Ecoline Exim Ltd. is launching its SME IPO to raise funds for setting up a new manufacturing facility and general corporate purposes. The IPO opens on September 23, 2025 and closes on September 25, 2025. Shares are planned to be listed on NSE SME.
Key IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | September 23, 2025 |
| IPO Close Date | September 25, 2025 |
| Listing Date | September 30, 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹134 to ₹141 per share |
| Issue Size | Approx. ₹76.42 Crores |
| Fresh Issue | Approx. ₹61.19 Crores |
| Offer for Sale | Approx. 10,80,000 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| Retail Quota | Up to 35% |
| QIB Quota | Up to 50% |
| NII (HNI) Quota | Up to 15% |
Market Lot Information
| Category | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | 2,82,000 |
| Retail Maximum | 2 | 2,000 | 2,82,000 |
| S-HNI Minimum | 3 | 3,000 | 4,23,000 |
| S-HNI Maximum | 7 | 7,000 | 9,87,000 |
| B-HNI Minimum | 8 | 8,000 | 11,28,000 |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening | September 23, 2025 |
| IPO Closing | September 25, 2025 |
| Basis of Allotment | September 26, 2025 |
| Refund Initiation | September 29, 2025 |
| Demat Credit | September 29, 2025 |
| Listing Date | September 30, 2025 |
Promoters
- Sudarshan Saraogi
- Saurabh Saraogi
- Shradha Saraogi
- Gunjal Saraogi
- SL Commercial Private Limited
About the Company
Ecoline Exim Ltd. is engaged in manufacturing and export. The IPO proceeds will be used for construction and setup of a new manufacturing facility at Ahmedabad and for general corporate purposes. More operational details will be updated soon.
Financial Performance
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | 310.67 | 286.11 | 18.86 | 104.46 |
| 2024 | 280.59 | 251.98 | 22.59 | 128.72 |
Key Financial Ratios (FY2024)
| KPI | Value |
|---|---|
| ROE | 31.50% |
| ROCE | 26.45% |
| EBITDA Margin | 12.47% |
| PAT Margin | 8.30% |
| Debt to Equity Ratio | 0.62 |
| EPS (Basic) | ₹13.97 |
| P/E Ratio | N/A |
| RoNW | 31.50% |
| Net Asset Value (NAV) | ₹44.33 |
Peer Group Comparison
No listed companies.
Purpose of the IPO
- Funding capital expenditure for construction of building, mechanical and electrical works, and procurement of plant and machinery for new manufacturing facility at Ahmedabad
- General Corporate Purpose
Registrar & Contact Details
Registrar:
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: ecolineexim.smeipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Lead Managers:
Hem Securities Ltd.
Company Address:
Ecoline Exim Ltd.
8, G.C. Ghosh Road, Kolkata, West Bengal, 700048
Phone: +91-89101-0025
Email: cs@ecoline.net.in
Website: https://ecoline.net.in/
Reviews
The company has reported strong growth and profitability. Investors may consider for long-term investment, but are advised to research further and consult financial advisors before investing.