Ecoline Exim IPO was subscribed 6.06 times on the last day. The retail quota was subscribed over 4.37 times, NII was subscribed over 5.41 times, and QIB was subscribed 9.51 times, respectively.
Details About Ecoline Exim IPO
Ecoline Exim got approval from SEBI for an IPO of around ₹76.42 crores. Ecoline Exim IPO is a fresh issue of ₹61.19 crores with a face value of ₹10 each.
Furthermore, Ecoline Exim had a set price band of ₹134 to ₹141 per share.
In the Ecoline Exim IPO, 2,400 shares were in 2 lot sizes for the retail minimum and maximum categories as well.
- Moreover, 3,000 shares were in 3 lot sizes for the S-HNI category.
- S-HNI Maximum investment has 7,000 shares in 7 lot sizes.
- B-HNI Minimum investment has 8,000 shares in 8 lot sizes.
To invest in the Ecoline Exim IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,82,000.
- SHNI (S-HNI): Minimum investment of ₹4,23,000.
- S-HNI Maximum: Minimum Investment of ₹9,87,000.
- B-HNI Minimum: Minimum Investment of ₹11,28,000
Ecoline Exim IPO’s Subscription Duration
The opening date of Ecoline Exim IPO was on September 23, 2025, and the closing date was on September 25, 2025. The allotment date of Ecoline Exim IPO was on September 26, 2025, and the investors will receive a refund on September 29, 2025. Ecoline Exim is set to be listed on September 30, 2025.
Ecoline Exim IPO funds deployment
- used for building construction, mechanical and electrical works, and buying plant and machinery to set up a new manufacturing unit at Ahmedabad (“Proposed Factory V”).
- Lastly, the remaining funds will be used for the company’s general corporate purposes.
About Ecoline Exim Company
Ecoline Exim is one of the leading companies in terms of manufacturing of wide range of sustainable packaging and promotional bags made out of cotton and jute. The company was founded in 2008. Moreover, they exported their products to more than 25 countries. European Union, the USA, Japan, South East Asia, and Mexico etc, are the major export markets of the company.
Nowadays, people are finding products that can be beneficial, avoid plastic, and are good for the environment, wherein Ecoline Exim has useful products made of cotton and jute bags. This eco-friendly product can be used many times and breaks down naturally. The company is also focused on providing strong, quality bags to consumers.
Ecoline Exim has skilled and knowledgeable promoters with many years of experience in the manufacturing of bags. They provide products to many types of customers, like international supermarkets, retail store chains, wholesalers, and promotional companies.
Financial Report of the Ecoline Exim Company
The company reported revenue of ₹280.59 crores in 2024 against ₹310.67 crores in 2023. The company reported a profit of ₹22.59 crores in 2024 against a profit of ₹18.86 crores in 2023.
