High dependence on limited key customers creating revenue concentration risk.
Exposure to raw material price volatility for cotton and jute.
Dependence on outsourced processes increasing quality and delay risks.
Risks related to execution of new manufacturing facility including delays and overruns.
Foreign exchange fluctuations impacting earnings due to heavy export reliance.
Regulatory and compliance risks in domestic and international markets.
History of inconsistent cash flows raising liquidity concerns
SME · NSE
Ecoline Exim IPO
Ecoline Exim IPO
Overview
Ecoline Exim 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 opens for subscription on Sep 23, 2025 and closes on Sep 25, 2025. The allotment for the Ecoline Exim IPO is expected to be finalized on Sep 26, 2025. Ecoline Exim IPO will list on NSE SME with a tentative listing date fixed as Sep 30, 2025. Ecoline Exim IPO price band is set at ₹134.00 to ₹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..
Total Shares
54,20,000
Issue Size
₹76.42 Cr
Price Band
₹134 – ₹141
Lot Size
1000 shares
Min. Investment
₹2,82,000
Max. Investment
₹2,82,000
Open Date
23 Sep, 2025
Close Date
25 Sep, 2025
Allotment
26 Sep, 2025
Listing
30 Sep, 2025
Max. Investment
₹2,82,000
Announced
23 Sep, 2025
Opening Date
23 Sep, 2025
Closing Date
25 Sep, 2025
Basis of Allotment
26 Sep, 2025
Initiation of Refunds
29 Sep, 2025
Credit of Shares
29 Sep, 2025
Listing Date
30 Sep, 2025
Live GMP
Est. Listing: ₹156
₹15
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About Ecoline Exim IPO
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 so
Ecoline Exim IPO Share Price
Issue Breakdown
Total Issue54,20,000 shares₹76.42 Cr
Fresh Issue40,68,000 shares₹57.36 Cr
Offer for Sale10,80,000 shares₹15.23 Cr
Shareholding
Pre-Issue1,61,75,376
Post-Issue2,05,15,376
Dilution: 26.8% increase in shares
Ecoline Exim IPO Promoters Holding
Pre-Issue100.00%
Post-Issue73.58%
Ecoline Exim IPO Financial Health
Ecoline Exim Ltd.'s revenue decreased by 3% and profit after tax (PAT) dropped by 17% between the financial year ending with March 31, 2025 and March 31, 2024.
Ecoline Exim IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,82,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,82,000 |
| S-HNI (Min) | 3 | 3000 | ₹4,23,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,87,000 |
| B-HNI (Min) | 8 | 8000 | ₹11,28,000 |
(All values in CR)
Ecoline Exim IPO Valuations
The market capitalization of Ecoline Exim IPO is ₹289.27 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| 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 |
(All values in CR)
Ecoline Exim IPO Strength & Risk
+Strengths
Ecoline Exim IPO Strength:
Eco-friendly and sustainable product portfolio aligned with global shift away from single-use plastics.
Strong export base with presence across multiple international markets.
Recognised certifications ensuring compliance with global quality standards.
Growing financial performance with improving profitability trends.
Established relationships with international clients leading to repeat business.
Expansion plan through new manufacturing facility to enhance capacity and reduce outsourcing.
!Risks
Ecoline Exim IPO Risk:
Ecoline Exim IPO GMP
Ecoline Exim SME IPO last GMP is ₹15, last updated Sep 23rd 2025 05:28 PM. With the price band of 141.00, Ecoline Exim SME IPO's estimated listing price is ₹156 (cap price + today's GMP).The expected percentage gain/loss per share is 10.64%. >> Ecoline Exim SME IPO Retail Subject to Sauda: ₹11400 The lowest GMP is ₹0.00, while the highest GMP is ₹15.00.
+₹15+10.6%
Last updated 23 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Sep, 2025 | 141 | ₹15▲ | 11400 | ₹156 (10.64%) | 15000 | 23 Sep, 2025 |
| 22 Sep, 2025 | 141 | ₹10▲ | 7600 | ₹151 (7.09%) | 10000 | 22 Sep, 2025 |
| 21 Sep, 2025 | 141 | ₹5 | 3800 | ₹146 (3.55%) | 5000 | 21 Sep, 2025 |
| 20 Sep, 2025 | 141 | ₹5 | 3800 | ₹146 (3.55%) | 5000 | 20 Sep, 2025 |
| 19 Sep, 2025 | 141 | ₹5 | 3800 | ₹146 (3.55%) | 5000 | 19 Sep, 2025 |
| 18 Sep, 2025 | 141 | ₹5▲ | 3800 | ₹146 (3.55%) | 5000 | 18 Sep, 2025 |
| 17 Sep, 2025 | 141 | ₹0 | - | ₹141 (0.00%) | - | 17 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Ecoline Exim IPO
1
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2
Go to IPO Section
Find Ecoline Exim IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
3
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
4
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
5
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.