Issue Price
₹141
Per Share
GMP
NIL
Grey Market
Est. Listing
₹141
Expected Price
Min. Application
₹282,000
2 lots × 1000 shares
Incorporated in 2008, Ecoline Exim Limited manufactures sustainable cotton, jute packaging, and promotional bags for global export.The company has exported its products to more than 25 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.By September 30, 2024, the company sold products to 48 customers for functional needs and 24 for promotional needs.As of December 31, 2024, the company has an outstanding order book for supply for cotton and jute bags worth Rs 9744.37 lakhs from around 60 customers.As of January 2025, the company operates three manufacturing units, one in Ahmedabad, Gujarat, and the rest in West Bengal.As of September 30, 2024, the Company has 267 employees across various locations.Competitive StrengthSustainable 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 located in-house manufacturing capabilities with design expertise.Long standing association with customers.Widespread reach in International Market.
Ecoline Exim Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 272,000 | — | ₹3.84 Cr | — |
| TOTAL | 5,420,000 | 100.00% | ₹76.42 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹141,000 |
| Retail (Max) | 13 | 13,000 | ₹1,833,000 |
| sNII (Min) | 14 | 14,000 | ₹1,974,000 |
| bNII (Min) | 68 | 68,000 | ₹9,588,000 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 273.07 | 280.59 | 310.67 |
| EBITDA | 29.99 | 33.94 | 30.57 |
| Profit After Tax (PAT) | 18.82 | 22.59 | 18.86 |
| Net Worth | 88.45 | 71.70 | 49.11 |
| Total Assets | 146.31 | 128.72 | 104.46 |
| Reserves & Surplus | 72.27 | 70.54 | 47.96 |
| Total Borrowings | 39.89 | 44.81 | 42.47 |