Loading...
Guest User
Welcome! Please login.
| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹76.42 Cr |
| Reserved for Market Maker | ₹3.84 Cr |
| Net Issue Size | ₹76.42 Cr |
| Fresh Issue | ₹57.36 Cr |
| Offer for Sale | ₹15.23 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹134.00-141.00 per share |
| NSE Code | ECOLINE |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
 ₹0 A/C OpeningFree MF ₹20F&O Trade ₹0Delivery 1Cr+Customers Open Free Account → |
 ₹0 A/C Opening₹0 AMC Trading Account ₹20F&O Trade ₹20Delivery FreeIPO Apply Open Free Account → |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares · Multiples of 1,000 shares
Incorporated in 2008, Ecoline Exim Limited is primarily engaged in manufacturing of wide range of sustainable packaging and promotional bags made out of cotton and jute
Ecoline Exim Limited manufactures sustainable cotton, jute packaging, and promotional bags for global export.
The company has exported its products to more than 27 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.
As of September 18, 2025, the company operates three manufacturing units, one in Ahmedabad, Gujarat, and the rest in West Bengal.
Products:
As on March 31, 2025, the company had 201 permanent employees and 339 contractual employees.
Competitive Strength
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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) | 50.00 |
| 2 | General Corporate Purposes | 4.42 |
| 3 | Issue Expenses | 6.77 |
| Total | 61.19 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| 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 | 71.70 | 49.11 |
| Reserves and Surplus | 72.27 | 70.54 | 47.96 |
| Total Borrowing | 39.89 | 44.81 | 42.47 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 11.64 | 9.17 |
| P/E (x) | 12.12 | 15.37 |
| Promoter Holding | 100% | 73.58% |
| Market Cap | ₹289.27 Cr. | |
Note: KPIs are based on standalone financial statement for FY 2025.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including underwriting commission | 3.61 |
| 2 | Fees Payable to Registrar to the Offer | 0.01 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.81 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.05 |
| 5 | Payment for Printing & Stationery, Postage, etc | 0.00 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.08 |
| 7 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | 2.21 |
Last Updated on 22-Jul-2026 07:11:32
