Ecoline Exim Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹10(7.09%)
Premium (ELP)
The Initial Public Offering of Ecoline Exim Limited's culminated in its successful listing on Sep 30, 2025 at the NSE trading platform. The company secured 54,20,000 Shares through this capital market exercise, with 43,40,000 Shares allocated to new capital formation and ₹15.23 Cr to existing shareholder liquidity.
Investors participated within the price parameters of ₹134 to ₹141, with minimum investment requirements of 1000 shares. The subscription period from Sep 23, 2025 to Sep 25, 2025 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Sep 26, 2025. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Ecoline Exim Limited, founded in 2008, manufactures eco-friendly cotton and jute packaging and promotional bags for global markets. The company exports to over 25 countries including the European Union, USA, Japan, Southeast Asia, and Mexico, and serves supermarkets, retail chains, wholesalers, and promotional firms as an OEM supplier. By September 2024, it had 48 customers for functional products and 24 for promotional needs, with an outstanding order book of Rs 9,744.37 lakhs from around 60 customers as of December 2024. The company runs three manufacturing units—one in Ahmedabad, Gujarat, and two in West Bengal—and employs 267 people across its operations.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Eco-Friendly & Sustainable Products – Manufactures cotton and jute bags as durable, reusable, and biodegradable alternatives to plastic and paper, promoting the 3Rs: Reduce, Reuse, Recycle.
- Strict Quality Assurance – Implements stringent quality checks across production stages, ensuring reliable products that meet global standards and secure repeat multinational orders.
- In-House Manufacturing & Design Strength – End-to-end capabilities in sourcing, design, production, and packaging drive efficiency, quality control, and supply chain reliability.
- Evolving Consumer Demand – Shifts in fashion trends and preferences for cotton and jute bags may affect sales, requiring continuous innovation in designs.
- Supplier Dependency – Heavy reliance on a few cotton and jute suppliers without long-term contracts exposes the company to supply disruptions and price volatility.
- Operational Disruptions – Dependence on owned manufacturing facilities makes the business vulnerable to slowdowns, shutdowns, or prolonged disruptions impacting cash flows.
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Ecoline Exim Limited
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