Ecoline Exim IPO description – Incorporated in 2008, Ecoline Exim specializes in manufacturing a diverse range of sustainable packaging and promotional bags crafted from cotton and jute. The company exports these products globally, reaching over 27 countries during the Fiscal Year 2025. Its primary export markets include the European Union, the USA, Japan, Southeast Asia, and Mexico.
Ecoline Exim offers a diverse range of eco-friendly bags and textile products, including:
- Recycled Cotton Bags: Made from pre and post-consumer waste, these bags help reduce textile waste while providing durability and style.
- Organic Cotton Bags: Produced from cotton grown without pesticides or harmful chemicals, these bags are environmentally friendly and designed for conscious consumers.
- Fairtrade Cotton Bags: Crafted from cotton that meets Fairtrade certification standards, ensuring ethical labor practices and fair wages for farmers.
- Conventional Cotton Bags: A classic, affordable option combining functionality and simplicity.
- Jute Bags: A sustainable alternative made from natural jute fibers, ideal for carrying heavier loads while maintaining eco-friendliness.
Ecoline Exim provides OEM packaging solutions to clients such as supermarkets, retail chains, wholesalers, and promotional companies, customizing products with screen printing, embroidery, labeling, and sizing as per customer requirements. As of 30 June 2025, the company held an order book worth INR 88.10 crore for cotton and jute bags from approximately 63 customers.
Promoters of Ecoline Exim – Sudarshan Saraogi, Saurabh Saraogi, Shradha Saraogi, Gunjal Saraogi, and SL Commercial Private Limited
Table of Contents
Ecoline Exim IPO Details
| Ecoline Exim IPO Dates | 23 – 25 September 2025 |
| Ecoline Exim Issue Price | INR 134 – 141 per share |
| Fresh Issue | 43,40,000 shares (INR 58.16 – 61.19 crore) |
| Offer For Sale | 10,80,000 shares (INR 14.47 – 15.23 crore) |
| Total IPO Size | 54,20,000 shares (INR 72.63 – 76.42 crore) |
| Minimum Bid | 2,000 shares (INR 2,82,000) |
| Lot Size | 1,000 shares (INR 1,41,000) |
| Face Value | INR 10 per share |
| Individua Allocation | 35% |
| Listing On | NSE EMERGE |
Ecoline Exim Financial Performance
| FY 2023 | FY 2024 | FY 2025* | |
| Revenue | 303.66 | 272.19 | 269.19 |
| Expenses | 286.11 | 251.98 | 247.92 |
| Net income | 18.86 | 22.59 | 18.82 |
* Standalone Data
Ecoline Exim Offer News
- Ecoline Exim RHP
- Ecoline Exim Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Ecoline Exim Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 11.66 | 13.97 | 11.64 |
| PE ratio | – | – | 11.51 – 12.11 |
| RONW (%) | 38.40 | 31.50 | 21.28 |
| NAV | 30.36 | 44.33 | 54.68 |
| ROCE (%) | 29.97 | 26.45 | 21.14 |
| EBITDA (%) | 10.07 | 12.47 | 11.14 |
| Debt/Equity | 0.86 | 0.62 | 0.45 |
Ecoline Exim IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| 29 September 2025 | 4 | 4,000 |
| 27 September 2025 | 10 | 7,200 |
| 26 September 2025 | 14 | 10,200 |
| 25 September 2025 | 13 | 9,700 |
| 24 September 2025 | 5 | 3,800 |
| 23 September 2025 | 5 | 3,800 |
| 22 September 2025 | 5 | 3,800 |
| 20 September 2025 | 5 | 3,800 |
| 19 September 2025 | 5 | 3,800 |
Ecoline Exim IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 10,30,000 | 7,73,000 | 18,02,000 | 36,05,000 |
| 25 Sep 2025 | 9.51 | 5.76 | 4.37 | 6.14 |
| 24 Sep 2025 | 2.20 | 0.91 | 0.71 | 1.18 |
| 23 Sep 2025 | 1.45 | 0.55 | 0.31 | 0.69 |
The market maker reservation portion of 2,72,000 shares and anchor investors portion of 15,43,000 shares are not included in the above calculations.
Ecoline Exim IPO Allotment Status
Ecoline Exim IPO allotment status is now available on MUFG Intime’s website. Click on this link to get the allotment status.
Ecoline Exim IPO Dates & Listing Performance
| IPO Opening Date | 23 September 2025 |
| IPO Closing Date | 25 September 2025 |
| Finalization of Basis of Allotment | 26 September 2025 |
| Initiation of refunds | 29 September 2025 |
| Transfer of shares to demat accounts | 29 September 2025 |
| IPO Listing Date | 30 September 2025 |
| Opening Price on NSE SME | INR 140.85 per share (down 0.11%) |
| Closing Price on NSE SME | INR 140.50 per share (down 0.35%) |
Ecoline Exim Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email: [email protected]
Website: www.hemsecurities.com
Ecoline Exim Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Ecoline Exim Contact Details
ECOLINE EXIM LIMITED
8, G.C. Ghosh Road, Kolkata,
West Bengal, India, 700048
Phone: +91-89101-00252
E-mail: [email protected]
Website: www.ecoline.net.in
IPO FAQs
What is the Ecoline Exim offer size?
Ecoline Exim offer size is INR 72.63 – 76.42 crores.
What is the Ecoline Exim offer price band?
Ecoline Exim public offer price is INR 134 – 141 per share.
What is the lot size of the Ecoline Exim IPO?
Ecoline Exim offer lot size is 1,000 shares.
What is Ecoline Exim IPO GMP today?
Ecoline Exim IPO GMP today is INR 4 per share.
What is the Ecoline Exim kostak rate today?
Ecoline Exim kostak rate today is INR NA per application.
What is Ecoline Exim IPO Subject to Sauda rate today?
Ecoline Exim Subject to Sauda rate today is INR 4,000 per application.