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Open
23 Sep 2025
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Close
25 Sep 2025
3
Allotment
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Listing
Tue, Sep 30, 2025
Price Band
₹134 to ₹141
Issue Size
54,20,000 shares (agg. up to ₹76 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Sep 30, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
30-09-2025₹0Est. ₹141+0%
29-09-2025₹0Est. ₹141+0%
28-09-2025₹3Est. ₹144+2.13%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.69x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jyoti Global Plast Ltd. | SME | ₹35.44 Cr | ₹66 | 16.82 | ₹65.80 | -0.30% | ₹42.90 (+2.14%) |
| GLEN Industries Ltd. | SME | ₹62.94 Cr | ₹97 | 9.33 | ₹152.37 | +57.08% | ₹66.14 (-1.28%) |
| 3B Films Ltd. | SME | ₹33.75 Cr | ₹50 | 24.72 | ₹46.08 | -7.84% | ₹16.69 (+4.12%) |
| Barflex Polyfilms Ltd. | SME | ₹39.41 Cr | ₹60 | 8.39 | ₹63.00 | +5.00% | ₹52.00 (-6.31%) |
| Subam Papers Ltd. | SME | ₹93.70 Cr | ₹152 | 7.77 | ₹149.10 | -1.91% | ₹221.40 (+0.18%) |
Objects of the Issue
| # | 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 |
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 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: Cotton Bags: Conventional Bags, Organic Cotton Bags, Fairtrade Cotton Bags Jute Bags: Jute shopping bags are produced using normal jute fabric and has no classifications on the grade of jute. As on March 31, 2025, the company had 201 permanent employees and 339 contractual employees. Competitive Strength Sustainable and Eco-friendly business model focusing on three R’s of the environment – Reduce, Reuse and Recycle. Stringent quality control mechanism ensuring standardized product quality. Strategically l
Contact Details
Ecoline Exim Ltd. Address8, G.C., Ghosh RoadKolkata, West Bengal, 700048+91-89101-0025cs@ecoline.net.inVisit Website