding started from Sep 23, 2025 and ended on Sep 25, 2025. The allotment for Ecoline Exim IPO was finalized on Sep 26, 2025. The shares got listed on NSE SME on Sep 30, 2025.
Ecoline Exim IPO price band is set at ₹141.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,82,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹4,23,000.
Hem Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Hem Finlease Pvt.Ltd..
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| IPO Date | 30 Sep |
| IPO Listing Date | 30 Sep |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹141.00 |
| IPO Issue Size | 54,20,000 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Book Building IPO |
| IPO Listing | NSE SME Platform |
| hare Holding Pre Issue | 1,61,75,376 shares |
| IPO Open Date | 23 Sep |
| IPO Close Date | 25 Sep |
| IPO Allotment (Tentative) | 26 Sep |
| Refunds | 29 Sep |
| Credit to Demat Account | 29 Sep |
| IPO Listing Date | 30 Sep |
| Category | Offer |
|---|---|
| QIB Shares Offered | 2,72,000 Shares |
| NII (HNI) Shares Offered | 7,73,000 Shares |
| Retail Shares Offered | 18,02,000 Shares |
Investors can bid for a minimum of 2,000 shares, with additional shares to be purchased in multiples of 1,000.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,82,000 |
| Retail (Max) | 2 | 2,000 | ₹2,82,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,23,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,87,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,28,000 |
Incorporated in 2008, Ecoline Exim Limited is engaged in the manufacturing of a wide range of sustainable packaging and promotional bags made from cotton and jute.
The company specializes in producing eco-friendly cotton and jute bags for global export markets. Its products are supplied to over 27 countries, including the European Union, the United States, Japan, Southeast Asia, and Mexico.
Ecoline Exim Limited operates as an OEM, offering customized packaging solutions to supermarkets, retail chains, wholesalers, and promotional companies worldwide.
As of September 18, 2025, the company runs three manufacturing facilities, with one unit located in Ahmedabad, Gujarat, and two units in West Bengal.
Product Portfolio
Cotton Bags: Conventional cotton bags, Organic cotton bags, and Fairtrade cotton bags
Jute Bags: Shopping bags manufactured using standard jute fabric, without classification based on jute grade
As of March 31, 2025, the company employed 201 permanent staff and 339 contractual workers.
Competitive Strengths
Sustainable and eco-friendly business model aligned with the three environmental principles — Reduce, Reuse, and Recycle
Robust quality control systems to ensure consistent and standardized product quality
Strategically located in-house manufacturing units supported by strong design capabilities
Long-standing relationships with customers
Extensive presence across international markets
| Assets | 146.31 | 128.72 | 104.46 |
| Total Income | 273.07 | 280.59 | 310.67 |
| Profit After Tax | 18.82 | 22.59 | 18.86 |
| EBITDA | 29.99 | 33.94 | 30.57 |
| NET Worth | 88.45 | 71.7 | 49.11 |
| Reserves and Surplus | 72.27 | 70.54 | 47.96 |
| Total Borrowing | 39.89 | 44.81 | 42.47 |
| ROE | 23.51% |
| ROCE | 21.14% |
| Debt/Equity | 0.45 |
| RoNW | 21.28% |
| PAT Margin | 6.99% |
| EBITDA Margin | 11.14% |
| Price to Book Value | 2.58 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 4.42 |
| 4 | Offer for Sale (OFS) | - |
Ecoline Exim Ltd. Address
8, G.C.
Ghosh Road
Kolkata
Kolkata, West Bengal, 700048
+91-89101-0025
cs@ecoline.net.in
https://ecoline.net.in/
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
ecolineexim.smeipo@in.mpms.mufg.com
https://linkintime.co.in/Initial_Offer/public-issues.html