Ecoline Exim Ltd.

ECOLINE

Equity

NSE

Min. Investment

1,34,000.00

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IPO Details

Bidding Dates

23 Sept 25 - 25 Sept 25

Price Range ₹

134 - 141

Total Equity

80.67Cr

Lot Size

2000

Exchange Status

NSE

IPO Doc

Subscription Rate

Non-Institutional Investor

0.00×

Qualified Institutional Buyers

0.00×

Employees

0.00×

Retail Investors

0.00×

Total subscription Rate

0.00×

IPO Timeline

Offer start

23 Sept 2025

Offer end

25 Sept 2025

Allotment

26 Sept 2025

Refund initiation

29 Sept 2025

Demat transfer

29 Sept 2025

Listing

30 Sept 2025

About Company

Ecoline Exim Limited, incorporated in 2008, is a manufacturer of sustainable cotton and jute packaging and promotional bags, catering to global markets. The company exports to more than 25 countries including the European Union, the USA, Japan, Southeast Asia, and Mexico. Ecoline serves as an Original Equipment Manufacturer (OEM) for supermarkets, retail chains, wholesalers, and promotional companies. As of September 30, 2024, it had 48 customers for functional bags and 24 for promotional needs with an outstanding order book worth ₹97.44 crore across around 60 customers. It operates three manufacturing units located in Ahmedabad, Gujarat, and West Bengal, employing 267 people as of late 2024.Sustainable and eco-friendly business model focusing on the three R's: Reduce, Reuse, and Recycle.Rigorous quality control ensures consistent standardized product quality.Strategically located in-house manufacturing and design expertise.Long-standing customer relationships with diverse clientele.Strong international market presence across key global regions.

Year Founded

12-07-2008

Promotor Details

Sudarshan Saraogi

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage1000
Share Capital161753760

Offer to Public

57,21,000.00 Cr

Highlights

  • Strong sustainable and eco-conscious brand
  • Quality-oriented manufacturing and design
  • Diversified international customer base
  • Robust order book and customer relationships
  • Healthy financial metrics with improving profitability

Challenges

  • Slight decline in revenue indicating market challenges
  • Dependency on raw material quality and availability
  • Exposure to foreign market risks (economic, regulatory, political)
  • Potential operational risks with expansion to new manufacturing unit
  • Competition from other eco-friendly packaging manufacturers

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
20229,125.78115.541,777.391,885.6811.6576
202310,415.14115.54340.85383.942.3736
202412,807.95115.54340.85383.942.3736
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